Car dealer Manheim bought Lanarkshire, Scotland-based vehicle reseller Shotts Motor Auctions for an undisclosed sum in a bid to expand and beef up its product offering.
Deals
UK startup Allthings lands £400K in funding to organize business tasks
Dundee, UK-based software startup Allthings landed £400,000 in funding from the Scottish Investment Bank and other local investors to support its growth strategy and the improvement of its task-listing and collaboration tool.
Waters Corp invests €400K in Irish premature birth testing center
Milford, US-based analytical lab instrument manufacturer Waters Corp invested €400,000 in Cork, Ireland-based INFANT centre in the University College Cork (UCC) where a test for premature birth is being developed.
Private equity firm Carlyle Group and other investors to purchase majority stake in metals trader
Private equity firm Carlyle Group and other investors will be purchasing a majority stake in Traxys Group, a physical metals and minerals commodity, logistics and trading company, Reuters reported.
Sime Darby picks up 70pct stake in Australian firm TFP Engineering in A$3.2M cash deal
Kuala Lumpur, Malaysia-based conglomerate Sime Darby Bhd, through its subsidiary Haynes Mechanical, picked up a 70% stake in Singleton, Australia-based mining machinery provider TFP Engineering for A$3.2 million (MYR9.5 million).
Latest News
Hellman & Friedman purchased Renaissance Learning, a learning analytics firm, in a cash deal worth $1.1 billion less than a month after it closed a $40 million round led by Google Capital, TechCrunch reported.
SiNode, a company that is working on prolonging the energy storage capacity of batteries and improving their charging rate, has secured seed funding from Energy Foundry, TechCrunch reported.
Marseille, France-based last minute hotel booking mobile app VeryLastRoom bagged $2.1 million in a venture round led by APlusFinance and Extend & Sigma Gestion to fuel its expansion in Europe.
San Francisco, US-based event ticketing startup Eventbrite scored $50 million in a funding round from Tiger Global Management and T. Rowe Price to fuel its international expansion plans ahead of a potential initial public offering (IPO) in 2014.
Redwood City, US-based social media startup Banjo landed $16 million in a Series B funding led by Balderton Capital to fund its growth, international expansion, and product development.
MuleSoft obtained $50 million for its most recent financing round led by NEA, Lightspeed Venture Partners and Meritech Capital Partners, a statement about the funding said.
Search giant Google is reportedly venturing into the set top business with its recent acquisition of Santa Clara, US-based mobile game and hardware developer Green Throttle Games for an undisclosed amount.
Austin, Texas-based legal reserve life insurance firm Citizens Inc, through its subsidiary, added Ridgeland, Mississippi-based firm Magnolia Guaranty Life Insurance Co in a deal valued at $5.23 million.
Newport Beach, US-based micro investing app Acorns raised $5.5 million in a Series B funding round led by Jacobs Asset Management to let people invest in index funds using their spare change.
