Deals
PE firms' investment in wineries more of passion than business?
Several private equity firms are making investments in wineries. Several private equity firms are making investment in wineries. These investments seemed to contradict these investors' expectation of a swift return.
Canadian tech company decides to enter the US market via Boston
Desire2Learn Inc. decided to setup in Boston for its US operations. Desire2Learn Inc. decided to base its US operations in Boston. Desire2Learn Inc. is a Canadian company that assists schools and their teachers handle instructional material by using cloud data storage systems.
The UK Business Growth Fund has acquired minority stake in York Mailing
Business Growth Fund has achieved minority stake in York Mailing by investing GBP10 million into the company.
Abramovich invests EUR81 million in Truphone
ChelseaFC owner Abramovich bought a 23.5% stake in Truphone for EUR81 million. Roman Abramovich had attached himself with Independent News & Media as an investor of the cutting-edge telecommunications firm, Truphone.