Timothy Olson has joined Barker Capital as a managing director and general counsel. He previously was an attorney with Davenport, Evans, Hurwitz, and Smith LLP (Sioux Falls) and Skadden, Arps, Slate, Meagher & Flom (Chicago). Barker Capital is a Sioux Falls, S.D.
Deltek Systems Inc., a Herndon, Va.
FortiusOne Inc., a Washington, D.C.
Amedica Corp., a Salt Lake City
Virgin USA has acquired a majority stake in CircleLending Inc., a Waltham, Mass.-based manager of loans between relatives, friends and other private parties. No financial terms were disclosed. CircleLending had raised $16 million in total VC funding from backers like Venrock, Monitor Company, Intel Capital and the Omidyar Network. www.virgin.com www.circlelending.com
Salvatore Tirabassi has joined M/C Venture Partners as a partner. He previously spent the past seven years with Dolphin Equity Partners, where his board seats included: Airband, Epic Cycle, Gomez, MaxPreps (acquired by CBS in 2007), SilverCarrot, The Guild, Vercuity and VitalStream (acquired by Internap in 2006). www.mcventurepartners.com
Managed Systems Inc., a New York-based provider of outsourced IT services for small and mid-sized companies, has raised $3 million in first-round funding. Greenhill SAVP led the deal with a $2.5 million infusion. www.getmanaged.com
TechTarget Inc., a Needham, Mass.-based provider of online IT content, priced 7.7 million common shares at $13 per share ($12-$14 range), for an IPO take of approximately $100.1 million. It will trade on the Nasdaq under ticker symbol TTGT, while Morgan Stanley and Lehman Brothers served as co-lead underwriters. Shareholders include Technology Crossover Ventures (32.34% […]
Jazz Pharmaceuticals Inc., a Palo Alto, Calif.-based drug development and commercialization company focused on neurology and psychiatry, has set its proposed IPO terms to six million common shares being offered at between $24 and $26 per share. It plans to trade on the Nasdaq under ticker symbol JAZZ, with Morgan Stanley and Lehman Brothers serving […]
Citigroup Venture Capital has sold FastenTech Inc. to Doncasters Group Ltd. for approximately $492 million. FastenTech is a Minneapolis