Iris Dorbian
Resource Capital Fund VI has agreed to provide a A$4 million convertible note facility to Bannerman Resources Limited. The financing will be used to support the construction and operation of a pilot plant at the Etango Project, a uranium asset based in Namibia. Headquartered in West Australia, Bannerman is an exploration and development company with uranium interests in Namibia.
Investment firm Deerfield has raised approximately $1.6 billion for its third fund focused on the healthcare sector. The pool will invest in areas ranging from biotech and pharmaceuticals to medical devices and animal health.
Corporate law firm Lowenstein Sandler has named Christopher Henry to its private equity and M & A practices. Previously, Henry worked at Ropes & Gray where he served as a partner.
Medina Capital has acquired Cryptzone. No financial terms were disclosed. Based in Sweden, Cryptzone is a provider of encryption solutions and identity and access management.
Online education firm Lynda.com said Monday that it has acquired Compilr. No financial terms were disclosed. Based in Halifax, Compilr is an online code editor. Lynda.com is backed by Accel Partners, Spectrum Equity and Meritech Capital Partners.
Stamford, Conn.-based private equity firm Olympus Partners said Monday that it has promoted David M. Haddad to general partner. Haddad joined the firm in June 2008.
GTCR has agreed to acquire Vocus for approximately $446.5 million in cash. According to terms of the agreement, GTCR will acquire all of the outstanding shares of Vocus's common stock for $18 per share. Stifel is serving as financial advisor on the transaction. Based in Beltsville, Maryland, Vocus is a provider of cloud marketing software.
Southern Tech, a portfolio company of Wicks, has closed its buy of Southwest Florida College. The seller was Sextant Education Corp. No financial terms were disclosed. With various campuses based in Florida, SWFC is a private educational institution.
Famous Brands, the parent company of TCBY Yogurt and Mrs. Fields Cookies, has named Kimberly Aylward as general manager of direct-to-consumer gifting at Mrs. Fields. In this newly created position, Aylward will oversee e-commerce sales and brand marketing initiatives. Famous Brands is a portfolio company of Z Capital.
Susquehanna Growth Equity said Monday that it has named Jeffrey Moss as a director. Previously, Moss worked at Educational Testing Service where she served as vice president of specialized education services and chief of enterprise growth.