Acumatica, cloud-based Enterprise Resource Planning solutions provider based in Kirkland, Washington, raised USD 10 million for its Series C funding round led by Runa Capital and Almaz Capital.
Sectors
Talari raises USD15 milllion in Series D funding
California-based network solutions innovator Talari Networks Inc secured USD15 million in a Series D funding round led by Four Rivers Group to be used for the company's growth and bridge loans payment.
Rubikloud Technologies Inc closes seed financing round with more than USD 1 million
Li Ka-shing's Horizons Ventures, MaRS Investment Accelerator fund and private angel investors provided more than USD 1 million in seed funds for Toronto-based big data startup Rubikloud Technologies Inc.
Apollo completes acquisition of MidCap
Maryland-based health care lender MidCap Financial LLC was acquired by an entity managed by alternative asset manager Apollo Global Management LLC for an undisclosed amount.
Hunt completes merger with Centerline Holding Company
Texas-based national developer and investor Hunt Companies Inc announced the successful acquisition of Centerline Holding Company in a deal that increased Hunt's assets in management to USD24.8 billion.
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Australian property investor The GPT Group has made a A$2.99 billion takeover bid for Commonwealth Property Office Fund, gate-crashing an agreed A$2.8 billion deal with Dexus Property and a Canadian pension fund.
The following bids, mergers, acquisitions and disposals were reported on Monday including Forbes, Axel Springer, MidCap Financial LLC, Goldman Sachs and others.
French elderly care company Korian bought rival Medica for EUR1.1 billion. The post-merger group would become the top nursing home operator in France, Germany and Belgium and second in Italy.
Compass-EOS on Monday announced that it has raised USD42 million from its latest funding round. Top-tiered investors including global venture capital funds, service providers and network suppliers have participated in the round.
Denise Nappier, Connecticut's state treasurer, is considering to make a USD125 million investment in Apollo Global Management's Fund VIII. Fund VIII has already raised more than its USD12 billion target.
Finland-based retail analytics company Walkbase landed a EUR3 million in its Series A funding round. The round was led by SBT Venture Capital in London and Olli-Pekka Kallasvuo, Nokia's former CEO.
Canadian private equity firm Fairfax Holdings Ltd. said that it would acquire a controlling stake in Keg Restaurants Ltd. Keg president and chief executive officer David Aisenstat will retain a minority stake of 49%.
Brussels-based biotechnology company IBA concluded the sale of its drug discovery business unit to private equity firm Argos Soditic. IBA raised EUR25 million from the sale of Cisbio Bioassays.
CareFusion Corp's acquisition of Vital Signs from GE Healthcare was considered strategic as the former aimed to expand its anesthesiology and respiratory care business while saving up to USD15 million in annual costs.
