EQT Partners has agreed to sell I-MED Radiology Network to Permira. Financial terms weren’t announced. I-Med is a diagnostic imaging service provider in Australia. Bloomberg pegged the sale at A$1.3 billion… read more →
Japan’s Fujitsu Ltd said on Friday it was in talks about selling its mobile phone business to investment fund Polaris Capital Group, becoming the latest Japanese electronics maker to withdraw… read more →
South Korea’s retailers Shinsegae and E-Mart said they were set to gain $940 million from private equity firms, hoping to capitalize on a surge in online grocery shopping and other… read more →
Seacoast Capital has invested $15.4 million in Stone Road Energy. Based in Gorham, Maine, Stone Road is a distributor of propane and heating oil and service providers in New England.… read more →
Blue Water Energy and Blackstone have agreed to lead an initial investment of up to $1 billion in Mime Petroleum. Established by Blue Water Energy, Mime Petroleum is a Norway-focused… read more →
Frontier Capital has made a “significant” investment in Orlando, Florida-based PowerDMS, a provider of document management solutions. As a result of the transaction, Ballast Point Ventures will remain a shareholder… read more →
Singapore-based Tryb Group, a financial tech platform, has secured $30 million in funding. The investor was Makara Innovation Fund. PRESS RELEASE Singapore – tryb Group, a financial technology platform, announced… read more →
Verus Investment Partners has sold Pittsburgh Brewing Co to an undisclosed buyer, according to Brewbound. Formerly known as Uni-World Capital, Verus acquired the beer business of Pittsburgh-based Iron City Brewing Co… read more →
By Paul Share, Conway MacKenzie The operating partner’s role in private equity is a relatively new position. Industry firms differ about whether such a role should exist and, if so,… read more →
Promus Equity Partners has acquired a minority stake in San Diego-based Event Network, an operator of specialty retail locations at at aquariums, science centers, museums and other cultural attractions in… read more →