Mister Spex bought Loveyewear and Lensstore in a bid to enhance its international presence. Two Swedish online eyewear shops, Loveyewear and Lensstore had been bought by Mister Spex, also an optic shop with heavy online operations.
Fund of funds
A Warburg Pincus venture in dire shape
Rural/Metro Corp. stated that it was in a position that made them miss a critical bond payment, hinting at the company's financial troubles.
Pharos Capital exits Pioneer Surgical
Pharos Capital announced that it is finalizing its exit from Pioneer Surgical as the company is acquired by RTI Biologics.
The Dominican Republic's Orange is considering selling stakes to offload debt
Orange has announced that it is considering the sale of shares to improve its capital structure. Orange, originally known as France Telecom, announced that it is now considering selling its operations in the Dominican Republic.
India's ASK Group sets up fund worth US$200 million
India's ASK Group stated it is launching a US$200 million fund that is to be invested in the country's top five cities.
Latest News
Harrison Street Real Estate Capital sealed its fourth fund after raising US$750 million from various investors.
I Squared Capital opened a US$2 billion fund which will be used to invest in energy, utilities and transportation.
Linsalata Capital Partners sold The Tranzonic Cos. to Silver Oak Services Partners. Linsalata Capital Partners, a Mayfield Heights private equity firm, sold The Tranzonic Cos.
Lexington Partners announced the closure of their new co-investment fund, Lexington Co-Investment Partners III, L.P. after obtaining at least US$1.50 billion from institutional investors.
Private equity firms, Providence Equity Partners and ChrysCapital, reported that it may exit Idea Cellular and HCL Technologies respectively in the near future.
AXA Private Equity raised its bid to EUR3.7 billion for French caterer Elior. A group of investors led by France's AXA Private Equity has increased its offer for Elior and is proposing to obtain a minority stake in the food service provider, according French daily Les Échos.
Sauce Labs reported that it had successfully raise US$5 million in funding and has started product enhancements.
Agios Pharmaceuticals Inc. revealed details for its market debut. Agios Pharmaceuticals Inc. revealed its projected terms of the company's initial public offering to enhance its capital.
Suzhou Snail Digital Technology Co. stated that it is opting for an IPO in Hong Kong. Suzhou Snail Digital Technology Co. , also known as Snail Game, revealed that it is considering a market debut in Hong Kong, two sources with knowledge of the deal said.
