Intelligent Global Pooling Systems agreed to sell the company to iGPS Logistics for an undisclosed amount.
North America
FCA Venture Partners seals US$53 million fund
FCA Venture Partners revealed that they had sealed a US$53 million fund. FCA Venture Partners announced that it had just closed a US$53 million fund. The capital they have raised would be used to fill a funding gap that exists between angel and later-stage investment periods.
Blumberg Capital is the biggest winner in HootSuite's newest financing round
HootSuite financiers revealed that Blumberg Capital had earned up to 520% from their initial investment in HootSuite.
Ekahau receives US$6 million venture loan from Horizon
Ekahau, Inc. revealed that Horizon Technology Finance Corporation spearheaded a US$6 million debt financing plan for the tech company.
GIC to invest more in the US
GIC Pvt. Ltd. stated that it was considering more investments in the US. One of Singapore's sovereign wealth funds, GIC Pvt Ltd, announced its preparations for the possible volatility of markets and economies in the second part of this year.
Latest News
Insight Venture Partners, Accel Partners and OMERS Ventures invested a total of US$165 million in social relationship platform HootSuite.
Last Thursday, jurors looked for clarity on information to be able to decide on the case of the former Goldman Sachs vice president, Fabrice Tourre.
Apollo Global-backed Sprouts Farmers gained more funds that it has originally sought after in its initial public offering.
Sentinel Capital Partners closed its largest fund to date with US$1.3 billion. Private equity firm Sentinal Capital Partners completed its fifth fund, Sentinel Capital Partners V L.
Carl Icahn sued Dell Inc. last Thursday as he tried to disrupt a USD24.4 million takeover bid from founder, Michael Dell and Silver Lake.
Information provider Thomson Reuters appointed retired London-based lawyer Steve Turnball as member of its board of directors.
Construction equipment company Blackhawk Specialty Tools received growth investments from Bain Capital and a few of the management earlier today.
Natural gas processing firms, TexStar Midstream and Evercore Partners are looking into the possible sale of businesses to further expand in Southern Texas.
Pharmaceuticals companies PharmAthene and Theraclone Sciences agreed to merge for expansion of drug research and development.
