DENVER (AP) – Swift & Co., one of the nation's largest meatpacking companies, said Tuesday it will be sold to a Brazilian company in a $225 million cash deal. JBS S.A. also will assume $1.2 billion in debt under the agreement with Swift's owners, HM Capital Partners of Dallas and Vail-based Booth Creek Management […]
AOptix Technologies Inc., a Campbell, Calif.-based developer of iris recognition systems and ultra-high bandwidth laser communication solutions, has raised $15 million in Series C funding. DAG Ventures led the deal, and was joined by return backers Kleiner Perkins Caufield & Byers, Clearstone, 3i and Lehman Brothers. The company has raised just under $50 million in […]
Talima Therapeutics Inc., a Santa Clara, Calif.-based developer of micro-implant technology for site-specific drug delivery, has raised $19 million in second-round funding. U.S. Venture Partners and Latterell Venture Partners co-led the deal, and were joined by return backers De Novo Ventures and Palo Alto Healthcare. Talima raised a $2 million Series A round in 2005 […]
Hot Pot, a Bangkok-based shabu shabu quick-serve restaurant chain, has raised $4.2 million in private equity funding from Aureos South East Asia Fund. www.hotpot-restaurants.com
Roadlink USA, a Chicago-based logistics portfolio company of Fenway Partners, has acquired Staffworks, a San Clemente, Calif.-based provider of outsourced warehousing and other third-party logistics. This is Roadlink's second acquisition in a month, after previously having acquired Phoenix-based World Super Services Inc. Both deals were partially financed via a $219 million senior secured credit facility […]
Hugh Simons has joined Highland Capital Partners as chief operating officer. He previously was a senior partner and CFO of Boston Consulting Group. Part of Simons' role will be to help drive Highland's expansion into Asia and Europe. www.hcp.com
Alberto Robaina has joined Trimaran Capital Partners as a managing director and general counsel. He previously was general counsel and assistant secretary for the New York City Investment Fund. Trimaran also has added Adam Miller as an analyst. He previously worked in the leveraged finance group of BNP Paribas. www.trimarancapital.com
Jajah Inc., a Menlo Park, Calif.-based Internet telephone company, said that Deutsche Telekom had co-led a $20 million Series C round announced earlier this month. It is unclear why Deutsche Telekom declined to be named in the initial statement, which said that Intel Capital led, with return backers Sequoia Capital and Globespan Capital Partners also […]
Airband Communications Inc., a Dallas-based fixed wireless company for business customers, has raised $12.5 million in Series C funding. M/C Venture Partners led the deal, and was joined by return backers Sevin Rosen Funds, Crescendo Ventures, Key Venture Partners and Dolphin Equity Partners. Airband has raised over $68 million in total VC funding since its […]
BioStorage Technologies Inc., an Indianapolis-based provider of biomaterials storage, sample management and cold chain logistics, has closed its Series A round with a total of $8.32 million. Radius Ventures led the deal, and was joined by Spring Mills Venture Partners, Village Ventures and Twilight Venture Partners. www.biostorage.com