Pipeline + “I find that the harder I work, the more luck I seem to have.” – 2017-11-22


THINK: Hard word gets results! “I find that the harder I work, the more luck I seem to have.” – Thomas Jefferson

ACTION:  Just call 5 people today that you have been meaning to speak with for business.  No thinking and planning, just whoever come to mind!

BOTTOMLINE:  Make sure you work smart and then hard as doing the same thing over and over with no results is a very important rule.

EVENT: We will be having a more important two comma club meeting next month!  If you invested more than $1,000,000 USD in a private company in last 24 months, we want you to meet our club members that have done the same!

three-comma-club

PIPELINE 11-22-2017

• The Carlyle Group (NASDAQ: CG), agreed to acquire BenefitMall, a Dallas, Texas-based provider of employee benefits and payroll services, from an investor group led by Austin Ventures. Financial terms weren’t disclosed.

• TransferMate, an Ireland-based B2B payments provider, raised 30 million euros in funding. Investors include Allied Irish Banks.

• Locus Roboticsan Andover, Mass.-based provider of autonomous, mobile robots for use in ecommerce fulfillment warehouses, raised $25 million in Series B funding. Scale Venture Partners led the round.

• Candid Co., a New York-based startup developer of teeth aligners, raised $15 million in Series A funding. Investors include GreycroftBessemere.ventures, and Arena Ventures.

• Pixvana, a Seattle-based virtual reality technology startup, raised $14 million in Series A funding. Vulcan Capital led the round, and was joined by investors including Raine Ventures, Microsoft Ventures, Cisco Investments, Hearst Ventures and Madrona Venture Group.

• AISense, a Los Altos, Calif.-based artificial intelligence startup, raised $10 million in Series A funding. Horizons Ventures led the round, and was joined by investors including Draper Associates and Draper Dragon Fund, David Cheriton and Bridgewater Associates.

• Buildup, a Mountain View, Calif.-based mobile collaboration and task management platform for construction job sites, raised $7 million in Series A funding. Investors include TLV Partners, UpWest Labs, 01 Ventures, Abstract Ventures, as well as Check founders Guy Goldstein and Ahikam Kaufman.

• Sendwithus, a Canada-based communications management platform that enables organizations to streamline their email creation process, raised $5 million in Series A funding. BlueRun Ventures led the round, and was joined by investors including Initialized Capital and acequía capital. Existing investors Baseline Ventures, SV Angel, Maiden Lane, Y Combinator and Scott Banister participated.

DISCLAIMER:  This information is provided by AP, Bloomberg, Forbes, Fortune,  preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources.  Please check with the company website as this a beta blog and will not be updated.

Happy Networking and Investing,

Investor Network by JD

PIPELINE – Management Is Indispensable 2017-11-08


MANAGEMENT IS INDISPENSABLE  Whoever makes two blades of grass grow where only one grew before deserves better of mankind than any speculative philosopher or metaphysical system builder.

ACTION TO GET RESULT:  Come up with a few examples of why management, it competence, its integrity, and its performance, is so decisive to the free world (making the world a better place).
Mergers
Our motto is “Say Provocative statements that intelligent people argue about fast without dotting your I’s and crossing your T’s. As life is all about fun and results!” – JD Morris
PIPELINE

** Canada’s Whitecap Resources Inc and at least three other companies have submitted final-round bids for Cenovus Energy Inc’s Weyburn oil facility in a deal that could fetch about C$1 billion ($782 million), people familiar with the situation said on Tuesday.

** Australia-listed James Hardie Industries Plc said it would buy the German holding company of fiber gypsum board maker Fermacell GmbH from Xella International SA in a deal worth 473 million euros ($548 million).

** A Qatari investor is selling a 5 percent stake in top Indian telecoms carrier Bharti Airtel for about 95 billion rupees ($1.46 billion), adding to the sanctions-hit Gulf nation’s recent stake sales in foreign companies.

** Viacom Inc’s Paramount Pictures said a $1 billion films-funding deal with China’s Huahua Media has been scrapped after the Asian nation tightened foreign investment policies, the latest Hollywood-China tie-up to unravel due to Beijing’s scrutiny.

** Britain’s SSE and Germany’s Innogy agreed to merge their retail activities in Britain, cutting Britain’s big six energy providers to five and kicking off what is expected to be biggest European sector shakeout in years.

** China’s commerce ministry said it has granted conditional approval for Maersk Line’s planned acquisition of Hamburg Sud.

** China’s Tencent now holds a 12 percent stake in Snapchat operator Snap Inc, Snap said, turning over a 20 percent slide in the U.S. company’s share price after badly received third-quarter results.

** U.S private equity firm Stonepeak Infrastructure Partners’ acquisition of a majority stake in UK-headquartered internet service provider euNetworks will be backed with a 300 million euro leveraged loan, banking sources said. (Compiled by Diptendu Lahiri in Bengaluru)

Investor Network is partnering with riseSEA has access to who is who leaders that know private equity, venture capital, and who-is-who in the world.  Contact Victoria at INFO@RedHookCapital.co for your strategy session.

DISCLAIMER:  This information is provided by AP, Bloomberg, Forbes, Fortune,  preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources.  Please check with the company website as this a beta blog and will not be updated.solutions to hospitals nationwide.

Happy Investing and Networking,

The Investor Network Team

P.S. We still love Unicorns (.JPG by CB Insight 2017-09-18)

Unicorn by Country

Pipeline 2017-10-18- M&A – Unicorns are cool, but dragons overrule!


Sometimes we need to talk about the rubber hitting the road.  Unicorns are cool, but dragons overrule!  Here is a list of recent M&A as growth is great, but good exits are greater!

Our motto is “Say Provocative statements that intelligent people argue about fast without dotting your i’s and crossing your t’s. As life is all about fun and results!” – JD Morris

#ProvocativeStatement “Unicorns are cool, but dragons overrule, as investors care about returns” – JD Morris

Here are your daily deal / M&A deals for today:

** China’s Ningbo Jifeng Auto Parts Co wants to increase its stake in German automotive interiors maker Grammer AG to more than 25 percent, a source with knowledge of the situation told Reuters on Tuesday.

** Trucks and construction equipment maker Volvo said on Tuesday it had decided to end a sales process for its governmental sales business due to insufficient offers.

** Opposition was growing on Tuesday to U.S. private equity firm Bain Capital’s $1.35 billion offer to buy Asatsu-DK Inc as Hong Kong-based activist hedge fund Oasis Management Co joined other shareholders in Japan’s third-largest advertising agency in calling the offer too low.

** Russia’s biggest non-state gas producer Novatek will acquire a gas producing asset from Russia-focused fertiliser producer Eurochem as part of a new strategy, Novatek’s head Leonid Mikhelson told reporters on Tuesday.

** Austria’s Schoeller-Bleckmann Oilfield Equipment will have to pay more than expected to buy the rest of U.S. unit Downhole Technology, and it will post a pre-tax loss of roughly 78 million euros ($91.6 million) in the third quarter, it said.

** China has agreed take a 70 percent stake in a strategically important sea port in Myanmar, at the lower end of a proposed range amid local concerns about Beijing’s growing economic clout in the country, a senior government official said.

** Britain wants more say over deals in its military and technology sectors, as the government tries to prevent homegrown companies in sensitive industries from falling into foreign hands.

** Chinese private equity firm Hony Capital said on Tuesday it has agreed to buy a third of fashion brand Mr & Mrs Italy’s owner Duemmei, marking its first investment in the luxury industry amid a recovery in the sector.

** Brazilian steelmaker Gerdau SA could raise about 2 billion reais ($630.48 million) with the potential sale of rebar-producing facilities in the United States this year, newspaper Valor Econômico reported on Tuesday.

** Amneal Pharmaceuticals LLC is buying fellow generics drug maker Impax Laboratories Inc in an all-stock deal as a bulwark against a tough drug pricing environment.

** Software maker Synchronoss Technologies Inc said private equity firm Siris Capital Partners would buy its Intralinks Holding unit in a deal worth about $1 billion, higher than it previous offer.

** Airbus has agreed to take a majority stake in Bombardier’s troubled CSeries jetliner programme, securing the plane’s future and giving the Canadian firm a possible way out of a damaging trade dispute with Boeing.

** China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the flexibility to consider various options for its plan to float the world’s biggest oil producer on the stock market.

** Facebook Inc has acquired tbh, an app popular among teens, as the world’s largest social network looks to attract more users. #JDloves #DealofDay

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** Australia and New Zealand Banking Group Ltd said on Tuesday it is selling its pensions and investments business to IOOF Holdings in a A$975 million ($765 million) deal.

** China Foods Ltd said it would sell its wine and other non-beverage businesses to a unit of its state-owned parent COFCO Corp in a deal valued at HK$5.07 billion ($649 million) as it aims to focus on its beverage business. (Compiled by Vibhuti Sharma and Uday Sampath in Bengaluru)

DISCLAIMER:  This information is provided by AP, Bloomberg, Forbes, Fortune,  preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources.  Please check with the company website as this a beta blog and will not be updated

Happy Networking and Investing,

JD Morris, Your Host for Investor Network

 

 

Pipeline 2017-10-05 Through Back Thursday


Remember this is a BETA blog subject to change and new ideas!

THROUGH BACK THURSDAY VIDEO

PIPELINE / DEALS THAT CLOSE

TripActions is a corporate travel management company. The Menlo Park, Calif.-based company also announced partnerships with Expedia and Priceline. A Round $12 million with Lightspeed Venture Partners (Lead), Zeev Ventures

FogHorn is a path-breaking multi-tier IoT application deployment platform that efficiently bridges Information Technology. Series B for $30 million on October 4, 2017 by Intel Capital, and Saudi Aramco Energy Ventures

Bluecore is an automated marketing platform for e-commerce brands. The NYC-based company has more than 400 customers including Express, Staples, Blue Nile, and Sephora. for Series C for $35 million by Norwest Venture Partners – NVP (Lead), Felicis Ventures& FirstMark

23andMe is a human genome research company enabling users to study their ancestry, genealogy, and inherited traits raised F round for $250 million 09/05/2017 by Altimeter CapitalEuclidean CapitalFidelity InvestmentsSequoia Capital, and private investor.

DISCLAIMER:  This information is provided by AP, Bloomberg, Forbes, Fortune,  preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources.  Please check with the company website as this a beta blog and will not be updated.

Our motto is “Say Provocative statements that intelligent people argue about fast without dotting your i’s and crossing your t’s. As life is all about fun and results!” – JD Morris

Happy Networking and Investing,

 

Your Host JD Morris

investor-network

 

Pipeline 2017-10-04 Deals that close


BIG NAME INVESTOR DAY = UNICORN TO POSSIBLE DRAGONS

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IN THE PIPELINE /  IN ON DECK / DEALS THT CLOSE

SoftBank, alongside Dragoneer Investment Group, has agreed to invest between $1 billion and $1.25 billion in Uber at its ~$70 billion valuations. The group would also spend up to $10 billion to buy shares from existing investors at a lower valuation of about $50 billion (i.e. it not closed until the money is in the bank). BOTTOM LINE: Convertible debt with tough terms would have been cooler!

INFINIDAT, an Israel-based independent provider of petabyte-scale data storage solutions, raised $95 million in Series C funding at a $1.6 billion valuation. Goldman Sachs Private Capital Investing led the round, and was joined by investors including TPG Growth.  BOTTOM LINE: Win/Win as those are some amazing investors!

tpg capital

Roofstock, an Oakland, Calif.-based online marketplace for single-family rental home investing, raised $35 million in Series C funding. Canvas Ventures led the round, and was joined by investors including Lightspeed Venture Partners, Bain Capital Ventures, Khosla Ventures, Nyca Partners, QED Investors, and FJ Labs.

Frame.io, a New York-based collaboration platform for the video industry, raised $20 million in Series B funding, according to TechCrunch. FirstMark Capital led the round, and was joined by investors including Accel Partners, SignalFire and Shasta Ventures

Numetric, an Salt Lake City, Utah-based business intelligence tool provider, raised nearly $13 million in funding. Investors include Insight Venture Partners, EPIC Ventures, Tim Draper, and Aaron Skonnard of Pluralsight.

DISCLAIMER:  This information is provided by AP, Bloomberg, Forbes, Fortune,  preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources.  Please check with the company website as this a beta blog and will not be updated.

 

 

 

Deal that close – 2017-09-28


Through Back Thursday Video

 

DEAL THAT CLOSE (A BUFFET)

• SpotRight, a Little Rock, Ark.-based audience insights and targeting platform for brands and agencies, raised $6.75 million in funding. Investors include TechOperators and Silicon Valley Bank.

silicon valley bank

• PatientSafe Solutions, a San Diego, Calif.-based provider of mobile clinical workflow and communication services, raised $25 million in funding. HighBar Partners led the round, and was joined by Merck Global Health Innovation Fund, Camden Partners, Psilos Group and TPG.

tpg capital

•  Onfidoan identity verification provider, raised $30 million in funding. Crane Venture Partners led the round and was joined by investors including Microsoft Ventures and  Salesforce Ventures.

• Royole Corp, a China and California-based maker of human-machine interface technologies and products, raised $800 million in Series D funding. This figure includes $240 million in equity financing from Warmsun Holding Group, Hanfor Capital, SPD Bank, Zhonghai Shengrong Capital, and TanShi Capital; and $560 million in debt financing from Bank of China, Industrial and Commercial Bank of China, China CITIC Bank, Agricultural Bank of China, and Ping An Bank.

DISCLAIMER:  This information is provided by AP, Bloomberg, Forbes, Fortune,  preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources.  Please check with the company website as this a beta blog and will not be updated.

.JPG OF THE DAY

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OnDeck 2017-09-23 (Deals that close)


Join us in Napa for some find food, great people, and buffet of deals (not Buffett)  Contact Victoria at info@RedHookCapital.co anytime.

Here are some deals we find interesting that recently closed!

DISCLAIMER:  This information is provided by AP, Bloomberg, Forbes, Fortune,  preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources.  Please check with the company website as this a beta blog and will not be updated. Deals go from Big to Bigger!

• ShoCard, a Palo Alto, Calif.-based blockchain-based identity management system, raised $4 million in funding. Morado and AME Cloud Ventures led the round, and were joined by investors including Storm Ventures, Danhua Capital, Correlation Ventures, Recruit Strategic Partners and Robert Tinker.

• Landos Biopharma, a Blacksburg, Va.-based emerging biopharmaceutical company, raised $10 million in Series A funding. Perceptive Advisors led the round.

• Flexport, a San Francisco-based provider of online customs brokerage and freight forwarding services, raised $110 million Series C at an $800 million pre-money valuation, according to TechCrunch. Investors include DST. Read more.

 General Electric Co is nearing a deal to sell its industrial solutions unit to ABB Ltd(SWX:ABBN) in a deal valued at $2.5 billion to $3 billion, according to Reuters.

• ZhongAn Online Property and Casualty Insurance, China’s first online-only insurer based out of Shanghai, has raised $1.5 billion in a Hong Kong offering. The company plans to debut on the exchange Sept. 28. Back in October, ZhongAn choose Credit Suisse, J.P. Morgan, and UBS to carry out the deal in the mainland—but paused due to regulatory hold ups. The company is backed by Chinese giants Tencent Holdings and Alibaba spinoff Ant Financial. Reuters

Happy Networking and Investing,

JD Morris

JD Morris

Join me on LinkedIn: https://www.linkedin.com/in/jdmorris/