Spring & Sprout buys Rising Stars Pediatric Dentisty

Spring & Sprout Dental Holdings, a portfolio company of Huron Capital Partners LLC, has agreed to buy Rising Stars Pediatric Dentistry. Financial terms weren’t announced. Austin-based Rising Stars provides pediatric dentistry. PRESS RELEASE DETROIT, Sept. 28, 2015 /PRNewswire/ — Huron Capital Partners LLC (“Huron Capital”) announced today that its portfolio company,Michigan-based Spring & Sprout Dental Holdings (“Spring & Sprout”), has entered into an affiliation with Austin, Texas-based Rising Stars Pediatric Dentistry (“Rising Stars”), marking a significant geographic expansion of the Spring & Sprout business. Spring & Sprout was founded in 2014 as a Huron Capital ExecFactor® partnership with CEO and dental industry veteran Michael Schwartz. Since that time, Spring & Sprout has completed 6 affiliations in Michigan, Ohio, Tennessee, and now Texas. “The addition of Rising Stars continues the expansion of our footprint into Austin and the state of Texas – a highly attractive market for Spring & Sprout,” said Michael Schwartz. “We have plans to continue our expansion efforts in Texas, and Rising Stars is an excellent start to this strategy.” “We believe the dental services market shows great promise and we’re excited about this next step for Spring & Sprout,” said Nick Barker, Partner at Huron Capital. “We are excited to continue working with Michael and the team in our efforts to further expand the Spring & Sprout brand.” About Huron Capital Partners Based in Detroit, Huron Capital is an operationally-focused private equity firm with a long history of growing lower middle-market companies through our proprietary ExecFactor® buy-and-build investment model. We prefer complex situations where we can help companies reach their full potential by combining our operational approach, substantial capital base, and transaction experience with seasoned operating executives. Founded in 1999, Huron Capital has raised over $1.1 billion in capital through four committed private equity funds and invested in over 100 companies, and our portfolio companies have employed over 7,500 people throughout North America. The Huron Capital ExecFactor® buy-and-build investment model includes equity recapitalizations, family succession transactions, market-entry strategies, corporate carve-outs, and management buyouts of companies having revenues up to $200 million. Huron Capital’s sector focus includes specialty manufacturing, business services, consumer goods & services, and healthcare. For more information, please visit www.huroncapital.com. About Spring & Sprout Dental Holdings Spring & Sprout is a dental support organization formed to provide practice support services to dental specialists in Pediatric Dentistry and Orthodontics. With offices in Michigan, Ohio, Tennessee, and Texas, the Spring & Sprout network of specialists is dedicated to giving children healthy smiles from birth to braces. For more information, visit springandsprout.com.

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Spring & Sprout buys Rising Stars Pediatric Dentisty

Digital marketing software company Wayin nabs $15.4 mln

Denver-based digital marketing software provider Wayin has raised $15.4 million in funding. The investors included U.S. Venture Partners and Daid Duffield, co-founder and chairman of Workday. PRESS RELEASE DENVER – September 25, 2015 – Real-time digital marketing software company Wayin has secured $15.4 million in new funding from influential investors in the technology community. This new round includes funding from a variety of notable technology entrepreneurs and investors, led by an undisclosed new investor with participation from others, including new investor David Duffield, founder of PeopleSoft and co-founder and Chairman of Workday, Inc., and existing investors such as U.S. Venture Partners, Hasso Plattner, founder of SAP, and Wayin Chairman and CEO Scott McNealy. The additional funding validates the value and growing importance of real-time marketing and the integration of authentic user-generated content into the marketing mix as a part of driving bottom-line business goals. After focusing the past two years on mastering the best way to leverage the persuasive power of user-generated content through the development of a marketing platform that allows marketers to discover and use the best social media content from consumers, the funding will play a major role in helping the company continue to expand its capabilities and scale for additional growth. Specifically, the new investment will be used to fund growth in the domestic and international Sales force, as well as the Engineering department, increasing creative talent headcount for Wayin Studio services and further international expansion. A recognized leader in real-time digital marketing capabilities, Wayin integrates with public Twitter, Facebook, and Instagram content to give marketers and media companies a powerful technology to find the most compelling social content and trends to build authentic consumer interest and persuade action. Wayin continues to be well positioned to take advantage of the rapidly growing marketing technology industry and serve the evolving needs of today’s marketers at big-name brands, such as Walgreens, MLB, The Weather Channel, Logitech, Blizzard Entertainment and Mashable. This announcement comes on the heels of co-founder and Chairman Scott McNealy taking a more active role in the company to help it scale for growth. Scott’s previous experience in leading aggressive expansion of technology companies and his proven leadership track record at Sun Microsystems has been a leading factor in propelling the company into its next stage of growth. Wayin has consistently grown year-over-year sales by 250 percent over the past two years and recently announced several partnerships with major companies such as Klout, among others. “Real-time digital marketing is at a critical tipping point where it’s going beyond just a part of a marketing campaign strategy and becoming imperative as its own product category,” said McNealy, Chairman and CEO, Wayin. “Being at the center of this evolving market, we couldn’t be more excited to be able to work with some of the tech industry’s most notorious leaders to make this next phase of growth a reality.”

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Digital marketing software company Wayin nabs $15.4 mln

Polish postal firm InPost sets IPO price at PLN 25/shr: Reuters

Polish private postal firm InPost set its Initial Public Offering (IPO) price at 25 zlotys per share and its main shareholder Grupa Integer.pl sold shares worth 121 million zlotys ($32 million), InPost said on Friday. The IPO consisted of 4.85 million existing shares that amounted to 42 percent of the company’s capital, all offered by Integer.pl. Institutional investors, including European Bank for Reconstruction and Development (EBRD), subscribed for almost 83 percent of shares. InPost is to debut on the Warsaw bourse on October 9.

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Polish postal firm InPost sets IPO price at PLN 25/shr: Reuters

SevOne racks up $50 mln Series C

SevOne, a provider of digital infrastructure management solutions, has raised $50 million in Series C funding. Westfield Capital Management and Bain Capital Ventures led the round with participation from Brookside Capital, HarbourVest, VT Technology Ventures and Osage Venture Partners. PRESS RELEASE BOSTON–(BUSINESS WIRE)–SevOne, the leading global provider of digital infrastructure management solutions, today announced a $50 million Series C financing round led by Westfield Capital Management and Bain Capital Ventures. Brookside Capital, HarbourVest, VT Technology Ventures, and Osage Venture Partners also participated in this round. SevOne will use the financing to accelerate its growth through new technologies and markets, meeting the growing demands of organizations transforming their business for the always-on mobile economy and the Internet of Things (IoT). The funding comes at a time when mobility sits at the heart of a new and vibrant ecosystem that is uniting the digital and physical worlds. New mobile and broadband connectivity, coupled with ever-expanding virtualized cloud services, are driving the mobile economy and creating a flood of data. Organizations are continually under pressure to interpret this data to unlock real-time business opportunities, reveal competitive differentiators, or optimize everyday operations. Legacy management solutions weren’t built for the mobile economy, and simply can’t provide the power required to deliver real-time insight and business value. The patented SevOne Cluster™ architecture solves this fundamental problem, arming the world’s top carriers and enterprises with solutions to harness the power of their digital infrastructure and deliver on the promise of the mobile economy. “We are thrilled to invest in SevOne and help them continue on their rapid growth trajectory,” said Will Muggia, CEO of Westfield Capital Management. “We believe their massively scalable data aggregation platform, which is being used by the world’s largest enterprises and service providers, is highly differentiated and disruptive to the digital infrastructure management market.” Bain Capital Ventures originally invested in SevOne in 2012. The funding fueled the expansion of the company’s alliance network and product ecosystem to support the customer journey to new mobile technologies (4G LTE) and the rapid adoption of virtualization technologies such as software-defined networks (SDN), network functions virtualization (NFV), and software-defined data centers (SDDC). Since that time, SevOne has matured its global leadership position in several key markets, including: 40% of the top technology companies 50% of the top fixed and mobile broadband carriers 60% of the top investment services firms “SevOne’s patented architecture is transforming the way the world’s largest enterprises and service providers are managing their digital infrastructure,” said Ben Nye, Managing Director at Bain Capital Ventures. “The company’s rapid growth is driven by forward-thinking companies needing to collect all the data across their end-to-end digital infrastructure in support of mission-critical services.” SevOne is poised for another year of rapid growth. The company continues to invest in its Delaware roots, constructing a 48,000 square foot, state-of-the-art research and development center on the University of Delaware’s Science, Technology and Advanced Research (STAR) Campus in Newark, Delaware. The STAR campus facility opens in October, and will build upon the company’s vision of developing next-generation technologies and pushing the boundaries of digital infrastructure management for SevOne customers. “The opportunities and challenges of managing digital infrastructures have never been greater,” said Jack Sweeney, SevOne CEO. “SevOne is uniquely positioned to capitalize upon this demand, allowing the world’s largest datacenter and network operators to unlock the true business potential of their digital infrastructure.” For more information, please visit www.sevone.com. About SevOne SevOne is the leading global provider of digital infrastructure management solutions. The patented SevOne Cluster™ architecture arms today’s largest data center and network operators with solutions to harness the power of their digital infrastructure and deliver real-time knowledge and insights. With a new state-of-the-art research and development center on the University of Delaware’s Science, Technology and Advanced Research (STAR) Campus, SevOne has additional offices in Boston, Philadelphia, London and Bulgaria. Backed by Westfield Capital Management, Bain Capital Ventures, Brookside Capital, HarbourVest, VT Technology Ventures, Osage Venture Partners, SevOne was named a Visionary in Gartner’s 2015 Magic Quadrant for Network Performance Monitoring and Diagnostics. More information can be found at www.sevone.com. Follow SevOne on Twitter at @SevOneInc. About Westfield Capital Management Company, L.P. Westfield Capital Management Company, L.P., founded in 1989, is an SEC-registered investment adviser that specializes in providing quality investment management services to institutions and wealthy individuals. The firm supervises domestic growth equities, with products focusing on each segment of the capitalization spectrum. Its investment professionals employ a disciplined fundamental approach to research, yet the investment process is designed to be flexible and responsive to changes and opportunities in the market. Bain Capital Ventures Bain Capital Ventures (BCV) provides seed through growth capital for companies focused on technology and technology-enabled services primarily for enterprise customers. BCV invests across stages in leading infrastructure and application software businesses. Select BCV investments include BloomReach, BillTrust, Docusign, Gainsight, Infusionsoft, Kiva Systems, LinkedIn, Optimizely, Rapid7, SolarWinds, SurveyMonkey. TellApart and VMTurbo. As the venture capital affiliate of Bain Capital, a leading global alternative assets firm, BCV has partnered with more than 200 companies since 1984 to start, build, commercialize and grow their businesses. BCV has approximately $3 billion of assets under management and has offices in the Bay Area, New York City and Boston. Follow BCV at @BainCapVC or visit the website at www.baincapitalventures.com. About Brookside Capital Founded in 1996, Brookside Capital is one of the world’s leading global long/short hedge funds and is part of Bain Capital. Our experienced team consists of industry oriented professionals, many of whom bring management consulting or direct operating experience as part of their experience set. We are principal investors and we employ a fundamental bottom-up research process to identify the best long-term investment opportunities across the globe. Our analysis focuses on industry attractiveness, competitive positioning and overall management capability. About Osage Venture Partners Osage Venture Partners (OVP) is a venture capital firm located just outside of Philadelphia, PA that invests in early-stage business-to-business (B2B) software companies headquartered on the East Coast. OVP raised its first fund in 2005, and has invested almost exclusively in B2B software companies since that time. With over $100M under management, OVP seeks to invest in determined and creative entrepreneurs and provide them with the assistance required to build high growth businesses. For more information, visit www.osagepartners.com/ventures.

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SevOne racks up $50 mln Series C

Baird Capital-backed Kason acquires Kek-Gardner

Baird Capital portfolio company Kason Corp has acquired Kek-Gardner Ltd. No financial terms were disclosed. Based in the UK, Kek-Gardner is a maker of sifting, mixing and size reduction equipment. PRESS RELEASE Kason Corporation, a US-based manufacturer of screening, sifting and fluid bed processing equipment, has acquired Kek-Gardner Ltd., a UK-based manufacturer of sifting, mixing and size reduction equipment, it was announced by Kason CEO Jonathan Weiner. “The acquisition of Kek-Gardner expands Kason’s global reach while broadening its portfolio of solutions-based equipment and systems for pharmaceutical, food, dairy, chemical, plastics and powder coating applications,” says Weiner. Kason becomes the world’s largest manufacturer of centrifugal sifting equipment, produced by both companies, and adds mixers, blenders, reactors, kibblers, cone mills, universal mills, air classifier mills, vertical sifters and solid-liquid separators to the equipment line offered through its Millburn, NJ headquarters. Kek-Gardner management and manufacturing, located 25 miles south of Manchester, England will oversee Kason’s European Operations. Both companies are recognized for manufacturing excellence and technical support, earning certifications from the USDA, FDA, BISSC, CE, ATEX cGMP, 3-A and other accrediting bodies. “Kason has long been a world leader in vibratory and centrifugal screening and in fluid bed drying technology,” explains Weiner, adding, “We increased the size and capacity of the Millburn facility by one-third in 2013 and have achieved two consecutive years of double-digit growth. We are confident that the added product lines, engineering resources and international sales network of Kek-Gardner will enable Kason to accelerate its rate of growth throughout the Americas, Europe, Asia and the Pacific Rim.” George Tunnicliffe, former Managing Director of Kek-Gardner, will become Managing Director of Kason Europe. Henry Alamzad will continue as Kason’s President and head of Global Sales and Marketing.

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Baird Capital-backed Kason acquires Kek-Gardner