Latest Private equity Stories
weMultiply, a New York-based angel investment and business acceleration group, has partnered with the Life Sciences Angel Network (LSAN) to support LSAN’s Third Annual MedTech Conference, and provide ongoing strategic and operational backing. (PRWEB) June 18, 2013 weMultiply, a New York-based angel investment and business acceleration group, has partnered with the Life Sciences Angel Network (LSAN) to support LSAN’s Third Annual MedTech Conference, and provide ongoing strategic and...
CTIA - The Wireless Association® Executive Vice President Will Assume NVCA Leadership in September 2013 Washington, D.C. (PRWEB) June 18, 2013 The National Venture Capital Association (NVCA) today announced that Bobby Franklin has been elected by the Board of Directors to become the next President and CEO of the Association commencing in September 2013. Mr. Franklin comes to the NVCA from CTIA – The Wireless Association® where he has served as Executive Vice President since...
ASHEVILLE, N.C., June 18, 2013 /PRNewswire/ -- Ken Glass, chairman and founder of the TECT family of businesses and Stony Point Group, announced today the launch of a new investment and management company, Cold Mountain Capital, LLC. The company will be headquartered in Asheville, N.C., and led by aerospace and private equity veteran David Nolletti. (Photo: http://photos.prnewswire.com/prnh/20130618/CG34180) "The formal launch of Cold Mountain Capital marks the beginning of a...
WASHINGTON, June 18, 2013 /PRNewswire-USNewswire/ -- Startup Act 3.0 offers straightforward solutions to problems facing small startup companies, according to CompTIA, the non-profit association for the information technology (IT) industry. It encourages capital investment in startups; incentivizes startups to invest in research and experimentation; and removes barriers currently limiting access to the most talented workforce. (Logo:...
MEXICO CITY, June 18, 2013 /PRNewswire/ -- Maxcom Telecomunicaciones, S.A.B. de C.V. (NYSE: MXT, BMV: MAXCOM.CPO) ("Maxcom", or the "Company") announced yesterday that it intends to utilize a 30-day grace period with respect to today's scheduled interest payment of approximately US$11 million on its 11% Senior Notes due 2014 (the "Senior Notes") to allow the Company to continue discussions with a new investor and certain of the noteholders to recapitalize and reorganize the Company's...
BOSTON, June 18, 2013 /PRNewswire/ -- Morgenthaler Private Equity ("MPE") announced today the recent recapitalization of United Pipe & Steel Corp. ("UP&S" or "the Company"), a leading independent master distributor of steel, copper and plastic pipe as well as conduit used in water/wastewater, irrigation, plumbing, electrical and infrastructure construction applications. UP&S Founder and Owner, David Cohen, will retain a substantial ownership interest. President and CEO...
Fund focused on early-stage technology companies in Chicago and Greater Midwest already produces first exit. Chicago, IL (PRWEB) June 17, 2013 Chicago Ventures, an investment fund focused on early-stage technology companies based in Chicago and the Greater Midwest, announced today it has raised $40M to begin the new era of the fund and that Kevin Willer has joined the fund as partner. Formerly known as the i2A Fund II, the new name of Chicago Ventures better represents the fund’s...
SAN DIEGO and AUSTIN, Texas, June 17, 2013 /PRNewswire/ -- Vista Equity Partners today announced that its affiliates, Tomahawk Acquisition, LLC ("Parent") and Tomahawk Merger Sub, Inc. ("Purchaser"), waived the "Financing Proceeds Condition" described in the Offer to Purchase in connection with the previously announced tender offer to acquire all of the outstanding shares of common stock of Websense, Inc. (NASDAQ: WBSN) (the "Company") for $24.75 per share in cash, net to the seller...
AUSTIN, Texas, June 17, 2013 /PRNewswire/ -- CLEAResult, a leading provider of energy efficiency solutions and energy management services, announced today that it has agreed to partner with General Atlantic, a global growth equity investment firm. CLEAResult designs and implements energy efficiency programs for utility companies and businesses across North America. Since its founding in 2005, CLEAResult has helped thousands of utility customers, including schools, local...
Fastlane to provide branding, PR, social media and marketing to Poliwogg, supporting its mission to provide funding for early and mid-stage healthcare & life sciences startups NEW YORK, June 17, 2013 /PRNewswire/ -- Fastlane Communications LLC, a strategic communications and engagement firm, today announced that it has been named the agency of record for Poliwogg, a New York-based company that matches accredited investors with early and mid-stage startups in the healthcare and life...
