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Quipper Celebrates Series A

London-based Quipper, an e-learning start-up led by Masa Watanabe, a co-founder of Japanese mobile social gaming company DeNA, has raised 2.3 million pounds ($3.6 million) in a Series A funding round. The round has been financed by three investors including Atomico, a London-based international technology venture capital firm led by Skype co-founder Niklas Zennström; Globis,...

Celtic House Venture Partners Reaches First Close

Celtic House Venture Partners has reached a first close of Celtic House Venture Partners Fund IV LP at $105 million. Investors in the fund include Ontario Venture Capital Fund, Teralys Capital, Export Development Canada and BDC Venture Capital. PRESS RELEASE Celtic House Venture Partners today announced the first close of Celtic House Venture Partners Fund...

NVM Private Equity Appoints Investment Partner

NVM Private Equity has appointed David Rolfe as investment partner for the South of England. He will be responsible for generating investment opportunities and managing NVM’s existing portfolio across the region. He joins NVM from PwC where he was director in corporate finance responsible for leading deal activity in the South East. PRESS RELEASE NVM...

Kabel Deutschland Acquires German Cable Operator Tele Columbus

Kabel Deutschland has acquired Tele Columbus for 603 million euros ($770 million) plus accrued interest. Tele Columbus, headquartered in Berlin, Germany provides basic cable services to approximately 1.7 million customers in 2.1 million homes connected. The acquisition is subject to the approval of the German Federal Cartel Office. PRESS RELEASE Today, Kabel Deutschland Holding AG...

BigHand Acquired by Bridgepoint Development Capital

BigHand, a productivity software developer, has been acquired by Bridgepoint Development Capital with management in a transaction totalling 49 million pounds ($77.5 million). Founded in 1996, the company is the largets provider of of voice productivity software to the legal, healthcare and professional services market in the UK and has a growing international client base....

peHUB First Read

Take a break this morning with First Read to find out about biotech's endangered species; the merger of US and Chinese movie makers Wanda and AMC entertainment; Alibaba's buy-back of its Yahoo stake and the top ten CEOs who have been sent to prison.

Secondhand Smoked by Secondary Markets

Facebook might turn out to be another IPO that was a disappointment for retail investors--but a smash hit for the secondary markets that absorbed its trajectory.

Facebook Debut Lifts Elevation Partners

Elevation Partners, the private equity firm that famously counts Irish rock star Bono among its co-founders, sold 5.2 million of its Facebook shares (or 13% of its stake) for $198 million as part of Facebook’s IPO on Friday.

peHUB’s Top 10 Posts

Think Facebook dominated the headlines? Not at the Hub--our readers stick to their bread & butter, fundraisings and performance data.

Slideshow: Five Things More Important than Facebook’s IPO

PE Executives point to several issues of greater concern than today's Facebook IPO. Heck, many of them aren't even on Facebook.

The Final Tally: Facebook Debut Enriches Accel, DST, Zuck; Andreessen Holds Its Shares

Perhaps what’s most interesting in the Wall Street debut is who sold and who did not. The biggest seller was Accel Partners, an early investor that unloaded 49 million shares in the offering, according to a filing with the Securities and Exchange Commission.

Facebook Pops, Then Finds Gravity—UPDATED

After fits and starts, Facebook made its debut on Nasdaq--to some immediate pop.