Illinois, US-based specialist packaging supplier Arpac added New York-based conventional palletiser manufacturer Lambert Material Handling for an undisclosed amount to increase its portfolio of packaging solutions.
Deals
Chinese outbound visa service ByeCity receives $20M capital boost from Alibaba
Beijing, China-based outbound visa service ByeCity received $20 million in its Series B funding from Alibaba Group Holding Ltd and Chinese private equity firm CBC Capital.
UK startup Allthings lands £400K in funding to organize business tasks
Dundee, UK-based software startup Allthings landed £400,000 in funding from the Scottish Investment Bank and other local investors to support its growth strategy and the improvement of its task-listing and collaboration tool.
Waters Corp invests €400K in Irish premature birth testing center
Milford, US-based analytical lab instrument manufacturer Waters Corp invested €400,000 in Cork, Ireland-based INFANT centre in the University College Cork (UCC) where a test for premature birth is being developed.
Private equity firm Carlyle Group and other investors to purchase majority stake in metals trader
Private equity firm Carlyle Group and other investors will be purchasing a majority stake in Traxys Group, a physical metals and minerals commodity, logistics and trading company, Reuters reported.
Latest News
Car dealer Manheim bought Lanarkshire, Scotland-based vehicle reseller Shotts Motor Auctions for an undisclosed sum in a bid to expand and beef up its product offering.
Hellman & Friedman purchased Renaissance Learning, a learning analytics firm, in a cash deal worth $1.1 billion less than a month after it closed a $40 million round led by Google Capital, TechCrunch reported.
SiNode, a company that is working on prolonging the energy storage capacity of batteries and improving their charging rate, has secured seed funding from Energy Foundry, TechCrunch reported.
Marseille, France-based last minute hotel booking mobile app VeryLastRoom bagged $2.1 million in a venture round led by APlusFinance and Extend & Sigma Gestion to fuel its expansion in Europe.
San Francisco, US-based event ticketing startup Eventbrite scored $50 million in a funding round from Tiger Global Management and T. Rowe Price to fuel its international expansion plans ahead of a potential initial public offering (IPO) in 2014.
Redwood City, US-based social media startup Banjo landed $16 million in a Series B funding led by Balderton Capital to fund its growth, international expansion, and product development.
MuleSoft obtained $50 million for its most recent financing round led by NEA, Lightspeed Venture Partners and Meritech Capital Partners, a statement about the funding said.
Search giant Google is reportedly venturing into the set top business with its recent acquisition of Santa Clara, US-based mobile game and hardware developer Green Throttle Games for an undisclosed amount.
Austin, Texas-based legal reserve life insurance firm Citizens Inc, through its subsidiary, added Ridgeland, Mississippi-based firm Magnolia Guaranty Life Insurance Co in a deal valued at $5.23 million.
