The purchase of the Washington Post by Jeff Bezos surprised many in the industry. In a surprise move, the Washington Post Co had entered into an agreement last Monday to sell its flagship newspaper to Jeffrey Bezos of Amazon.

Investment firm Crescent Capital Group said it raised more than USD 3.4 billion for its sixth fund, Crescent Mezzanine Partners VI.

Montreal-based TVM Life Science Ventures VII managed by international venture capital company TVM Capital Life Science invested in Ixchelsis Ltd, a startup based in the UK.

J-Pac, a manufacturing company that services the diagnostics, medical device, life sciences and pharmaceutical industries, announced that it had appointed Mark Florence as its new President and Chief Executive Officer.

Private equity firm GTCR announced the partnership it formed with Ed Fiorentino for the formation of Crealta Pharmaceuticals Inc.

Marlin Equity Partners bought Asset Control for an undisclosed amount. Marlin Equity Partners bought Asset Control for an undisclosed amount. The latter provides financial institutions around the world with solutions for data management.

Chicago-based UrbanBound announced that it raised a total of USD 5 million in its Series A round. Chicago-based UrbanBound announced that it raised a total of USD 5 million in its Series A round.

Persistence Capital Partners (PCP) saw its exclusive investments in the Canadian healthcare sector pay off.

Airbus partnership with easyJet paid off as the low-cost carrier based in the UK helped the aircraft manufacturer inch closer to the 2013 target set by its parent company, the European Aeronautics Defence and Space Company (EADS).

Mivan, the Northern Ireland-based specialist contractor, clinched deals totaling GBP 20 million from its clients in London and Saudi Arabia.