EnerNOC Inc., a Boston-based provider of demand response and energy management solutions, priced 3.75 million common shares at $26 per share, for an IPO take of approximately $97.5 million. It had originally planned to offer the shares between $21 and $23 each, but later raised the range the $23-$25. It will trade on the Nasdaq […]
Eurand NV, a Dutch drug company whose lead product treats exocrine pancreatic insufficiency, priced 7 million ordinary shares at $16 per share ($17-$19 range), for an IPO take of approximately $112 million. It began trading on the Nasdaq under ticker symbol EURX, and closed down $0.56 per share, or 3.5 percent. Deutsche Bank Securities and […]
Ilya Levtov has joined Venrock as a vice president in the venture capital firm's Menlo Park, Calif. office. Levtov will focus on digital media opportunities, and previously was in the business development team of Spot Runner. Venrock also announced that it has added Dave Beisel as a Cambridge, Mass.-based vice president focused on digital […]
Therative, a San Francisco-based maker of a handheld consumer medical device for the treatment of acne, has raised around $9 million in third-round funding. Bessemer Venture Partners led the deal, and was joined by return backers Foundation Capital, RWI Ventures and Band of Angels.Therative has raised over $14 million in total VC funding since its […]
Institutional Venture Partners has closed its twelfth fund with $600 million in capital commitments. The firm has offices in San Francisco and New York, and focuses on later-stage venture capital opportunities in the communications/wireless, Internet/digital media and enterprise IT sectors. www.ivp.com
Visant Corp. has completed its sale of book printer Von Hoffman to RR Donnelley & Sons Co. (NYSE: RRD) for $412.5 million in cash. Visant (a.k.a. Jostens) is owned by KKR and DLJ Merchant Banking Partners. www.jostens.com
Pearlman Industries Inc., a Commerce, Calif.
Excellere Partners has closed its inaugural fund with $265 million in capital commitments. The Denver-based firm will focus on middle-market majority recaps and management buyouts, and is run by former KRG Capital Partners pros David Kessenich and Robert Martin. www.excellerepartners.com
Gobi Partners has received a $10 million commitment for its second China-focused venture fund, from NTT DoCoMo. The fund is targeting $120 million. www.gobivc.com
WestLB has named Neil Colverd as president and CEO of its Brightwater Capital Management business, which manages over $35 billion structured finance assets like collateralized debt obligations and structured investment vehicles. Colverd previously was WestLB's CEO for its APAC region, and acting CIO for the bank's investment management unit. WestLB also has named George Suspanic […]