Arable adds a VP to team


This post is by Iris Dorbian from PE Hub Blog: Human Resources


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Arable Capital Partners has named Matt Reus as a vice president in its Bellevue, Washington office. Previously, he worked at Cascadia Capital.

PRESS RELEASE

BELLEVUE, July 9, 2019 – Arable Capital Partners (“Arable”) welcomes Matt Reus to the Arable team as a Vice President in the Bellevue, WA office. Matt is responsible for transactional work and due diligence on acquisitions, financial analysis, portfolio management and assisting in overall investment strategy.

“Matt’s background in investments and transaction work, specifically in the Food and Agribusiness sector, allows for a seamless transition into the Arable team where he can immediately add value,” said Greg Richards, Managing Director in the Bellevue Office at Arable.

Prior to Arable, Matt has twelve years of direct investment, investment banking and fixed income experience. He was with Cascadia Capital, a Pacific Northwest based investment bank, where he executed mergers & acquisitions, capital raising and direct investment transactions in

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Tikehau IM recruits Spinner as COO


This post is by Iris Dorbian from PE Hub Blog: Human Resources


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Tikehau Capital has named Guillaume Spinner as chief operating officer of Tikehau Investment Management. Spinner’s work background includes serving as head of fund management at Aviva Investors Real Estate France.

PRESS RELEASE

PARIS–(BUSINESS WIRE)–Regulatory News:
Tikehau Capital (Paris:TKO), the alternative asset management and investment group, announces the appointment of Guillaume Spinner as Chief Operating Officer of Tikehau Investment Management, its primary asset management subsidiary.

Reporting to Thomas Friedberger and Henri Marcoux, CEOs of Tikehau IM, Guillaume will be responsible for fund operations and client services activities, working closely with all business units to ensure further coordination, and to enable the asset manager to support Tikehau Capital’s continued growth, both across France and internationally.
Guillaume’s priority will be to oversee the automation of Tikehau Investment Management to support the Group’s strong growth trajectory. Guillaume will also contribute to fund structuring efforts to tackle new fund raising opportunities.

Guillaume Spinner, 45, was

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Summit Partners sells Healthline to Red Ventures


This post is by Iris Dorbian from PE Hub Blog: PE-Backed Mergers and Acquisitions


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Red Ventures has acquired Healthline Media from Summit Partners. No financial terms were disclosed. Healthline is a publisher of consumer health and wellness information sites. J.P. Morgan Securities LLC advised Red Ventures while K&L Gates provided legal advice.

PRESS RELEASE

CHARLOTTE, NC – Red Ventures, a portfolio of digital companies headquartered in Charlotte, NC, has acquired Healthline Media (“Healthline”), a publisher of two of the four largest consumer health and wellness information sites in the world, from Summit Partners for an undisclosed amount. Through authoritative health and wellness content, Healthline reaches over 150 million visitors a month globally, more than any other online health publisher.

“The healthcare sector is facing rapid disruption, and Healthline is one of the most trusted and fastest growing sources of information for consumers in their personal healthcare journey,” said Red Ventures CEO, Ric Elias. “We see a tremendous opportunity to combine our digital marketing

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Cradle Genomics attracts $17.1 mln


This post is by Iris Dorbian from PE Hub Blog: Venture Capital Deals


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San Diego-based Cradle Genomics, a provider of a prenatal testing methodology, has secured $17.1 million in funding. Illumina Ventures and Section 32 led the round with participation from Alexandria Real Estate Equities, Sea Lane Ventures, Listwin Ventures and Axon Ventures.

Source: Press Release

Contract management startup Icertis amasses $115 mln Series E


This post is by Iris Dorbian from PE Hub Blog: Venture Capital Deals


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Bellevue, Washington-based Icertis, a contract management startup, has raised $115 million in Series E funding. Greycroft and Premji Invest led the round with participation from return backers including B Capital Group, Cross Creek, Eight Roads, Ignition Partners, Meritech Capital Partners and PSP Growth.

Source: Press Release

Oaktree provides $200 mln to WHP Global


This post is by Iris Dorbian from PE Hub Blog: Buyout Deals


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WHP Global, a newly launched brand management platform, has secured $200 million in funding. The investor was Oaktree Capital Management LP.

PRESS RELEASE

New York, NY (July 17, 2019) – WHP Global (“WHP” or the “Company”) announced its launch today as a new brand management platform led by Chairman & CEO Yehuda Shmidman and backed by a $200 million equity commitment from funds managed by Oaktree Capital Management, L.P. (“Oaktree”).

WHP was founded to acquire and manage multiple global consumer brands, leveraging a shared platform to unlock competitive advantages at scale and fuel growth for each distinctive brand in its portfolio. The Company plans to deploy up to $1 billion in capital over the next five years.

The Company also today announced its first acquisition with the purchase of global fashion brand Anne Klein from Premier Brands Group. An iconic legacy women’s fashion brand founded in 1968, Anne

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OpenGate Capital buys Duraco


This post is by Iris Dorbian from PE Hub Blog: Buyout Deals


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OpenGate Capital Management has acquired Forest Park, Illinois-based Essentra Specialty Tapes, a B2B manufacturer of specialty tapes. No financial terms were disclosed. Essentra Specialty Tapes will operate under the name Duraco Specialty Tapes LLC.

PRESS RELEASE

FOREST PARK, ILL. (PRWEB) JULY 16, 2019
Essentra Specialty Tapes, formerly a wholly owned subsidiary of Essentra PLC, has been acquired by certain private equity funds managed by OpenGate Capital Management, LLC. Essentra Specialty Tapes will operate under the name Duraco Specialty Tapes LLC (“Duraco”).

Duraco already has a strong brand equity established within the market for over 70 years. This partnership will allow Duraco to unlock its’ full potential, continue to support a robust growth strategy, and provide further access to achieve the core values of the company.

The acquisition of Duraco by OpenGate Capital will enable the business to reach and serve new markets, enhance internal technologies and platforms while enhancing

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DUST Identity locks in $10 mln Series A in Kleiner Perkins-led round


This post is by Iris Dorbian from PE Hub Blog: Venture Capital Deals


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DUST Identity, a creator of a diamond unclonable security tag for supply chain security and end-to-end tracking, has secured $10 million in Series A funding. Kleiner Perkins led the round with participation from other investors that included Airbus Ventures, Lockheed Martin Ventures. New Science Ventures, Angular Ventures and Castle Island Ventures.

Source: Press Release