An investment tracking group reported that in the Asia-Pacific region, venture capital deals had an average value of US$67 million.
Investors
Vini Cosmetics in talks with Sequoia Capital to raise INR100 crore
Vini Cosmetics chairman, Darshan Patel, confirmed that his company is in advanced talks with Sequoia Capital in a bid to secure INR100 crore for expansion.
Huron Capital Partners closes US$500 million fund
Huron Capital Partners announced that it had raised up to US$500 million for new investments in high-potential growth companies.
Spear Point interested to acquire TheStreet from TCV
Spear Point said that that they are interested in making a deal for the TheStreet. Spear Point, a private equity firm, said that they want TheStreet to externally hire a financial adviser to weigh the number of options in the company.
Australia's Shoes of Prey looking to raise US$20 million
Shoes of Prey stated that they want to put up US$20 million in funding to help them expand. Shoes of Prey announced that they are looking to raise up to US$20 million in funding.
Latest News
Swissport International Ltd announced that they are in talks for the purchase of Servisair. Swissport International Ltd said that they are in exclusive talks for the acquisition of Servisair.
Mesa West Capital provided close to US$60 million to the joint venture of Morgan Stanley Real Estate Investing and The Bascom Group, LLC.
PlayOn Sports raises a total of USD 26 million in Series D Funding. (CORRECTION: Updated the previous image) Atlanta-based PlayOn! Sports, otherwise known as 2080 Media Inc, announced that it has raised Series D funds totalling USD 26 million on Monday.
PacWest Bancorp said that they will acquire CapitalSource Inc for US$2.29 billion in cash and stock options.
Capricorn Food Products India Ltd revealed that it had raised US$10 million from Quadria India. Capricorn Food Products India Ltd. announced that it had raised a private equity investment of around US$10 million from Quadria India.
LiquidPiston Inc closes with USD 6.5 million in the series C funding round. Combustion engine manufacturer LiquidPiston Inc announced a USD 6. 5 mllion first closing of the series C funding round.
Milestone Capital stated that they would rather choose to offload their assets than to sell the firm.
Solutions provider Symantec buys PasswordBank from Inveready. Solutions provider company Symantec recently purchased PassWordBank from Inveready, a Spanish venture capital company that specializes in early-stage investment.
TowerBrook Capital revealed that it had acquired Metallum Group with EUR295 million in debt financing.
