Summer Street Capital Partners, a private equity fund based in Buffalo, New York, has completed an equity investment in Action Environmental Services, a provider of waste management services for the business community in the City of New York. The investment will support the acquisition of select New York City assets

Royal Philips Electronics has joined Gilde Healthcare III, a new venture capital fund focusing on early and growth stage healthcare technology companies in Europe and the US. Philips is investing in Gilde Healthcare III in order to foster innovation in areas of strategic interest to its healthcare business. The fund

CreditMax, an electronic exchange for the sale and purchase of distressed consumer debt, has received a growth equity investment from PPF Finance, a subsidiary of PartnerRe, and Metropolitan Equity Partners. The investment is designed to enable the expansion of CreditMax’s NDSE Trading Platform and the launch of CreditMax’s debt lending

Si-Bone, a medical device company that is pioneering the use of a minimally invasive surgical device to treat the sacroiliac joint, has closed USD11.0m in financing for expansion of clinical and commercial operations. The financing round was led by new investor Skyline Ventures of Palo Alto, California. The primary purposes

Energy Capital has held the final close of Energy Capital Partners II, a private equity fund focused on the acquisition, development and construction of North American energy infrastructure assets. The fund will primarily invest in assets in the fossil and renewable power generation, electric transmission and midstream gas sectors. Doug

Guernsey and UK industry experts will be presenting in London during September to showcase the island’s solution for tackling the financial aspects of film making. The seminar is being held in the screening rooms at the Charlotte Street Hotel on 30 September and will feature Stephen Margolis, chief executive of

Volatility, which has been going back down for a few weeks, in connection with rising share prices and the improved IPO climate expected by market participants all point to an increase in IPOs over the next few months, according to Deutsche Börse. All in all, the environment for IPOs appears

Real estate investment and services firm Kennedy Wilson has sold and issued 32,550 shares of its convertible series B preferred stock in an equity private placement to Toronto-based Fairfax Financial Holdings. The proceeds from the offering, totaling USD32,550,000, were used to finance the company’s repurchase of its seven per cent

Marwyn Materials, an AIM-listed special purpose acquisition vehicle, has acquired Breedon Holdings (formerly Ennstone), the largest independent UK aggregates producer with 29 quarries, 19 asphalt plants, 27 ready mix concrete plants and 181 million tonnes of mineral reserves. The GBP160m reverse takeover, Marwyn’s biggest transaction to date, will result in

Cardlytics, a transaction marketing company, has raised USD18m of equity led by new investors ITC Holdings and Kinetic Ventures. All previous investors participated in the financing, including Canaan Partners, Polaris Venture Partners, and Total Technology Ventures. Concurrent with the financing, Campbell B. Lanier (pictured) of ITC Holdings and Kinetic Ventures