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Intelligence

BV Investment Partners to sell Vision Communications to EATEL

BV Investment Partners has signed a definitive agreement to sell Vision Communications, a Louisiana based communications and broadband services provider, to EATEL.   Vision provides a comprehensive suite of residential and commercial communications services, including digital video, high-speed Internet, local and long distance telephone, alarm monitoring, and commercial data services.

ProVen Health VCT sells its investment in Onyx Scientific

ProVen Health VCT, managed by Beringea LLP, has sold its investment in Onyx Scientific in a transaction that valued the company at GBP4.6m.   Onyx Scientific provides a wide range of chemical services to the life sciences industry. In particular, its key focus is scaling up the synthesis of new

upwards trending arrow

Market value of US VC-financed companies rose 10.1% in Q1 2011

The estimated market value of venture capital-financed companies in the US rose 10.1% in 2011’s first quarter from the end of 2010, according to the Dow Jones US Venture Capital Index. The index’s performance topped the Dow Jones US Total Stock Market Index’s total return gain of 6.4% over the

Peter Radford of Bordeaux, and John Le Prevost, Anson Principal

Anson-Bordeaux merger creates fund admin ‘powerhouse’

Two Guernsey firms are merging to create the largest independent fund administration business in the island. In the 50:50 deal, described as a merger of equals, Anson Fund Managers Limited and Bordeaux Services (Guernsey) Limited will join forces and trade under the Anson name. Peter Radford of Bordeaux, who will

Ron Kundich joins ORIX Venture Finance as principal

ORIX Venture Finance (OVF), a leading provider of growth capital for growing technology companies nationwide, has appointed Ron Kundich, a seasoned technology and life science finance executive, as a principal in its Silicon Valley office.   Kundich will serve as a senior relationship manager for the western region, working closely

Krokus PE invests in Termo Organika

Krokus Private Equity has signed an agreement to acquire 75% of the shares in Termo-Organika Sp. z o.o. Krokus PE has made this investment together with the Management of the Company in buyout from the international construction material group CRH plc. Termo-Organika is Poland’s leading producer of wide range of

Investcorp acquires US kitchenware retailer Sur La Table

Investcorp, a global provider and manager of alternative investment products, has acquired Sur La Table, a leading national kitchenware retailer with locations across the United States.  The terms of the transaction have not been disclosed. Sur La Table was acquired from the Behnke family and investment firm Freeman Spogli &

shaking hands

Matrix appoints Ledlie as Head of Product and Marketing

Matrix Asset Management has appointed Rebecca Ledlie as Head of Product and Marketing to spearhead the division’s ambitious growth strategy. Ledlie has an 18 year track record in the financial services industry and joins from Gartmore where she was Head of Product. During her eight years at Gartmore, Ledlie was responsible

four fingers

Advent Venture Partners announces 4th technology exit for 2011

NICE Systems has agreed to acquire Advent portfolio company Fizzback, a leading provider of real time customer experience management software, for approximately USD80m.
 Advent Venture Partners’ team built a strong partnership with Fizzback, having backed its founder and CEO Rob Keve in late 2006, and becoming the company’s largest shareholder.

ActivePath secures USD10m series B financing

ActivePath, developer of ActiveMail Interactive Email and Messaging solutions, has secured a USD10 million financing round led by Battery Ventures and Gimv NV, with participation from existing investors including Genesis Partners.   ActivePath will deploy the capital to accelerate product development and drive sales and marketing penetration in the Americas

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