Jonathan Marino
Personetics, a provider of solutions for customer interactions with financial services companies, raised $6.5 million from investors including Carmel Ventures and Sequoia Capital. Avi Zeevi, of Carmel Ventures, and Shmil Levy, of Sequoia Capital, will be joining Personetics board of directors.
Just a few days off its acquisition of DealADayOnline; BuyWithMe announced earlier today it will acquire Groop Swoop, a San Francisco-based daily deals operation. BuyWithMe launched in May 2009 and will integrate it and Taylor Wang, Groop Swoop’s founder, into its existing and growing stable of offerings. Specifics on the deal were not publicized.
Venture capital firm Morgenthaler Ventures is launching a startup competition for entrepreneurs seeking seed or Series A funding for technology specific to the healthcare space. Applications will be accepted at www.dctovc.com. Judges include Jeff Tangney, founder of Epocrates and Doximity; Ryan Howard, founder of Practice Fusion; Brian Ascher, partner at Venrock; Alex de Winter, partner at MDV; and Rebecca Lynn, partner at Morgenthaler Ventures.
New MainStream Capital and MBF Healthcare Partners LP are merging a pair of healthcare and home care assets together, the PE firms announced. SunCrest Healthcare and Omni Home Care are being merged in a deal that will result in the sponsors having joint ownership of the combined companies. Harpeth Capital acted as financial advisor to SunCrest. Greenberg Traurig, P.A. served as legal counsel on the transaction to OMNI, and Waller Lansden Dortch & Davis, LLP served as legal counsel to SunCrest. Financing for the transaction was joint lead arranged and underwritten by affiliates of GE Capital Corporation, SunTrust Robinson Humphrey and BMO Capital Markets.
To Say Nothing of Their Porn Stash: The SEC wasted $1M on data storage You’re Either Big Four, or Forgotten: Startups clamor for attention On the Go: Rob Go raps with Grasshopper Group’s Hauser Right Down to the Worm: Diageo eyes Cuervo
Social media management software firm Conversocial raised £1.5 from DFJ Esprit, the European VC firm. Nic Brisbourne, partner at DFJ Esprit, will be joining the board at Conversocial as non-executive director. Advisors on the deal were not publicized.
Connecticut-based Westport Capital Partners and Hong Kong developer Tenacity Real Estate Group sold off a Macau, China office and retail building to an undisclosed buyer in a $125 million deal. The two partnered to acquire the property in 2006 and pumped $10 million in upkeep into it over the five-year hold. Specifics of the transaction were not revealed.
Chicago-based lower middle market investment firm Winona Capital Management put $13 million into Circa Inc., a buyer of jewelry and watches. Circa was advised by Consensus Advisors in the transaction. Specifics of the deal were not publicized.
Waud Capital Partners’ Acadia Healthcare Co. has a deal in place with NYSE-listed PHC Inc. to merge in a deal that will result in the majority of the merged company’s shares being controlled by Acadia backers. Later, Acadia will move the company to the Nasdaq market. In connection with the transaction, Jefferies & Company, Inc. acted as exclusive financial advisor and Arent Fox LLP acted as legal advisor to PHC. Kirkland & Ellis LLP served as legal advisor to Acadia and Jefferies Finance LLC provided financing commitments to Acadia to support the transaction.
Everyday Struggle: LivingSocial, Foursquare slug it out locally Disruptive: Updates from our competitor’s annual event What Gives? Fred Wilson, who earlier told us USV hadn’t made any secondary market exits, changes his tune Deals! Twitter buys Tweetdeck