BCI Broadband completed the acquisition of James Cable as the next-generation broadband company makes its presence felt in four key cities.
North America
Enstar gets 60% share in Torus Insurance in blockbuster deal
Enstar Group pays US $692 million in order to control the reins Torus Insurance Holdings Ltd. Enstar Group, a management and consultancy firm specializing in insurance, announced the completion of the agreement that allows it to control management of Torus Insurance Holdings Ltd.
Two Financing Firms Invest US $10 million in Convene
Boathouse Capital and Tamarix Capital each shelled out US $5 million to und Convene. Convene, New York City's largest conference center, completed the fourth funding round by raising additional US$10 million which will be used to fund its expansion plans.
Go Green buys patent portfolio from Water Treatment Systems
US based Go Green Global Technologies Corp acquired patent portfolio from Water Treatment Systems over their Sonical product line
Diamond Resorts Expects Up To US$279 Million from IPO
Diamond Resorts expected to raise up to US$279 million from IPO. Diamond Resorts International Inc. said that it expected to raise up to US$279 million from its initial public offering.
Latest News
The 1330-year old company said it will purchase Harris Teeter and will assume its US $100 million debts.
Jason Valdina was named as Movable Ink's new vice president. Electronic mail marketing technology provider Movable Ink announced today that Jason Valdina is its new Vice President of Product.
MidOcean buys Water Pik Inc together with Vulcan Capital and other investors. MidOcean Partners along with other investors including Vulcan Capital has acquired Water Pik, Inc.
TA Associate's Cosentry announced that Brad Hokamp is its new chief executive officer. Cosentry, a portfolio company of TA Associates based in Omaha, Nebraska, announced on Tuesday that Brad Hokamp will lead the company as its new chief executive officer.
Heliae raise US$28.4 million from current and new investors to promote algae-based specialty merchandises.
CIT Group Inc served as Lead Arranger in US$42 million worth financing for Garrison Investment Group.
Genetics service provider InformedDNA received and investment from MPM Capital's Sun State Fund.
The EIB announced today that it will invest Lithuania's LNG project. The European Investment Bank announced today that it would make investments on Lithuania.
Cloud service provider LendPro received backing from the Center for Innovative Technology. The Center for Innovative Technology announced today that its subsidiary CIT GAP Funds made an investment in LendPro.
