Iris Dorbian
Experian said Tuesday that it has agreed to buy 41st Parameter. No financial terms were disclosed. With offices in California, Arizona, UK, and Tokyo, 41st Parameter is a provider of device identification technology and web fraud detection. It is backed by Kleiner Perkins Caufield & Byers, Georgian Partners, Northwest Venture Partners and Jafco Ventures.
Frazier Healthcare has raised $377 million for its seventh fund. The pool's initial target was $300 million. Also, the company has promoted Brian Morfitt to general partner and Ben Magnano to partner. Based in Menlo Park, Calif. and Seattle, Washington, Frazier Healthcare is a growth buyout and venture capital firm focused emerging healthcare service and biopharma companies.
Fieldwood Energy, a portfolio company of Riverstone Holdings, has closed its buy of Apache Corp's Gulf of Mexico Shelf business for $3.75 billion. Citi, J.P. Morgan Securities Deutsche Bank and BofA Merrill Lynch provided financial advisory services to Fieldwood in the transaction.
Black Angus Steakhouse, which is backed by Versa Capital Management, said Tuesday that it has named David Wolfgram as president and CEO. The appointment is effective October 14, 2013. Wolfgram succeeds Meredith Taylor, who is retiring but will remain as an advisor and board member. Previously, Wolfgram was president and CEO of Boudin Bakery and Go Roma Real Easy Italian Kitchen. Black Angus Steakhouse is a restaurant chain.
Fate Therapeutics said Tuesday that it has priced its IPO of 6,666,667 shares at $6 per share. The stock begins trading today on the NASDAQ under the ticker symbol "FATE." The offering is expected to close on October 4, 2013. Cowen and Company and BMO Capital Markets Corp. are the underwriters for the IPO, with Wedbush Securities acting as co-manager. Based in San Diego, Calif., Fate Therapeutics is a stem cell biopharmaceutical company.
Cigital said Tuesday that it has raised $50 million in financing from LLR Partners. According to Cigital, the capital will be used for expansion. Based outside Washington, D.C., Cigital is a provider of software security services and solutions.
Chanticleer Holdings, an owner of Hooters of America, the popular restaurant franchise, said Tuesday that it has completed its previously announced acquisition of American Roadside Burgers. No financial terms were disclosed. Based in Charlotte, N.C., ARB is a casual dining restaurant chain. In addition to Chanticleer, Hooters of America is also owned by several private equity investors, among them H.I.G. Capital and KarpReilly.
ABBYY said Tuesday that it has named Peter Meehan as chief operating officer. Prior to joining the company, Meehan worked as a venture advisor for Sofinnova Ventures. Headquartered in Moscow, ABBYY is a provider of document recognition, capture and linguistic technologies and services.
Bruxie said Tuesday that it has received an undisclosed investment from Catterton Partners. According to Bruxie, the capital will be used for expansion. Bruxie is a gourmet waffle sandwich restaurant chain in Southern California.
LNK Partners said Tuesday that it has acquired Fitness Connection from WestView Capital Partners. No financial terms were disclosed. Robert W. Baird & Co served as advisor to Fitness Connection in the transaction. Golub Capital provided additional financing. Based in McLean, Virginia, Fitness Connection is a health club chain.