LifeLock, a Tempe, Ariz.-based identity theft prevention company, has raised $6.85 million in Series B funding. Kleiner Perkins Caufield & Byers led the deal, and was joined by Biltmore Ventures and return backer Bessemer Venture Partners. www.lifelock.com
TechTarget Inc., a Needham, Mass.-based provider of online IT content, set its proposed IPO terms to 7.7 million common shares being offered at between $12 and $14 per share. It plans to trade on the Nasdaq under ticker symbol TTGG, with Morgan Stanley and Lehman Brothers serving as co-lead underwriters. Shareholders include Technology Crossover Ventures […]
The Blackstone Group and Apax Partners have agreed to sell German waste-handling company Sulo Group to Veolia Environnement SA. The deal is valued at approximately Euro 1.45 billion, including the assumption of Euro 950 million in debt.
The Active Network Inc., a San Diego-based provider of an online community for active lifestyles, has agreed to acquire InfoSpherix, the information subsidiary of Spherix Inc. (Nasdaq: SPEX). No financial terms were disclosed for the deal, which is expected to close by the end of summer. The Active Network has raised over $70 million in […]
CMIA Capital Partners has merged portfolio companies FerroChina Ltd. and Everbright, into a single company with a pro forma market capitalization of around $860 million. FerroChina manufactures heavy-gauge, galvanized steel coils used mainly in the building and construction industry. Everbright is involved in the manufacture and sale of thin-gauge galvanized steel coils used mainly in […]
H.I.G. Capital has sold its 50% interest in All Metal Services Ltd. to AMS founder David Potts and his partner Terry Stocker. The two men now own 100% of the company, and serve as its executive management. No financial terms were disclosed. AMS is a London-based distributor of alloys to the aerospace market. www.higcapital.com www.allmetal.co.uk
SignStorey Inc., a Fairfield, Conn.-based provider of in-store media networks for the grocery industry, has acquired Captive Audience LLC, a Newton, N.J.-based provider of digital media services in the deli departments of ShopRite and Big Y stores in the New York Tri-State region. No financial terms were disclosed. SignStorey shareholders include Golden Gate Capital, CIC […]
Daiwa Securities Group Inc. has acquired just over a 20% equity interest in Sagent Advisors Inc., a New York-based boutique investment bank. The deal was valued at $52 million, with Daiwa to transfer its New York-based M&A team to Sagent. In addition, Daiwa Securities SMBC Co. Ltd. — a joint venture between Daiwa Securities Group […]
Celesio AG said it has agreed to buy a 90 pct stake in WWMW e-commerce international GmbH, the holding company of Dutch online pharmacy operator DocMorris for an undisclosed sum. Selling shareholders include 3i , HgCapital and Neuhaus Partners. DocMorris's management will hold the remaining 10 pct of the shares. 'Through this acquisition Celesio gets […]
ChinaCache Network Technology, a Beijing-based provider of content distribution networks in China, has raised $31.5 million in Series B funding. Qiming Venture Partners led the deal, and was joined by Ignition Partners, CV Starr International and Susquehanna International Group China. Return backers Jafco Asia, Intel Capital and Investor AB also participated. www.chinacache.com