Launch Angels, a Boston-based investment platform focused on equity crowdfunding, closed its first venture fund called Where Angels Fund with nearly $1 million. Associates from Where Inc were the investors in the fund.
Deals
US firm GE's health care unit to purchase Thermo Fisher businesses for $1.06B
The healthcare unit of Connecticut-based conglomerate General Electric Co (GE) agreed to acquire several life-science assets from Pennsylvania-based laboratory firm Thermo Fisher Scientific Inc in a deal that totals $1.06 billion.
Apollo-backed EP Energy to raise $1.08B in New York IPO
Oil and gas company EP Energy Corp., controlled by private equity firm Apollo Global Management, expects to raise $1.08 billion in its initial public offering in New York. EP Energy will sell 40 million Class A common stocks priced at $23-$27 apiece.
Microsoft purchases Parature in $100M deal- sources
Sources knowledgeable about matter told TechCrunch that Microsoft has bought customer service SaaS provider Parature for $100 million in order boost the knowledge base of its CRM platform.
UK firm Arle Capital eyes sale or listing of oil business -report
London, UK-based private equity group Arle Capital Partners is planning either an exit or a listing of its British oil services company Expro this year, according to a report citing inside sources.
Latest News
Singapore-based fund New Asia Investments invested an undisclosed amount to complete a new waste water treatment facility in Vietnam through its portfolio holding, GD Wasser.
Sharp Corp President Kozo Takahashi said the Japanese company intends to sell plants and stock holdings as it extends the reforms it had started in 2013, Bloomberg reported.
Unilazer Ventures invested an undisclosed amount in Mumbai, India-based grocery e-tailer EkStop.com and has taken a 25% stake in the firm as part of the investment which will be used for the company's expansion.
Utah-based travel management firm Christopherson Business Travel bought Alabama-based travel agency All Seasons Travel for an undisclosed sum to form one of the biggest travel firms in the US.
Arseus, a Belgium-based healthcare group, said it has sold its Dentals software Julie, Arseus Dental Lab, Arseus Dental Solutions Benelux and Arseus Dental Solutions France Ouest to Henry Schein Inc for €50 million.
Hyderabad, India-based tech incubator BitChemy Ventures poured in $6 million in three startups - 3LOQ Labs, Cafyne Inc, and Altiux Innovations, according to a report.
Former President of the United States Bill Clinton is the Honorary Chancellor of a controversial private equity-backed Laureate Education Inc, a for-profit company, Bloomberg reported.
China-based firm Harbin Bank is planning to file for a $1 billion initial public offering (IPO) in Hong Kong within January, according to sources familiar with the matter.
Indonesia-based state-run builder Wijaya Karya (WiKa) completed the purchase of state-controlled asphalt manufacturer Sarana Karya in a deal that is expected to support WiKa's expansion projects.
