GoAmerica Inc. (Nasdaq: GOAM) has agreed to acquire Hands On Video Relay Services Inc., a Rocklin, Calif.-based provider of audio and video communications for deaf and hard-of-hearing people. The deal is valued at approximately $69 million, including $35 million in cash and 6.7 million shares of GoAmerica common stock. Clearlake Capital will help finance the […]
ITSolutions, a Silver Springs, Md.-based provider of IT services to federal, state and local government agencies, has agreed to acquire Codin Solutions Inc., a Herndon, Va.-based provider of IT services to the U.S. federal government. No financial terms were disclosed. ITSolutions is backed by Edgewater Funds. www.itsolutions-llc.com
NRG Media, a Cedar Rapids, Iowa-based radio network, has purchased five radio stations in Lincoln, Nebraska. No additional information was disclosed. NRG was formed via a 2005 consolidation of radio stations owned by Waitt Media and NewRadio Group. Its shareholders include Alta Communications, Waitt Media and the McCarthy Group. www.nrgmedia.com
United BioSource Corp., a Bethesda, Md.-based provider of evidence-based services and information to the pharma and life sciences markets, has acquired an ownership interest in ClinResearch GmbH, a Cologne, Germany-based provider of technology solutions and services for clinical trials. No additional information was disclosed. United BioSource has raised $153 million in private equity funding from […]
Aptuit Inc., a Greenwich, Conn.-based provider of streamlining and support services for drug developers, has agreed to acquire the chemical development business of Evotec AG (Frankfurt: EVT). The deal is valued at approximately EUR46.4 million in cash, and includes Evotec's capabilities in process R&D, custom preparation, analytical development, pilot plant manufacturing and formulation. Aptuit said […]
Gennum Corp. (TSX: GND) has agreed to sell its hearing instrument products and manufacturing operations to Sound Design Technologies Ltd., a portfolio company of Gores Equity. The deal is valued at Cnd$14 million in cash, plus another Cdn$1.3 million in possible milestone payments. Genuity Capital Markets advised Gennum on the transaction. www.gennum.com www.gores.com
Network Communications Inc., a Lawrenceville, Ga.
Author Solutions (a.k.a. AuthorHouse), a Bloomington, Ind.-based self-publishing company, has acquired rival iUniverse for an undisclosed amount. Author Solutions is a portfolio company of Bertram Capital. iUniverse had raised over $39 million in VC funding from firms like Warburg Pincus, including a 2001 infusion at a post-money valuation of approximately $131 million (Warburg later sold […]
Canon Communications LLC of Los Angeles has acquired Engel Publishing Partners from Euromoney Institutional Investor PLC. No financial terms were disclosed. Engel is a B2B media company focused on the pharmaceutical market. Canon is controlled by Spectrum Equity Investors. www.cancom.com
Focus Brands, a restaurant franchise acquisition platform backed by Roark Capital Partners, has acquired Moe's Southwest Grill, a fast-casual restaurant chain with 360 locations. No financial terms were disclosed. Focus Brands now has five franchise brands generating over $1 billion in annual system-wide revenue. Moe's joins sister companies Carvel Ice Cream (acquired in 2001), Cinnabon […]