Meakem Becker VC exits investment
The Business Journals, Pittsburgh Business Times, October 29, 2013
A portfolio company of Meakem Becker Venture Capital was sold Tuesday, which translates into some cash for investors in the $75 million fund raised by the Sewickley-based VC. The question is how much.
Here’s the scoop: Shipwire, based in Palo Alto, Calif., and one of the earliest investments by MBVC, was bought by Ingram Micro (NYSE:IM), taking the Santa Ana, Calif.-based wholesale technology distributor and global supply chain company into the e-commerce services arena.
Read the full article here.