MINNEAPOLIS, Minn. – BUCA Inc., which owns and operates 21 full-service BUCA di BEPPO restaurants, went public April 21, offering 3.07 million shares at $12 apiece. The stock priced near the top of the company’s $10.50 to $12.50 filing range. Norwest Equity Partners V, Consumer Venture Partners II, Northwood Ventures, Regent Capital Partners, Walden Investors, […]
CHICAGO – William Blair Capital Partners, L.L.C., founded in 1982, invests in early- to expansion-stage companies, as well as buyouts and recapitalizations. The firm prefers to invest in the health-care, software, business and customer service sectors throughout the mid-Atlantic region between the Rocky and Appalachian mountain ranges. William Blair has backed more than 125 companies […]
For general partners who ask themselves how their competitors market returns, value unrealized gains and choose appropriate benchmarks, this article might shed some light. Following are comments and statistics on how the private equity industry markets its performance data based on an examination of 75 private equity offering memoranda (OM). The sample is made up […]
MEMPHIS, Tenn. – Accredo Health Inc., a marketer of specialized pharmaceutical products for patients with costly chronic diseases, went public April 15 offering 3 million shares of common stock. The stock priced at $16, in the middle of the company’s $15 to $17 filing range. Welsh, Carson, Anderson & Stowe VII was the only venture […]
DUBLIN, Ireland – Agincourt Capital, a new independent Irish venture capital firm founded by a group of more than 25 Irish and American businessmen with strong contacts and experience in the technology sector, aims to raise $200 million for investment in early-stage Irish technology companies with the potential to tap the North American market. Despite […]
WELLESLEY, Mass./SAN MATEO, Calif. – Having recently wrapped a $400 million fund, Battery Ventures is boosting the staff in its East and West Coast offices. Tony Abate joined Battery in early April as a principal from J.H. Whitney & Co., where he spent three years as a vice president spearheading deals in telecommunications services and […]
LONDON – Merlin Ventures, the biotechnology venture group founded by Dr. Chris Evans in 1996, looks set to become the largest fund dedicated to bioscience development in the world. Merlin announced in April that Jeremy Curnock Cook, a director of Rothschild Asset Management and head of Rothschild Bioscience Unit (RBU), along with other key individuals […]
DENVER – Denver-based Centennial Funds in May held a $307.5 million close on Centennial Fund VI L.P., exceeding its $300 million target. Launched in January, Fund VI is expected to hold a final close in July at $400 million, nearly doubling the size of the $221 million Centennial V, which closed in February 1997. “We […]
TEL AVIV, Israel – Armed with a healthy injection of capital from a host of North American and international strategic investors, AIG Orion Fund in late April held an $80 million first close and began evaluating its first Israeli and European Internet deals. Led by Managing Partners Eyal Levi and Gary Leibler, the vehicle inked […]
NEW YORK – Patricof & Co. Ventures Inc. recently promoted Thomas Hirschfeld and George Phipps to managing directors and made them partners in the new fund, APA Excelsior V. The move, coupled with the impending departure of General Partner Patricia Cloherty in early June (VCJ, February, page 37), leaves the firm with 10 managing directors […]