104 Views

Carlyle and Warburg Pincus completes DBRS acquisition

The Carlyle Group and Warburg Pincus have closed their previously announced buy of Toronto-based credit rating agency DBRS. No financial terms were disclosed. Perella Weinberg Partners was financial advisor to DBRS on the transaction while CIBC World Markets Inc provided financial advice to The Carlyle Group and Warburg Pincus.

VC-backed Avalara buys HotSpot Tax

Avalara has acquired HotSpot Tax Inc, which provides tax compliance solutions for the vacation rental sector. No financial terms were disclosed. Avalara’s backers include Sageview Capital, Battery Ventures, Warburg Pincus, Technology Crossover Ventures and Arthur Ventures.

VC-backed Avalara recruits Falle as North American channel chief

Bainbridge Island, Washington-based Avalara, which provides software for sales tax and other transactional tax compliance, has hired Patrick Falle as North American channel chief. Previously, Falle worked at Imperva where he served as director of sales and was a founding employee. Avalara’s backers include Sageview Capital, Battery Ventures, Warburg Pincus, Technology Crossover Ventures and Arthur Ventures.

178 Views

Warburg Pincus to invest $125 mln in Nirvana

Warburg Pincus has committed $125 million to Nirvana Development Tbk PT. The firms are creating a joint venture to build and develop a retail platform in Indonesia. Warburg has the option to invest another $75 million, the release said. The JV will seek to develop shopping malls across second- and third-tier cities in Indonesia. Jakarta, Indonesia-based Nirvana is a property developer.

137 Views

Velvet Energy racks up $100 mln

Velvet Energy, an oil and gas exploration and production company focused on the Western Canadian Sedimentary Basin region, has closed $100 million in funding. Previous backers Warburg Pincus LLC, Trilantic Capital Partners and ZAM Ventures LP led the round.

182 Views

Avalara nets $42 mln

Avalara Inc, which provides cloud-based software for sales tax and other transactional tax compliance, has raised $42 million in funding. The investors included Technology Crossover Ventures and Warburg Pincus.

161 Views

Avalara acquires VC-backed VATLive.com

Avalara has bought Bainbridge Island, Washington-based VATLive.com, an online tax news resource. No financial terms were disclosed. VATLive.com’s backers included Sageview Capital, Battery Ventures, Warburg Pincus and Arthur Ventures.

123 Views

Liaison International acquires Spectrum Edu Solutions

Liaison International has bought Spectrum Edu Solutions, a provider of CRM and marketing solutions for higher education institutions. No financial terms were disclosed. Spectrum Edu’s backers included Polaris Partners and Warburg Pincus.

187 Views

Warburg Pincus names MD in Brazil office

Warburg Pincus has hired Piero Minardi as a managing director in the firm’s São Paulo office. Previously, Minardi served as a partner at Brazilian investment firm Gávea Investimentos.

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