Activa Capital will merge portfolio companies Materne, a French fruit compote and jam business, with Mont Blanc, a French cream dessert business. http://www.activacapital.com/
Brocade Communications Systems Inc. (Nasdaq: BRCD) has acquired Silverback Systems Inc., a Campbell, Calif.-based provider of network acceleration technologies. No financial terms were disclosed, except that Brocade said that the “cash purchase price is not material to Brocade.” Silverback has raised around $50 million in total VC funding since its 2000 inception, from firms like […]
Equity International, the real estate private equity firm affiliated with Sam Zell's Equity Group Investments, has closed its third fund with $300 million in capital commitments. http://www.equityinternational.com/
Kirkland & Ellis LLP has opened an office in Hong Kong. David Patrick Eich, a partner focused on private equity, has relocated from London to run the office. http://www.kirkland.com/
The Los Angeles County Employees Retirement Association (LACERA) has issued an RFP for a non-discretionary private equity advisor. More information can be found at: http://www.lacera.com/Opportunities/RFPPrivateEquityAdvisor.html
Mark Silverman has joined Catamount Ventures as a managing director. He previously was CEO of Catamount portfolio company Bocada Inc., a Bellevue, Wash.-based provider of data protection management software. http://www.catamountventures.com/
Rod Boone has joined DW Healthcare Partners as an operating partner. He previously served as president and CEO of Royce Medical Holdings, a PE-backed orthopedics manufacturer (sold in August 2005 to Ossur for $216 million). http://www.dwhp.com/
ICV Capital Partners has promoted Lloyd Metz to managing director. Metz joined the New York-based firm in 2002, before which he had been a vice president with Warburg Pincus. http://www.icvcapital.com/
Mark Lewis has joined Advantage Capital Partners as a principal. He previously was a partner with Two River Associates. http://www.advantagecap.com/
Truphone, a London-based mobile VoIP startup, has raised Gbp12.5 million ($24.5m) in Series A funding. Wellington Partners led the deal, and was joined by Independent News & Media, Burda Digital Ventures and return backer Eden Ventures. www.truphone.com