Industrial Equity Investments Ltd., an international investment firm based in Ireland, has agreed to acquire Tokyo-based agrochemical company Arysta LifeScience Corp. from Olympus Capital Holdings Asia. No financial terms were disclosed for the deal, which is expected to close in early 2008. IEIL is owned by Permira, which provided all of the acquisition's equity. PRESS […]
The Carlyle Group today responded to criticism of its proposed buyout of nursing home operator Manor Care, by sending a “Patient’s First” pledge to state regulators. Just hours later, however, Carlyle’s main antagonist — the Service Employees International Union — dismissed the pledge as nothing more than a “PR tactic.” We might be nearing the point […]
MeeVee Inc., a Burlingame, Calif.-based provider of online video entertainment search solutions, has acquired Top Ten Sources, an Internet aggregator of rich media content from blogs, podcasts, video and mainstream media. No financial terms were disclosed. MeeVee has raised around $27 million in VC funding, from firms like Bay Area Equity Fund, Defta Partners, FCPR […]
2Wire Inc., a San Jose, Calif.-based provider of broadband service delivery platforms, has acquired Kenati Technologies Inc., a Sunnyvale, Calif.
Symphony Services Inc., a Palo Alto, Calif.
I’m expecting that there will be some sort of compromise on the Sallie Mae deal, since all of this huffing and puffing seems to be more about leverage than indignation. But, for the sake of column, let’s assume that the Flowers consortium walks away and is required to pay the $900 million breakup fee. The […]
InfoSpace Inc. (Nasdaq: INSP) has agreed to sell its mobile services business to Motricity Inc., a Durham, N.C.-based provider of mobile marketplace management solutions. The deal is valued at $135 million in cash, and is expected to close within the next 90 days. Credit Suisse Securities is advising InfoSpace on the deal. Motricity has raised […]
E&B Giftware, a Yonkers, N.Y.-based portfolio company of Milestone Partners, has acquired Valeo Inc., a Sussex, Wis.-based maker of fitness accessory and workplace safety products. No financial terms were disclosed. GE Antares led the leveraged financing, while Carl Marks Advisory advised Valeo on the sale. www.ebgift.com www.valeoinc.com
Smalltown, a San Francisco-based user-generated content site for local communities, has acquired Local2Me, an online community for Bay Area residents. No financial terms were disclosed. Smalltown last year raised in Series A funding from Formative Ventures. www.smalltown.com www.local2me.com
CLK Design Automation Inc., a Littleton, Mass.-based maker of static timing and power analysis solutions, has acquired Synchronous Design Automation, a developer of clock tree synthesis and optimization tools for advanced digital chip designs. No financial terms were disclosed. CLK has raised $9 million in VC funding from Atlas Venture and Morgenthaler Ventures. www.clkda.com www.synchronous-da.com