Chicago, Illinois-based tutoring marketplace WyzAnt acquired New York-based Tutorspree, a fellow marketplace competitor, that has been closed down since September 2013, for an undisclosed amount.
Chicago-based daily deals firm Groupon purchased New York-based flash fashion site Ideeli in a deal valued at $43 million in cash in a bid to compete with Amazon and other retail businesses.
London-based alternative asset management firm Resonance Asset Management LLP bought four wind farms in the UK after raising $100 million from institutional investors for its first Resonance British Wind Energy Income fund.
Foreign-exchange broker Forex Capital Markets (FXCM) said it was in talks with high-speed trader Infinium Capital Management to buy its assets. FXCM last year bought a $12 million note issued by the struggling high-speed trader.
Joseph Lieberman, a former US senator from Connecticut and onetime vice-presidential candidate, will join private equity firm Victory Park Capital Advisors LLC as chairman of its executive board.
Illinois, Chicago-based multimedia corporation Tribune Co has completed its $2.73-billion acquisition of television broadcasting firm Local TV after emerging from a four-year Chapter 11 bankruptcy in December.
John Hancock Financial, the US arm of Canadian life insurer Manulife Financial Corp. has bought three office properties in New York, Chiacgo and Boston collectively worth $618 million.
Chicago-based tutoring services provider WyzAnt has received $21.5 million in a Series A funding round from Accel Partners to expand its services and develop new digital tools for student-tutor interaction.
Chicago steak and seafood supplier Allen Brothers has been sold to publicly-traded specialty food products distributor Chefs' Warehouse Inc. for $29.9 million. Under the deal, Chefs' Warehouse will be paying $20 million in cash and $9.9 million in debt.
A USD 4.5 million credit facility was granted to Chicago-based online provider for in-home care Sittercity by Square 1 Bank, a bank that exclusively caters to the needs of entrepreneurs and the venture capital community.
American investment firm JMI Equity is reportedly partnering with Hellman & Friedman to takeover Applied Systems Inc. from Bain Capital for USD1.8 billion. JMI has also been an investor in various Chicago companies including BigMachines, Trustwave and CouponCabin.
Chicago-based marketing technology BrightTag secured USD27 million funding from Yahoo! Japan. The Japanese internet company's investment brought BrightTag's fund total its has raised so far to USD50 million.
Chicago-based tech company Trustwave Holdings Inc signed a deal to acquire New York-based data security software provider Application Security Inc for an unconfirmed amount yesterday.
Sources told ChicagoRealEstateDaily.com that Adventus Realty Trust would buy Crossings for a price tag of USD 35.5 million.
Groupon pinned its turnaround on billionaire venture capitalist Lefkofsky who was recently appointed as the chief executive officer.
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