FORWARD FEATURES CALENDAR

Investments

iPhone

Mithril leads USD19m financing in DoubleDutch

Mobile event app developer DoubleDutch has closed a USD19 million Series D funding led by Mithril Capital Management. Previous investors Bessemer Venture Partners, Index Ventures and Bullpen Capital also participated, along with Singapore-based Enspire Capital.   Ajay Royan, co-founder and managing general partner of Mithril, joins the DoubleDutch board.  

Clouds

Lighter Capital funds CellarStone

CellarStone, a provider of cloud based sales performance management solutions, is to receive funding from Seattle-based Lighter Capital. The financing will be used to expand the sales and marketing of the CellarStone solutions.   “Lighter Capital started following our company and the sales performance management market space a few years

Clayton, Dubilier & Rice to invest in CHC Group

Clayton, Dubilier & Rice (CD&R) managed funds are to invest USD500 million in CHC Group through the purchase of convertible preferred shares to be issued in a private placement. As part of the transaction, CHC also intends to pursue a USD100 million rights offering of the convertible preferred shares to

Poland

ARX Equity Partners acquires ANWIS Polska

ARX Equity Partners, together with Jacek Gromniak, has completed the management buy-in of Anwis Polska. Financial details of the transaction, made by ARX CEE III, have not been disclosed.   Anwis is a Polish producer of custom-made window coverings. The company has been operating for 35 years and has recently

Clouds

Green Visor Capital invests in Madrone

Green Visor Capital, a venture capital firm focused exclusively on early stage financial technology companies, has made an investment in Madrone. Based in San Francisco, California, Madrone has built a cloud based platform for asset management institutions to analyse and automate portfolio and business decisions.   The company was founded

CIT provides financing to Audax Group to acquire Wheel Pros

CIT Group acted as administrative agent, joint lead arranger and joint bookrunner for credit facilities supporting Audax Private Equity, a middle market private equity firm, in its acquisition of Wheel Pros. Financing was provided by CIT Bank, the US commercial bank subsidiary of CIT. Terms of the transaction were not

iPhone

Robert Bosch Venture Capital leads USD3.75m series A round for Flybits

Toronto-based Flybits has closed a USD3.75 million series A financing led by Robert Bosch Venture Capital (RBVC) and Trellis Capital Corporation with participation from MaRS Investment Accelerator Fund and Ryerson Futures. The investment will advance the company's product development and international growth in the US and Europe.   Since spinning

Money and calculator

Monroe Capital provides USD14.3m credit facility to Venture Technologies

Monroe Capital has funded a USD14.3 million credit facility to support the merger of Venture Technologies with Information Systems Consulting along with the concurrent acquisition of Strategic Allied Technologies. Based in Ridgeland, Mississippi, Venture Technologies is an IT solutions provider that delivers infrastructure solutions, collaboration solutions, and cloud based services

Clouds

PointGuard Ventures leads financing round for Lavante

Lavante, a provider of cloud-based supplier management software, has finalised a USD3.5 million round of investment led by PointGuard Ventures, located in Menlo Park, California. Prior investors SAP Ventures and ATA Ventures also participated in the financing.   “Lavante is powered by a cutting edge, cloud-based software platform that creates

OMERS Private Equity recapitalises DTI

OMERS Private Equity (OPE) has completed a recapitalisation of Document Technologies Holdings (DTI) in conjunction with DTI’s management team. Terms of the transaction have not been disclosed.   Based in Atlanta, Georgia, DTI is a provider of legal process outsourcing services in the US. The company has 29 offices nationwide

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