LiquidNet Inc., a New York
Seaport Capital has sponsored the merger of content marketing agency Story Worldwide with Byte Interactive, a strategic digital marketing agency. No financial terms were disclosed. www.storyworldwide.com www.byteinteractive.com
Call it the return of IPO optimism. I can’t find any other reason why Isilon Systems (Nasdaq: ISLN) popped 78% on its first day and is up nearly 100% since its IPO little more than a month ago. The distributed storage systems company is one of the few private companies losing money that has actually […]
Private equity is not, nor has it been, in the midst of a bubble. Its recent boom-times have been driven by legitimate market factors, and risk has been so mitigated – via debt securitization, among other techniques – that today’s private equiteers are unlikely to suffer the same fate as venture capitalists circa 2001. But, […]
PharmAthene Inc., an Annapolis, Md.-based biotech company focused on biological warfare threats, has agreed to go public via a reverse merger with Healthcare Acquisition Corp. (AMEX: HAQ), a special purpose acquisition company. The deal will provide PharmAthene with up to $70 million in cash, before payment of expenses. PharmAthene has raised over $76 million in […]
HomeAway Inc., an Austin, Texas-based operator of an online vacation rentals website, has acquired Abritel.fr SA, a France-based vacation rental website. No financial terms were disclosed. HomeAway shareholders include Austin Ventures, Redpoint Ventures, American Capital, Institutional Venture Partners and Trident Capital. www.homeaway.com www.Abritel.fr
Convio Inc., an Austin, Texas-based provider of online constituent relationship management solutions for nonprofit organizations, has acquired competitor GetActive Software Inc. of Berkeley, Calif. in an all-stock deal. No pricing terms were disclosed. Convio has raised over $36 million in VC funding from firms like Austin Ventures, Adams Street Partners, Granite Ventures, Silverton Partners and […]
Ariston Global, a Rochester, N.Y.-based acquisition platform of Spire Capital Partners, has acquired The Strata Group, a St. Louis-based provider of software applications for Web-based self-care to both service providers and their customers. No financial terms were disclosed. www.aristonglobal.com
The Brock Group has agreed to acquire Baton Rouge, La.-based XServ Inc., in order to form a combined provider of coatings, scaffolding and insulation for U.S. industrial businesses. No financial terms were disclosed. The Brock Group is controlled by Lindsay Goldberg & Bessemer, while XServ is a portfolio company of Mezzanine Management. www.brockgroup.com www.unitedscaffold.com
Fortify Software Inc., a Palo Alto, Calif.-based provider of software security products, has agreed to acquire Secure Software Inc., a McLean, Va.-based provider of application security. No financial terms were disclosed. Fortify has raised over 419 million in VC funding from DAG Ventures, Sigma Partners and Kleiner Perkins Caufield & Byers. Secure Software had raised […]