Investment firm Crescent Capital Group said it raised more than USD 3.4 billion for its sixth fund, Crescent Mezzanine Partners VI.
North America
Blackstone to sell La Quinta
Blackstone Group stated it would be selling the La Quinta hotel chain through either a public shares offering or a private sale of the company.
Versa Capital buys Hatteras/CABO
Versa Capital Management stated it had acquired Hatteras/CABO from the Brunswick Corporation for an undisclosed amount.
Kelt Exploration raises US$99.6 million
Kelt Exploration revealed that it had signed flow-through share equity and common share financing agreements with underwriters worth US$99.6 million.
Jeff Bezos purchases the Washington Post
The purchase of the Washington Post by Jeff Bezos surprised many in the industry. In a surprise move, the Washington Post Co had entered into an agreement last Monday to sell its flagship newspaper to Jeffrey Bezos of Amazon.
Latest News
Montreal-based TVM Life Science Ventures VII managed by international venture capital company TVM Capital Life Science invested in Ixchelsis Ltd, a startup based in the UK.
J-Pac, a manufacturing company that services the diagnostics, medical device, life sciences and pharmaceutical industries, announced that it had appointed Mark Florence as its new President and Chief Executive Officer.
Private equity firm GTCR announced the partnership it formed with Ed Fiorentino for the formation of Crealta Pharmaceuticals Inc.
Marlin Equity Partners bought Asset Control for an undisclosed amount. Marlin Equity Partners bought Asset Control for an undisclosed amount. The latter provides financial institutions around the world with solutions for data management.
Chicago-based UrbanBound announced that it raised a total of USD 5 million in its Series A round. Chicago-based UrbanBound announced that it raised a total of USD 5 million in its Series A round.
Persistence Capital Partners (PCP) saw its exclusive investments in the Canadian healthcare sector pay off.
White & Case stated it had hired Ross Allardice from its rival Kirkland & Ellis. White & Case announced that it hired its newest partner off US rival Kirkland & Ellis.
Flashtalking received investment backing from TA Associates, the financial details however were not disclosed.
Heliae gathered up to US$28.4 million from new and current investors for its expansion plans. A spinoff company from the Arizona State University, Heliae, revealed it had raised US$28.
