Showing posts with label Capital. Show all posts
Showing posts with label Capital. Show all posts

Friday, November 25, 2011

Domain Holdings raises $2.9M in Venture Capital Funding led by Valhalla Partners, Debuts Retooled Domain Development Platform

Delray Beach, FL (PRWEB) July 21, 2011

Domain Holdings, an industry leader in domain lifecycle management and monetization, announced that it has launched its retooled domain development platform DomainPower on the heels of a $ 2.9 million Series A venture capital funding round from Valhalla Partners, WWC Capital and BrokersWeb Inc. Founder and CEO Matias De Tezanos, as well as other angel investors.


The newly launched platform is a complete rewrite of its predecessor Rapid Domain Builder, initially launched in November 2010. The rebranded DomainPower keeps its original intent as a turnkey solution for domain owners, offering vertical-specific frameworks for quick SEO-ready website development, site enhancement plug-ins and multiple revenue opportunities, all managed in one location.


We are excited to come out of stealth mode with a new look to our award-winning platform, Domain Holdings CEO Jason Boshoff said. This gives users a powerful domain management and monetization solution that can help identify the overall status of a domain portfolio, recognize growth opportunities and, overall, offers easy management.


The redesigns primary focus was a new user interface, developing a larger selection of vertical-specific frameworks and adding domain portfolio management solutions. The newly launched UI features an upgraded dashboard, sortable by individual domain performance or a full portfolio performance overview, with real-time updates of site and portfolio statistics. Updates include revenue, traffic, traffic sources, keywords and other site vitals integral to the growth, health and maintenance of domains.


The funds raised will go to continued technological development for the DomainPower platform, including research and development of new revenue models for site users, as well as adding resources to optimize, analyze and help increase yield and domain value.


About Domain Holdings


Domain Holdings, a full-service domain lifecycle management company, is an industry leader in the acquisition, development, management and monetization of domain portfolios and premium web properties. The company was co-founded by Chad Folkening, a longtime domain industry veteran, and John Ferber, co-founder of Advertising.com which was acquired by AOL for approximately $ 500 million in 2004, and whose collective online products and services have grossed more than $ 3 billion since 1996. DomainPower is a comprehensive monetization and domain development platform, providing domain owners with a rev-share enhancement and website development solution.


About Valhalla Partners


Valhalla Partners is a partner and advisor to technology entrepreneurs in their quest to build world-class companies. Based in Vienna, Virginia, the firms management team has made more than 120 investments over the past twenty years and produced over $ 1 billion of investment proceeds. Valhalla prefers investments where the mission of the company is to innovate, challenge and fundamentally change the dynamics of new and existing markets. Investments by Valhallas team include Advertising.com, CareerBuilder.com, Clarify, EnterpriseDB, Epicor, Exchange Solutions, JumpTap, LeftHand Networks, Mobius, NextLink, Nirvanix, Progress Software, Proxicom, RealOps, Register.com, Riverbed Technologies, SafeNet, SEPATON, ServiceBench, SolidFire, TidalTV, Trilogy, and webMethods. Valhalla Partners brings the full power and network of its experienced team to every investment it makes, helping companies grow faster and smarter regardless of size or maturity.


For more information, go to http://www.valhallapartners.com.


About WWC Capital


WWC Capital is an investment banking and private equity firm dedicated to serving middle market companies in need of capital or advisory services. WWC has deep experience in the technology, government services, and new media sectors. Our professionals have extensive advisory and transaction experience in operating companies, investment banks and professional services firms. WWC principals have completed over 325 transactions totaling over $ 15 billion in value. WWC Capital is based in Reston, Virginia.


For more information, go to http://www.wwccapital.com.


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H.I.G. Capital Acquires Next Generation Vending

Boston, MA (PRWEB) November 08, 2011

Next Generation provides vending services to institutional and corporate customers in the Northeast region of the United States. Next Generation Vending is transforming the vending industry by utilizing cutting edge RMS (Remote Monitoring Technology). Next Generation is based in Massachusetts and has several operating facilities located across the Northeast.


Next Generation's management team, led by Chief Executive Officer, David Mac Isaac and Chief Operating Office, Joe Rogan, joined forces with H.I.G. to consummate the recapitalization. The companys management will continue to retain a sizeable equity stake in the business alongside H.I.G. Capital. David Mac Isaac commented that he is very pleased with H.I.G. Capitals support and believes that Next Generation will benefit from H.I.G.s involvement in the strategic rollout of RMS to their entire vending machine fleet. David Mac Isaac further stated that with H.I.G.s expertise and backing, the company will be well positioned to aggressively seek and exploit growth opportunities and better service existing customer needs.


H.I.G. Capital Managing Director, Michael Phillips, emphasized that H.I.G. is excited to invest in Next Generation and its outstanding management team. H.I.G. looks forward to assisting Next Generation maintain its leadership position as the largest vending company in the Northeast and growing the companys footprint.


H.I.G. Capital is a leading global private equity investment firm based in Miami. The firm has more than $ 8.5 billion of capital under management. H.I.G. specializes in providing capital to small and medium sized businesses and has offices in Atlanta, Boston, New York and San Francisco, as well as Hamburg, London and Paris in Europe.


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More Investment Capital Firms Press Releases

ZeroTurnaround Receives Backing of Bain Capital Ventures

Tartu, Estonia (PRWEB) July 25, 2011

Bain Capital Ventures and notable angel investors, including Salil Deshpande, have backed ZeroTurnaround, the company behind innovative productivity enhancing solutions for the Java community including JRebel and LiveRebel. JRebel is the only solution that enables developers to save 15-20% of their coding time by removing the build and redeploy process, so they can instantly see changes made to their code in their development application. LiveRebel is the only solution that enables production Java EE environments to automatically and instantly deliver hot updates to live applications, eliminating downtime and lost sessions.


Bain Capital Ventures backing of ZeroTurnaround includes a buyout of Webmedia Groups ownership in the company. We are thankful to Webmedia Group and their management team for providing initial seed funding and support to help us launch ZeroTurnaround, said Jevgeni Kabanov, creator of the companys flagship product JRebel, founder and CTO of ZeroTurnaround, Now we are ready to go forward to conquer new countries and create new products with our fantastic international team and partners.


Bain became involved with ZeroTurnaround because of the high productivity improvements ZeroTurnaround delivers to their customers by addressing core problems in Java. We are proud to partner with the entire ZeroTurnaround team to build a world-class infrastructure software company. The innovation at ZeroTurnaround helps the Java community deliver better code in less time and with less downtime. Additionally, ZeroTurnarounds value and uniqueness was recently showcased as the Most Innovative Java Technology 2011 in the JAX Awards, said Ben Holzman, Partner at Bain Capital Ventures. ZeroTurnarounds fantastic technical team has built great software that improves productivity for customers around the world. We look forward to aiding the companys expansion into North America.


With triple-digit growth every year since inception, and nearly 300% in 2010, we are excited to work with the team of Ben Nye and Ben Holzman from Bain Capital along with Salil Deshpande, the same team that backed and helped build dynaTrace Software, a recent success story in Java and .Net performance management, said David Booth, CEO of ZeroTurnaround.


About ZeroTurnaround

Founded in 2007 in Estonia, ZeroTurnaround makes Java more productive for both development and production teams with award-winning Rebellion technology. JRebel and LiveRebel integrate directly into the JVMs, application servers and development tools of the worlds leading financial, web application and technology firms. ZeroTurnaround is proud to support the Eclipse Foundation as a solutions member. See more and join the Rebellion.


ZeroTurnaround Contacts

Jevgeni Kabanov, ZeroTurnaround, founder and CTO, +372 534 11 869, jevgeni(at)zeroturnaround(dot)com

David Booth, ZeroTurnaround, CEO, +420 774 567 832, david(at)zeroturnaround(dot)com


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Phitek Raises Fresh Capital For Global Expansion

San Jose (PRWEB) December 20, 2007

Global leader in active noise cancellation technologies, Phitek Systems, today announced that it has successfully raised new capital following from the placement of new shares in the company. The new capital will be used to expand Phitek's activities in embedded active noise cancellation technologies for portable media players and music phones.


Mark Donaldson, Phitek System's CEO, said, "The funding will be used to roll out a number of new and exciting platforms as well as strengthen our balance sheet as demand for our active noise cancellation products continues to build. Our revenues for fiscal 3Q08 have exceeded expectations on the back of solid order flow for in-flight entertainment connectors, active noise cancellation headphones and earphones."


Phitek has appointed ABN AMRO Craigs as its principle financial advisor. ABN AMRO Craigs will advise the company on its future capital strategy and preparations for a potential initial public offering (IPO). Part of the global ABN AMRO group, ABN AMRO Craigs is a leading investment bank in New Zealand with specialist expertise in equity capital markets and corporate advisory.


Mark Somerville-Ryan of ABN AMRO Craigs says the bank is delighted to be appointed the financial advisor to Phitek and also successful complete the placement of new shares in the Company.


"We have no doubt that ABN AMRO, as Phitek's financial advisor, will provide Phitek access to capital as well as world-class investment expertise," says Somerville-Ryan.


Donaldson also says that Phitek is expanding its presence in the United States and Asia where its active noise rejection (ANR) technology has enabled the Company's OEM customers to rapidly build market share.


"Noise cancellation headphones designed and manufactured by Phitek incorporating its ANR technology have received positive endorsement in global markets with the Creative Aurvana being awarded Editor's Choice in the prestigious PC World Magazine in North America and the Audio Technica Quietpoint being nominated by Macworld as the best noise cancellation headphone for 2007."


For more information please contact:


Mark Donaldson, CEO, Phitek Systems, Ph 64 9 524 2984, mobile 64-29-291 6550


Mark Somerville-Ryan, ABN AMRO Craigs, Ph 64 9 358 7558, mobile 64-29-2507944


Julien Leys, JML Communications, Ph 64 9 358 2828, mobile 64-21-655-598


About Phitek Systems

Phitek Systems is a leader in the development of advanced analogue and digital signal processing technologies for audio enhancement and noise reduction. Phitek's avionic systems are employed by a number of the world's largest and most successful airlines including Singapore Airlines, Lufthansa, British Airways, and Emirates. Phitek designs and manufactures premium headphones incorporating proprietary audio enhancement and noise reduction technology for some of the world's largest consumer brands. The company's headquarters and principal R&D facility are located in Auckland, New Zealand, with production and sales located between Hong Kong, North America, Japan, and Shenzhen.


For more information about Phitek Systems Limited please visit http://www.phitek.com


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Madison Street Capital to Participate in Hedge Fund Tax Webinar

Chicago, IL (PRWEB) November 08, 2011

Madison Street Capital is pleased to announce Karl DCunhas participation in the Financial Research Associates webinar titled Preparing for Upcoming Hedge Fund Tax Implications: Navigating Your Fund through an Increased Tax Environment as a speaker. The webinar will take place on November 16, 2011 at 1:30 p.m. EST.

This webinar will provide participants with a current view of hot topics that include the current status of carried interest tax proposals, the Enterprise Value Tax, and FATCA, said DCunha, Senior Managing Director at Madison Street Capital. The presentation will also include potential strategies that sellers can use now to take advantage of favorable tax treatments that may no longer be available in the near future...

D'Cunha is a Senior Managing Director at Madison Street Capital where he oversees the firms services geared towards asset management firms. The range of services include: M&A advisory, capital raises, fairness and solvency opinions, portfolio valuation, financial reporting valuation and structured finance advisory services. Mr. D'Cunha was previously an audit manager at Ernst & Young, LLP and PricewaterhouseCoopers, LLP, with eight years of experience in the Investment Management industry group. Mr. D'Cunha holds a Bachelors Degree in Finance and Economics from University of Western Ontario and a Graduate Diploma in Accounting from McGill University. He is also a Chartered Accountant, a Level III candidate in the Chartered Financial Analyst program, and is registered with FINRA as a General Securities Representative (Series 7) and an Investment Banking Representative (Series 79). Mr. DCunha is a member of the following organizations: New York Hedge Fund Roundtable, Canadian Institute of Chartered Accountants, CFA Society of Chicago, CFA Institute, Association of Chartered Accountants in the United States, and American MENSA, Ltd.


About Madison Street Capital:

A leading provider of corporate finance and mergers & acquisitions (M&A) advisory, Madison Street Capitals professionals have the ability to arrange the appropriate financing and capitalization structure to suit each clients specific situation. Headquartered in Chicago, Illinois, the middle market investment banking firm has offices in North America, Africa, and Asia. Madison Street Capital draws on years of combined experience to provide a variety of financial services that include middle market investment banking (M&A advisory), restructuring services, valuation and M&A services for hedge funds, buy side and sell side services for private equity, Debt Placement, Portfolio Valuation (ASC 820 and IAS 39 compliant), business valuation services, and financial opinion services.


Experience makes the difference, and having assisted clients in a diverse range of industries, Madison Street Capitals seasoned professionals understand that all circumstances demand careful analysis and precise recommendations. For business owners looking for acquisitions, selling a business, building a sound exit strategy, or simply for matters of corporate governance Madison Street Capital has a history of execution and excellence in the investment banking industry. For additional information, call Madison Street Capital at 1-312-529-7000 or visit http://www.madisonstreetcapital.com.


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Jermyn Street Capital Partners, LLC Advises Alliance Warburg Capital Management, Inc. and Yamani Global Equities, Inc. on Their Bid to Acquire EMI Group, Plc.

New York, NY (PRWEB) November 08, 2011

Jermyn Street Capital Partners, LLC, a family office investment advisor, managed by Darryl Laws, Doctor of Business Administration Candidate, announced today that he and Lacarya Scott, have been advising Alliance Warburg Capital Management , Inc. and Yamani Global Equities, Inc. on their bid to acquire EMI Group, Plcs music and publishing units from Citi Group. Jermyn Street Capital Partners, LLC structured and prepared the original Letter of Intent submitted to Citi Group on the bid date and continues to arrange senior debt financing and equity for the acquisition as of the writing of this press release.


On Oct. 6, 2011, James Caparro, the Chief Executive Officer of Yamani Global Equities, Inc. in partnership with Alliance Warburg Capital Management