On the financial sector radar this week: Lytx has been acquired by private equity firm GTCR for $500 million after a successful recovery from near-bankruptcy. Meanwhile, CVC plans to back mid-market tech companies with a $1 billion fund.
Thycotic looks to improve cybersecurity for privileged accounts following the acquisition of companies like Arellia and iSight.
PE firm Arsenal is expanding its investments in the rubber and plastic additives industry.
It may be time to dust off your resume. HarbourVest Partners is currently looking for a new vice president, making it one of several companies that is seeking senior staff members.
Thomas H. Lee has made an offer to buy out Shutterfly.
Viacom is seeking a minority investor in the ailing Paramount Pictures.
Energy M&A expectations have dropped over the past six months.
PE firm Wynnchurch is expanding its manufacturing portfolio by adding Texas Hydraulics.
Sysco fails to add U.S. Foods to its acquisitions but succeeded with food distributor Brakes Group.
Monster Beverage acquires flavors supplier American Fruits, adding to the list of beverage companies that have made recent deals.
Oracle has purchased Israeli cloud software company Ravello Systems as part of continued efforts to expand into the cloud services niche.
Silicon Valley is feeling the results of investor frustrations with an increase in down rounds for Q4.
Owens Corning joins the construction trend with purchase of roofing materials manufacturer InterWrap.
This Day In History (Feb. 24): 1900: New York City Mayor Van Wyck signs the contract for New York’s first rapid transit tunnel, which will join Brooklyn and Manhattan. The groundbreaking ceremony will occur a month later.