Polypore International Inc., a Charlotte, N.C.-based supplier of filtration products, has filed for a $362.25 million IPO. It plans to trade on the NYSE under ticker symbol PPO, with JPMorgan serving as lead underwriter. Warburg Pincus acquired the company in 2004 from GTCR Golder-Rauner and The InterTech Group. www.polypore.net
Open-Silicon Inc., a Milpitas, Calif.-based fabless semiconductor company, has raised $10 million in Series D funding. Bridgescale Partners led the deal, and was joined by return backers Norwest Venture Partners, Sequoia Capital, InterWest Partners and Artis Capital Management. www.open-silicon.com
Brandon Halm has joined Calvert Street Capital Partners as an associate. He previously was a financial analyst in the I-banking group of Stifel Nicolaus. www.cscp.com
Advasense Inc., an Israel-based developer of mobile phone image sensors, has raised $14 million in Series B funding. Genesis Partners led the deal, and was joined by VentureTech Alliance, Giza Venture Capital and BlueRun Ventures. www.advasense.com
QuikCycle Inc. (f.k.a. Lumenare Networks), a Santa Clara, Calif.
Penhall International Corp., an Anaheim, Calif.-based provider of concrete grinding services and equipment rentals, has acquired The Graff Co., a provider of concrete cutting, scanning and demolition services in Ontario, Canada. No financial terms were disclosed. Penhall is a portfolio company of Code Hennessy & Simmons. www.penhall.com www.graffeconcrete.com
Apollo Management is combining portfolio companies Berry Plastics Group Inc. and Covalence Specialty Materials Holding Corp. The stock-for-stock merger results in a single plastic packaging company operating under the Berry name, with Berry chairman and CEO Ira Boots and Berry COO Brent Beeler remaining in place. It will close in April. Apollo acquired both companies […]
VWR International, a West Chester, Pa.-based provider of scientific supplies to the research lab market, said that it has retained Goldman Sachs and Banc of America Securities to explore strategic options. The company was acquired by Clayton, Dubilier & Rice in 2004. www.vwr.com
Clayton Dubilier & Rice has put UK food distributor Brakes PLC on the block for around $1.2 billion, according to Dow Jones. The auction will be run by JPMorgan and Deutsche Bank.
The Pennsylvania State Employees' Retirement System today will vote on commitments recommendations for the following funds: Insight Ventures VI, Avenue Special Situations Fund V and OCM Opportunities Fund VII. It also will vote on interview recommendations for Asia Alternatives Capital Partners, Highland Consumer Fund I and SB Energy Partners. www.sers.state.pa.us