peHUB First Read

First Read brings you into the week’s homestretch with news McDonald’s CEO has stepped down, Facebook earnings climb on mobile growth but expenses are up 87% and the future of wearables isn’t the connected watch.


peHUB Second Opinion

In Second Opinion, Avon is reportedly in deal talks with TPG, Google wants Firefox users to change their search engine and the number of female partners in VC has dropped by nearly half since 1999.


Invacare names PE vet Monaghan as president and CEO

Invacare Corp. has hired Matthew E. Monaghan as president and CEO. The appointment becomes effective April 1, 2015. Currently, Monaghan is the senior vice president and general manager of Zimmer’s Global Hips business. Before joining Zimmer, Monaghan was an operating executive at TPG and Cerberus Capital. Headquartered in Elyria, Ohio, Invacare is a maker of home and long-term care medical products that promote recovery and active lifestyles.


TPG leads $186 mln round for

Online education firm has raised $186 million in funding. TPG led the round with participation from Accel Partners, Spectrum Equity and Meritech. Allen & Co provided financial advice to on the transaction. Also, the company has added David Trujillo of TPG to its board.


peHUB First Read

First Read kicks off your New Year with news Alibaba rival Wanda E-commerce raising $161 mln at $3 bln valuation, the biggest cyber-security threats of 2015 and investors bought into nearly $250 bln in global IPOs in 2014.


peHUB Second Opinion

In Second Opinion, NYC considers letting drivers use Bitcoin, Apple Pay and PayPal to pay for parking tickets, Blackstone and TPG are opening up about hidden fees and guess which burger chain has its sights set on Cuba. Happy New Year, everyone!


Satori Capital appoints new CFO

Texas investment firm Satori Capital has hired Willie Houston as chief financial officer. Previously, Houston worked at TPG where he served as senior director of financial operations.


TPG exits China Grand Auto via Haitong sale-Reuters

TPG is exiting its whole investment in car dealership China Grand Automotive Services (CGA) through a sale to Haitong Securities and a third party investor, according to regulatory filings and sources close to the transaction.


Providence to buy stake in RentPath from TPG

Providence Equity Partners has agreed to acquire a stake in RentPath from owner TPG. No financial terms were disclosed. According to terms of the deal, Providence and TPG will own equal shares of RentPath. Moelis was lead financial advisor with support from BofA Merrill Lynch. Headquartered in Norcross, Georgia, RentPath is a search company for apartment and home renters.


TPG invests in CAA

TPG has acquired a majority stake in Los Angeles-based Creative Artists Agency, which represents top entertainment and sports professionals. No financial terms were disclosed. UBS and LionTree Advisors provided financial advice to CAA in the transaction.


TPG-backed Immucor buys Sentilus

Immucor, a portfolio company of TPG, has acquired Sentilus. No financial terms were disclosed. Ropes & Gray advised Immucor on the transaction. Based in Durham, NC, Sentilus is a provider of microarray-based technology used in a variety of in vitro diagnostics areas.

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