Pincus

Soundtrack Your Brand Closes Funding Led by Matt Pincus' MUSIC to Unlock Premium B2B ARPU, Accelerate Growth and Pursue Market Consolidation

Retrieved on: 
Wednesday, June 14, 2023
Balderton Capital, Music, Partnership, MUSIC, B2B, Fuel Venture Capital, Pincus, DIG, B2C, ARPU, EBITDA, ARR, Yoy, Growth, Publishing, Telia, Soundtrack

STOCKHOLM, N.Y., June 14, 2023 /PRNewswire/ -- Soundtrack Your Brand, the leading global music streaming service for businesses, today announced its $15 million pre-growth round led by MUSIC, a holding company led by Matt Pincus in partnership with Liontree, JS Capital Management and Schusterman Family Investments.

Key Points: 
  • "It's hard to believe but, before Soundtrack Your Brand, business owners had no legitimate option to play music on demand for their customers," says Pincus.
  • Soundtrack Your Brand unlocking the B2B market represents one of few tangible solutions to increasing ARPU for streaming worldwide.
  • "Our mission to bring transparency and accountability to the dysfunctional background music market is gaining momentum," Soundtrack Your Brand CEO Ola Sars said.
  • Moving into 2024, the company will raise in an additional growth round to fund the further consolidation of the global background music market.

LVRN APPOINTS GRAMMY AWARD-WINNING PRODUCER BRYAN-MICHAEL COX AS SENIOR VP, A&R, AND EXECUTIVE PRODUCER

Retrieved on: 
Tuesday, February 21, 2023
Record, Justice, Love Renaissance, MUSIC, Music, Language, Entrepreneurship, News, Pincus, Senior, R, Georgia Music Hall of Fame, Creativity, Executive producer, A&R, Songwriter, Billboard, Summer Walker, Film industry, LVRN, Usher

ATLANTA, Feb. 21, 2023 /PRNewswire/ -- Announced today, leading Atlanta-based hip-hop and R&B record label Love Renaissance (LVRN) appoints Grammy Award-winning producer and songwriter Bryan-Michael Cox as Senior Vice President, A&R, and Executive Producer.

Key Points: 
  • ATLANTA, Feb. 21, 2023 /PRNewswire/ -- Announced today, leading Atlanta-based hip-hop and R&B record label Love Renaissance (LVRN) appoints Grammy Award-winning producer and songwriter Bryan-Michael Cox as Senior Vice President, A&R, and Executive Producer.
  • Bryan-Michael Cox is a respected and accomplished producer and executive, and he's the perfect addition to our team to help continue in bridging that gap.
  • Bryan not only speaks the same language as the artist, but he also shares the same values as LVRN.
  • This is a perfect fit," says Bryan-Michael Cox, Grammy Award-winning producer and songwriter.

Mubadala leads a $500M+ equity round into Princeton Digital Group, the leading pan-Asia data center company

Retrieved on: 
Tuesday, February 22, 2022
PDG, Pension, Growth, Ontario Teachers' Pension Plan, Investment, Trust, Warburg Pincus, Internet, 4 Digital Group, Real estate, Data infrastructure, Pan-Asia, Teacher, Pincus, Senior, United Arab Emirates, LinkedIn, Geography, Leadership, Princeton University, CEO, Government, Pension fund, Cryptocurrency, Security (finance), Mubadala Investment Company

SINGAPORE, Feb. 22, 2022 /PRNewswire/ -- Singapore-based Princeton Digital Group (PDG) has closed an equity investment from Mubadala Investment Company (Mubadala) as a lead investor for $350M. Both existing shareholders in PDG, Warburg Pincus and Ontario Teachers' Pension Plan Board (Ontario Teachers'), also invested in this round, with the total exceeding half a billion dollars.

Key Points: 
  • Established in 2017, PDG is a leading Pan-Asia data center operator with an unrivalled footprint across key Asian digital economies.
  • The company serves hyperscalers, internet and cloud companies, and financial institutions with scalable and reliable internet infrastructure and world-class data center services to meet their increasing demand across Asia.
  • PDG is a leading data center infrastructure platform operating in an attractive market with strong tailwinds and catering to rising demand from the hyperscale segment and more broadly Asia's digital economies.
  • "We are excited to have a leading sovereign fund Mubadala as another blue-chip investor in PDG.

TransPerfect Wins Contempt Motion Victory Against Custodian-Hired Law Firm

Retrieved on: 
Monday, September 27, 2021
Mississippi Chancery Courts, ISO, Language, Insurance, Solution, Sale, Multimedia, Court, Court of Chancery, Letter, City, Motion, Risk, Technology, Pincus, TransPerfect, Delaware Court of Chancery, Delaware Supreme Court, Online gambling, Pharmaceutical industry, Life insurance

His letter enraged the many TransPerfect employees who had their health benefits cut by Pincus while he simultaneously wasted millions of dollars from the company's coffers.

Key Points: 
  • His letter enraged the many TransPerfect employees who had their health benefits cut by Pincus while he simultaneously wasted millions of dollars from the company's coffers.
  • TransPerfect has now filed a motion seeking relief from the most recent acts of alleged dishonesty by Pincus and his counsel, Jennifer Voss of Skadden.
  • TransPerfect's motion is rooted in there being no provision that permits a unilateral extension of the escrow for "future" potential claims.
  • Nevertheless, Pincus has openly breached the contract, engaged in self-serving self-help, and again flaunted the tenets of well-established Delaware contract law.

TransPerfect Wins Contempt Motion Victory Against Custodian-Hired Law Firm

Retrieved on: 
Monday, September 27, 2021
Legal, Technology, Other Communications, Consulting, Other Technology, Communications, Professional Services, Software, Data Management, Mississippi Chancery Courts, ISO, Language, Insurance, Voss, Solution, Sale, Court, Court of Chancery, City, Motion, Technology, Pincus, Delaware Court of Chancery, Delaware Supreme Court, Online gambling, Pharmaceutical industry, Lease

His letter enraged the many TransPerfect employees who had their health benefits cut by Pincus while he simultaneously wasted millions of dollars from the company's coffers.

Key Points: 
  • His letter enraged the many TransPerfect employees who had their health benefits cut by Pincus while he simultaneously wasted millions of dollars from the company's coffers.
  • TransPerfect has now filed a motion seeking relief from the most recent acts of alleged dishonesty by Pincus and his counsel, Jennifer Voss of Skadden.
  • TransPerfects motion is rooted in there being no provision that permits a unilateral extension of the escrow for future potential claims.
  • Even Chancellor McCormick publicly has recognized TransPerfect is not a credit risk and it follows that no escrow is needed.

Imperial Capital, LLC Acts as Exclusive Financial Advisor to Remote Forensics Investigation and Incident Response Leader CyFIR In Its Acquisition by Cybersecurity Services Provider eSentire

Retrieved on: 
Thursday, July 8, 2021
Warburg Pincus, Warburg family, Pincus

LOS ANGELES, July 8, 2021 /PRNewswire/ -- Imperial Capital, LLC acted as the exclusive financial advisor to CyFIR, LLC ("CyFIR"), in connection with its sale to eSentire, a portfolio company of private equity firm Warburg Pincus.

Key Points: 
  • LOS ANGELES, July 8, 2021 /PRNewswire/ -- Imperial Capital, LLC acted as the exclusive financial advisor to CyFIR, LLC ("CyFIR"), in connection with its sale to eSentire, a portfolio company of private equity firm Warburg Pincus.
  • Based in Ashburn, Virginia, CyFIR is the category leader for remote forensics investigation and incident response (IR).
  • "The combined capabilities of eSentire and CyFIR will create a category gorilla in the managed detection, incident response, and forensics investigation markets," said Rick Juarez, transaction leader and Managing Director, Imperial Capital.
  • "We expect the companies' combined capabilities will be truly unique and force many of their competitors to play 'catch up'."

Insilico Medicine Raises $255 Million in Series C Financing Led by Warburg Pincus

Retrieved on: 
Tuesday, June 22, 2021
Health sciences, Health, Pharmaceutical sciences, Insilico Medicine, Warburg Pincus, Clinical trial, Pincus, Pharmaceutical industry

NEW YORK and HONG KONG, June 22, 2021 /PRNewswire/ --Insilico Medicine, a global leader in end-to-end artificial intelligence for target discovery, small molecule chemistry, and clinical development, announced that it has closed a $255 million Series C financing led by Warburg Pincus.

Key Points: 
  • NEW YORK and HONG KONG, June 22, 2021 /PRNewswire/ --Insilico Medicine, a global leader in end-to-end artificial intelligence for target discovery, small molecule chemistry, and clinical development, announced that it has closed a $255 million Series C financing led by Warburg Pincus.
  • Min Fang, Managing Director at Warburg Pincus, will join Insilico Medicine's Board of Directors.
  • Insilico Medicine also develops software for the generation of synthetic biological data, target identification, and the prediction of clinical trials outcomes.
  • Since its inception in 2014, Insilico Medicine has raised over $310 million from expert pharmaceutical, and technology investors, and received multiple industry awards.

Insilico Medicine Raises $255 Million in Series C Financing Led by Warburg Pincus

Retrieved on: 
Tuesday, June 22, 2021
Insilico Medicine, Warburg Pincus, Pincus

NEW YORK and HONG KONG, June 22, 2021 /PRNewswire/ --Insilico Medicine, a global leader in end-to-end artificial intelligence for target discovery, small molecule chemistry, and clinical development, announced that it has closed a $255 million Series C financing led by Warburg Pincus.

Key Points: 
  • NEW YORK and HONG KONG, June 22, 2021 /PRNewswire/ --Insilico Medicine, a global leader in end-to-end artificial intelligence for target discovery, small molecule chemistry, and clinical development, announced that it has closed a $255 million Series C financing led by Warburg Pincus.
  • Min Fang, Managing Director at Warburg Pincus, will join Insilico Medicine's Board of Directors.
  • Since its inception in 2014, Insilico Medicine has raised over $310 million from expert pharmaceutical, and technology investors, and received multiple industry awards.
  • Warburg Pincus is one of the most active investors in the China healthcare industry, having invested more than $1.85 billion in the sector.

Risk Strategies Appoints Steve Pincus as National Personal Lines Practice Leader

Retrieved on: 
Tuesday, June 15, 2021
Academic disciplines, Articles, DeWitt Stern Group, Risk management, Marsh, Pincus

BOSTON, June 15, 2021 (GLOBE NEWSWIRE) -- Risk Strategies , a leading national specialty insurance brokerage and risk management firm, today announced the appointment of Steve Pincus as National Personal Lines Practice Leader.

Key Points: 
  • BOSTON, June 15, 2021 (GLOBE NEWSWIRE) -- Risk Strategies , a leading national specialty insurance brokerage and risk management firm, today announced the appointment of Steve Pincus as National Personal Lines Practice Leader.
  • He joined Risk Strategies through the 2014 acquisition of DeWitt Stern Group , and in 2018 he was named the New York Metro Region Leader for Risk Strategies.
  • Prior to DeWitt Stern, he worked at Marsh and Rockefeller Risk Advisors, focusing mainly on personal lines and high-net-worth clients.
  • Pincus has been acting as interim National Personal Lines Leader since December of 2020.

Aura Raises $150 Million Series E Led by Warburg Pincus

Retrieved on: 
Wednesday, June 9, 2021
Warburg family, Warburg Pincus, Investment, Private equity, Pincus, Finance

BURLINGTON, Mass., June 9, 2021 /PRNewswire/ -- Aura, a leading provider of comprehensive digital security for consumers, today announced a $150 million Series E funding round led by Warburg Pincus, a leading global growth equity firm.

Key Points: 
  • BURLINGTON, Mass., June 9, 2021 /PRNewswire/ -- Aura, a leading provider of comprehensive digital security for consumers, today announced a $150 million Series E funding round led by Warburg Pincus, a leading global growth equity firm.
  • Chandler Reedy, Managing Director and Head of Strategic Investments, Warburg Pincus and Brian Chang, Managing Director, Warburg Pincus, will join the Aura board of directors.Aura has raised a total of approximately $450 million to date from investors including Accel, General Catalyst and WndrCo, in addition to Warburg Pincus.
  • The company's award-winning offerings are trusted by more than 1.7 million customers today, generating more than $220 million in annual revenue.
  • "At Aura, we're working to bring peace of mind to consumers that their families are protected from financial crime."