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United Internet buys stake in Rocket Internet

FRANKFURT, Aug 15 (Reuters) – German Internet service provider United Internet AG is investing 435 million euros ($582 million) for a 10.7 percent stake in venture capital group Rocket Internet, the companies said on Friday. * United Internet to take 10.7 pct stake in Rocket * Samwer Brothers and United contribute equity interests * Deal […]

GoGoVan Raises $6.5M Series A To Expand In Asia

TechCrunch Hong Kong-based GoGoVan, an app that connects van drivers and users for on-demand delivery services, announced today that it has completed a $6.5 million Series A led by Centurion Private Equity. The company, which launched in July 2013 and currently has access to 18,000 registered commercial vehicles, plans to use the funding to add […]

LatAm’s Navent Takes In Another $20M For Its Regional Online Classifieds Empire

TechCrunch Navent, a Latin American real estate and jobs classifieds company which last raised funding back in November 2012, has closed a $20 million Series C round of funding from global technology private equity firm Riverwood Capital. Navent’s focus is online real estate and jobs classifieds. As with its last tranche of financing, Navent said […]

Two Romanian Photovoltaic Projects Totaling 15 MW

This is an opportunity to acquire a majority stake in two RTB photovoltaic projects based in Romania, totaling 15 MW. The companies have an estimated EBITDA of 2.3m Euros and an estimated EBITDA margin of 88% for 2015. General information about the project: • Project location: Vrancea County, Carligele village, 5 kilometers from Focsani. The […]

Singapore’s GIC takes 18.5 pct stake in Brazil education firm April

SINGAPORE, Aug 15 (Reuters) – Singapore sovereign wealth fund GIC said on Friday it has acquired an 18.5 percent stake in Brazilian education services company Abril Educacao SA. GIC did not say how much it paid for the stake in Abril, a leading player in Brazil’s primary and secondary education market. Based on Abril’s latest […]

Greenhouse Raises $7.5M To Engineer How Startups Recruit…Engineers

TechCrunch Uber, Pinterest, Snapchat, and BuzzFeed all share a not-so-secret weapon in the talent wars: Greenhouse. The recruitment optimization SAAS turns hiring into a science, and guides them through where to source job candidates, what to ask interviews, how to score responses. Now Greenhouse has raised a $7.5 million series A led by Social+Capital Partnership […]

HelpSystems up for sale for more than $700 mln – sources

Aug 13 (Reuters) Aug 13 (Reuters) – HelpSystems LLC is exploring a sale that could value the information technology management software company at more than $700 million, including debt, just two years after it changed private equity ownership, according to people familiar with the matter. Private equity firm Summit Partners, which bought HelpSystems in 2012 […]

Online event solution startup TimePad secures investment from Target Ventures

East-West Digital News Earlier this month TimePad, a Moscow startup that offers e-ticketing services and other online tools for event organizers, secured an investment from Target Ventures. Since the acquisition of an initial stake earlier this year, the fund has injected $1 million in total into the startup. Founded in 2008 with the help of […]

S.Korea’s Dongwon Systems to buy bottle maker from MBK Partners for $243 mln

SEOUL, Aug 13 (Reuters) – South Korean aluminium and food can maker Dongwon Systems Corp said it has agreed to buy bottle maker Techpack Solutions Co Ltd for 250 billion won ($243 million) from Asia-Pacific private equity fund MBK Partners. In a regulatory filing on Wednesday, Dongwon Systems said the price tag covers the acquisition […]