Middle market private equity firms that invest in small and middle-sized companies have a good reason to be bullish as growth is strong in the sector, CNBC reported.
Sectors
Cascadia Capital Advises on the Sale of Zuke's to Nestle Purina Petcare
Cascadia Capital, a diversified, boutique investment bank today announced its Consumer Practice advised Zuke's, LLC (d/b/a Zuke's) on its sale to Nestlé Purina PetCare Company, a subsidiary of Nestlé S.A. which closed in late 2013.
Preqin data shows fresh private equity firm launches last year lowest since 1997
According to Preqin, the number of new private equity companies introduced globally last year was at its lowest level in over a decade and a half, The Wall Street Journal blog Private Equity Beat reported.
Environmental software firm AMCS closes €23.5M round to expand beyond Limerick
Limerick, Ireland-based environmental software developer AMCS Group closed €23.5 million in a funding round led by Highland Capital Partners Europe (HCPE) for its expansion into Europe, Australia, New Zealand, and the Americas.
Qualcomm acquires patents from HP
Qualcomm has announced that it had acquired 2,400 patents from Hewlett-Packard, including the patents from Palm which HP had bought in 2010 in a deal worth $1.2 billion, Gigaom reported.
Latest News
After recently closing a $7.5-million funding round, US-based Bitcoin focused investment fund CoinSeed acquired BitFury's specialized Bitcoin mining hardware for $5 million to build one of the biggest cryptocurrency mining infrastructures in the world.
Fitmob, the fitness startup founded by Raj Kapoor and Paul Twohey, has just obtained financing worth $9.75 million to redefine the workout experience, TechCrunch reported.
Cohera Medical Inc, developer of TissuGlu Surgical Adhesive and Sylys Surgical Sealant, received added financing worth $9.3 million to bring its Series D funding total to $26.3 million.
India-based IT training school Koenig Solutions has offered a four-day program to teach students everything there is to know about the digital currency Bitcoin, ZDNet reported.
InterWest Partners led the Series C funding round for content marketing platform NewsCred which raised $25 million. NewsCred's existing backers also participated in the round.
Mercom Capital Group data revealed that venture capital funding for firms in the wind energy industry increased 44.4% to 455 million around the world last year, the Business Started reported.
MMC Ventures has again opened the MMC Growth Generation Fund specifically tailored for young investors aged 18 to 35 years old, allowing them to invest in UK's hard to access but high-growth firms.
Fashion e-commerce company Lyst was able to secure $14 million for its Series B funding round led by Balderton Capital and joined in by DFJ Esprit, Accel Partners and angel investors.
Startupbootcamp, the pan-European accelerator, has launched in Istanbul, as investors continue to show interest in Turkey. The accelerator has already began accepting applications for its program.
