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Private Equity Investment Market News

South East Focus
Industry Wide Early Stage Investments
 
South East Focus

SEC sues Atlanta stockbroker :
The Securities and Exchange Commission said it filed a complaint against an Atlanta stock broker, Marion D. Sherrill, for operating an alleged Ponzi scheme. http://www.bizjournals.com/atlanta/stories/2005/02/14/daily11.html?f=et50

Perdue proposes tax relief for small businesses :
A bill that would provide tax relief to small businesses seeking to invest, grow and create jobs in Georgia has been introduced to the Georgia House of Representatives. http://www.bizjournals.com/atlanta/stories/2005/02/07/daily21.html?f=et50

Buckhead Community Bancorp net income swells :
Buckhead Community Bancorp's profit was up more than 50 percent in 2004
http://www.bizjournals.com/atlanta/stories/2005/01/31/daily6.html?f=et50


SEC sues former Atlanta bank VP for insider trading :
The Securities and Exchange Commission has filed a complaint alleging insider trading by Patrick S. Anderson and Vickie L. Westbrook. Anderson is the former vice president of Tucker Federal Bank, a regional bank in Atlanta that was previously owned by Eagle Bancshares Inc. http://www.bizjournals.com/atlanta/stories/2005/01/17/daily28.html?f=et50

Atlantis Plastics plans private offering :
Atlantis Plastics Inc. will offer $125 million in notes through a private placement. The notes, due 2012, will bear an interest rate to be determined at the time of the pricing of the offering. http://www.bizjournals.com/atlanta/stories/2005/01/17/daily7.html?f=et50

Definition 6 buys local firm :
Definition 6 has bought Warren Vance, a professional e-business and marketing strategy consulting firm, for an undisclosed amount. Atlanta-based Definition 6 also recently acquired Spin Communications of Greensboro, N.C http://www.bizjournals.com/atlanta/stories/2005/01/10/daily43.html?f=et50

First Capital Bancorp launched :
CNB Holdings Inc. has changed its name to First Capital Bancorp Inc. On Nov. 15, the Norcross-based bank holding company (OTCBB: CHGD) merged its Chattahoochee National Bank subsidiary into its First Capital Bank subsidiary, creating the new First Capital Bank. http://www.bizjournals.com/atlanta/stories/2005/01/03/daily51.html?f=et50

Complaint filed against AtheroGenics : Schatz & Nobel has filed a lawsuit seeking class action against AtheroGenics Inc. alleging the company violated federal securities laws by issuing false or misleading public statements. http://www.bizjournals.com/atlanta/stories/2005/01/03/daily44.html?f=et50

iKobo raises venture capital : iKobo Inc., a 3-year-old Atlanta company that provides electronic payment services, said it raised an undisclosed amount of venture capital to be used for product development and management recruitment.
http://www.bizjournals.com/atlanta/stories/2004/12/27/daily1.html?f=et50

Serologicals closes public offering :
Serologicals Corp. closed its public offering Tuesday, netting $105.2 million. Serologicals (NASDAQ: SERO) closed the offering of 4,830,000 shares at a price of $22.80. http://www.bizjournals.com/atlanta/stories/2004/12/20/daily13.html?f=et50

Gold Kist stock up slightly in first trading :
Gold Kist Inc.'s stock was up 0.4 percent in its first day of trading, closing at $11.35 a share. The company offered 12 million shares of common stock of its wholly owned subsidiary, Gold Kist Holdings Inc., at $11 a share.
http://www.bizjournals.com/atlanta/stories/2004/10/04/daily32.html?f=et50

 
 
Industry Wide Early Stage Investments

RealOps Announces $5 Million in Series A Funding; Valhalla Partners Leads Investment in Operations Automation Pioneer :
This round of financing will be used primarily for sales and marketing expansion, as well as for product enhancements to meet increasing demand for the company's flagship Integrated Operations Automation software, RealOps AMP
http://www.vfinance.com/invest/invest.asp?ToolPage=vcim_detail.asp&id=5390

Intelliworks Raises $6 Million in Series A Financing
The funds will be used to expand Intelliworks's suite of products and web-based software applications, augment the company's existing technology infrastructure, and increase visibility for the company through marketing and strategic alliances
http://www.vfinance.com/invest/invest.asp?ToolPage=vcim_detail.asp&id=5379

XenSource Raises $6 Million Series A Funding
XenSource was founded by the architects of the Xen hypervisor to foster and promote the adoption of Xen, a powerful, Open Source virtualization technology
http://www.vfinance.com/invest/invest.asp?ToolPage=vcim_detail.asp&id=5331

Accipiter Solutions, Inc. Secures $2 Million Expansion Capital
Accipiter plans to use the funding to hire additional personnel in sales, marketing, development and technical support, with 30% employee growth expected in 2005
http://www.vfinance.com/invest/invest.asp?ToolPage=vcim_detail.asp&id=5329

Enuclia Semiconductor(TM) Raises $5.3 Million in Series A Financing From Sevin Rosen Funds and BA Venture Partners
TThe investment will fuel aggressive growth for Enuclia by accelerating product and channel development
http://www.vfinance.com/invest/invest.asp?ToolPage=vcim_detail.asp&id=5287

TeleCIS Wireless Completes $4M Million Financing Round Led by ATA Ventures; Company to develop first multi-protocol chip for WiMAX
The funding will serve to augment the company's existing revenues from the licensing of its WLAN (802.11) chipset Intellectual Property and allow the company to continue its successful expansion into the WiMAX (802.16) System-on-a-Chip sector
http://www.vfinance.com/invest/invest.asp?ToolPage=vcim_detail.asp&id=5284

DiQuate secures E700K in funding
iQuate's solutions facilitate the reduction of the risks associated with running a business, the company said
http://www.vfinance.com/invest/invest.asp?ToolPage=vcim_detail.asp&id=5285

 

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