Articles about Private Equity

Seattle-area tech company sues New York acquisition advisor, alleging botched $5.2M deal

SmarTek21 has sued TGP GP Management, accusing the New York-based advisor of flawed due diligence in a $5.2 million acquisition that has since required repeated cash infusions. Read More

Smartsheet cuts jobs shortly after departure of longtime CEO

Smartsheet has cut more than 120 jobs amid a leadership transition and its $8.4B private equity takeover, as the Bellevue-based software company accelerates its push into artificial intelligence. Read More

Seattle-based health software company Valant sold to another private equity firm

Valant Medical Solutions, a Seattle startup that develops software to help behavioral health practitioners manage billing and electronic medical records at their… Read More

Exterro acquires Zapproved, combining two Oregon-based legal tech companies

Beaverton, Ore.-based legal tech company Exterro said it has acquired Zapproved, a Portland, Ore.-based software platform that helps corporate lawyers… Read More

Seattle investment bank Cascadia Capital lands unique funding deal to expand services

Cascadia Capital, a Seattle-based middle-market investment bank, is boosting its cash balance through a unique deal with a private equity… Read More

Buyers wanted: Exit opportunities for venture-backed startups sharply decline amid downturn

It’s getting harder for an early-stage company to find a buyer. The exit value for U.S. venture capital-backed startups in… Read More

Seattle private equity firm Pike Street Capital closes first $237 million fund

Pike Street Capital Partners, a private equity firm that launched in 2018, raised $237 million in what is thought to… Read More

Seattle-area healthcare software company Edifecs lands private equity investment

Edifecs, a 24-year-old healthcare software maker based in Bellevue, Wash., today announced a fresh cash infusion from private equity firms… Read More

Windermere spinout MoxiWorks raises cash from Vector Capital to grow tech platform for brokerages

MoxiWorks, a Seattle startup that operates a platform for real estate brokers, has raised cash from private equity firm Vector… Read More

Compensation data site PayScale valued at $325M after new private equity investment

As discussions swirl about gender pay disparities and more information becomes available about salary practices, PayScale keeps on growing. Now… Read More

Show me the money: Vote for the top venture capital Deal of the Year at the GeekWire Awards

Show me the money! Venture capital investment in Washington state last year reached the highest level since 2000, at $2… Read More

Apptio CEO Sunny Gupta gets $196 million payday as private equity buyout closes

It’s a good day to be Sunny Gupta. The Apptio co-founder and CEO stood to make $196 million as the… Read More

New Seattle private equity firm Pike Street Capital acquires US BioTek, its first acquisition

Pike Street Capital Partners, a new Seattle-based private equity firm, made its first acquisition today, swooping up Seattle-area medical testing… Read More

Asset condition reporting startup Record360 acquired by private equity group Alpine SG

Seattle startup Record360 has been acquired by Alpine SG, a Silicon Valley group that invests in software-as-a-service companies and is backed… Read More

Domain name registry Donuts to be acquired by private equity firm Abry Partners

Donuts, a domain name registry based in Kirkland, Wash., has agreed to be acquired by Abry Partners, a private equity… Read More

AI and jobs: Here’s what one of the leading minds in private equity thinks

PALM DESERT, Calif. — There’s been a lot of chatter in recent months about the impact of artificial intelligence and… Read More

Venture capital and private equity fundraising up globally, but a slowdown is likely, report finds

Venture capitalists — the folks who place dollars in emerging companies — are finding a good amount of fresh capital… Read More

Blackstone’s Stephen Schwarzman recounts early missteps, says entrepreneurs need ‘ability to take pain’

PALM DESERT, Calif. — Blackstone Group is a financial juggernaut, with $361 billion in assets under management and a market… Read More

Photo editing startup PicMonkey lands $41M from Bay Area-based Spectrum Equity

PicMonkey is already a successful startup, boasting more than 25 million monthly users and hundreds of thousands of paying customers from… Read More

Software maker K2 raises more than $100M to help businesses build custom applications

K2 may not be the best known software company in the Seattle area. In fact, most people hearing the name probably… Read More

Report: Washington state looks to trim allocation for private equity

The Washington State Investment Board is looking to reduce its allocation in private equity, cutting the targets from 25 percent… Read More

On the auction block: Getty Images could fetch $4B in private equity bid

Getty Images, the Seattle digital image company led by Jonathan Klein, may be headed from the arms of one private… Read More

Seattle private equity firm buys Thermal Dynamics

Evergreen Pacific Partners, a Seattle private equity firm with $700 million under management, has acquired Thermal Dynamics in a deal… Read More

Bain Capital to buy Physio-Control from Medtronic for $487 million

After 13 years under the umbrella of Medtronic, Redmond-based Physio-Control is getting a new corporate parent. It was announced this… Read More