Nujira, a Cambridge, UK-based provider of power amplifier technology for the wireless industry, has raised $9.8 million in Series B funding. 3i Group and Amadeus Capital Partners co-led the round, and were joined by fellow return backers Cambridge Gateway Fund, Cambridge Capital Group and the Cambridge Angels. www.nujira.com
J. Stanley Pepper has joined Lake Capital as an executive advisor. He is former CEO of Pepper Construction Co. and is a managing partner with Green Products, a company that develops and manufactures products for the green building market. He also runs Pepper Research and Consulting Services. www.lakecapital.com
Key Principal Partners has made four promotions: Cindy Babitt to partner; Beth Laschinger and Sean Mooney were to vice president; and Dan Kessler to senior associate. www.keyprincipalpartners.com
Opnext Inc., an Eatontown, N.J.-based optical components maker, has set its proposed IPO terms to around 16.91 million common shares being offered at between $13 and $15 per share. It plans to trade on the Nasdaq under ticker symbol OPXT, with Goldman Sachs serving as lead underwriter. Hitachi is the company's primary shareholder, while others […]
Champlain Capital Partners has sold its stake in Totowa N.J.-based luggage manufacturer Badanco Enterprises Inc. to Randa Corp. for $63 million.
Optosecurity Inc., a Quebec City-based developer of products for checkpoint security systems and screeners, has raised Cdn$10.54 million in second round funding. Backers include BDC Capital, Desjardins Capital regional et cooperatif, Fondaction CSN and Innovatech Quebec. The company also secured a Cdn$4.85 Million banking facility from National Bank of Canada. www.optosecurity.com
Nutilux, a company controlled by Permira, is in talks to acquire a 74.05% stake in animal nutrition company Provimi from PAI Partners and CVC Capital Partners. The deal would be valued at around Euro 580 million. www.provimi.com
Enerkem Technologies Inc., a Montreal-based provider of synthetic gass and other alternative fuels, has raised Cdn$8.6 million in new VC funding. Rho Ventures and Braemar Energy Ventures co-led the deal, and were joined by return backers Solidarity Fund QFL and Innovatech Sud du Qu�bec. www.enerkem.com
Paige Daly has joined LNK Partners as a managing director. She previously was with Apax Partners as a partner in the firm's retail and consumer group. www.lnkpartners.com
BlueTarp Financial, a Charlotte, N.C.-based provider of financial services to the building materials and supply industry, has raised $18.5 million in Series B funding. Trinity Ventures led the deal, and was joined by return backers Highland Capital Partners, IDG Ventures Boston and Village Ventures. www.bluetarp.com