Finance

http://s.erious.ly

Author Archive

Audax Deals Cinelease

Cinelease, the motion-picture lighting and grip equipment rental service, has been dealt from Boston-based private equity firm Audax Group to Hertz Global Holdings. Houlihan Lokey, Inc. advised Cinelease. Kirkland & Ellis LLP represented Audax Group. Specifics on the deal were not publicized.

peHUB First Read

Leonard Green has done OK on Whole Foods Zagat’s Got a Friend: Google buys Clever Sense Deadspin’s Drew Magary is pretty freakin’ popular Will the White House smackdown the GOP’s payroll tax pitch? Steve Cohen Finds insider trading rules “vague.” Not vague: the thickness of a prison wall. A Peculiar Love Affair: The

Chilean Inder Adds Velarde

Roberto Velarde joins Santiago, Chile-based Inder, the investment group that is run by the members of the Del Rio Family. The group focuses on deals ranging in size from $30 million to $150 million. Velarde is a veteran of JP Morgan Partners.

peHUB First Read

Smarter than the Cops: Reuters tracks down key Olympus scandal figure We DO Know He’s Not a Very Nice Guy: But was DSK actually set up? Once Again: People are dying via a Craigslist introduction I Like Your Odds: Putin takes Russia presidential nomination Oh SNAP: WWD lays expose smackdown on downtown Tina...

peHUB First Read

More! Cheaper! Home sales rise as prices fall I Can Fix That Too: Buffett takes on the Euro zone Peter Thiel raps about the iPhone Was Arrington right all along? VC industry is an awfully white biz Canadian VC Drought: OMERS Ventures CEO can fix it Trading Japanese: KKR and Itochu join forces in...

peHUB First Read

Private Equity & Unions: Oil & Water. Yahoo: Let’s make a deal! As Harvey Keitel’s Pulp Fiction Character Said… Nevermind. Just know that even though Fusion-IO beat the street, it’s still not out of the woods, so to speak Are We Any Closer to closing the gender gap? It’s the Groupon investment flow chart It's...

Ubiquiti Networks Announces IPO Pricing

Ubiquiti Networks announced its IPO Friday. The shares will begin trading on the NASDAQ Global Select Market on October 14, 2011 under the ticker symbol "UBNT." UBS Securities LLC, Deutsche Bank Securities Inc. and Raymond James & Associates, Inc. are acting as joint book-running managers for the offering. Pacific Crest Securities LLC and ThinkEquity LLC...

Hulu Owners Bail on Deal Process

As sale and IPO processes continue to wither in the face of turbulent markets, the owners of Hulu, the streaming entertainment company, announced late Thursday they would not, in fact, pursue a sale of the company. News Corp., Providence Equity Partners, and the Walt Disney Co. are among Hulu’s owners. Previously, it was reported that...

NewSpring Capital Strikes Salveo Specialty Deal–UPDATED

Salveo Specialty Pharmacy, a company formed to acquire and develop specialty pharmacies in the U.S., has struck a deal with NewSpring Capital for investment capital. Specifics of the deal were not publicized. Additionally, the company acquired Echo Specialty Pharmacy Services to enhance its development in the New York marketplace. Brian Murphy, NewSpring General Partner, will...

Grass Valley Buys PubliTronic

Grass Valley, the provider of products and solutions to television broadcasts, will acquire PubliTronic, the privately-held, provider of multichannel, integrated, automated playout solutions. Grass Valley is backed by California private equity firm Francisco Partners. Specifics of the deal were not publicized.

Comvest Group Lands $580M Fund

The Comvest Group, the Florida-based private equity firm, beat its $500 million target for its fourth fund, nabbing $580 million for Comvest Investment Partners IV. The capital commitments in Comvest IV are from a diverse group of institutional investors, including U.S. state and city pension plans, insurance companies, college endowments, European government pension plans, and...

peHUB First Read

Not the Nuttiest Thing We’ve Heard Outta You This Year, Buddy: Feinberg says Europe’s gonna be OK Mr. Met won’t have to go live on the BQE! I Officially Speak for All of Us: When I say Dan Loeb should have been on this panel Moving Downstream: With apps for idiots. Not Subscribing to...