Deals that Closed – Holiday Cheer with VCs & PEGs


Contact JD Morris about your capital needs!

And now for your private equity group (PEG) and Venture Capital (VC) deals that closed.

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

PEG – ArcLight Capital Partners has formed a new portfolio company, Eastern Generation LLC, to acquire a natural gas and dual-fuel fired portfolio consisting of seven U.S. power generation plants totaling 4.8 GW. The seller was Tenaska Capital Management. No financial terms were disclosed. www.arclightcapital.com

VC – Altruista Health Inc., a Reston, Va.-based provider of population health management technology solutions for health plans and healthcare providers, has secured an undisclosed amount of funding from Capricorn Healthcare & Special Opportunities. www.altruistahealth.com

PEG – Harbour Group has acquired SP Industries Inc., a Warminster, Penn.-based maker of scientific equipment and biological drug manufacturing solutions, from Graham Partners. No financial terms were disclosed. Lincoln International managed the process. www.spindustries.com

PEG – Main Capital has acquired B+M Informatik AG, a German provider of software for banks and insurance companies, from publicly-traded Allgeier SE. No financialterms were disclosed. www.bmiag.de

VC – Innovid, a New York-based provider of interactive video advertising solutions, has raised $15 million in new VC funding. NewSpring Capital was joined by return backers Sequoia Capital Israel, Genesis Partners, Cisco Ventures and T-Venture. The company also secured $12.5 million in venture debt from Silicon Valley Bank and Triple Point Capital.

VC – Palantir Technologies,a Palo Alto, Calif.-based provider of big data fusion platforms for public and private-sector clients, has increased its Series K round of funding by $200 million, according to a regulatory filing. This brings the round total to $880 million, at a pre-money valuation of around $19.6 billion. www.palantir.com

PEG – Precision for Medicine Inc., a Chevy Chase, Md.-based provider of services for drug development and commercialization, has secured $75 million in growth equity funding from TPG Growth.

tpg capital

PEG – Providence Equity Partners has agreed to acquire Bitei Finance International BV, a mobile operator in Baltic countries, from Mid Europa Partners for an undisclosed amount. www.provequity.com

VC – Semantic Machines, a Newton, Mass.-based developer of conversation AI technology, has raised $12.38 million in new VC funding, according to a regulatory filing. Investors include Bain Capital Ventures and General Catalyst Partners.

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

Happy Networking,

ESPN 1700 JD Morris

JD Morris
General Partner
Red Hook Capital
Rancho Santa Fe, CA & Washington, DC

&

Vice Chairman
The Morris Team
Newport Beach, CA & Carlsbad, CA

 

 

Author: JD Morris

Learn more about JD Biography on LinkedIn: http://www.linkedin.com/in/jdmorris

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s