private equity firm

private equity firm

Ancestry.com Agrees To $1.6 Billion Buyout Led By European Private Equity Firm Permira, Says WSJ

techcrunch.com
Genealogy website Ancestry.com — which filed for an IPO back in 2009 – has agreed to be acquired by an investor group led by European private equity firm Permira in a deal said to be worth about $1.6 billion, or $32 per share, the Wall Street Journal is reporting. The paper...
Ancestry.com Agrees To $1.6 Billion Buyout Led By European Private Equity Firm Permira, Says WSJ
The 20 biggest private exits of 2012

Bebo Shareholders File Motion To Remove CEO, Have A Receiver Take Control of Embattled Company

techcrunch.com
Here’s yet another sad turn in the story of one of social networking’s also-rans. Bebo, the early U.K.-based social network that AOL bought for $850 million only to turn around and sell for less than $10 million later, may see its current CEO Adam Levin go. The company’s shareholders, who...
Bebo Shareholders File Motion To Remove CEO, Have A Receiver Take Control of Embattled Company

The 6 angels & 6 devils of environmental investing

gigaom.com
Carter Bales, the co-founder and Chairman of private equity firm NewWorld Capital Group, is driven by dire pessimism and over-whelming optimism that converge through his livelihood: environmental investing. While he’s pessimistic about the direction of the planet when it comes to climate change, a pending resource crisis and decaying infrastructure,...
The 6 angels & 6 devils of environmental investing

French startup Weemo gets $3M to bring its video collaboration tools to the U.S. (exclusive)

venturebeat.com
Sept. 9 - 10, 2013San Francisco, CAEarly Bird Tickets on Sale “Video is the new audio”, we often hear from startup founders who are setting their sights on large businesses. The latest startup in the video collaboration category is Weemo, a company that was founded by French entrepreneur and telecom exec...
French startup Weemo gets $3M to bring its video collaboration tools to the U.S. (exclusive)

DealBook: Blackstone Said to Make Preliminary Offer for Dell

dealbook.nytimes.com
The Blackstone Group has reportedly sent a proposal to Dell Inc., signaling that the firm may make a formal bid to compete with one from Michael S. Dell and the private equity firm Silver Lake....
DealBook: Blackstone Said to Make Preliminary Offer for Dell

Ancestry.com Sets $1.6 Billion Deal

allthingsd.com
Genealogy website Ancestry.com Inc. has agreed to be acquired by an investor group led by European private-equity firm Permira for about $1.6 billion, or $32 a share, according to people familiar with the deal. The buyout is a bet that family-history research is more than a niche market and that...
Ancestry.com Sets $1.6 Billion Deal

People Are Actually Talking About The Possible Collapse Of Dell's $24 Billion Take-Private Deal (DELL)

www.businessinsider.com
Last December, Dell CEO Michael Dell and private equity firm Silver Lake began planning to take PC-maker Dell private. Then, in February the deal reached seeming consummation, with Dell's board agreeing to a $24 billion buyout. In fact, the only threat to the deal was that another private equity, Blackstone,...
People Are Actually Talking About The Possible Collapse Of Dell's $24 Billion Take-Private Deal (DELL)
OnApp nabs $20M from LDC to improve cloud management software

US activist investor seeks to break up Misys merger

www.guardian.co.uk
ValueAct wants to take control of British banking software group and stop its planned merger with Swiss rival TemenosThe largest shareholder in Misys has made a last minute bid to break up its merger with Swiss rival Temenos and take control of the British banking software group.ValueAct, the US activist...
US activist investor seeks to break up Misys merger

Dell confirms Blackstone drops takeover bid amid PC slump

news.cnet.com
The private equity firm also cites Dell's "rapidly eroding financial profile" as part of its reason to withdraw from the takeover process. [Read more]...
Dell confirms Blackstone drops takeover bid amid PC slump

Don't trust your lawyer's billing? Try Viewabill

venturebeat.com
If you’ve spent any time working with a lawyer lately, you know how difficult it is to track the hours he or she is billing you. You basically just have trust the lawyer to be honest. Their invoice will float in a month after they do the work, and by...
Don't trust your lawyer's billing? Try Viewabill

Who were the top ed tech acquirers in 2012?

gigaom.com
A new report from M&A database CB Insights gives an overview of the 2,277 tech acquisitions it tracked last year (you can see my colleague Eliza Kern’s post on the breakdown here or view the entire report here.) But to give GigaOM a better view of the ed tech sector...
Who were the top ed tech acquirers in 2012?

Blackstone reportedly withdraws $25B takeover bid for Dell

news.cnet.com
Private-equity firm launched a bid last month to rival Michael Dell's effort to take private the company he founded. [Read more]...
Blackstone reportedly withdraws $25B takeover bid for Dell

Former Palm Head Jon Rubinstein Leaves Hewlett-Packard

allthingsd.com
Jon Rubinstein, the former Apple executive who took over handheld maker Palm and moved with it to Hewlett-Packard in a 2010 acquisition, has left HP effective today, AllThingsD has learned. Rubinstein is said to have no immediate plans, and had completed a 12- to 24-month commitment to stay with HP...
Former Palm Head Jon Rubinstein Leaves Hewlett-Packard

Ancestry.com set for $1.6B acquisition deal: WSJ

news.cnet.com
The genealogy giant with more than two million subscribers is set to be acquired by a private-equity firm, in a bid to move into the Western European market. [Read more]...
Ancestry.com set for $1.6B acquisition deal: WSJ

Just-Eat Just Raised Another $64M From Vitruvian, Index, Greylock For Online Food Ordering

techcrunch.com
The UK may have just entered a double-dip recession but that doesn’t seem to have trickled down to how consumers are spending money on take-out food — and the companies that are building businesses around that. The UK-based online food ordering site Just-Eat has picked up a third round of...
Just-Eat Just Raised Another $64M From Vitruvian, Index, Greylock For Online Food Ordering

Blockbuster UK finds a rescuing buyer, keeps staff and stores afloat

www.engadget.com
When Blockbuster's UK brand entered administration at the start of the year, there were concerns that it would ultimately prove just another casualty of the inexorable move toward online video. Not quite: Gordon Brothers Europe, a private equity firm known for rescuing troubled companies, has bought Blockbuster's British assets....
Blockbuster UK finds a rescuing buyer, keeps staff and stores afloat

Virtual assistant startup lands $16M to help sales pros cultivate hot leads

www.geekwire.com
A fast-growing Bellingham startup has landed $16 million in venture capital from Kennet Partners and named former NexTag president Mark Bradley as CEO. AVA.ai is the maker of an “automated virtual assistant”  — an online tool used by thousands of automobile dealers, insurance agents and other sales professionals to better track...
Virtual assistant startup lands $16M to help sales pros cultivate hot leads

Dell takeover battle set to generate $400m fees bonanza for banks

www.guardian.co.uk
Banks advising bidders on debt to fund highly leveraged buyout of computer maker said to be 'licking their chops' over paydayThe $24.4bn (£16bn) takeover battle for Dell is set to hand Wall Street firms their biggest advisory payday in at least three years by generating $400m in fee income for...
Dell takeover battle set to generate $400m fees bonanza for banks

The Carlyle Group gobbles up Getty Images for a cool $3.3B

www.geekwire.com
A sample of images from Getty Images. Getty Images, the Seattle distributor of digital images and video, is transitioning from one private equity firm to another. The Carlyle Group announced today that it is paying $3.3 billion to buy Getty Images from Hellman & Friedman, the private equity firm that...
The Carlyle Group gobbles up Getty Images for a cool $3.3B

Silver Lake Grabs Large Minority Stake of WME to Push Digital Initiatives

allthingsd.com
Large private equity firm Silver Lake is buying a large stake in Hollywood talent agency William Morris Endeavor, which is being described as a way to turbocharge its digital efforts. While the pair would not disclose any financial details of the deal, which they are calling a “strategic partnership,” sources...
Silver Lake Grabs Large Minority Stake of WME to Push Digital Initiatives

Busbud, The Kayak For Intercity Bus Travel, Raises $1M Round Led By iNovia Capital And Real Ventures

techcrunch.com
Canadian startup Busbud, which bills itself as the “Kayak for intercity bus travel,” today announced that it has raised a first $1 million funding round led by iNovia Capital and Real Ventures. Peter Kern, an Expedia board member and managing partner of private equity firm InterMedia Partners, as well as...
Busbud, The Kayak For Intercity Bus Travel, Raises $1M Round Led By iNovia Capital And Real Ventures

The New $10,000 Android Phone From Vertu

blogs.wsj.com
Last year, Nokia parted ways with its luxury handset division, Vertu, selling it to a private equity firm. Now it is Vertu's turn to part ways with Nokia....
The New $10,000 Android Phone From Vertu

SEC watch: Investment firm Silver Lake files for $7.5 billion private equity fund

thenextweb.com
Silver Lake, a US-based private equity firm focused on leveraged buyout and growth capital investments in (primarily large-cap) technology companies, has filed documents with the U.S. Securities and Exchange Commission indicating its intent to raise a private equity fund to the tune of (at least) $7.5 billion. The fund, which...
SEC watch: Investment firm Silver Lake files for $7.5 billion private equity fund

French Web/mobile games startup Adictiz lands $2.5m to expand and play the global market

thenextweb.com
Casual gaming has developed into a billion dollar market and France-based mobile and social games startup Adictiz has closed a $2.5 million (€2 million) round of funding which it hopes will help it grab a share of the hugely lucrative global industry. The round, Adictiz’s first outside investment, is led...
French Web/mobile games startup Adictiz lands $2.5m to expand and play the global market

Berkshire Partners plans $2B fiber network merger

www.electronista.com
Private equity firm Berskhire Partners announced today that it plans to acquire controlling shares the two largest fiber network providers in the United States, with the ultimate aim of merging the two firms. Lightower Fiber Networks and Sidera Networks are in Berkshire's sights, and the holding company values the merger...
Berkshire Partners plans $2B fiber network merger

Ziff Davis Trades Hands Again

allthingsd.com
Ziff Davis has a new owner: “Cloud services” company J2 Global has bought the tech publisher from private equity firm Great Hill Partners for $167 million. J2 runs a portfolio of cloud-based services generally aimed at consumers and small businesses, like eFax, Onebox and eVoice. The company says it acquired...
Ziff Davis Trades Hands Again

Stock Photo Site Fotolia Acquires Wilogo, A Crowdsourced Design Community

techcrunch.com
Fotolia, the company that’s home to an online marketplace of royalty-free stock photos, has just acquired Wilogo, a crowdsourced design community. The all-cash deal involves the acquisition of the team, the website and services, and will see Wilogo remaining independent when the deal completes. Founded in 2006, Wilogo is currently...
Stock Photo Site Fotolia Acquires Wilogo, A Crowdsourced Design Community

Czechs pull plug on 4G spectrum auction after carriers bid too much

gigaom.com
Radio spectrum auctions are generally supposed to be about assigning spectrum in the most efficient way, so that new mobile services run as well as possible. That said, they also make money for governments, and some see this as their primary purpose. Not so the Czech telecoms regulator, CTU, which...
Czechs pull plug on 4G spectrum auction after carriers bid too much
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