PharmAthene Inc., an Annapolis, Md.-based biotech company focused on biological warfare threats, has agreed to go public via a reverse merger with Healthcare Acquisition Corp. (AMEX: HAQ), a special purpose acquisition company. The deal will provide PharmAthene with up to $70 million in cash, before payment of expenses. PharmAthene has raised over $76 million in […]
HomeAway Inc., an Austin, Texas-based operator of an online vacation rentals website, has acquired Abritel.fr SA, a France-based vacation rental website. No financial terms were disclosed. HomeAway shareholders include Austin Ventures, Redpoint Ventures, American Capital, Institutional Venture Partners and Trident Capital. www.homeaway.com www.Abritel.fr
Apax Partners is considering a sale of Swedish surgical glove maker Moelnlycke Health Care AB, according to Bloomberg. The deal could be worth up to Euro 3 billion, with suitors reported by include The Blackstone Group and the Wallenberg family. Apax previously had indicated it was considering an IPO. www.apax.com
Google is in talks to acquire Adscape Media Inc., a San Francisco-based in-game advertising company, according to The Wall Street Journal. Adscape shareholders include H.I.G. Ventures. www.adscapemedia.com
United Business Media PLC has acquired an additional 2% of the equity of RISI Inc. from Pegasus Capital Advisors for $1 million. UBM now holds a 52% interest in RISI, a
Angelo, Gordon & Co. has closed its AG Net Lease Realty Fund with $160 million in capital commitments. Including leverage, the fund will seek to purchase as much as $500 million of net leased corporate real estate properties in the U.S. and abroad, with an emphasis on providing sale-leaseback financing to financial sponsors and non-investment […]
Chris Stabler has agreed to join CVC Partners to help to UK firm enter the U.S. market, according to The Times of London. Stabler currently is a senior managing director with Investcorp, and head of its North American private equity team.
Kenneth Bate, a onetime senior managing director and CEO of MPM Capital, has been named president and CEO of NitroMed Inc. (Nasdaq: NTMD). He had served as the company's CFO and COO since March 2006. www.nitromed.com
Ranch Kimball, former Secretary of Economic Development for Massachusetts under former Governor Mitt Romney, has been named CEO and president of the Joslin Diabetes Center. Kimball is a former Bain Capital pro. www.joslin.org
Brysam Global Partners been formed as a new private equity firm that will has launched as a private equity firm that will invest in financial services with a focus on consumer opportunities in emerging markets. Its two principals are: Robert Willumstad, former president and COO of Citigroup, and Marge Magner, former chairwoman and CEO of […]