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...
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...
OpenX Technologies Recruits Online Advertising Exec
OpenX Technologies, a global provider of digital advertising technology, has appointed senior online advertising industry executive Eric Rosenthal as general manager of the company’s enterprise business. OpenX Technologies is based in Los Angeles and is backed by investors including Accel Partners, Index Ventures, SAP Ventures, AOL Ventures, Mitsui & Co. Global Investment Presidio Ventures and...
Goldsmith in Line Up for Petroplus Plants
More potential buyers lined up for the assets of insolvent refiner Petroplus on Thursday, with private equity group Goldsmith registering interest in all five of its plants, writes Reuters. Swiss-based Petroplus is filing for insolvency after battling with high debt and poor refining margins.
Reuters - More potential buyers lined up for the assets of insolvent...
Hutchison to Buy Orange Austria from France Telecom
Hong Kong’s Hutchison 3G will buy Orange Austria from France Telecom and a private equity fund in a deal valued at 1.3 billion euros ($1.7 billion) including debt, writes Reuters. The deal by the unit of Hutchison Whampoa follows a cluster of outbound M&A transactions from Asia in early 2012 as firms with large cash...
Policard Leaves Morgan Stanley for KKR
Vincent Policard joins KKR as a director in the firm's infrastructure team. Policard, who will be based in London, will be responsible for originating and executing transactions in the European infrastructure sector. He joins from Morgan Stanley where he was part of the infrastructure fund team.
ORIX Venture Finance Invests in Kemp Technologies
ORIX Venture Finance has made an equity investment in Kemp Technologies alongside Edison Ventures and Kennet Partners. peHUB reported in January that Kemp had raised $16 million in new funding, which included $7.5 million from Edison Ventures. Kemp makes server load balancer appliances.
United Silver and Hale Capital Partners Complete $6M Financing
United Silver Corp., a mining company based in Vancouver, has finalized its agreement with New York-based private equity firm Hale Capital Partners, which has issued USC $6 million in secured convertible notes. Proceeds of the loan will be used for working capital and general corporate purposes.
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United Silver Corp. (”USC” or the “Company”) CA:USC -1.37%...
Aria Retirement Gets $4 Mln from Polaris Venture Partners
Polaris Venture Partners has invested $4 million in Aria Retirement Solutions. Aria Retirement, a provider of guaranteed retirement income services, will use the funds to expand its tech platform for independent RIAs.
SandRidge Energy to Acquire Dynamic Offshore Resources for $1.27 Billion
Publicly traded SandRidge Energy, an oil and natural gas company headquartered in Oklahoma City, Oklahoma, is planning to acquire Dynamic Offshore Resources for $1.275 billion, consisting of roughly $680 million in cash and approximately 74 million shares of SandRidge common stock valued at $8.02 per share.
PRESS RELEASE:
SandRidge Energy, Inc. (NYSE: SD) has entered into an...
