Shape Up The Nation, a provider of social networking-based online health and wellness services, has raised USD5m of series A funding from Cue Ball Capital and Excel Venture Management, in partnership with management members. “This new investment reaffirms the exciting opportunity for our Software as a Service health and wellness

Felicis Ventures, founded four years ago as an angel fund by Aydin Senkut, has launched its first institutional fund in the amount of USD40m.  Felicis Ventures was oversubscribed by 33 per cent with an investor syndicate that is more than 90 per cent institutional. "Felicis Ventures will continue to invest

FP-EF Holding, an affiliate of technology-focused private equity fund Francisco Partners, completed its acquisition of EF Johnson Technologies. Under the terms of the merger agreement approved by stockholders, FP-EF Holding has acquired all of the outstanding shares of EF Johnson Technologies, based on a price of USD1.50 per share in

GMT Communications Partners and Veronis Suhler Stevenson, private equity investors in the media and communications sector, have sold Pepcom to Star Capital Partners for an undisclosed sum. Pepcom is Germany’s sixth-largest cable TV operator, with more than 630,000 subscribers of video, broadband and voice services. Both GMT and VSS were

The merger and acquisition deal activity in the global transportation and logistics sector was strong in the second quarter of 2010, according to reports from PricewaterhouseCoopers. The pace of quarterly deal activity generally remained above the post-bubble lows of 2009. In Q2 2010 there were 29 announced deals, a quarterly

HarbourVest Global Private Equity had an estimated economic net asset value of USD727m or USD8.76 per share at 31 July 2010.  This represents a 2.5 per cent increase from the 30 June 2010 estimated economic NAV per share of USD8.55.   This change resulted from positive foreign currency movement, increases

Irving Place Capital, a middle-market private equity firm, has agreed to acquire Pet Supplies Plus, the third largest pet retailer in the US. Irving Place Capital will be investing in partnership with Pet Supplies Plus’ chief executive Harvey Solway, chief operating officer Dominic Buccellato and chief financial officer Richard Valade.

The substantial withdrawal of bank finance seen over the course of the last three years has created a financing vacuum in the UK corporate lending market, and constrained lending practices continue to frustrate business leaders and entrepreneurs.  The downturn, which commenced in 2007 and which has had such an impact

Lawyers from Carey Olsen’s corporate team have provided Guernsey legal advice to Raven Russia, a commercial property investment company, on its move from AIM to the London Stock Exchange’s main market. Raven Russia is an investment company specialising in commercial real estate in Russia. The company is focused on the

KPS Capital Partners’ portfolio company North American Breweries has acquired Independent Brewers United through an indirect wholly owned subsidiary. The acquisition is the fourth by North American Breweries since its formation. Financial terms of the transaction were not disclosed. Independent Brewers United is one of the largest craft brewers in