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Invus leads $45 mln Series B funding in Cava Group

by Al Davis | Sep 25, 2015 | Private Equity News, Services

Cava Group raised $45 million in Series B funding led by Invus. Other investors in the funding round included Swan & Legend Ventures and Revolution Growth. Funding will help Washington, D.C.-based Cava Grill’s growth including new markets and locations on...

AB InBev to buy U.S. craft brewer Golden Road

by Al Davis | Sep 24, 2015 | Private Equity News, Services

(Reuters) — Anheuser-Busch InBev (ABI.BR) said it would buy Los Angeles-based Golden Road Brewing as the world’s largest brewer looks to expand its presence in the fast-growing craft brewing market. Golden Road, whose brands include the popular India pale...

Energy Capital Partners seeks buyers for Summit Midstream stake: Bloomberg

by Bill Lawrence | Sep 24, 2015 | Private Equity News, Services

(Reuters) — Private equity firm Energy Capital Partners is looking for buyers for its interest in Summit Midstream Partners LP (SMLP.N), a deal that would include a minority stake in the pipeline operator as well as ownership of its general partner, Bloomberg...

Sverica Capital sells MC Sign Company

by Bill Lawrence | Sep 24, 2015 | Private Equity News, Services

Sverica Capital Management LLC said Wednesday it sold MC Sign Company to Caltius Capital Management. Financial terms weren’t announced. Mentor, Ohio-based MC provides signage and lighting services to a variety of multi-site industries, including quick serve...

Audax Group acquires Techniks from Tenex Capital

by Bill Lawrence | Sep 23, 2015 | Private Equity News, Services

Audax Group has acquired Techniks Industries, a provider of industrial cutting tools and tool holders. The seller was Tenex Capital Management. No financial terms were disclosed for the transaction that was done in partnership with Techniks’ management. Duff...

Ignite Farm targets $50 mln for second fund

by Al Davis | Sep 23, 2015 | Private Equity News, Services

Ignite Farm is seeking to raise $50 million for its second fund, according to an SEC filing. Based in Walnut Creek, California, Ignite Farm is an incubation, investment and growth engine for emerging brands, ideas and entrepreneurs. Excerpt from: Ignite Farm targets...
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