Stratix Corporation, a portfolio company of Grey Mountain Partners and a provider of managed mobile IT services, has sold its software division to ServicePower Technologies, a provider of field management software. The sale includes the Stratix field services mobile application development team, intellectual property and existing field service software contracts. Stratix Corporation provides enterprise mobile […]
Archives for February 22, 2013
Greenlight Makes Pitch for Apple to Issue Preferred Stock
Ahead of Apple’s annual shareholder meeting scheduled for February 27th, David Einhorn, the CEO of hedge fund Greenlight Capital, made a presentation to Apple shareholders yesterday presenting Greenlight’s concept for Apple to issue a new series of preferred stock. We have a link to a free copy of Greenlight’s 53 page presentation at the end […]
Battery Ventures Closes Two Funds Totaling $900 Million
Battery Ventures has closed two new funds, Battery Ventures X (BV X) at its $650 million target, and Battery Ventures X Side Fund (BV X Side Fund) at its $250 million target. The firm’s last fund, Battery Ventures IX with $750 million in capital commitments, closed in March 2010. “The landscape has changed dramatically over […]
Energy Capital Partners Raises $805 Million For Mezzanine Fund
Energy Capital has held a final close of Energy Capital Partners Mezzanine Opportunities Fund, LP at $805 million in total commitments, significantly exceeding the fund’s $500 million target. The new fund was formed in response to a strong flow of attractive debt and preferred equity opportunities seen in the normal course of deal screening for […]
Gridiron Capital Promotes Two
Gridiron Capital has promoted Kevin Jackson to Managing Director and William Hausberg to Vice President. “Kevin and Will both bring strong experience and a record of success to Gridiron. We are excited about their growth since joining the Gridiron Team and look forward to them taking on more responsibility at the firm. They are both […]
