Latest News
Intervale Capital (Intervale), an energy-focused private equity firm, has made a growth equity investment in Dynacorp Energy Services (Dynacorp).
Dynacorp provides innovative sand management solutions, well testing and production processing equipment to operators and service providers in the oil and gas industry.
Justin Morin, Dynacorp's co-founder and Chief Executive Officer, sought the investment as part of a broad recapitalisation of the company. Morin has served in numerous roles and leadership positions throughout the company since joining in 2002.
"Operators face growing sand management challenges, which are made more acute in today's tough industry environment,” says Morin. “Dynacorp offers innovative
Attendees at this year’s Guernsey Funds Forum will have the opportunity to learn more about the proposed introduction of Guernsey’s new Manager Led Product (MLP).
The MLP aims to ensure a proportionate risk-based level of product regulation for any Alternative Investment Fund Manager (AIFM) that establishes itself in Guernsey and seeks to market into Europe under the National Private Placement Regime (NPPR) arrangements. The introduction of the MLP would place the regulations on the AIFM only. Representatives from the Guernsey Financial Services Commission (GFSC) will be in attendance at the Funds Forum to discuss the proposed regime in greater detail
The latest New Zealand Private Equity and Venture Capital Monitor highlights an increase of investment in 2015 for both private equity and venture capital markets. Mid-market investment increased to NZD284.1 million from NZD243.5 million in 2014.
The average deal value at NZD16.7 million was greater than the average of NZD12.8 million in 2014. The increase in investment activity was coupled with continued strength in divestment as the portfolio companies of domestic funds sought investors for future growth.
Brad Wheeler, partner EY, says: ‘Venture and early stage funds invested NZD62.5 million across 69 transactions, continuing momentum from the last three years.
City Capital Ventures, a private investment partnership headquartered in Chicago, Illinois, has acquired a majority stake in Diedrich Roasters (Diedrich) of Ponderay, Idaho.
The Company will continue to operate independently under the leadership of current CEO Michael Paquin and his team. Financial terms of the transaction have not been disclosed.
Founded in 1980 by Stephan Diedrich, a pioneer of the specialty coffee industry, Diedrich manufactures batch coffee roasting equipment.
“I am very proud of the role Diedrich has played in the development of the specialty coffee industry into what we know it as today,” says Stephan Diedrich. “There is truly
B Riley Financial, a provider of financial and business advisory services, has signed a definitive agreement and plan of merger to acquire United Online, a provider of consumer services and products over the Internet, for USD11.00 per share, or approximately USD170 million.
The consideration represents approximately USD48 million in cash consideration from B Riley Financial after taking into account the projected United Online cash balance at closing.
United Online's Communications segment features the Internet access brands, NetZero and Juno, which offer a range of high-quality, low-priced dial-up and DSL Internet access services. In 2015, United Online's Communications segment generated approximately
Australian investment manager, QIC has signed an agreement to acquire an 80 per cent interest in the North Australian Pastoral Company (NAP), one of Australia’s oldest and largest agricultural enterprises.
NAP covers 5.8 million hectares across Queensland and the Northern Territory and approximately 178,000 head of cattle.
At the conclusion of the transaction, NAP’s largest shareholder, the Foster family will retain an interest in NAP of approximately 20 per cent. Funds advised by QIC including Australian superannuation capital and the UK-based Pension Protection Fund (PPF) will hold approximately 80 per cent having acquired the remainder of the Foster family’s
Via, an on-demand transit company, is raising USD100 million in Series C funding, having closed USD70 million, with USD30 million in strategic investment to close in the coming weeks.
The funding was led by Pitango Growth, who were joined by leading venture capital firms, family offices, and strategic investors from North America, Europe, and Asia, including Poalim Capital Markets and C4 Ventures. Previous investors Ervington Investments (representing Roman Abramovich), Hearst Ventures, and 83North (formerly Greylock IL) also participated. The funds bring Via’s total investment to USD137 million.
“Via is creating the public transit system of the future,” says Daniel Ramot
NVM Private Equity (NVM) has led the recent fundraising round for Manchester based software company MPD Group. NVM has invested GBP2.5 million which will enable the business to continue to develop and deploy their new, disruptive Electio SaaS product.
Electio is a delivery management platform enabling retailers to rapidly increase the number of delivery options they offer to their customers.
MPD Group was founded by Manchester entrepreneur David Grimes in 2010. Initially David and his ambitious team operated delivery comparison site MyParcelDelivery.com, subsequently developing Electio, a SaaS based technology platform which allows e-commerce businesses to offer greater delivery choices to
Venky Ganesan, Managing Director of Menlo Ventures, will serve as the 2016-2017 Chair of the National Venture Capital Association (NVCA) Board of Directors. Ganesan’s appointment was made official at the Second Annual NVCA Leadership Gala & Summit in San Francisco, this week.
Ganesan becomes Chair of the NVCA Board of Directors at a key time for the entrepreneurial ecosystem. With the 2016 presidential elections to produce a new president with a new policy agenda that could impact NVCA’s key policy priorities, Ganesan remarked on the important role NVCA plays in advocating for policies to strengthen venture and the broader ecosystem.
Silicon wafer manufacturer 1366 Technologies (1366) has received a USD10 million investment from Korean private equity/venture capital firm Hanwha Investment Corporation.
The funds will be used toward the construction of 1366’s first large-scale commercial factory, scheduled to be online in 2017.
“Our Direct Wafer technology represents one of the most significant manufacturing innovations in solar, with the potential to propel the industry forward and deliver dramatic cost advantages,” says Frank van Mierlo, CEO, 1366 Technologies. “We are thrilled that Hanwha Investment Corporation, with its deep expertise in and understanding of the manufacturing industry, has invested. It is a tremendous validation
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm