peHUB Second Opinion 2.3
Stealthy Chapter 11: AMR and the return of the bare knuckled bankruptcy.
Superbowl: A look at Eli Manning vs. Tom Brady off the field.
Reversing Course: Now Susan G. Komen says they will fund Planned Parenthood.
Showing the Love: The Carlyle Group, which is preparing to go public, removes an...
Job of the Week: Anyone for Secondaries?
Looking for an exciting opportunity in deal analysis, structuring and execution?
Look no further than our first private equity job of the week (details below, including our estimate for salary and bonus). This feature will center on what we think is an exciting career prospect in private equity or venture capital for either junior or senior level professionals.
For this...
Poll Results: Readers Startled by How Much Facebook Revenue Comes from Zynga
This week we asked you what surprised you most about Facebook's IPO filing.
Was it the fact that Facebook claims to have connected more than 100 billion friends as Dec. 31? That Marc Zuckerberg's salary will drop to $1 in 2013? That Facebook's IPO filing caused the SEC web site to crash?
It was none...
Vinci, Carlyle-Qatar Lead Bids for TAV
French construction group Vinci and a partnership between U.S. private equity firm Carlyle Group and the Qatar Investment Authority are leading bidders for a 40% stake in Turkish airport operator TAV Havalimanlari Holding, Reuters reported Friday. TAV is valued at roughly $2 billion, Reuters wrote.
Austin Ventures Appoints Venture Partner
Texas-based Austin Ventures has appointed Andrew Busey, former vice president/general manager at Zynga, as venture partner. Busey brings extensive leadership and operational experience from his years of working with high-growth companies as an entrepreneur, leader, investor, and advisor.
PRESS RELEASE
Austin Ventures (”AV”), the most active and established early-stage venture capital firm in Texas, today announced that...
SVP Closes Fund II Above Target
Strategic Value Partners, a global investment firm with offices in Greenwich (CT), London, Frankfurt and Tokyo has reached a final close of Strategic Value Special Situations Fund II at $918 million. The Fund had an original target of $600 million. SVP focuses on distressed, event driven and turnaround investments.
PRESS RELEASE
Strategic Value Partners (SVP), a leading...
Platinum Completes Fifth Divestiture in Four Months
Platinum Equity has completed the sale of 3B to Binani Industries Limited. Headquartered in Battice, Belgium, 3B produces fiberglass composite materials and is a supplier to the automotive, wind energy and other industries. With the sale of 3B, Platinum has completed five divestitures in the last four months - Canvas Systems in January 2012, The...
THL Credit Backs Express Courier Acquisition of EagleOne
THL Credit has backed Express Courier’s acquisition of EagleOne, a provider of same-day courier services in Southern United States. THL Credit and its managed fund, THL Credit Greenway Fund LLC, provided senior subordinated debt capital as part of the acquisition. Express Courier, a portfolio company of The Riverside Company, is headquartered in Franklin, Tennessee, and...
PerkinElmer Elects Atlas Venture Partner to Board
PerkinElmer, a company focused on improving the health and safety of people and the environment, has elected Peter Barrett to the company’s board of directors. Barrett is a partner at Atlas Venture, an early stage technologies and life sciences venture capital fund.
PRESS RELEASE
PerkinElmer, a global leader focused on improving the health and safety of people...
Shopify Acquires Select Start Studios
Ottawa-based Shopify, an ecommerce platform used to create and power online stores, has acquired Select Start Studios, also based in Ottawa. The strategic acquisition will allow the company to execute its mobile growth strategy, and is its first major investment since raising $15 million in Series B funding in October 2011. Shopify has so far...
Prospect Acquires Nix Health
Prospect Medical Holdings has acquired Nix Health Care System, a company that offers San Antonio and the surrounding communities a vast array of medical services ranging from primary care and surgical services to behavioral and rehabilitation services. Prospect Medical Holdings is a healthcare services company headquartered in Los Angeles and backed by private equity firm...
Auxogyn Closes Series A at $20m
Auxogyn, a privately-held company focused on advancing women’s reproductive health, has closed the final tranche of its Series A financing, bringing total funding to $20 million. Investors in the round include Kleiner Perkins Caufield and Byers, TPG Biotech and Merck Serono Ventures.
PRESS RELEASE
Auxogyn, Inc., a privately-held company focused on advancing women’s reproductive health, today announced...
