Animal Health International Inc., a Westlake, Texas-based distributor of animal health products, priced 11.8 million common shares at $11 per share ($10-$12 range), for an IPO take of approximately $129.8 million. It will trade on the Nasdaq under ticker symbol AHII, while JPMorgan served as lead underwriter. Charlesbank Capital Partners bought the company from Bain […]
Summit Partners has made four promotions: Craig Frances to general partner; J.J. Kardwell to principal; Han Sikkens to vice president; and Joan Miller to chief marketing officer. www.summitpartners.com
Farecast Inc., a Seattle-based developer of data mining techniques to predict prices in the travel industry, has raised $12.1 million in Series C funding, according to a regulatory filing. Sutter Hill Ventures led the deal, and was joined by return backers Madrona Venture Group and Greylock Partners. www.farecast.com
Paul Capital Partners has completed its buyout of SGC Partners I, a North American private equity portfolio of Societe Generale. Societe Generale has retained a minority interest in the portfolio's new fund. The new fund will be managed by the existing team — named Cowen Capital Partners — and will operate as a subsidiary of […]
John Maneely Co., a portfolio company of The Carlyle Group, has agreed to acquire Sharon Tube Co., a Sharon, Pa.
Ception Therapeutics Inc., a Malvern, Pa.-based drug company whose lead candidates are anti-inflammatories, has raised $63 million in Series C funding. Essex Woodlands Health Ventures led the deal, and was joined by Investor Growth Capital, MDS Life Sciences, New Science Ventures and Aperture Venture Partners. www.ceptiontx.com
ServiceSource International LLC, a San Francisco-based provider of global outsourcing for hardware, software and healthcare companies, has received a $66 million minority investment from General Atlantic. ServiceSource clients include Sun Microsystems, AT&T, Hitachi Data Systems and Computer Associates. Existing shareholders include Benchmark Capital and Housatonic Partners. www.servicesource.com
InnerPulse Inc., a Research Triangle Park, N.C.
Lehigh Technologies Inc., a Naples, Fla.-based manufacturer of engineered rubber powder, has raised $18 million in new funding led by NGP Energy Technology Partners. www.lehightechnologies.com
iPharro, a Germany-based developer of software that can identity videos faster than in real-time (particularly for copyright infringement applications), has raised Euro 4 million in startup funding from Triangle Venture Capital. The round helps iPharro spin out of the Fraunhofer Institute for Computer Graphics and launch as an independent company.