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Wishabi receives USD15m investment from Insight Venture Partners

Wishabi has secured a USD15m series B financing round with Insight Venture Partners.   The new capital will be used to accelerate the development and deployment of new technology and for continued rapid growth in the US market.   Retailers today spend an estimated USD18bn to print and distribute advertising flyers, also

Boticca.com secures GBP2.5m in series A financing

Boticca.com, a fashion accessories-only focused website, has closed a GBP2.5m series A financing from UK-based venture capital firm MMC Ventures and high net worth individuals in Europe, the Middle East and Asia.   The individual investors include Turkish entrepreneur Sina Afra, chief executive and chairman of Markafoni and former European

MidOcean Partners to sell Bushnell Group to ATK

MidOcean Partners, a middle market private equity firm, is to sell Bushnell Group to ATK.   Bushnell specialises in branded sports optics, outdoor accessories and performance eyewear.   MidOcean acquired Bushnell in August 2007 and has helped to transform the business as it completed nine add-on acquisitions into complementary product

Wind farm

Impax to purchase two wind power projects in Finland

Fortum and Metsähallitus are to sell the Kuolavaara-Keulakkopää and Joukhaisselkä pre-construction stage wind power projects in Lapland to Impax New Energy Investors II.     Fortum’s share of the projects is 51 per cent and Metsähallitus’s 49 per cent.    The Kuolavaara-Keulakkopää project is located in the Kittilä and Sodankylä

Newcastle acquires Dow Jones Local Media Group

Newcastle Investment Corp has acquired Dow Jones Local Media Group from News Corp for USD87m.   The company made a total equity investment of USD54m, including transaction expenses, and financed the remainder of the purchase price with USD33m of debt.   Local Media Group operates 33 local publications, including eight

Tungsten to acquire OB10 in GBP99m deal

Tungsten is to acquire OB10, a business-to-business (B2B) e-invoicing network, for GBP99m.   Tungsten has also signed a five-year rolling licence agreement with @UK PLC to deploy its analytic software technology to enable TungstenAnalytics to be delivered across Tungsten’s global e-invoicing network following the acquisition of OB10.   Tungsten intends,

Delicpol acquires Cuprod with support of Resource Partners and AXA Private Equity

Delicpol, a Polish confectionery company, has acquired Cuprod, a Polish confectionery manufacturer, with the support of its shareholders AXA Private Equity and Resource Partners.   The transaction has been completed one year after AXA Private Equity and Resource Partners acquired the business, and forms part of the growth strategy for

Banyan Capital Partners invests in MIP Inc

Private equity firm Banyan Capital Partners has acquired a majority interest in MIP Inc.   Banyan is partnering with the company’s chief executive David Arditi and executive vice president of operations Aviyam Friedman, both of whom will carry on in their existing roles with MIP. Co-founder David Schreiner will continue leading

European flags

JZCP expands European portfolio with UK and Germany investments

JZ Capital Partners (JZCP), a private equity fund that invests in high quality US and European micro cap companies, has expanded its European portfolio by making two micro cap investments in the UK and Germany.   JZCP has co-invested GBP9m to acquire 36 per cent of the Winn Group, which

Crestview Partners acquires DS Waters

Firms advised by private equity firm Crestview Partners have closed the acquisition of direct-to-consumer beverage services provider DS Waters.    The company will maintain its headquarters in Atlanta, Georgia.   Tom Harrington, president and chief executive officer of DS Waters, says: "As a result of this new partnership with Crestview,

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