SafeNet Inc., an information security company owned by Vector Capital, has acquired the assets of Beep Science AS, a provider of mobile digital rights management software. No financial terms were disclosed. PRESS RELEASE SafeNet, Inc., a global leader in information security, today announced that it has acquired assets of Beep Science AS, a […]
Welocalize Inc., a Frederick, Md.
EnzymeRx, a Paramus, N.J.-based, has raised $14 million from Pequot Capital Management. It also has acquired worldwide rights (excluding Taiwan) for uricase-PEG 20 from Polaris Pharmaceuticals. PEG 20 is a pegylated form of the enzyme uricase that has previously completed a single dose phase I trial and is being developed for the treatment of […]
Manhattan Physicians Laboratories, a new clinical lab group formed by former Quest Diagnostics executives, has acquired Genatom Inc., a provider of routine lab services for clients in the New York-New Jersey metropolitan area. No financial terms were disclosed. MPL has raised more than $20 million from backers like Trevi Health Ventures. PRESS RELEASE […]
What: Turnaround firm MatlinPatterson Global Advisors agreed to invest more than $530 million into troubled West Coast homebuilder Standard Pacific Corp. (NYSE: SPF). The deal includes around $381 million of preferred stock convertible into common stock at $3.05 per share. MatlinPatterson also will exchange approximately $128.5 million of senior and subordinated notes for preferred stock […]
Summit Energy Services Inc., a Louisville, Ky.-based provider of energy management services, has acquired Siemat Energy, a Belgium-based company with around 130 industrial and commercial clients in Europe. No financial terms were disclosed. Summit Energy last year raised $82.5 million in a common stock round led by Weston Predisio. PRESS RELEASE Summit Energy […]
SezWho, a Los Altos, Calif.-based provider of ratings and reputation services for online communities, has acquired Tejit, a provider of semantic intelligence solutions. No financial terms were disclosed. SezWho last year raised $1 million in first-round funding from KPG Ventures. PRESS RELEASE SezWho (www.sezwho.com), a universal profile service for the social web that engages communities […]
Oncogenex Technologies Inc., a Vancouver-based drug company focused on cancer therapeutics, is going public via a reverse merger with Sonus Pharmaceuticals Inc. (SNUS). OncoGenex backers will receive 37 million Sonus shares, which were valued at around $10.4 million after Sonus shares slumped down to just $0.28 on the merger news. They also could receive another […]
The Blackstone Group and Wellspring Capital Management have completed their $1.3 billion take-private buyout of Performance Food Group Co. Performance Food stockholders received $34.50 per share. Performance has now been merged with Vistar Corp., a foodservice distributor already owned by Blackstone and Wellspring. PRESS RELEASE Performance Food Group Company announced today that the previously announced […]
Maybe you have them on your staff: Associates who spend their time cold-calling owners of family-held companies to see if they might be open to selling. These shots in the dark must occasionally hit their mark. But put yourself in the shoes of one of these entrepreneurs for a moment, bearing in mind that these […]