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Macquarie has reportedly accepted a 1.2 bln eur offer by Gemina SpA to buy the Australian group's 45 pct stake in Aeroporti di Roma SpA (AdR), the company that runs the Rome airports, according to the on-line version of daily Il Sole 24 Ore, which cited financial sources. Gemina already owns 51 pct of AdR. […]
NEW YORK (AP) – Blackstone Group's much-anticipated initial public offering of its management company will occur during the week of June 25, underwriter Morgan Stanley said on Wednesday. Blackstone, the world's largest private-equity firm, will sell 12.3 percent of its management arm in an offering expected to value the entire company at around $32 billion. […]
Jayanta Banerjee has joined Lehman Brothers has managing director and head of private equity and growth capital in India (excluding real estate). He previously was a director with ICICI Ventures. www.lehman.com
Millennium Pharmacy Systems, a Wexford, Pa.-based provider of contract pharmacy services, has raised $40 million in new VC funding. Essex Woodlands Health Ventures led the deal, and was joined by Ascension Health Ventures, Essex Woodlands operating partner Steve Wiggins and return backers CHL Medical Partners, Boulder Ventures and undisclosed angels. VentureWire quotes Millennium CEO Gary […]
Mike Cassidy has joined Benchmark Capital as an entrepreneur-in-residence. His past gigs include co-founder of Stylus Innovation (Windows technology application sold to Artisoft), CEO of Direct Hit (online search sold to AskJeeves) and CEO of Xfire (online gaming community sold to Viacom). www.benchmark.com
ISGN Technologies Ltd., an India-based provider of knowledge process outsourcing to the U.S. mortgage industry, has raised $25 million in first-round funding. New Enterprise Associates led the deal with a $20 million investment, and was joined by affiliate NEA-IndoUS Ventures. www.isgn.com
Reactive Nanotechnologies Inc., a Hunt Valley, Md.-based developer of nano-scale furnaces for soldering applications, announced that it has raised $14.3 million in Series C funding. PE Week Wire reported last week that the company had called down $10.5 million of a $17 million Series C round, according to a regulatory filing. Siemens Venture Capital led […]
OmniSonics Medical Technologies Inc., a Wilmington, Mass.-based developer of ultrasound technology for breaking up blood clots, has raised $20 million in Series D funding, according to VentureWire. Return backers include Canaan Partners, Domain Associates, Johnson & Johnson Development Corp., Nomura Phase4 Ventures, New England Partners, and H&Q Capital Management. The company hopes to add another […]
PermissionTV Inc., a Waltham, Mass.-based maker of an interactive Internet video technology platform, has raised $9 million in Series C funding. Castile Ventures and Point Judith Capital co-led the deal, and were joined by return backers Common Angels, CramerOnline, Inflection Point Investors, the Massachusetts Technology Development Corp. (MTDC), SAS Investors and the Venture Capital Fund […]
Kreeda Games India Pvt Ltd., a Mumbai, India-based online gaming company, has raised an undisclosed amount of Series A funding co-led by IDG Ventures India and Softbank Bodhi Investments. The Economic Times reports that the deal is under $10 million. Kreeda takes existing games and repurposes them for the Indian market. www.kreeda.com
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