BigCommerce said April 25 that it raised $64 million in growth equity funding led by Goldman Sachs. Also participating were current investors General Catalyst, GGV Capital and Tenaya Capital. BigCommerce,… read more →
The Federal Trade Commission has sued LendingClub, claiming the online lender misled consumers with hidden fees and charging borrowers even when the paid off loans, the Los Angeles Times said.… read more →
Mubadala Investment Co has acquired a minority stake in Phoenician Capital. Financial terms weren’t announced. Phoenician, of New York, is a money manager launched by John Khabbaz in 2007. Mubadala… read more →
Clearview Capital Fund III‘s portfolio company Wilson Orchard & Vineyard Supply, which provides growers with irrigation and structural services, acquired Valley Vineyard, a manufacturer of trellising equipment, and Quantum Irrigation, a provider of irrigation services.… read more →
Ardian sold its minority holding in Piz’Wich, a manufacturer of frozen snack products, to frostkrone, a manufacturer of frozen convenience food and snacks. Frostkrone now holds all shares in Piz’Wich. Terms… read more →
Susquehanna Private Capital LLC said April 16 that it has invested in Skin & Cancer Associates. Financial terms weren’t announced. Skin & Cancer, of Fort Lauderdale, Florida, is a partnership… read more →
Scania Growth Capital has invested in Swed-Weld. Financial terms weren’t announced. Swed-Weld, of Sweden, produces add-on equipment for optimizing automated manufacturing lines. PRESS RELEASE SÖDERTÄLJE, Sweden, April 25, 2018 /PRNewswire/ — Scania’s… read more →
Foundation Investment Partners has acquired Discount Drainage Supplies. Financial terms weren’t announced. Discount Drainage, with offices in Akron, Columbus and Cincinnati, provides drainage and construction products. Generational Capital Markets Inc provided financial advice.… read more →
NorthEdge Capital is backing the management buyout of Prohire. Financial terms weren’t announced. Prohire, of the U.K. provides commercial fleet management solutions. PRESS RELEASE NorthEdge Capital (“NorthEdge”) has supported the… read more →
Great Hill Partners and Reliam, a consulting and managed services provider for public cloud platforms, acquired Stratalux, a provider of Amazon Web Services consulting and managed services. The transaction was funded by… read more →