Jennifer Harris
Half of Wal-Mart’s $25 million commitment to the Pinnacle Minority Supplier Development Fund has been deployed in five portfolio companies.
Battery Ventures has completed a$137 million take-private of Quovadx, a software and software services firm formerly listed on NASDAQ, for $136.7 million.
Oak Investment has dropped out of a consortium of firms planning to acquire internet direct marketing services firm Vertrue, after the bidding price was raised from $800 million to $825 million.
Half of Wal-Mart’s $25 million commitment to the Pinnacle Minority Supplier Development Fund has been deployed in five portfolio companies.
3i’s US arm has bought a stake in a Bermuda-based hedge fund administrator, in the latest move in an active year for the firm.
3i’s US arm has bought a stake in a Bermuda-based hedge fund administrator, in the latest move in an active year for the firm.
3i’s US arm has bought a stake in a Bermuda-based hedge fund administrator, in the latest move in an active year for the firm.
Rye, New York-based Greenbriar Equity Group’s second fund, which will target the transportation industry, has closed on $1 billion.
HM Capital became the latest in a slew of private equity firms to invest in distributors of yellow pages directories, when it announced an agreement to acquire Phone Directories Company. The investment is the first from HM’s new Sector Performance Fund.
As GM shaves off assets to improve liquidity, Onex and The Carlyle Group have come away with US-based Allison Transmission.