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
Medical Specialties Distributors LLC, a Stoughton, Mass.-based supplier of healthcare products and biomedical equipment rentals and services, has acquired of Wren Medical Systems Inc., a Gurnee, Ill.-based distributor of infusion and enteral therapy products to both the alternate site and acute care markets. No financial terms were disclosed. MSD is a portfolio company of MBF […]
Navarro Discount Pharmacies LLC, a portfolio company of MBF Healthcare Partners, has agreed to acquire Sedano's Pharmacy & Discount Store Inc., a drug retail company with 11 pharmacies in the South Florida market. No financial terms were disclosed. www.navarro.com
PQ Corp., a specialty chemical company acquired in July by The Carlyle Group, has agreed to acquire INEOS Silicas, a division of INEOS. No financial terms were disclosed, except that the combined company would have annual sale revenue in excess of $1 billion. Carlyle Group will hold around a 60% stake in the company, while […]
Specialty Coating Systems Inc., a portfolio company of Bunker Hill Capital, has acquired the remaining interests it did not already own in Parylene Japan KK. No financial terms were disclosed. PJKK was originally formed as a joint venture between SCS and Three Bond Co. of Japan, in order to provide parylene coating services within Japan.
Alliant Insurance Services Inc., an insurance firm bought by The Blackstone Group in August, has acquired Clarity Benefit Consulting, an Atlanta-based provider of specialty consulting services in the areas of absence management and disability and life insurance. No financial terms were disclosed. www.alliantinsurance.com
DARA Biosciences Inc. has agreed to go public via a reverse merger with Point Therapeutics Inc. (Nasdaq: POTP), following which DARA shareholders would hold 96.4% of Point's outstanding shares. The merged company will retain the DARA Biosciences name. DARA is a Raleigh, N.C.-based drug company that has raised just over $10 million in VC funding […]
SendMe, a San Francisco-based mobile media company, has acquired Mbuzzy, an off-portal mobile community for the U.S. market. No financial terms were disclosed. SendMe has raised $6 million in VC funding from Spark Capital and True Ventures. www.sendme.com www.mbuzzy.com