Culligan Ltd., a Northbrook, Ill.-based manufacturer and distributor of water treatment products and bottled water, has announced plans for a $900 million recapitalization. The company will distribute approximately $360 million of the proceeds to its equity holders, including Clayton, Dubiler & Rice. CDR currently holds an 83% ownership position, following a $610 million buyout of […]
The Industrial Bank of Taiwan (IBT) has acquired City of Industry, Calif.-based EverTrust Bank for $65 million in cash.
JonesTrading Institutional Services LLC, a Los Angeles-based agency brokerage focused on block trading of U.S. and Canadian securities, has raised $50 million in private equity funding from Friedman Fleischer & Lowe. The deal provides FFL with a significant minority ownership position, and representation on the JonesTrading board of directors. www.jonestrading.com
Anthony Salewski has joined Genstar Capital as a senior associate. He previously was a principal with Alpine Investors. www.gencap.com
RJD Partners has sold its 56% interest in Academy Music Holdings Ltd. (AMG) to Live National Inc. and Gaiety Investments. The deal valued AMG at $114 million, including the assumption of $56.9 million of bank notes and third-party shareholder loans. AMG is an owner and operator of music clubs in the UK, including Carling Academy […]
Egalet AS, a Danish drug company focused on the development of oral controlled-release products, has raised $27.6 million in Series B funding. Atlas Venture and Index Ventures co-led the deal, and were joined by return backers Bio Fund, Dansk Kapitalanl
Sana Security Inc., a San Mateo, Calif.-based provider of early detection of network security breaches, has raised $12 million in Series E funding. El Dorado Ventures led the deal, and was joined by return backers Bay Partners and Don Listwin. In related news, Sana named Listwin, a onetime Cisco exec who joined the Sana board […]
Data Domain Inc., a Santa Clara, Calif.-based provider of storage appliances for disk-based backup and network-based disaster recovery, has filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol DDUP, with Goldman Sachs and Morgan Stanley serving as co-lead underwriters. Data Domain has raised around $41 million in VC […]
Comscore Inc., a Reston, Va.-based provider of online consumer behavior analysis, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol SCOR, with Credit Suisse and Deutsche Bank Securities serving as co-lead underwriters. ComScore has raised over $92 million in total VC funding since its 1999 inception, from […]
Merrion Pharmaceuticals Ltd., a Dublin, Ireland-based developer of oral dosage forms of drugs with poor bioavailability, has filed for a $46 million IPO. It plans to trade on the Nasdaq under ticker symbol MERR, with Punk Ziegel & Co. serving as lead underwriter. Shareholders include European Bioscience Fund, Growcorp Group and Elan Corp. www.merrionpharma.com