Nordic mid-market private equity firm CapMan Buyout picked up a majority stake in Finland-based luxury and lifestyle hotel chain Kamp Group for an undisclosed sum for the expansion of the group's operations.
Investors
New York's Viggle snaps up rival social TV startup Dijit Media
New York, US-based social TV startup Viggle snapped up San Francisco, California-based rival Dijit Media for an undisclosed sum to acquire and incorporate the latter's NextGuide and reminder button features into its own offerings.
Origami Logic closes Series B financing with $15M
Marketing intelligence solutions provider Origami Logic secured $15 million for its Series B financing round led by venture capital firm Jafco Ventures and joined by existing investors.
Carlyle invests in Irish chocolate maker Lily O'Brien's
US-based private equity firm The Carlyle Group invested an undisclosed sum in Ireland-based chocolate maker Lily O'Brien's for the expansion of the latter's global consumer reach.
Russia's Yandex invests in Multiship to boost up e-commerce platform
Russian Internet giant Yandex has invested an unconfirmed amount to acquire logistics provider Multiship to provide an easier way of delivering goods to the customers of Yandex's e-commerce platform.
Latest News
Glasgow, Scotland-based formal hirewear supplier ACS Clothing bagged £8.5 million in funding from London, UK-based investor Business Growth Fund (BGF) for the expansion of its online activities.
Los Angeles, California-based caregiver marketplace HomeHero launched its website that aims to connect aging adults with pre-screened caregivers and provide families with an easier way to communicate with and monitor hired caregivers.
Denver, Colorado-based online market research firm GutCheck secured $4 million in a funding round led by Icon Venture Partners to test out the potential of different business ideas.
Yahoo has closed the acquisition of San Francisco, California-based enterprise app studio Tomfoolery, and will be shutting down the latter's Anchor app, according to a source familiar with the deal.
San Francisco, California-based credit card wallet Coin is currently raising around $15 million in a Series A financing round, according to several sources knowledgeable on the situation.
San Francisco, US-based advertising firm Federated Media sold its content marketing arm to Rhode Island-based multimedia company LIN Media for an undisclosed amount to focus on programmatic advertising.
In its first outside funding round, Medium, the blogging platform that Twitter co-founder Ev Williams established, raised $25 million from Greylock Partners and other investors.
Crowdfunding platform Indiegogo raised another $40 million in fresh capital from US private equity firms, which include Institutional Venture Partners and KPCB, CBC News said in its report.
A growing number of hedge funds and institutional investors are acquiring non-performing loans from banks and federal agencies who can no longer keep them due to expensive holding costs of such loans, Bloomberg said in its report.
