ProGreen Properties has received an additional USD400,000 from EIG Venture Capital as part of the remaining USD500,000 funding due on or before 16 July 2010, pursuant to the private placement agreement dated 22 July 2009. "These funds further increase our balance sheet and enable us to, more aggressively, pursue our

Kohlberg Sports Group has acquired Maverik Lacrosse, a designer, developer, manufacturer and marketer of lacrosse equipment, apparel and accessories. Kohlberg Sports Group, an affiliate of Kohlberg & Company, also owns Bauer Hockey, a manufacturer of ice hockey equipment. "Maverik Lacrosse has already become one of the top names in the

BookRenter, an online textbook platform company, has received USD10m in a series B financing round led by Norwest Venture Partners, with follow-on investments from Storm Ventures and Adams Capital Management. The funds will be used to support growth initiatives that will enable BookRenter to maintain its service levels and meet

Private equity firm Riverside has acquired Naka, a Japanese developer, manufacturer and distributor of high-end crystal oscillators and crystal units. Major clients include mobile equipment vendors, which use Naka’s devices in microwave backhaul equipment that provides interconnectivity among base stations.   Crystal oscillators are used in almost all electronic devices

Authentic Brands Group has completed a USD250m equity capital raise with Green Equity Investors V, an affiliate of Leonard Green & Partners, Knight’s Bridge Capital Partners, a wholly-owned subsidiary of Counsel Corporation, and Authentic Brands Group’s chairman, president and chief executive officer James Salter. The equity capital will be used

Vanguard Minerals, a strategic consulting company, has launched a venture capital and incubation division, GreenZone Ventures. The new division will have a primary goal of identifying, investing in, partnering with and supporting companies in the green energy industry. Specifically, GreenZone will target bio-fuels, green energy, and emerging technology companies in

Cronus Partners has acted as the exclusive financial adviser to CAM Commerce Solutions, a portfolio company of Great Hill Partners, in the sale of its point-of-sale software division to Robertson Piper Software Group. The former payments processing division of CAM Commerce, now operating under the name Accelerated Payment Technologies, remains

Polaris Private Equity III has held its final close at EUR365m.   The number of investors has more than doubled, with international investors now accounting for nearly 40 per cent of the fund. The investment focus remains on small and medium sized businesses based in Denmark and Sweden.    Commitments to