DW Healthcare Partners has sold The Radlinx Group to NightHawk Radiology Holdings Inc. (Nasdaq: NHWK) for $53 million. Radlinx Group is an Irving, Texas-based provider of radiology solutions to medical groups and hospitals throughout the United States. www.radlinxgroup.com www.dwhp.com
Edenor, the largest electricity distribution company in Argentina, has set its proposed IPO terms to around 15.16 American depository shares being offered at between $16 and $18 per share. It plans to trade on the NYSE under ticker symbol EDN, with Citigroup and JPMorgan serving as co-lead underwriters. Shareholders include New Energy Ventures, which is […]
Ocean Power Technologies Inc., a Pennington, N.J.-based developer of renewable energy from ocean waves, has set its proposed IPO terms to five million common shares being offered at between $20 and $22 per share. It plans to trade on the Nasdaq under ticker symbol OPTT, with UBS serving as lead underwriter. Shareholders include Henderson Group […]
Sirion Therapeutics Inc., a Tampa, Fla.-based drug company focused on ophthalmic products, has raised $45 million in Series B funding. Aisling Capital led the deal, and was joined by Investor Growth Capital, Atlas Venture, Advent International, Bear Sterns Healthcare Value Partners and Series A backer NovaQuest. www.siriontherapeutics.com
Gazprom, the Russian natural gas giant, plans to form a $100 million venture capital fund that will invest in companies whose technologies could be applied to future Gazprom projects.
Aptera Motors Inc., a developer of low-cost electric and plug-in hybrid vehicles, has raised $20 million in new funding led by Idealab, according to VentureWire.
Integrated Trade Processing Inc., a New York-based provider of customizable trade processing services to the securities industry, has raised $9 million in Series D funding led by Grail Partners. www.itpcorporation.com
H2O Audio, a San Diego-based provider of waterproof and protective sport accessories for iPods and other personal electronic devices, has raised $5 million in Series C funding led by Steelpoint Capital Partners. http://www.h2oaudio.com
The Daily Reel, a provider of user-generated video filtering and reviews, has raised an undisclosed amount of first-round funding from Prism VentureWorks. The news was first reported by PaidContent, whose former COO Jeff Stern is Daily Reel's co-founder and CEO. Its other co-founder is Jaime Patricof, son of legendary VC Alan Patricof.
Advent International is offering 18 million common shares of Aspen Technology Inc. (Nasdaq: AZPN), via a secondary public offering. The deal would reduce Advent's ownership position from 34.1% to 13.7 percent. http://www.adventinternational.com/