Pershing Square Capital shareholder William Ackman unveils the finalization of its purchase of Air Products & Chemicals.
North America
Venture capital firm Venrock welcomes new partner
Venrock promoted general counsel David Stepp to partner. California-based Venrock announced the promotion of David Stepp to partner on Wednesday. Prior to his appointment as partner, Stepp worked at Cooley LLP where his responsbilities centered on venture capital partnerships and emerging growth and small-market public technology businesses.
Canaccord Genuity hires new Managing Director
Canaccord Genuity appointed Geoffrey Richards as the company's new Managing Director, Head of US Special Situations and Restructuring.
Energizer set to acquire Johnson & Johnson feminine care brands
Energizer Holdings planned to acquire Johnson & Johnson's feminine care line for US$185 million.
KKR signs deal with Warburg Pincus for RPS acquisition
Private equity firm KKR finalized its purchase of ReSearch Pharmaceutical Services from Warburg Pincus.
Latest News
Investment firms Cedar Fund and Innovation Endeavors invested in marketing technology specialist Datorama.
Venture capital fund Ascension Health Ventures backs healthcare technology innovator Quantros. Healthcare technology provider Quantros announced earlier today that it has received an investment from Ascension Health Ventures (AHV).
Test prep industry leader Kaplan acquires Grockit's learning platform and assets. International test prep service provider Kaplan announced earlier that it has purchased the social learning platform and test prep assets of Grockit for an undisclosed amount.
Hansen Medical secured US $98 million funding from both new and old investors. The proceeds will be used for product development.
Dropcam gets additional US $30 million funding, raising its total capital to US $47.8 million Dropcam announced on Wednesday that it managed to raise US $30 million in third round funding, led by investor Institutional Venture Partners.
Alleghany Corp augmented its investment in Ares Management by putting in an additional US $250 million equity.
Wild Craze secured a US $2 million loan from TCA Global, which it intends to use for expansion. Wild Craze Inc. gets a business boost after TCA Global Credit Master Fund agreed to extend a US $2 million senior secured loan to the company, with an initial draw down of US $300,000.
John's Incredible Pizza gets US $17.4 million investment from Praesidian Capital. John's Incredible Pizza secured US $17. 4 million, representing first lien debt, from Praesidian Capital, one of the market leaders in debt capital options for small & medium businesses and mid-sized organizations.
According to a Google research, Canada's smartphone market increased. Canadians have been bitten by the smartphone bug, according to Google's latest report on smartphone ownership in the country.
