Acting on a belief that Western Canadian family businesses are ripe for the picking, and a new fund is poised to take advantage of this untapped market. Late last month, TriWest Capital Partners held a final closing on its debut fund, TriWest Capital Growth Fund Limited Partnership No. 1. The $57 million fund will focus […]
SAN FRANCISCO – Handspring, a company designing the next generation of personal digital assistants (PDAs), recently raised an undisclosed amount of capital in a first round of venture financing from Benchmark Capital and Kleiner Perkins Caulfield & Byers. The company’s founders, PalmPilot developers Donna Dubinsky and Jeff Hawkins, plan to make a more consumer-oriented product […]
SPEF, the merchant banking subsidiary of Groupe Banque Populaires, which has a 30% share of the French SME banking market, has launched a pre-IPO fund to capitalise on the leading market position and on SPEF’s close connections with Easdaq and specialist investment bank Quartz Capital Partners. The SPEF Pre-IPO European Fund held a first closing […]
The December sale of Richard Branson’s Virgin Radio to DJ and television presenter Chris Evans must surely rank as one of the highest-profile UK private equity transactions of the year. The deal, led by Apax Partners & Co and valued at GBP85 million (ecu 126 million) debt free, succeeded in the face of a higher […]