Lab One, an Israel-based technology incubator, has raised $3.5 million in venture funding. Midgal Capital Markets and Bear Stearns Asset Management co-led the round, and were joined by the Tel Aviv Economic Development Authority and Lab One co-founders Yuval Cohen and Adoram Gaash. www.lab-one.co.il
Quaker BioVentures of Philadelphia has held a $164.85 million first close for its second fund, according to a regulatory filing. Limited partners include the Pennsylvania State Employees' Retirement System, University of North Carolina and the Pennsylvania Public School Employees' Retirement System. The filing indicates a $300 million cap, but VentureWire last week reported that the […]
eMeter Inc., a Redwood City, Calif.-based provider of energy information management solutions for utility mass market and C&I deployment., has raised $11.79 million in Series D funding led by Foundation Capital, according to a regulatory filing. www.emeter.com
Fintura Corp., an Atlanta-based company that helps financial institutions expand their consumer product lines, has raised an undisclosed amount of Series A funding from Battery Ventures. www.fintura.com
Imperium Renewables Inc., a Seattle-based biodeisel producer, is planning to file for an IPO later this year, according to VentureWire. The $200 million-$300 million offering would value the company at over $1 billion. Imperium is run by former venture capitalist Martin Tobias, and has raised funding from such firms as Nth Power, Technology Partners, Vulcan […]
Empire Education Group Inc., a beauty schools operator that counts Key Principal Partners as a minority shareholder, has agreed to merge with 51 accredited cosmetology schools from Regis Corp. (NYSE: RGS). Empire will hold a 51% stake in the newly-formed company, while Regis will retain 49 percent. No financial terms were disclosed for the deal, […]
Experian Group Ltd. (LSE: EXPN) has acquired Hitwise Pty Ltd., an Australia-based provider of website performance monitoring, for approximately $240 million in cash. Hitwise had seed backing from Allen & Buckeridge and later-stage capital from Insight Venture Partners. www.experian.com www.hitwise.com
Agribusiness Partners International has agreed to sell Russian poultry processor Chicken Kingdom to the Cherkizovo Group (LSE: CHE). No financial terms were disclosed. API is a $100 million private equity fund formed in 1996, with the support of OPIC. www.amc-api.com
Hachette Filipacchi Media US, publisher of such magazines as Car & Driver, has agreed to acquire Jumpstart Automotive Media, a San Francisco-based vertical advertising network focused exclusively on the automotive industry. The deal includes an initial cash payment of $84 million, plus up to $26 million in earnouts in 2008 and 2010, based on the […]
Investcorp has completed its sale of Harborside Healthcare Corp. to Sun Healthcare Group Inc. (Nasdaq: SUNH). The deal includes $349.4 million in cash for Harborside's equity, while Sun also entered into a new $485 million senior secured credit facility led by Credit Suisse. Harborside is a Boston-based operator of 73 skilled nursing facilities, one assisted […]