Deal that closed plus profile of ABS Capital Partners


If you have a great deal (i.e. great vs. good), let me introduce you to one of my friends that is a partner in Venture Capital, Private Equity, or other types of investors.  Learn more about JD Morris:  http://www.linkedin.com/in/jdmorris

DEALS THAT CLOSED:

  • Advantage Sales and Marketing Acquired Action West Group
  • Arthur J. Gallagher & Co Acquired CharterLakes Marine Insurance
  • Belden Inc. Acquired Project Performance Corporation
  • Bergmann Associates Acquired Gantt Huberman Architects
  • Finn Partners Acquired M. Silver Associates Inc
  • Furmanite Corporation Acquired ENGlobal Corporation
  • HealthEdge Acquired Click4Care Inc
  • Highlander Partners, L.P. USA Acquired Custom Window Systems, Inc.
  • Liberty Interactive Corporation Acquired TripAdvisor Inc
  • Navitas System USA Acquired A123 Systems
  • Outbrain Inc Acquired Scribit
  • PERNIX Therapeutics Acquired Somaxon Pharmaceuticals, Inc
  • Rhino Linings Corporation Acquired BioBased Insulation LLC
  • Sutherland Global Services Acquired Apollo Health Street Ltd
  • Trio Merger Corp Acquired SAExploration
  • Uni-World Capital L.P. Acquired VanDeMark Chemical, Inc.
  • Watchdox Inc Acquired InstallFree, Inc

PROFILE OF ABS CAPITAL PARTNERS:

ABS Capital

Learn more: http://www.abscapital.com

ABS INVESTMENT CRITERIA:

– Revenues greater than $20 million
– Capacity for revenue growth greater than 25%
– Where a $10 to $50 million investment allows for active partnership

THE DEAL RED HOOK CAPITAL MISSED:

ARLINGTON, VA — February 23, 2012 – Rosetta Stone Inc. (NYSE:RST), a leading provider of technology-based language-learning solutions, today announced that its Board of Directors has named Stephen M. Swad as President and Chief Executive Officer, effective immediately.

“Steve has become a key operating executive at the company and established a close working relationship with the Board and the Rosetta Stone team, with positive involvement in major initiatives and strategic decision-making since he joined Rosetta Stone in November 2010,” said Rosetta Stone Inc. Chairman of the Board, Laurence Franklin. “Steve has been instrumental in establishing the infrastructure, management and processes to position Rosetta Stone to execute on the company’s worldwide growth objectives. Steve has also been active in corporate strategy over the past year and has instituted a robust discipline and rigor surrounding the company’s decision making.”

Read more: http://www.abscapital.com/news/portfolio-company-rosetta-stone-inc-elevates-stephen-m-swad-to-president-and-chief-executive-officer/

PROFILE OF DERIC EMRY (from LinkedIN):

I assist growth companies in the media and communications industry on behalf of ABS Capital Partners. We provide “growth equity” investments of $10-40 million. ABS defines growth stage companies as those growing at a rate of 30% or greater and with trailing revenues of at least $10-20 million. I am interested in compelling companies run by experienced executives that are participating in the transformation of advertising spend and content delivery.

Read more from website: http://www.abscapital.com/our-team/#deric-emry

FROM JD MORRIS:

Investor Network by JD

  1. ABS Capital Partners is a great private equity and I will not hold it against them for for beat me to buying Rosetta Stone due to my strategy of buying with the the management team.
  2. We will be hosting Investor Network Event Jan. 9th in San Diego, CA and a live Webinar. To learn more: https://accreditedinvestornetwork.wordpress.com/2012/12/08/investor-network-deals-and-investors-night/

Happy Networking and Investing,

JD Morris headshot

JD Morris

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

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Profile of Edison Ventures (new fund, great GP, and closing deals)


If you have a great deal located in the Mid-Atlantic (key word is great vs. good), then you need to meet Gary Golding with Edison Ventures.  Contact me at jdm.networking@gmail.com should you want an introduction for your great deal to great partner of a great fund! Visit me on LinkedIn:  http://www.linkedin.com/in/jdmorris

PROFILE OF EDISON VENTURES:

edison Ventures Logo

GENERAL PARTNER GARY GOLDING (from website):

“Dealmaker” is more than just a job description for Gary, as he is a recipient of the Dealmaker of the Year Award—recognition of substantial success by the Association for Corporate Growth.

Gary directs the Virginia investment team, leading by example. He further shares his knowledge with frequent speaking engagements and professional memberships.

With beginnings in marketing and business development, Gary made his first investment in 1987. His career as a venture capitalist has continued ever since, showing that personal innovation is the key to achieving great results.

Read More: http://www.edisonventure.com/our-team/team-profiles/gary-golding/

RECENT DEAL (from press release):

Edison Ventures proudly announces leading $10M growth financing of Magnetic. New York–based Magnetic is an emerging advertising leader in search retargeting for brands, media agencies and direct marketers. Edison’s $8.0M investment accelerates national sales expansion, fuels product innovation and increases vendor partnerships domestically and abroad. Co-investors include Charles River Ventures, IA Capital Partners, Neu Venture Capital, NYC Seed and NYC Investment Fund.

Read More: http://www.edisonventure.com/assets/Uploads/Magnetic-Investment-initial-investment-final.pdf

NEW FUND (from press release):

Edison Ventures is pleased to announce the final closing of Edison Venture Fund VII at 249 million. Limited Partners include pension funds, financial institutions, endowments, family offices and fund of funds.

Edison VII is off to a fast start, already investing $55M in 10 portfolio companies. The portfolio delivered outstanding performance in 2011 with 50% revenue growth and current fair value rising to 1.4X investment cost.

Read More: http://www.prweb.com/releases/2012/2/prweb9234138.htm?PID=4166869

Profile of Platinum Equity plus list of recent M&A deals in December!


Here is today’s list of M&A deals that closed recently:

  • Amgen, Inc Acquired deCODE genetics
  • Golden Gate Capital Acquired Ex Libris
  • Gores Technology Group LLC Acquired Harris Broadcast Communications
  • Group 1 Automotive, Inc Acquired Rivertown Ford
  • Heartland Financial USA, Inc. Acquired Heritage Bank
  • Hertzbach & Company, P.A. Acquired Connor & Loubier CPAS, LLC
  • InComm Acquired Adility
  • Intermec Inc. Acquired Honeywell International Inc
  • Laurus Corporation Acquired Sofitel
  • The Clark Group Inc. Acquired Preprint Logistics Management Inc
  • VizStar, Inc Acquired Kimberly Parry Corporation
  • William Lyon Homes Acquired Village Homes

If you have a great deal (i.e. great vs. good), let me introduce you to one of my friends that is a partner in Venture Capital, Private Equity, or other type of investor.  Based on the Gores Technology Group LLC deal, I picked his brother’s company Platinum Equity to profile.  Contact me at jdm.networking.com to let me tell you why I love this private equity firm and how Roger House can fast track your deal to get done in under 45 days!

PROFILE OF PLATINUM EQUITY:

Platinum Equity

KEY CONTACT ROGER HOUSE (from Platinum’s website):

Roger House established and currently oversees all of Platinum’s new acquisition screening efforts and its department of associates. He is responsible for driving growth through acquisitions, analyzing and assessing opportunities, managing the transaction process and working with the Business Development department to coordinate overall M&A&O  strategy.

Prior to joining Platinum Equity in 1997, Mr. House was an executive in the office products industry. Mr. House also provided consultation and project management services to Platinum Equity Chairman and CEO Tom Gores in the formal establishment of Platinum.

Mr. House graduated from Pennsylvania State University with a B.S. in Finance.

RECENT PLATINUM EQUITY DEAL (from press release):

Peoria, Ill. – Catepillar Inc (NYSE: CAT) and Platinum Equity announced today that Platinum Equity’s acquisition of a majority interest in Caterpillar Logistics Services has been completed. Caterpillar will retain a 35 percent equity stake in the business. The overall transaction is valued at approximately $750 million.

Caterpillar Logistics Services is the third party logistics division of Caterpillar’s wholly owned subsidiary, Caterpillar Logistics Inc. (Cat Logistics). Platinum intends to establish the business as a standalone company under a new brand that will be announced at a later date.

Read More: http://www.platinumequity.com/news/697/caterpillar-completes-sale-of-third-party-logistics-business-to-platinum-equity

NEW FUND UPDATE:

Platinum Equity , the Los Angeles-based buyout firm that owns a stake in the Detroit Pistons , has closed on $1.75 billion so far for its third buyout fund, according to two people with knowledge of the fund.

Read More: http://finance.fortune.cnn.com/tag/platinum-equity/

LEARN MORE ABOUT PLATIUM EQUITY: http://www.platinumequity.com/

cropped-banner-investor-network

M&A Deals that closed recently plus profile of ClearLight Partners


Let us help you look at deals that closed in your space.  Here is a list of deals just announced:

  • Birko Corporation Acquired Espy Technologies Inc
  • Borden Hamman Agency Inc Acquired Barry J. Fisher Insurance Marketing Inc
  • C.J. Brown Realtors Acquired M.A. Allen
  • Hanger Orthopedic Group Inc Acquired Faith Prosthetic-Orthotic Services Inc
  • Hanger Orthopedic Group Inc Acquired SCOPE Orthotics & Prosthetics
  • Jannsen & Company Acquired TBG Networks
  • Max Sound Corporation Acquired Liquid Spins Inc
  • Perdue Partners LLC Acquired Benton Express, Inc.
  • Quad/Graphics Acquired Vertis Inc.
  • Rocket Farms Inc Acquired Herbthyme Farms

Do you have $4 million plus in EBITDA?  Let us introduce you to partner at private equity firm such as ClearLight Partners.  Just check my LinkedIn profile for great introductions: http://www.linkedin.com/in/jdmorris 

clearlight

ClearLight Partners LLC Profile:

ClearLight’s heritage, dating back to the 1980’s, consists of investing in and then growing a diverse collection of operating businesses on behalf of a large, highly regarded public company. As operators, we successfully grew small companies into mid-size market leading companies. We also developed many successful investments as a holding company. Through these experiences, we developed a strong, long-term relationship with our investor, who nearly three decades later remains our sole limited partner. The backing, agility and autonomy provided by this structure has proven effective in positioning ClearLight as a different sort of capital partner – unusually patient and operator-centric – for growing middle-market companies.

As the capital partner for a growing business, we seek to:

• Serve as a thoughtful and experienced sounding board for
discussing management’s ideas
• Help management respond to challenges and opportunities with
understanding, fresh ideas and a long-term viewpoint
• Invest in building lasting value and growing profits

To date, our principals have partnered with over 30 privately held businesses. Our team of investment professionals has assisted these businesses and their management teams in reaching a variety of objectives:

• Diversifying family wealth and providing shareholder liquidity
• Facilitating leadership succession
• Accelerating internal and external company growth
• Developing strategic plans
• Creating potential tax advantages from financial structure
• Accessing high-level contacts and best practices

Learn more at:  http://www.clearlightpartners.com

TopAlphaCapital deal being pitched at Jan. 9th deal night!


PRESS RELEASE Join Release, Red Hook Capital and TopAlphaCapitl

San Diego, CA – December, 10th 2012

Red Hook Capital is please to announce that TopAlphaCapital will allowing accredited investors to co-invest with them in their portfolio company, Starcom Systems, in the next series of investing.  An overview of the deal will be provide at the Investor Network Conference on January 9th in San Diego, CA.

Red Hook Capital will host an Investor Conference to provide deals to accredited investors and institutional investors.  Investor Network’s event provides Red Hook Capital an opportunity to help great deals that do not meet our $5 million plus in EBITDA requirement.  JD Morris of Red Hook Capital, says “We are happy to present Starcom Systems at our conference and very happy that TopAlphaCapital continues to share with us great investment opportunities.”

Asaf Poral of TopAlphaCapital, says “We provide capital to Starcom Systems under our convertible debt program and have converted our debt to equity after seeing continued positive results for Starcom Systems with our first investment earlier this year.”   Starcom Systems offers GPS location based services and products.  For example, Watchlock is a clever combination of a high security padlock and an electronic alarm system, that provide information about its location, any opening and closing of the lock as well any attempt t o break the lock.  A real time alert and monitoring worldwide.

To RSVP for the event send e-mail to jdm.networking@gmail.com plus we have room for two more deals. More information at:  https://accreditedinvestornetwork.wordpress.com/investor-network-event/

About Red Hook Capital

We provide to private companies creative capital, structured for each investment opportunity. Our wealth of experience, industry expertise, deep operating skill sets and large global network of affiliated partners position us as a vital resource from which management can draw strategic, financial and operational guidance. www.RedHookCapital.com

About Starcom Systems

Starcom Systems is a global company specializing in easy-to-use, practical wireless solutions for the protection and management of people, fleets of vehicles, containers and assets. Starcom Systems’ solution, like the GPS tracking systems, combines advanced technology, telecommunications and digital data. The systems provide an integral and complete solution, consisting of unique software and innovative equipment.

About TopAlphaCapital

TopAlphaCapital is a boutique financial services company providing a complex of services, dealing directly and through subsidiaries in the following fields: nostro account investments in public and private companies, capital raising, brokerage services, distribution services, reverse mergers to public shells, bridge loans and investment banking.  TopAlphaCapital specializes in locating and investing in growth stage companies in Israel.

 

topalphacapital logo

Deals do happen in December plus profile of BlueRun Ventures


Deals do get done in December.  Have a great deal? What an introduction to BlueRun Ventures or many of our other VC and Private Equity friends? Just check my LinkedIn profile for great introductions:http://www.linkedin.com/in/jdmorris 

SAMPLE OF DEALS FUNDED THIS MONTH:

  • AppFirs $8.7 million Series B round
  • ClickFuel $4 million Series B round
  • Cloudera $65 million series E round
  • Flexion Therapeutics Inc. $25 million series B round
  • Kapow Events $1.6 million series A round
  • Kona Medical $10 million series C round
  • Restore Medical Solutions $2.5 million A round
  • Zafgen $21 million series D round

PROFILE OF BLUERUN VENTURES:

Image

About BlueRun Ventures:

BlueRun Ventures is an early stage venture firm focused on mobile opportunities in key global markets.  Since inception, BlueRun has focused on working with mobile startups to shape the ever-evolving ecosystem.  We choose key geographic markets where mobile is a driving force in the way consumers and businesses interact with each other.  Today, we have offices in Menlo Park, Beijing, Shanghai, and Seoul.

Mobile today

Mobile is today’s pervasive computing platform and will only continue to grow, overtaking desktops and traditional software.  At BlueRun, we think of the mobile ecosystem as more than just devices.  Mobile embodies software and services, platforms and applications, infrastructure and brands.  It is the first and most often used computing interface for consumers and therefore integral to their lives.  The opportunities we see in the ecosystem are just beginning to unfold and we look for passionate entrepreneurs who will make those opportunities a reality.

How we work

We focus on early stage opportunities and we work actively with our companies to build value.  The investment is just the beginning.  Our investments are partnerships and we help our entrepreneurs reach their goals of bringing disruptive,positive change to existing markets.

Learn more:  http://brv.com/about/

Blue Run Venture Investments

Funding Deals of the Day! Plus news on VC GroTech Ventures!


  Metro Area City Industry Spending On
DURECT Corporation Bay Area, CA Cupertino, CA Bio/Health $12.6M;Undisclosed
Webster Financial Corporation Hartford, CT Waterbury, CT Finance $100M;Undisclosed
Agree Realty Corporation Detroit, MI Farmington Hills, MI Finance $25M;Undisclosed
Omega Healthcare Investors, Inc Baltimore, MD Timonium, MD Finance $700M;Multiple
Biomatrica Inc San Diego, CA San Diego, CA Services $5M;Undisclosed
Cloudera Inc Bay Area, CA Palo Alto, CA Software $65M;Fund Global Expansion
Cliffs Natural Resources Inc Cleveland, OH Cleveland, OH Energy $500M;Multiple
AppFirst New York City, NY New York City, NY Software $8.7M;Multiple
MGM Resorts International Las Vegas, NV Las Vegas, NV Services $1250M;Multiple
Avelas Biosciences Bay Area, CA La Jolla, CA Bio/Health $7.65M;Advance Avelas Cancer Illuminator
Moderna Therapeutics, Inc. Boston, MA Cambridge, MA Bio/Health $40M;Advance Development Of New Biotherapeutic Mod
Naya Ventures Dallas, TX Irving, TX Finance $50M;Undisclosed

Contact me at jdm.networking@gmail.com for a list of closed funding in your space or more information on the above deals. Need an introduction to VC firm, contact me at jdm.networking@gmail.com as we can introduce you to VC Partners as firms such as GroTech Ventures.

GROTECH VENTURES IN THE NEWS:

Grotech Ventures – a Mid-Atlantic venture capital firm – has been selected as the first private venture firm to receive funds to invest through Maryland’s $84 million InvestMaryland program. As part of the agreement, Grotech Ventures will have $12 million to invest in promising early-stage companies and, if successful, will return 100 percent of the principal and 80 percent of the profits to the State’s general fund. Created by Governor O’Malley and passed by the Maryland General Assembly in 2011, InvestMaryland is an historic initiative to fuel Maryland’s Innovation Economy, support entrepreneurs and stimulate the economy and job creation.

“We look forward to working with a high-caliber firm like Grotech Ventures to strengthen Maryland’s Innovation Economy,” said Governor O’Malley. “Through partners like Grotech and other venture firms that will invest these funds in the jobs of tomorrow, we continue to prove that Maryland remains on the cutting edge of innovation, and that our greatest assets are the talents, skills, creativity, ingenuity, and education of our people.”

“The Maryland Venture Fund Authority, in partnership with the Department of Business and Economic Development, selected Grotech because of its long history investing in early-stage technology companies in Maryland and overall solid record of investment,” said Greenleaf, who is also President of Gaithersburg-based MedImmune. “The State’s investments through InvestMaryland will help attract significant follow-on capital from the private sector, create well-paying jobs and support a wide range of companies in biotechnology, information technology, green energy and other targeted industries.”

Read More: http://www.equities.com/news/headline-story?dt=2012-12-06&val=800263&cat=finance