Silicon Valley Journals Comvest Credit Partners , a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and Sole Lender on a $153 million senior secured credit facility (the “Financing”) for Oak Dental Partners (“Oak Dental”, or the “Company”). The proceeds will be utilized to refinance … Read more
Vera Equity, a venture capital business that helps early-stage firms by providing them with unique access to talent, revealed today that it has established a $20 million fund and has invested in 20 outstanding fintech startups to date. Michael Vaughan, former COO of Venmo, Jonathan Pomeranz, True Search partner and co-head of the Financial Services … Read more
Morgan Health, a business unit of JPMorgan Chase & Co. (NYSE: JPM) focused on improving the quality, equity, and affordability of employer-sponsored health care, announced a $25 million investment in Kindbody, a leading fertility clinic network and global family-building benefits provider for employers providing the full spectrum of reproductive care from preconception to postpartum through … Read more
Campus.edu, the company transforming higher education by making community college accessible across the country, announced today that it has opened enrollment with $29 million in funding from Discord founder Jason Citron, OpenAI founder Sam Altman, Figma founder Dylan Field, former Stripe Issuing head Lachy Groom, Bloomberg Beta, Founders Fund, Rethink Education, Reach Capital, and Precursor … Read more
Majors Management LLC has finalized its acquisition of Maritime Farms convenience stores, the retail arm of Maritime Energy, situated in Rockland, Maine. Majors’ entry into Maine is marked by the purchase of 13 c-stores with full delis in midcoast Maine. Petroleum Equity Group offered Maritime with private consultancy services. The Chappaqua, New York-based full-service advising … Read more
Clubhouse, the audio app that enthralled Silicon Valley during COVID lockdowns, revealed on Thursday that it will lay off almost half of its employees. What you should know: According to CEO Paul Davison, the decision was made to build a smaller team focused relentlessly on product,” rather than due to the economic circumstances. He went … Read more
Full Throttle Marine has been acquired by Bay Marine, which has operations in Wisconsin, Illinois, and Florida. Full Throttle Marine, founded by Lloyd Hannum Jr., began as Auto Marine Specialists, Inc. and has been a family-owned marine servicing firm for over 60 years. We are extremely excited to have the entire Full Throttle Marine team … Read more
Deutsche Bank has announced that it has agreed to the parameters of a recommended all-cash offer for Numis Corporation Plc. Numis is a significant UK corporate broking and advisory firm that offers strategic advice and capital market access to 166 retained corporate broking clients, including 64 FTSE 350 clients, accounting for nearly 20% of the … Read more
KKR, a leading global investment firm, announced today the signing of definitive agreements under which funds managed by KKR will acquire Namsan Green Building, a high-quality office building in Seoul’s Central Business District (“CBD”), via collective investment vehicles established under Korea’s Financial Investment Services and Capital Markets Act. Namsan Green Building is a 57,574-square-meter office … Read more
Bluestream Health was bought by eVisit, a virtual care platform company, to provide digital front door capabilities, integrated language services, and other digital technologies to its solution. The acquisition’s financial terms were not disclosed. EVisit also acquired Bluestream Health clients in order to expand its ties with health systems. According to the firm, it collaborates … Read more