| | | Carlyle-backed HireVue buys VC-funded AllyO, Aquiline to merge CodeBlue and MADSKY, CalSTRS commits $1bn to Owl Rock partnership | | | | Wednesday, October 07, 2020 | | | | | Happy Wednesday, Dear Tech Take Readers!
Carlyle Group's AI-driven hiring platform HireVue reached a deal with VC-backed recruitment automation provider AllyO, Carlyle announced Tuesday.
The deal agreement assigned AllyO a valuation between $50 million and $100 million, sources told me.
For HireVue, which is known for its AI-powered interviewing technology, adding AllyO to its platform provides strategic synergies, said Tyler Parker, a vice president focused on investments in the technology sector at Carlyle Group. Read more about the deal on PE Hub. |
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| | | Top Scoops | | | Octavius Mihaies, former managing partner on the technology team at investment bank Clearwater International, joined Access Capital Partners as a partner, PE Hub has learned.
Mihaies will cover the European technology sector and will lead an investment team of four members. Access Capital has offices in France, Germany, Benelux, Finland and the UK, and holds more than EUR 11 billion of assets under management.
Michael Wilkins, a former managing director and global co-head of the Technology, Media & Telecom (TMT) group at investment bank Harris Williams, joined Shamrock Capital, according to the firm’s press release shared on Oct. 6.
“Well, after 25 years in investment banking, including nearly a decade with my Harris Williams family I have decided to move on to the next adventure. I'm absolutely thrilled to share that I have joined Shamrock Capital as a Partner,” Wilkins said on LinkedIn. |
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| | Have a great day! Reach me with thoughts and feedback at mvinn@buyoutsinsider.com.
HOUSEKEEPING
Wanted: VCJ’s Rising Stars
It’s that time of the year. Over at Venture Capital Journal, editor Alastair Goldfisher and the team are looking for nominations for their second annual Rising Stars list. VCJ is seeking to identify the most talented and up-and-coming professionals in the venture capital community. Click here for more information on how you can submit your favorite Rising Star. | | |
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| | | | | | | | | | | In search of nominations for our Rising Stars 2021 | | It's that time of the year for us to gather nominations for our second annual Rising Stars list. VCJ is seeking your help to identify the most talented and up-and-coming professionals in the venture capital community. Here's how you can submit your favorite Rising Star. More... |
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| | | | | | | | | | | | | | White Wolf-backed CMTH buys Delva Tool & Machine Corp | | Consolidated Machine & Tool Holdings, a portfolio company of White Wolf Capital, has acquired Delva Tool & Machine Corp, which provides contract machining, fabrication, engineering and complex assembly services for aerospace and defense customers. More... |
| | | | PE-backed IMG Companies buys Larkin | | IMG Companies LLC, which is backed by Addison Capital Partners, has acquired Scotts Valley, California-based Larkin Precision Machining Inc, which provides design, engineering and manufacturing services for complex, close-tolerance components. More... |
| | | | | | | | | | | | | | Avantus Aerospace buys CalScrew | | Avantus Aerospace, which is backed by Inflexion and Auctus Industries, has acquired California Screw Products, a maker of high-strength fasteners for commercial and military aerospace applications. More... |
| | | | | | | | Monument recaps Kelly Roofing | | Monument MicroCap Partners LLC has recapitalized Bonita Springs, Florida-based Kelly Roofing Holdings LLC, which installs replacement residential and commercial roofing systems and repairs existing roofs. More... |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | FTV backs Lean Staffing Solutions | | FTV has invested $42.5 million in Lean Staffing Solutions, a provider of nearshore, expert outsourced solutions for transportation and logistics companies in the U.S. More... |
| | | | Iron Mountain and AGC form Frankurt data center JV | | Iron Mountain, a storage and information management services company, and AGC Equity Partners have formed a joint venture of 300 million plus euros to design and develop a data center currently under development in Frankfurt, Germany. More... |
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| | | | | | | | | | | | | Walnut pockets $2.5m seed | | Walnut, a new platform that empowers customer-facing sales representatives to create, personalize, and manage the sales demo experience, has secured $2.5 million in seed funding. More... |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Abridge grabs $15m | | Abridge, which uses machine learning to help people understand the details of their care and follow through on their doctors’ advice, has raised $15 million in funding. More... |
| | | | | | | | | | | | | | | | Kayhan Space picks up $600K | | Kayhan Space Corp., an emerging platform provider of collision detection warnings and avoidance guidance for satellite operators, has raised $600,000 in pre-seed funding. More... |
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| | | Firms and Funds | | | | | | | | | | | | | | | | | | New PE firm Navaid Equity Partners launches | | Fort Lauderdale, Florida-based Navaid Equity Partners, a new private equity focused on backing small and mid-sized companies "facing turbulent financial and operational headwinds created by economic, industry, and technology disruptions" has launched. More... |
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