MedAssets Inc. (Nasdaq: MDAS) has agreed to acquire Accuro Healthcare Solutions Inc., a Dallas-based provider of financial and operational solutions for healthcare providers. The deal is valued at approximately $350 million in cash and stock (including assumed debt). Accuro currently is in registration for a $143.75 million IPO, and is controlled by Welsh, Carson, Anderson […]
NXP Semiconductors has agreed to acquire the broadband media processing assets of Conexant Systems Inc. (Nasdaq: CNXT). The deal includes a $110 million up-front cash payment, and up to $35 million in earn-out considerations. NXP is the former semiconductor unit of Philips, which was acquired in 2006 by KKR, Bain Capital, Apax Partners, AlpInvest and […]
Crystal Food Services, a unit of Sun Capital Partners portfolio company Marsh Supermarkets, has sold most of its catering contracts to Centerplate Inc. (AMX: CVP). No financial terms were disclosed. www.centerplate.com
Catterton Partners has closed its debut growth equity fund with $300 million in capital commitments. The fund will target control investments in high-growth consumer companies requiring between $10 million and $30 million in equity. Catterton had previously closed its sixth buyout fund in June 2006 with $1 billion. Read more
Sonic Solutions (Nasdaq: SNIC) has acquired Simple Star Inc., a San Francisco-based developer of a multimedia storytelling platform and online community. No financial terms were disclosed. Simple Star had raised just over $10 million in VC funding from Venrock and individual angels. PRESS RELEASE Sonic Solutions
Strands, a Corvallis, Ore.
Wishpot, a Seattle-based provider of a social shopping plug-in application, has raised $1 million in Series A funding. Monster Venture Partners led the round, with H-Farm (Italy) and angel Adrian Hanauer also participating. www.wishpot.com
DocStoc.com, a Beverly Hills-based online community to find and share professional documents, has raised $3.25 million in Series B funding led by Rustic Canyon Partners. Read more
Smashburger, a burgeoning burger chain, has raised $15 million from Consumer Capital Partners, to fund expansion. www.mysmashburger.com
Apogenix GbBH, a German drug company focused on the targeted modulation of apoptosis, has raised EUR 27.5 million in second-round funding led by Dievini Hopp BioTech. PRESS RELEASE Apogenix GmbH, a biopharmaceutical company developing novel drugs based on the targeted modulation of apoptosis (programmed cell death), today announced the closing of its second financing […]