Private Equity

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

by James Thorne on January 10, 2019January 14, 2019 at 8:23 amComment

It’s a good day to be Sunny Gupta. The Apptio co-founder and CEO stood to make $196 million as the deal to take the company private was completed on Thursday. Two… Read More

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

by Taylor Soper on December 18, 2018December 18, 2018 at 11:10 amComment

Pike Street Capital Partners, a new Seattle-based private equity firm, made its first acquisition today, swooping up Seattle-area medical testing company US BioTek. Pike Street launched earlier this year and… Read More

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

by Taylor Soper on September 25, 2018September 25, 2018 at 1:27 amComment

Seattle startup Record360 has been acquired by Alpine SG, a Silicon Valley group that invests in software-as-a-service companies and is backed by Alpine Investors, a private equity firm. Founded in 2013,… Read More

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

by Taylor Soper on September 5, 2018September 5, 2018 at 3:25 pmComment

Donuts, a domain name registry based in Kirkland, Wash., has agreed to be acquired by Abry Partners, a private equity firm based in Boston. Terms of the deal were not… Read More

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

by John Cook on November 17, 2017November 17, 2017 at 12:44 pm 3 Comments

PALM DESERT, Calif. — There’s been a lot of chatter in recent months about the impact of artificial intelligence and machine learning on jobs. And while automation may wipe out… Read More

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

by Jillian Stampher on March 2, 2017March 2, 2017 at 6:34 amComment

Venture capitalists — the folks who place dollars in emerging companies — are finding a good amount of fresh capital of their own. Money to venture capital funds hit a… Read More

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

by John Cook on November 17, 2016November 17, 2016 at 2:36 pmComment

PALM DESERT, Calif. — Blackstone Group is a financial juggernaut, with $361 billion in assets under management and a market value of $31 billion. But before the private equity firm… Read More

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

by Taylor Soper on July 30, 2015July 30, 2015 at 12:01 pm 3 Comments

PicMonkey is already a successful startup, boasting more than 25 million monthly users and hundreds of thousands of paying customers from 190 countries who visit the photo-editing site each day. But the company… Read More

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

by John Cook on February 18, 2015February 18, 2015 at 5:33 amComment

K2 may not be the best known software company in the Seattle area. In fact, most people hearing the name probably first think of the Seattle-based ski manufacturer. But in the… Read More

Report: Washington state looks to trim allocation for private equity

by John Cook on September 25, 2013September 25, 2013 at 11:03 amComment

The Washington State Investment Board is looking to reduce its allocation in private equity, cutting the targets from 25 percent to 23 percent, according to a report in PEHub.com. The… Read More

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

by John Cook on July 3, 2012July 3, 2012 at 10:59 pmComment

Getty Images, the Seattle digital image company led by Jonathan Klein, may be headed from the arms of one private equity firm to another. And the price tag is getting… Read More

Seattle private equity firm buys Thermal Dynamics

by John Cook on June 15, 2012June 15, 2012 at 9:14 amComment

Evergreen Pacific Partners, a Seattle private equity firm with $700 million under management, has acquired Thermal Dynamics in a deal of undisclosed size. Based in Ontario, California, Thermal Dynamics is… Read More

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

by John Cook on November 17, 2011November 17, 2011 at 8:02 am1 Comment

After 13 years under the umbrella of Medtronic, Redmond-based Physio-Control is getting a new corporate parent. It was announced this morning that the maker of defibrillators will be purchased by… Read More