MetroPCS Communications Inc., a Dallas-based wireless communications services provider, priced 50 million shares at $23 per share ($19-$21 range), for an IPO take of approximately $1.15 billion. The deal gives MetroPCS a market cap of almost $8 billion, compared to a $2.2 billion post-money valuation when TA Associates and Madison Dearborn Partners invested $688 million […]
Spirus Medical Inc., a Stoughton, Mass.-based developer of diagnostic and therapeutic advancement systems for gastroenterology, urology and gynecology, has raised $8.5 million in Series B funding. Backers include BioVentures Investors, Point Judith Capital and Village Ventures. www.spirusventures.com
Zazzle.com, a Redwood City, Calif.-based operator of an online customized products marketplace, has acquired Confego Inc., a Berkeley, Calif.-based online provider of retail brand customization services. Zazzle has raised $16 million in VC funding from Kleiner Perkins Caufield & Byers and Sherpalo Ventures. www.zazzle.com www.confego.com
Natural Gas Partners has agreed to sell Gulf Coast oil and gas exploration company Goldking Energy Corp. to Dune Energy Inc. (Amex: DNE). The total deal is valued at $320.5 million, including $302.5 million in cash and $18 million newly-issued Dune shares. www.duneenergy.com www.goldkingenergy.com
Andrew Silver has joined Houlihan Lokey as a New York-based managing director in the firm's basic industrials group, where he will focus on the building products industry. He previously was a managing director with Morgan Joseph & Co. www.hlhz.com
Kalido Ltd., a Burlington, Mass.-based provider of data warehousing and management software, has raised $5 million in additional Series C funding, according to a regulatory filing. This brings the round total to $19 million. Return backers include Atlas Venture, Benchmark Capital and Matrix Partners. www.kalido.com
Jefferies Group (NYSE: JEF) stock and call options rose yesterday on buyout rumors. One speculated suitor is MassMutual.
Dean Barr has resigned as head of hedge funds at Citigroup, just days after the bank agreed to buy hedge fund manager Old Lane Partners. As part of the acquisition, Citigroup said that Old Lane co-founder Vikram Pandit would be put in charge of alternative investments
Superprotonic Inc., a Pasadena, Calif.-based developer of solid-acid fuel cells, has held a first close on its $16.2 million second-round of funding. US Venture Partners led the deal, and was joined by Dow Chemical Ventures and return backers CMEA Ventures, Nth Power Technologies, Hydro Technology Ventures, Battelle Ventures, Innovation Valley Partners and OnPoint Technologies. www.superprotonic.com
Coherex Medical Inc., a Salt Lake City-based developer of medical devices that can help close certain heart defects, has raised $8.525 million in Series A funding. Oxford Bioscience Partners and vSpring Capital co-led the deal. www.coherex.com