Dobbies Garden Centres, which operates 21 garden centres in England and Scotland saw its share price rise over 9.6% this morning after it confirmed that it had received an approach regarding a possible bid for the group. Although the name of its suitor was not given, speculation suggests that the bidder could be a private […]
Apax Partners and Permira have asked for another round of first-round bids due today for UK fashion retailer New Look, after several expected suitors failed to meet the initial deadline. The Times of London reports that several parties balked at the
QuestMark Partners today will hold a $260 million first close on its third fund, according to VentureWire. A final close on $300 million in planned for the end of June. The Baltimore, Md.-based firm focuses on expansion-stage and late-stage opportunities in the healthcare and technology spaces. It raised $233 million for its second fund in […]
Amicus Therapeutics Inc., a Cranbury, N.J.-based drug company focused on genetic diseases like Fabry disease, priced 5 million common shares at $15 per share ($14-$16 range), for an IPO take of approximately $60 million. The offering gave Amicus a market cap of approximately $333 million, but that fell as the stock finished its first day […]
Advanced BioHealing Inc., a La Jolla, Calif.-based regenerative medicine company, has raised $4.5 million in additional Series C funding from CDIB BioScience Ventures and existing shareholder Safeguard Scientifics. This brings the round total to $30 million, with prior backers including Safeguard Scientifics, Channel Medical Partners, Red Abbey Venture Partners and return backers Canaan Partners and […]
Welsh, Carson, Anderson & Stowe has completed its sale of diagnostics testing company Ameripath to Quest Diagnostics (NYSE: DGX). The deal was valued at approximately $2 billion, including $770 million in debt. WCAS acquired Ameripath in 2003 for approximately $840 million. www.ameripath.com
Sonoco (NYSE: SON) has completed its acquisition of Matrix Packaging from Tricor Pacific Capital and the company founders, for approximately US $210 million. Matrix Packaging is a Mississauga, Ontario-based manufacturer of custom-designed blow-molded rigid plastic containers and injected-molded products. It was advised on the sale by BMO Capital Markets. www.sonoco.com www.matrixpackaging.com
Thomas Dale has joined BMO Capital Markets as managing director of the firm's U.S. leveraged finance group. He previously was with G.C. Anderson Partners. www.bmocm.com
Interventional Spine Inc., an Irvine, Calif.-based developer of percutaneous spinal devices, has raised $24 million in Series C funding. Ascension Health Ventures led the deal, and was joined by Wexford Capital LLC, HBM BioVentures, Rock Creek Partners and affiliates, The MedFocus Fund, LLC, and a group of current investors. VentureWire puts the post-money valuation at […]
Edmund Truell's Pension Insurance Corp. has bought Thresher, a UK chain of off-license stores, from Terra Firma Capital Partners. The Financial Times said that Terra Firma, which bought Thresher from Whitbread and Punch in 2000 for approximately Gbp225m, has netted a similar profit from the sale of the chain, which owns The Local, Wine Rack […]