SenoRx Inc., an Aliso Viejo, Calif.-based provider of minimally-invasive medical devices for the diagnosis and treatment of breast cancer, has set its proposed IPO terms to 5.5 million common shares being offered at between $11 and $13 per share. It plans to trade on the Nasdaq under ticker symbol SENO, with Banc of America Securities […]
The Rexel Group, a France
Xchanging, a London
Altra Holdings Inc. (Nasdaq: AIMC) has agreed to acquire fellow power transmission company TB Wood's Corp. (Nasdaq: TBWC) for $24.80 per share in cash. The total deal is valued in excess of $120 million, and is expected to close next quarter. Altra went public in December, with private equity backer Genstar Capital still holding a […]
Sithe Global Power LLC, a platform acquisition company owned by The Blackstone Group and Reservoir Capital, announced that it will explore a sale of a waste coal-fired electric generation facility in Pennsylvania called the River Hill Power Company. www.sitheglobal.com
First Data Corp. (NYSE: FDC) has acquired the assets of Datawire Communication Networks Inc., a Toronto-based provider of a mobile and ecommerce VXN transaction network. No financial terms were disclosed. Datawire had raised over US$10 million in VC funding between 2000 and 2003, from firms like CIBC Capital Partners, EdgeStone Capital Partners, Global Asset Capital, […]
Leonard Green & Partners is planning to sell six million common shares of FTD Group Inc. (NYSE: FTD). The secondary offering would cut Leonard Green's ownership position in FTD from 55% to around 33 percent. www.ftd.com
Fremont Partners, a San Francisco-based private equity firm focused on the middle-markets, is changing its name to Calera Capital. The firm was originally named after cornerstone limited partner Fremont Group, but its $920 million third fund had more than 30 LPs. The name change comes as Fremont/Calera is gearing up to raise its fourth fund. […]
American Securities Capital Partners, a New York-based middle-market private equity firm focused on North America, is beginning to market its fifth fund, according to LBOWire. It is designed to raise between $1 billion and $1.5 billion. www.american-securities.com
Fundraising by European VC firms fell in 2006, according to Dow Jones VentureOne. Only 38 such firms raised fund capital last year, for a total take of around Euro 2.53 billion. This is off 32% from the Euro 3.74 billion raised by 56 funds in 2005. It is worth noting, however, that the 2006 figure […]