Hall revealed that it had sealed its funding round, collecting around US$5.5 million from capital venture funds.
Institutional investors
Sonic faces problems with True Price program
Most Sonic stores faced problems with the recently rolled out "True Price" program. For the past quarter, Sonic focused on moving its dealerships to its "True Price" structure.
Soluble Systems collects US$3.5 million in its most recent funding round
Soluble Systems revealed that it had gathered US$3.5 million from 57 different investors. No less than 57 different private investors opened out their bank accounts to invest into Soluble Systems' recent US$3.
Aramark Corp selects its IPO bankers
Sources have revealed that Aramark Corp is one step closer to an IPO with the company selecting banks to help it with the offer.
Mediterranean Investments Holding Plc to sell stakes to fund Libyan project
Mediterranean Investments Holding Plc announced that it is considering a London IPO to raise EUR100 million.
Latest News
SEB Venture Capital stated that it had invested in Donya Labs AB. SEB Venture Capital revealed that it had invested in Donya Labs AB, an international player in the optimization of 3D graphics for video games.
LiveMinutes announced that it had received up to US$1.4 million from investors that include Great Oaks Venture Capital, New World Ventures, Ali Rosenthal, and Sam Yagan.
Wheelock Street Capital announced that they have acquired a six hotel portfolio located in Ohio and in Texas, Tennessee from Lingate Hospitality Group.
TPG admited that its recent purchase, Assisted Living Concepts Inc., will need a lot of work for it to succeed.
KKR revealed that it has secured an average combined interest rate of 4.8% for the funds to be used in the acquisition of Gardner Denver Inc.
Brookfield Asset Management stated that various international investors of one of their initiatives have now committed over US$14 billion.
PricewaterhouseCoopers reported that Florida received around US$156 million across 14 venture capital deals in the second quarter.
TwinFocus stated that it had established a Private Equity unit and brought in Orlando Mendoza to lead the newly formed unit.
Private equity firms Bridgepoint and EQT express interest in purchasing refrigeration equipment company AHT Cooling.
