LionTree

Harmony Games Secures $3 Million in Seed Round Funding, Led by Griffin Gaming Partners

Retrieved on: 
Wednesday, October 25, 2023
Technology, Electronic Games, Audio, Video, Entertainment, Family, Mobile Entertainment, Web3, Consumer, General Entertainment, Artificial Intelligence, Parenting, Software, Children, Consumer Electronics, Partner, GGP, CXO, Entrepreneurship, AIS, Multimedia, LionTree, Marketing, Harmony, Mechanics, Video game

The round was led by Griffin Gaming Partners, one of the industry's most prominent venture capital firms, alongside notable investors, Kristian Segerstrale, and Akin Babayigit.

Key Points: 
  • The round was led by Griffin Gaming Partners, one of the industry's most prominent venture capital firms, alongside notable investors, Kristian Segerstrale, and Akin Babayigit.
  • Harmony Games, founded by industry veterans, Volkan Ediz, James Koh, and Joseph Kubiak is on a mission to revolutionize the mobile gaming landscape.
  • “With the support of Griffin Gaming Partners, we aim to craft experiences where players find solace, delight, and genuine social connections.
  • Harmony Games, a pioneering AI-assisted gaming studio, is on a mission to transform the world of casual gaming.

Instacart Announces Pricing of Initial Public Offering

Retrieved on: 
Monday, September 18, 2023
Attention, Instacart, Oppenheimer, Telephone, BofA Securities, LionTree, Sale, Citizenship, Prospectus, Wedbush Securities, JMP, SAN, Oppenheimer Holdings, Citigroup, J. P. Morgan, Stern, SoFi, Broadridge Financial Solutions, Security (finance), Stifel, Barclays

SAN FRANCISCO, Sept. 18, 2023 /PRNewswire/ -- Maplebear Inc. d/b/a "Instacart" today announced the pricing of its initial public offering of 22,000,000 shares of its common stock, 14,100,000 of which are being sold by Instacart and 7,900,000 of which are being sold by certain selling stockholders, at a public offering price of $30.00 per share.

Key Points: 
  • SAN FRANCISCO, Sept. 18, 2023 /PRNewswire/ -- Maplebear Inc. d/b/a "Instacart" today announced the pricing of its initial public offering of 22,000,000 shares of its common stock, 14,100,000 of which are being sold by Instacart and 7,900,000 of which are being sold by certain selling stockholders, at a public offering price of $30.00 per share.
  • Instacart will not receive any proceeds from any sale of shares by the selling stockholders.
  • In addition, Instacart has granted the underwriters a 30-day option to purchase up to an additional 3,300,000 shares of its common stock at the initial public offering price, less underwriting discounts and commissions.
  • Goldman Sachs & Co. LLC and J.P. Morgan are acting as lead book-running managers for the offering.

Harris Williams Hires Michael Kim as Managing Director, Co-Head of Technology Group

Retrieved on: 
Wednesday, September 6, 2023
Software, Banking, Internet, Professional Services, Fintech, Data Management, Technology, Digital Cash Management, Digital Assets, Other Professional Services, Finance, Other Technology, Consulting, SoundView Technology Group, Morgan Stanley, Lehman Brothers, Bear Stearns, Williams College, Partnership, LionTree, Pharmaceutical industry

Harris Williams, a global investment bank specializing in M&A and private capital advisory services, today announced that Michael Kim has joined the firm’s San Francisco office as a managing director and co-head of its Technology Group.

Key Points: 
  • Harris Williams, a global investment bank specializing in M&A and private capital advisory services, today announced that Michael Kim has joined the firm’s San Francisco office as a managing director and co-head of its Technology Group.
  • Mr. Kim brings over 25 years of technology M&A, merchant banking, and investment banking advisory experience to Harris Williams.
  • “We are thrilled to welcome Michael to Harris Williams as we continue to grow the Technology Group with exceptional senior banking talent,” said Bob Baltimore and John Neuner, co-CEOs of Harris Williams.
  • “Michael is a trusted advisor to leading enterprise software and technology companies around the world.

INSTACART FILES REGISTRATION STATEMENT FOR PROPOSED INITIAL PUBLIC OFFERING

Retrieved on: 
Friday, August 25, 2023
Attention, Instacart, Tiger, Oppenheimer, Telephone, BofA Securities, Exchange, LionTree, Sale, Goldman Sachs, Prospectus, SAN, Oppenheimer Holdings, Citigroup, Form, J. P. Morgan, Stern, SoFi, Broadridge Financial Solutions, Security (finance), Stifel, Barclays

SAN FRANCISCO, Aug. 25, 2023 /PRNewswire/ -- Maplebear Inc. d/b/a "Instacart" today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission related to a proposed initial public offering of its common stock.

Key Points: 
  • SAN FRANCISCO, Aug. 25, 2023 /PRNewswire/ -- Maplebear Inc. d/b/a "Instacart" today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission related to a proposed initial public offering of its common stock.
  • The number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • Goldman Sachs & Co. LLC and J.P. Morgan will act as lead book-running managers for the proposed offering.
  • These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

KKR to Acquire Simon & Schuster from Paramount Global for $1.62 Billion

Retrieved on: 
Monday, August 7, 2023
Communications, Professional Services, Public Relations, Investor Relations, Finance, LLP, BMG, Shearman & Sterling, RBMedia, Paramount Global, KKR, Simpson Thacher & Bartlett, Publishing, Simon & Schuster, Investment, CFO, Growth, LionTree, Epic Games, Book, Completion, Shearman, Video game, Media, Paramount

Paramount Global (NASDAQ: PARA, PARAA) and KKR today announced the signing of a definitive agreement pursuant to which KKR will acquire Simon & Schuster for $1.62 billion in an all-cash transaction.

Key Points: 
  • Paramount Global (NASDAQ: PARA, PARAA) and KKR today announced the signing of a definitive agreement pursuant to which KKR will acquire Simon & Schuster for $1.62 billion in an all-cash transaction.
  • "We are pleased to have reached an agreement on a transaction that delivers excellent value to Paramount shareholders while also positioning Simon & Schuster for its next phase of growth with KKR,” said Bob Bakish, President and CEO of Paramount Global.
  • “Simon & Schuster’s nearly 100-year history is a testament to the enduring value of creative expression through the written and spoken word.
  • KKR is making its investment in Simon & Schuster primarily through its North America Fund XIII and has secured fully committed financing for the transaction.

H.I.G. Capital Signs Definitive Agreement to Acquire RBmedia

Retrieved on: 
Wednesday, July 26, 2023
Retail, Other Professional Services, Other Communications, Publishing, Technology, Books, Finance, Audio, Video, Communications, Professional Services, Online Retail, Asset Management, Other Retail, Other Technology, Specialty, Entertainment, Apple Books, Partnership, H.I.G. Capital, KKR, LionTree, RBC Capital Markets, Simpson Thacher & Bartlett, Goldman Sachs, Latham & Watkins, Audible, Google Play, Overdrive, Growth, RBMedia, Cryptocurrency, Storytel, Scribd, Spotify

Capital (“H.I.G.”), a leading global alternative investment firm with $58 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to acquire RBmedia (the “Company”), the world’s leading publisher in audiobooks and spoken content, from KKR.

Key Points: 
  • Capital (“H.I.G.”), a leading global alternative investment firm with $58 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to acquire RBmedia (the “Company”), the world’s leading publisher in audiobooks and spoken content, from KKR.
  • RBmedia’s management team, led by CEO Tom MacIsaac, will continue to lead the Company and remain as shareholders in the business.
  • “The audiobook industry is at a unique inflection point and RBmedia is well positioned to capitalize on the numerous tailwinds present in the industry,” said Tom MacIsaac, CEO of RBmedia.
  • will help take RBmedia to even greater heights.”
    The transaction is expected to close in 2023 and is subject to customary regulatory approval.

H.I.G. Capital to Acquire RBmedia from KKR

Retrieved on: 
Wednesday, July 26, 2023
Communications, Public Relations, Investor Relations, Partnership, Audiobook, H.I.G. Capital, Catalog, Multimedia, KKR, Latham & Watkins, Simpson Thacher & Bartlett, RBC Capital Markets, Goldman Sachs, Acquisition, Growth, LionTree, News, RBMedia, Cryptocurrency, Media

will acquire RBmedia and support its next phase of growth and development.

Key Points: 
  • will acquire RBmedia and support its next phase of growth and development.
  • RBmedia is the leading audiobook publisher in the world with a powerful digital distribution network that reaches millions of listeners around the globe.
  • During this period, RBmedia also experienced five years of double-digit revenue growth, invested in diverse content and expanded into international markets.
  • Morgan Stanley & Co. LLC and RBC Capital Markets acted as financial advisors, and Latham & Watkins LLP provided legal advice, to H.I.G.

Court Approves VICE Media Group Purchase Agreement by Lenders

Retrieved on: 
Friday, June 23, 2023
Dark, ESPN, LLP, Advertising, Bankruptcy, Media Group, Stretto, Journalism, Shearman & Sterling, Consortium, Fortification, Gangs of London, Peabody, PJT Partners, Partner, APA, Dark side, Fortress Investment Group, Vice Media, LionTree, Generation Z, Target, Coke, AlixPartners, Rock, Edmonton Investors Group, HBO Max, Collection, Comedy, Shearman, Commerce, Court, United States bankruptcy court, Gibson Dunn, VICE, Tell Me Lies, Soros Fund Management, Netflix, American Gladiators, News, Hulu

BROOKLYN, N.Y., June 23, 2023  /PRNewswire/ -- VICE Media Group today announced that the U.S. Bankruptcy Court for the Southern District of New York (the "Court") has approved the previously announced asset purchase agreement ("APA") with a consortium of its lenders (the "Investor Group"). The Investor Group includes Fortress Investment Group, Soros Fund Management and Monroe Capital. Pursuant to the APA, which has been amended, the Investor Group has agreed to provide total purchase consideration of approximately $350 million in the form of a credit bid for substantially all of the Company's assets, in addition to the assumption of significant liabilities upon closing.

Key Points: 
  • Acquisition by Consortium including Fortress Investment Group, Soros Fund Management and Monroe Capital Paves Way for VICE to Continue Serving Audiences, Brands and Partners with Award-Winning Content
    BROOKLYN, N.Y., June 23, 2023 /PRNewswire/ -- VICE Media Group today announced that the U.S. Bankruptcy Court for the Southern District of New York (the "Court") has approved the previously announced asset purchase agreement ("APA") with a consortium of its lenders (the "Investor Group").
  • The Investor Group includes Fortress Investment Group, Soros Fund Management and Monroe Capital.
  • "Following a robust court-supervised process, we are pleased to receive Court approval for this transaction, which we believe represents the best path forward for VICE.
  • VICE Media Group is a global multi-platform media company with a global reach of over 400 million people.

Veritone to Acquire Broadbean, Signifying Deeper, Global Commitment for Veritone’s AI-powered Human Resources Solutions

Retrieved on: 
Wednesday, May 31, 2023
Professional Services, Data Management, Technology, Human Resources, Software, Artificial Intelligence, Applicant tracking system, LLP, Software as a service, CareerBuilder, Monster, Workflow, PJT Partners, ATS, GAAP, Exchange, Randstad, Sidley Austin, LionTree, Organization, EBITDA, Cooley LLP, Acquisition, Care.com, Algorithm, HR, Growth, Security (finance), AI, UBS, Automation, Sales, Vicia faba, Veritone

By using AI recruiting tools to engage job seekers, Veritone HR Solutions will accelerate employers’ hiring efficiency with advanced data-driven hiring decisions and process automation.

Key Points: 
  • By using AI recruiting tools to engage job seekers, Veritone HR Solutions will accelerate employers’ hiring efficiency with advanced data-driven hiring decisions and process automation.
  • “This transformative acquisition signifies Veritone’s focused approach to expanding and scaling our AI-powered HR Solutions portfolio globally,” said Ryan Steelberg, President and Chief Executive Officer of Veritone.
  • In conjunction with the acquisition, Veritone is announcing several executive changes within its HR Solutions business.
  • Additionally, Veritone has appointed Matthew O’Connor as Chief Revenue Officer of Veritone HR Solutions.

Veritone to Acquire Broadbean, Signifying Deeper, Global Commitment for Veritone's AI-powered Human Resources Solutions

Retrieved on: 
Wednesday, May 31, 2023
Applicant tracking system, LLP, Software as a service, CareerBuilder, PJT Partners, ATS, GAAP, LionTree, EBITDA, Cooley LLP, Acquisition, Algorithm, HR, UBS, AI, Automation, Software, Sales, Vicia faba, Veritone

By using AI recruiting tools to engage job seekers, Veritone HR Solutions will accelerate employers' hiring efficiency with advanced data-driven hiring decisions and process automation.

Key Points: 
  • By using AI recruiting tools to engage job seekers, Veritone HR Solutions will accelerate employers' hiring efficiency with advanced data-driven hiring decisions and process automation.
  • Post-closing, the combined businesses of Broadbean and PandoLogic will be integrated and rebranded as Veritone HR Solutions.
  • In conjunction with the acquisition, Veritone is announcing several executive changes within its HR Solutions business.
  • Additionally, Veritone has appointed Matthew O'Connor as Chief Revenue Officer of Veritone HR Solutions.