Wednesday, August 31, 2011
Capital Exchange Acquired By Revolution Capital Group
Valencia-based Capital Exchange, an online community site focused on the financial community, has been acquired by Los Angeles private equity firm Revolution Capital Group, Revolution Capital said today. Financial terms of the acquisition were not disclosed. The Capital Exchange provides networking for investment banks, private equity firms, hedge funds, M&A professionals, and lending institutions. Revolution Capital said the site's operations will be led by Chongyang Luo, CTO and Operations Director for the Capital Exchange and Director of Technology for Revolution Capital Group.