Percy Calissendorff has agreed to join Swedish private equity firm Segulah as a partner, effective September 3. He has spent the past five years as a partner with Star Capital. www.segulah.se
Southern Theaters LLC, a New Orleans-based movie theater chain backed by Veronis Suhler Stevenson, has acquired Birmingham, Ala.-based AmStar Entertainment LLC for $40.5 million. Bank of Montreal is providing leveraged financing for the acquisition.
AMC Entertainment Inc., a Kansas City-based movie theater chain, has suspended its IPO due to “adverse market conditions.” The offering had been designed to raise nearly $790 million, with Goldman Sachs serving as lead underwriter. Shareholders include JPMorgan Partners (20.78% pre-IPO position), Apollo Management (20.78%), Bain Capital (15.09%), The Carlyle Group (15.09%) and Spectrum Equity […]
Devax Inc., a Lake Forest, Calif.-based developer of drug-eluting stent systems, has filed for an $85 million IPO. It plans to trade on the Nasdaq under ticker symbol DEVX, with Bear Stearns and Thomas Weisel Partners serving as co-lead underwriters. Devax has raised around $48.5 million in total VC funding since 2001, from firms like […]
Clean Energy Fuels Corp., a Seal Beach, Calif.-based provider of natural gas as an alternative fuel for vehicle fleets, has set its proposed IPO terms to 20 million common shares being offered at between $13 and $17 per share. It plans to trade on the Nasdaq under ticker symbol CLNE, with WR Hambrecht & Co. […]
LV Sensors Inc., an Emeryville, Calif.-based developer of next-generation car brake sensors, has raised $15 million in Series B funding, according to a regulatory filing. Mayfield led the deal, and was joined by return backer U.S. Venture Partners. www.lvsensors.com
Conformia Software Inc., a Sunnyvale, Calif.-based provider of compliance management software for regulated process industries, has raised $12.3 million in Series C funding, according to a regulatory filing. Jafco Ventures led the deal, and was joined by return backers Foundation Capital, Mentor Capital Group and Sequoia Capital. www.conformia.com
Microsoft Corp. has agreed to acquire ScreenTonic SA, a Paris, France
Frengo Corp., a Redwood City, Calif.-based mobile social networking startup, has raised $5.7 million in Series B funding, according to TechCrunch. Trilogy Equity Partners led the deal, and was joined by return backers Khosla Ventures and Index Ventures. It had raised $2.3 million in Series A funding last August. www.frengo.com.
Direct Group, a Pennington, N.J.-based provider of high-volume direct marketing services, has acquired Enterprise Marketing Solutions Inc., a Piscataway, N.J.-based database marketing company providing statistical modeling and analytics, data management, hosted database solutions and e-mail programs for the direct marketing industry. No financial terms were disclosed. Direct Group is a portfolio company of SV Investment […]