Tuesday Apr 8
PNC provides $25 million in financing toward purchase of Chicago metals firm
PNC Financial Services Group Inc. provided $25 million to finance the acquisition of assets of a metals supplier by a private equity firm and to provide it with ongoing working capital.
Flipping The University: A Young Entrepreneurs Guide
The following guest post is by Brad Keywell, an entrepreneur and cofounder and managing partner of Lightbank , a Chicago venture fund.
Keywell to be Acquired by Equity Firm
A U.S. bankruptcy court has approved a sale order for KW Metals, LLC, an entity formed and controlled by the Texas-based private equity firm Prophet Equity , to complete the purchase of assets of Illinois-based Keywell LLC. Earlier published reports indicated that competing stainless steel recycling company Cronimet Corp., Aliquippa, Pa., also was ... (more)
Lightbank Launches A Coworking Space In Chicago
Chicago-based Lightbank, the VC firm started by Groupon investors Eric Lefkofsky and Brad Keywell, is launching a new co-working space at 600 W. Chicago Avenue today, called The Warehouse .