Spain’s Biggest Frozen Food Retailer Secures €30M in Investment from Private Equity Firm

November 6, 2014

La Sirena, Spain’s biggest frozen food retailer, has been acquired by a British private equity house OpCapita’s consumer opportunities fund for the amount of €30 million. La Sirena – the Spanish word for mermaid – operates 237 stores in Spain, mostly small format stores in city centres and commercial districts. OpCapita will own 100 per […]

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Three Arizona Health IT Firms Score $6.92M in Venture Capital Funding during Q3

November 5, 2014

During the Third-Quarter three Arizona health IT firms raised the amount of $6.92 million in venture capital funding, putting Arizona near the bottom of the list of VC funding nationwide. According to a VC funding report by Mercom Capital Group LLC, an Austin-based global communications and consulting firm, the health-care IT sector attracted $956 million […]

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Versant Ventures Secures Over $25M in Investment from Bayer HealthCare

November 4, 2014

Versant Ventures, a leading healthcare venture capital firm that specializes in early-stage investments, has secured more than $25 million in investment from Bayer HealthCare in its newly formed “Versant Venture Capital V.” Versant’s fund management team maintains full decision making rights as to investments in portfolio companies. “Versant Ventures has an excellent track record promoting […]

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Marc Andreessen becomes Silicon Valley’s Most Prominent Investor

November 3, 2014

According to source, Marc Andreessen, a co-founder of Andreessen Horowitz, a venture capital firm founded in July 2009, has become one of the most prominent investors in Silicon Valley. His venture-capital firm, Andreessen Horowitz, was among the early investors in Twitter Inc. and Facebook Inc., bet on Skype ahead of its acquisition by Microsoft Corp. […]

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TPG Holds Majority Stake in Brad Pitt’s Management Agency

October 31, 2014

TPG, a leading global private investment firm with $66 billion of capital under management founded in 1992, holds a majority stake in Brad Pitt’s management agency. In a reported $225 million transaction, TPG owns 53 percent of Creative Artists Agency, a sports and talent company based in Los Angeles. Its star-studded clientele includes actors such […]

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Blackstone Group’s Third-Quarter Profit Jumps 46%

October 17, 2014

An American multinational private equity The Blackstone Group L.P. announced that its profits rose 46 percent during the third-quarter, as the private equity firm reaped gains selling share of companies it owns. The New York company on Thursday reported third-quarter profit of $251 million, or 41 cents a share, up from $171 million, or 29 […]

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Brainly Scores $9M in Series A and Eyes U.S. Expansion

October 16, 2014

General Catalyst Partners, a venture capital firm that makes early-stage and growth equity investments, has led a $9 million in series A round for Brainly, the world’s largest social learning network designed to allow students to help each other with schoolwork. Previous and new investors, including Point Nine Capital, Learn Capital, and Runa Capital, also […]

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Internet of Things Technologies Attract $1.6B in Venture Capital Investment in 2014

October 15, 2014

Following to networking solutions giant Cisco report, in 2014, Internet of Things (IoT) technologies attracted more than $1.6 billion in investments from venture capital firms as more devices get connected to the Internet and increase efficiency as well as quality of people’s lives. The US-based firm said as many as 13.69 billion devices have been […]

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Pixelworks Brings Australia’s Small Chip Company to Oregon

October 14, 2014

Pixelworks investors teamed up with Allen Alley to being a small chip company from Australia to Oregon, hoping its technology will find a place in the surging demand for highly efficient LED lighting. Founded in Australia six years ago, Indice Semiconductor developed power-management controls the company says can improve the efficiency in LED light bulbs […]

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Quilter Cheviot to be Acquired by South Africa’s Old Mutual

October 13, 2014

Quilter Cheviot, one of Britain’s biggest independent wealth managers, is in advanced talks to be acquired by South African financial services group Old Mutual PLC in a deal worth at £650 million. Citing sources, the report on Thursday said that offer is about 50 million pounds more than London-listed Old Mutual offered for Quilter when […]

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