Walgreen Co. has acquired Take Care Health Systems, a Conshohocken, Pa.-based provider of retail healthcare clinics. Take Care raised $77 million in private equity funding from Beecken Petty O' Keefe in 2005. www.takecarehealth.com
The Employees Retirement System of Texas (ERS) has selected Altius Associates as its first non-discretionary private equity advisor. Altius beat out Hamilton Lane for the mandate. www.ers.state.tx.us
Merrill Lynch has agreed to acquire a non-control stake in Sterling Stamos Capital Management, an alternative and traditional investment firm with more than $4 billion in assets under management. No financial terms were disclosed. www.ml.com www.sterlingstamos.com
ThinkEquity Partners has hired three new technology bankers from Needham & Co. They are: Joe Dews, partner, will lead semiconductor banking; Robin Graham, partner, and Pooyan Mehdizadeh, principal, will work in the M&A department. www.thinkequity.com
Jason Cohen has joined Goldsmith Agio Helms as a vice president in its distressed advisory and restructuring practice. He previously was special counsel in the financial restructuring department of law firm Cadawalader, Wickersham & Taft. www.agio.com
Biolex Therapeutics, a Pittsboro, N.C.-based drug company whose lead candidate focuses on hepatitis C, has raised $30 million in Series C funding. Investor Growth Capital led the deal, and was joined by JP Morgan Securities, Easton Capital and return backers Quaker BioVentures, Polaris Venture Partners, Intersouth Partners, Mitsui & Co. Venture Partners, Johnson & Johnson […]
nCircle, a San Francisco
Ruckus Network Inc., a Herndon, Va.-based provider of digital entertainment services to college students, has raised $10 million in third-round funding. Anschutz Investment Company and Columbia Capital co-led the deal, and were joined by return backers Battery Ventures, Eastward Capital, Pinnacle Ventures and Shelter Capital. Ruckus has raised around $42 million in total VC funding […]
SpectraGenics Inc., a Pleasanton, Calif.-based medical device company, has called down $12.3 million of a $20.31 million Series D round, according to a regulatory filing. De Novo Ventures and Technology Partners were joined by return backers like SDL Ventures, Incubic Ventures and GVC. www.spectragenics.com
Gus Atiya has joined Fried, Frank, Harris, Shriver & Jacobson LLP as a Washington, D.C.-based corporate partner focused on private finance transactions. He previously was with Hogan & Hartson. www.friedfrank.com