The New York firm acquires Scientific Protein Laboratories, a maker of ingredients for end-use pharmaceuticals, in its fifth portfolio acquisition for its debut fund, closed last June.
The two firms are equally partnering with company management to acquire technology services company BBNT Solutions, the creator of the first network e-mail, from Verizon.
The New York- and Cleveland, Ohio-based middle-market specialist beat its original fundraising target set in June 2003, raising almost double the capital of its previous fund.
After only four months of fundraising, the Palo Alto firm surpasses its original mark with its fifth fund, which will target venture capital investments in expansion, late-stage private and public technology companies.
Today's investors in private equity are looking for firms, not funds. Texas Pacific was able to offer just that.
The French industrial group unloads two California assets.
Argantis, a new fund aiming to take advantage of opportunities in Germany’s Mittelstand, has announced a first closing of €100 million.
Non-US investors, and an emphasis on operations and succession planning lead to fundraising success.
After two years of negotiations and political wrangling, Advent International has reached agreement with the Bulgarian government over the acquisition of the state-owned Bulgarian Telecommunications Company.
Hungarian private equity firm Euroventures Capital has achieved a €31 million first closing of its new fund, Euroventures Hungary III Limited Partnership.
ii
ii

Copyright PEI Media

Not for publication, email or dissemination