JetSmarter takes off with $20 mln Series B

Fort Lauderdale, Florida-based private jet app JetSmarter has secured $20 million in Series B funding. The investors included members of the Saudi royal family, high-net-worth individuals and family offices as well as C-level executives from companies such as Goldman Sachs and Twitter.


DataFox pulls in $5 mln

DataFox, a San Francisco-based online research platform provider, has secured $5 million in funding, the company announced in a blog post on its site. The investors included Goldman Sachs and Green Visor Capital. In addition to the funding, Simon Yoo of Green Visor has joined DataFox’s board of directors while Rana Yared of Goldman Sachs has been named an observer.


Goldman Sachs backs Comvest’s third direct lending fund

Goldman Sachs has provided up to $150 million in credit to Comvest Partners‘ third direct lending fund, which closed at $450 million this past June. As a result of this commitment, Comvest Capital III now has up to $600 million in credit. Comvest Capital provides financing to middle-market companies.


PE HUB Second Opinion

In Second Opinion, Netflix racks up 34 Emmy nominations while Amazon scores with 12, Canadian auto parts maker Magna is planning on buying Germany’s Getrag for $1.9 billion and four Marines are reportedly dead in a shooting attack at Tennessee Navy facility.


Wight joins Carlyle Group

The Carlyle Group said Wednesday that Jill Wight has joined the firm as a Principal in the U.S. middle market team in a newly-created operations role. Wight was previously with Goldman Sachs where she was a Director in the Special Situations Group.


Houlihan Lokey files to go public

Houlihan Lokey Inc. filed to raise as much as $100 million in an IPO, according to a July 10 SEC filing. The Los Angeles-based investment bank is backed by ORIX USA Corp. Houlihan Lokey did not list how many shares it would sell or their price range. That will come in future filings. Houlihan Lokey does plan to trade on the NYSE under the ticker symbol “HLI.” Bookrunners on the deal include BofA Merrill Lynch and Goldman, Sachs & Co.


Goldman Sachs and GRO Capital to acquire Trackunit

Goldman Sachs‘ merchant banking division and GRO Capital have agreed to buy Trackunit‘s parent company M-Tec Holding, Pandrup. Nordea provided debt financing for the transaction. No financial terms were disclosed. Denmark-based Trackunit is a provider of machine telematics products and software.


PE HUB First Read

First Read ushers in your morning with news that Chinese Uber rival Didi Kuaidi has raised $2 billion in funding, massive layouts are expected at Microsoft and Greece is given until Sunday to settle debt crisis or face disaster.


Bain Capital completes TI Automotive acquisition

Bain Capital has closed its previously announced buy of Auburn Hills, Michigan-based TI Automotive, a provider of fluid storage, carrying and delivery systems for cars and trucks. No financial terms were disclosed. Blackstone Advisory Partners provided financial advice to TI Automotive while Goldman Sachs and UBS Securities LLC served as financial advisors to Bain Capital.


WeWork racks up $400 mln

New York-based WeWork, a shared workspace provider, has raised $400 million in financing, the company announced on its site. With this funding, Fidelity Management and Research Company has joined the company’s other backers that include J.P. Morgan Investment Management Inc, T. Rowe Price Associates Inc, Goldman Sachs and Benchmark Capital.


KKR to sell Capital Safety to 3M

3M has agreed to buy Capital Safety from KKR. The deal is valued at $2.5 billion. Morgan Stanley served as financial advisor to 3M on the transaction while Goldman Sachs was financial advisor to KKR. Based in Bloomington, Minnesota, Capital Safety is a provider of fall proteciton equipment.

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