Macy’s takes minority stake in VC-backed B8ta

Macy’s has acquired a minority stake in B8ta, a technology-powered retailer. No financial terms were disclosed. B8ta’s backers include TriplePoint Capital, Khosla Ventures, Fifth Wall Ventures, Macerich and Eniac Ventures. PRESS RELEASE NEW YORK–(BUSINESS WIRE)–Macy’s (NYSE:M) today announced an evolution of its commercial partnership with technology powered retailer b8ta. As part of its strategic focus on enhancing the in-store customer experience, the company will leverage b8ta’s best-in-class software platform to scale The Market @ Macy’s, becoming strategic partners in this ‘retail-as-a-service’ model. The Market @ Macy’s is the company’s experiential retail concept launched earlier this year. Macy’s has also acquired a minority equity stake in b8ta. “Macy’s is in the experience business. We’re always looking for new formats that allow our customers to discover and connect with our products and services in-store in a way that drives engagement with our brand,” said Hal Lawton, president of Macy’s. “We’re pleased to
Continue reading "Macy’s takes minority stake in VC-backed B8ta"

Macy’s takes minority stake in VC-backed B8ta

Macy’s has acquired a minority stake in B8ta, a technology-powered retailer. No financial terms were disclosed. B8ta’s backers include TriplePoint Capital, Khosla Ventures, Fifth Wall Ventures, Macerich and Eniac Ventures. PRESS RELEASE NEW YORK–(BUSINESS WIRE)–Macy’s (NYSE:M) today announced an evolution of its commercial partnership with technology powered retailer b8ta. As part of its strategic focus on enhancing the in-store customer experience, the company will leverage b8ta’s best-in-class software platform to scale The Market @ Macy’s, becoming strategic partners in this ‘retail-as-a-service’ model. The Market @ Macy’s is the company’s experiential retail concept launched earlier this year. Macy’s has also acquired a minority equity stake in b8ta. “Macy’s is in the experience business. We’re always looking for new formats that allow our customers to discover and connect with our products and services in-store in a way that drives engagement with our brand,” said Hal Lawton, president of Macy’s. “We’re pleased to
Continue reading "Macy’s takes minority stake in VC-backed B8ta"

Macy’s takes minority stake in VC-backed B8ta

Macy’s has acquired a minority stake in B8ta, a technology-powered retailer. No financial terms were disclosed. B8ta’s backers include TriplePoint Capital, Khosla Ventures, Fifth Wall Ventures, Macerich and Eniac Ventures. PRESS RELEASE NEW YORK–(BUSINESS WIRE)–Macy’s (NYSE:M) today announced an evolution of its commercial partnership with technology powered retailer b8ta. As part of its strategic focus on enhancing the in-store customer experience, the company will leverage b8ta’s best-in-class software platform to scale The Market @ Macy’s, becoming strategic partners in this ‘retail-as-a-service’ model. The Market @ Macy’s is the company’s experiential retail concept launched earlier this year. Macy’s has also acquired a minority equity stake in b8ta. “Macy’s is in the experience business. We’re always looking for new formats that allow our customers to discover and connect with our products and services in-store in a way that drives engagement with our brand,” said Hal Lawton, president of Macy’s. “We’re pleased
Continue reading "Macy’s takes minority stake in VC-backed B8ta"

Macy’s takes minority stake in VC-backed B8ta

Macy’s has acquired a minority stake in B8ta, a technology-powered retailer. No financial terms were disclosed. B8ta’s backers include TriplePoint Capital, Khosla Ventures, Fifth Wall Ventures, Macerich and Eniac Ventures. PRESS RELEASE NEW YORK–(BUSINESS WIRE)–Macy’s (NYSE:M) today announced an evolution of its commercial partnership with technology powered retailer b8ta. As part of its strategic focus on enhancing the in-store customer experience, the company will leverage b8ta’s best-in-class software platform to scale The Market @ Macy’s, becoming strategic partners in this ‘retail-as-a-service’ model. The Market @ Macy’s is the company’s experiential retail concept launched earlier this year. Macy’s has also acquired a minority equity stake in b8ta. “Macy’s is in the experience business. We’re always looking for new formats that allow our customers to discover and connect with our products and services in-store in a way that drives engagement with our brand,” said Hal Lawton, president of Macy’s. “We’re pleased to
Continue reading "Macy’s takes minority stake in VC-backed B8ta"

Macy’s takes minority stake in VC-backed B8ta

Macy’s has acquired a minority stake in B8ta, a technology-powered retailer. No financial terms were disclosed. B8ta’s backers include TriplePoint Capital, Khosla Ventures, Fifth Wall Ventures, Macerich and Eniac Ventures. PRESS RELEASE NEW YORK–(BUSINESS WIRE)–Macy’s (NYSE:M) today announced an evolution of its commercial partnership with technology powered retailer b8ta. As part of its strategic focus on enhancing the in-store customer experience, the company will leverage b8ta’s best-in-class software platform to scale The Market @ Macy’s, becoming strategic partners in this ‘retail-as-a-service’ model. The Market @ Macy’s is the company’s experiential retail concept launched earlier this year. Macy’s has also acquired a minority equity stake in b8ta. “Macy’s is in the experience business. We’re always looking for new formats that allow our customers to discover and connect with our products and services in-store in a way that drives engagement with our brand,” said Hal Lawton, president of Macy’s. “We’re pleased to
Continue reading "Macy’s takes minority stake in VC-backed B8ta"

Macy’s takes minority stake in VC-backed B8ta

Macy’s has acquired a minority stake in B8ta, a technology-powered retailer. No financial terms were disclosed. B8ta’s backers include TriplePoint Capital, Khosla Ventures, Fifth Wall Ventures, Macerich and Eniac Ventures. PRESS RELEASE NEW YORK–(BUSINESS WIRE)–Macy’s (NYSE:M) today announced an evolution of its commercial partnership with technology powered retailer b8ta. As part of its strategic focus on enhancing the in-store customer experience, the company will leverage b8ta’s best-in-class software platform to scale The Market @ Macy’s, becoming strategic partners in this ‘retail-as-a-service’ model. The Market @ Macy’s is the company’s experiential retail concept launched earlier this year. Macy’s has also acquired a minority equity stake in b8ta. “Macy’s is in the experience business. We’re always looking for new formats that allow our customers to discover and connect with our products and services in-store in a way that drives engagement with our brand,” said Hal Lawton, president of Macy’s. “We’re pleased to
Continue reading "Macy’s takes minority stake in VC-backed B8ta"

Macy’s takes minority stake in VC-backed B8ta

Macy’s has acquired a minority stake in B8ta, a technology-powered retailer. No financial terms were disclosed. B8ta’s backers include TriplePoint Capital, Khosla Ventures, Fifth Wall Ventures, Macerich and Eniac Ventures. PRESS RELEASE NEW YORK–(BUSINESS WIRE)–Macy’s (NYSE:M) today announced an evolution of its commercial partnership with technology powered retailer b8ta. As part of its strategic focus on enhancing the in-store customer experience, the company will leverage b8ta’s best-in-class software platform to scale The Market @ Macy’s, becoming strategic partners in this ‘retail-as-a-service’ model. The Market @ Macy’s is the company’s experiential retail concept launched earlier this year. Macy’s has also acquired a minority equity stake in b8ta. “Macy’s is in the experience business. We’re always looking for new formats that allow our customers to discover and connect with our products and services in-store in a way that drives engagement with our brand,” said Hal Lawton, president of Macy’s. “We’re pleased to
Continue reading "Macy’s takes minority stake in VC-backed B8ta"

Macy’s takes minority stake in VC-backed B8ta

Macy’s has acquired a minority stake in B8ta, a technology-powered retailer. No financial terms were disclosed. B8ta’s backers include TriplePoint Capital, Khosla Ventures, Fifth Wall Ventures, Macerich and Eniac Ventures. PRESS RELEASE NEW YORK–(BUSINESS WIRE)–Macy’s (NYSE:M) today announced an evolution of its commercial partnership with technology powered retailer b8ta. As part of its strategic focus on enhancing the in-store customer experience, the company will leverage b8ta’s best-in-class software platform to scale The Market @ Macy’s, becoming strategic partners in this ‘retail-as-a-service’ model. The Market @ Macy’s is the company’s experiential retail concept launched earlier this year. Macy’s has also acquired a minority equity stake in b8ta. “Macy’s is in the experience business. We’re always looking for new formats that allow our customers to discover and connect with our products and services in-store in a way that drives engagement with our brand,” said Hal Lawton, president of Macy’s. “We’re pleased to
Continue reading "Macy’s takes minority stake in VC-backed B8ta"

Macy’s takes minority stake in VC-backed B8ta

Macy’s has acquired a minority stake in B8ta, a technology-powered retailer. No financial terms were disclosed. B8ta’s backers include TriplePoint Capital, Khosla Ventures, Fifth Wall Ventures, Macerich and Eniac Ventures. PRESS RELEASE NEW YORK–(BUSINESS WIRE)–Macy’s (NYSE:M) today announced an evolution of its commercial partnership with technology powered retailer b8ta. As part of its strategic focus on enhancing the in-store customer experience, the company will leverage b8ta’s best-in-class software platform to scale The Market @ Macy’s, becoming strategic partners in this ‘retail-as-a-service’ model. The Market @ Macy’s is the company’s experiential retail concept launched earlier this year. Macy’s has also acquired a minority equity stake in b8ta. “Macy’s is in the experience business. We’re always looking for new formats that allow our customers to discover and connect with our products and services in-store in a way that drives engagement with our brand,” said Hal Lawton, president of Macy’s. “We’re pleased to
Continue reading "Macy’s takes minority stake in VC-backed B8ta"

VC-backed Duo Security taps Welch as president and COO

Ann Arbor, Michigan-based Duo Security, a cybersecurity company, has named William Welch as president and chief operating officer. Welch’s work background includes senior leadership roles at Zscaler, HP, Symantec and Oracle. Duo Security is backed by Meritech Capital Partners, Lead Edge Capital, Geodesic Capital, Index Ventures, Redpoint Ventures and True Ventures. PRESS RELEASE Ann Arbor, Mich. – June 11, 2018 – Duo Security, one of the fastest growing cybersecurity companies in the world and leading provider of zero-trust security with Duo Beyond, today announced the expansion of its leadership team with the appointment of William Welch as President and Chief Operating Officer (COO). Welch brings more than 25 years of experience to Duo after holding successful senior leadership positions with technology giants such as Zscaler, HP, Symantec, and Oracle. “Bill is a world-class leader with a proven track record of not only accelerating growth, but more impressively, continuing to
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Incopro snags $21 mln

London-based Incopro, an online IP and brand protection company, has secured $21 million in funding. The investor was Highland Europe. Houlihan Loukey was financial adviser to Incopro on the deal. In addition to the funding. Sam Brooks and Gajan Rajanathan from Highland Europe will join Incopro’s board of directors. PRESS RELEASE London, 18th May 2018 – INCOPRO, the pioneer in online brand and intellectual property protection, announces today that it has raised $21m from leading growth equity investor Highland Europe. Sam Brooks and Gajan Rajanathan from Highland Europe are joining the INCOPRO board. The company will use the investment to accelerate the development of its Talisman online brand protection technology to help businesses safeguard their brands from counterfeit and piracy threats online. INCOPRO will also expand its existing operations in China, as well as strengthen its presence in the United States and Europe to provide truly global threat coverage
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VC-backed SRS Acquiom taps LeClair as COO

SRS Acquiom, a provider of post-closing M&A services, has named Lon LeClair as chief operating officer. LeClair’s work background includes stints at Wilmington Trust and Wells Fargo. SRS Acquiom’s backers include First Round and Foundry Group  PRESS RELEASE SRS Acquiom has appointed Lon LeClair as President and Chief Operating Officer (COO). Based in the company’s Denver headquarters, LeClair will manage the company’s operations and help direct its strategic vision and growth. LeClair is a seasoned industry executive with decades of experience in corporate trust helping clients navigate complex M&A transactions, corporate and public debt issuances, syndicated loans, administration restructurings, escrows and specialized trusts. Prior roles include serving as Senior Vice President in Wilmington Trust’s Global Capital Markets Division, and Senior Vice President and Manager of the Corporate Products Group of Wells Fargo’s Corporate Trust Services Division. LeClair holds a bachelor’s degree from St. Olaf College in Northfield, Minnesota and
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HGGC adds six new executives

HGGC said April 25 that six executives, including Dan Stanko, Chad Clawson, Bennett Nussbaum and Scott St. Clair, have joined the firm. HGGC also said Bill Conrad was promoted to principal, while Matt Roesch was named a vice president. PRESS RELEASE PALO ALTO, Calif. – April 25, 2018 – HGGC today announced six new team additions and two promotions following the most active period in its history that included seven platform investments, 16 add-on transactions and five liquidity events. The leading middle-market private equity firm augmented its sourcing and execution capabilities across the firm with these additions, including Dan Stanko, who joins as an investment team Principal, and Chad Clawson and Bennett Nussbaum, two new Executive Directors with deep operating experience. “We’re pleased to announce these and other additions to our firm alongside some well-deserved promotions for Bill Conrad and Matt Roesch,” said Rich Lawson, HGGC Chief
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UK social media fundraising platform Lightful attracts Series A funding

UK-based Lightful, a social media fundraising platform, has secured 4 million pounds in Series A funding. Its investors include Pink Floyd drummer Nick Mason and IndyCar champion Dario Franchitti. PRESS RELEASE London, 4th February 2018 — Lightful, a social media and campaign management platform for charities and social enterprises, has raised an unprecedented £4m in its Series A funding round. The start-up, which counts Pink Floyd drummer Nick Mason and IndyCar champion Dario Franchitti among its high-profile backers, has already attracted more than 1,800 sign-ups from charities, individuals, and ‘beyond profit’ organisations – those placing purpose alongside profits – all of whom are looking to use social media for social good. Lightful’s milestone funding represents the largest sum for an early-stage start-up in the social impact space – proof of growing interest in impact investing, as also demonstrated by the late-stage £95m acquisition of JustGiving by Blackbaud, Inc. Lightful’s
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Capstone Partners acquires Headwaters

Capstone Partners has acquired Denver-based Headwaters MB, an investment banking firm, to form Capstone Headwaters LLC, a provider of corporate finance solutions for middle market business owners, private equity firms, acquirers and creditors. No financial terms were disclosed. PRESS RELEASE January 8, 2018 – Boston & Denver – Capstone Partners LLC and Headwaters MB, LLC are pleased to announce that they have completed a strategic transaction whereby Capstone has acquired Headwaters to form Capstone Headwaters LLC. This combination unites two leading middle market investment banking firms into a single platform with 150 professionals, covering 16 dedicated industry groups, spanning 20 offices across the US, UK and Brazil. The transaction creates one of the largest independent investment banks in the United States with comprehensive vertical and product coverage for entrepreneurs, family-owned businesses, private equity sponsors and creditors. The transaction represents the culmination of a long-term collaboration between Capstone and Headwaters,
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MidOcean acquires BH Cosmetics

MidOcean Partners has acquired Los Angeles-based BH Cosmetics, a cosmetics brand for the Millennial/Generation Z consumers. No financial terms were disclosed. The Sage Group provided financial advice to BH while Sheppard Mullin Richter & Hampton LLP was legal adviser. And, Kirkland & Ellis provided legal advice to MidOcean. PRESS RELEASE NEW YORK, January 4, 2018 – MidOcean Partners (“MidOcean”), a premier middle market private equity firm focused on consumer and business services, announced today that it has acquired BH Cosmetics (“BH” or the “Company”), a leading digitally native color cosmetics brand. MidOcean’s investment will be used to drive BH’s continued growth and expansion. BH’s founders will retain a significant ownership stake in the Company. Financial terms of the transaction were not disclosed. Launched in 2009, BH is a leading, direct-to-consumer color cosmetics brand focused on the Millennial/Generation Z consumer. BH offers a full suite of high-quality color cosmetics including
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