US

Get The Wire in your inbox each morning! Just send us an email  David Wilhelm, co-founder of venture capital and political consultancy Wilhelm & Conlon, has been asked to put together a transition team for Illinois Governor-elect Rod Blagojevich. Wilhelm, who is not expected to stick around beyond the transition, had been a senior advisor […]

Get The Wire in your inbox each morning! Just send us an email. Leonard Green & Partners is nearing a final close on its fourth buyout fund. The vehicle was launched with a $1.5 billion target, but sources say it will close closer to $1.8 billion, with CalPERS as the lead institutional investor. Buyouts subscribers […]

Get The Wire in your inbox each morning! Just send us an email. General Electric (GE) this morning told Private Equity Week that its GE Equity group will no longer originate new private equity investment opportunities, although it will continue to support its existing portfolio companies. In addition, GE Equity will no longer act as […]

Get The Wire in your inbox each morning! Just send us an email. Apriso Corp., a Long Beach, Calif.-based enterprise software developer, announced the closing of its second round of financing at $16.1 million. SAP Ventures, contributed the final sum toward the investment announced initially in April of this year. Apriso will use the funds […]

Get The Wire in your inbox each morning! Just send us an email. Tempur World Inc., a Lexington, Ky.-based mattress and pillow producer, has been acquired for approximately $350 million by TA Associates and Friedman, Fleischer & Lowe. Equity capital for the purchase will be provided approximately $95 million by TA and $50 million by […]

Get The Wire in your inbox each morning! Just send us an email. Insulet Corp., a Beverly, Mass.-based developer of wireless insulin pumps for diabetes patients, is expected to announce Monday that it has raised $22 million in its third round of venture capital funding. New investor Pequot Capital Management led the Series C deal, […]

Get The Wire in your inbox each morning! Just send us an email. MicroMed Technology Inc., a Houston-based cardiac medical device company, announced today that it has raised $23 million in a private placement of its Series D Preferred Stock. Existing investors participating in the round included Essex Woodlands Health Ventures, Charterhouse Group International, Oxford […]

Get The Wire in your inbox each morning! Just send us an email . Sightward, a predictive analytics software and services provider, today announced it has appointed Will Hodgman as President and Chief Executive Officer and secured an additional $2.5 million in funding from Northwest Venture Associates. The funding will enable Sightward to focus operations […]

Get The Wire in your inbox each morning! Just send us an email. EPCglobal Ltd., a San Francisco-based staffing and solutions company that specializes in servicing the engineering and construction industries, has secured a $11 million investment from Lloyds TSB Development Capital (LDC). The funding will allow the company to continue its international growth, and […]

Get The Wire in your inbox each morning! Just send us an email. Terion Inc., a leading provider of trailer monitoring systems announced that its reorganization became effective on August 30, 2002. Terion’s investor group has supported the reorganization and has funded the company with an additional $10.8 million. Terion has restructured its business to […]