Affymax Inc., a Palo Alto, Calif.-based drug development company, priced 3.7 million common shares at $25 per share, for an IPO take if approximately $92.5 million. The original forecast had been for 3.5 million shares to be sold at between $22 and $24 per share. It will trade on the Nasdaq under ticker symbol AFFY, […]
Double-Take Software Inc., a Southborough, Mass.-based provider of software for reducing downtime of business-critical systems, priced 7.5 million common shares at $11 per share ($9-$11 forecast), for an IPO take of approximately $82.5 million. It will trade on the Nasdaq under ticker symbol DBTK, while Cowen & Co. and Thomas Weisel Partners served as co-lead […]
Altra Holdings Inc., a Quincy, Mass.-based provider of mechanical power transmission and motion control products, priced 10 million common shares at $13.50 per share ($14-$16 range), for an IPO take of approximately $135 million. It will trade on the Nasdaq under ticker symbol AIMC, while Merrill Lynch served as lead underwriter. Genstar Capital was listed […]
US BioEnergy Corp., an Inner Grove Heights, Minn.-based ethanol production company, priced 10 million common shares at $14 per share, for an IPO take of approximately $140 million. It originally had planned to offer 9.4 million shares at between $15 and $17 per share. It will trade on the Nasdaq under ticker symbol USBE, while […]
The Carlyle Group reportedly has hired three staffers from collapsed hedge fund manager Amaranth Advisors. They are: Scott Davidson, a structured product portfolio manager, John Bailey, a long/short energy equities manager and Jaime Gualy. They each will join Carlyle Blue Wave, a hedge fund unit that Carlyle recently began building. www.carlyle.com
Forest Laboratories Inc. (NYSE: FRX) has agreed to acquire Cerexa Inc., an Alameda, Calif.-based developer of injectable antibiotics, for total consideration of $480 million. Cerexa raised a $50 million VC round in August 2005 from firms like CDIB BioScience Ventures, Canaan Partners, Domain Associates, EGS Healthcare Capital Partners, Frazier Healthcare Ventures, Montreaux Equity Parnters, New […]
North America Sports Media Inc., a portfolio company of Pfingsten Partners, has acquired Premiere Sports Travel LLC, Premiere Plus LLC and Gotickets.com LLC, affiliated companies that sell travel, hospitality and ticket packages for major sporting and entertainment events worldwide. No financial terms were disclosed. www.nasminc.com
Mercado Software Inc., a Pleasanton, Calif.-based provider of e-commerce search, navigation, and merchandising solutions, has raised $11.5 million in new funding. The Challenge Fund (Israel) and Consensus Group (UK) co-led the deal, and were joined by return backers Pitango Venture Capital, Eucalyptus, Star Ventures and Valley Venture Capital (f.k.a. Mofet). The deal includes a credit […]
Precision Parts International, a Rochester Hills, Mich.-based manufacturer of metal-formed components, has acquired Merit Gear Corp., an Antigo, Wis.-based precision gear maker. No financial terms were disclosed. PPI is owned by First Atlantic Capital, while Merit Gear was represented on the deal by Emory & Co. www.preceisionparts.com www.meritgear.com
GroSolar, a White River Junction, Vt.