SinglePoint (f.k.a. Wireless Service Corp.), a Bellevue, Wash.-based provider of mobile communication services, has raised $30.75 million in Series C funding. Ignition Partners led the deal, and was joined by Rally Capital Services and return backers Northwest Venture Associates, Madrona Venture Group, Intel Capital and SeaPoint Ventures.Part of the proceeds were used to acquire Mobile […]
TPG Newbridge has agreed to acquire a 24.99% stake in BankThai for approximately $186 million. www.newbridgecapital.com Rosedale Medical Inc., a Cupertino, Calif.-based developer of glucose monitoring system for diabetics, has raised $20 million in Series C funding, according to a regulatory filing. U.S. Venture Partners and Investor Growth Capital were joined by return backers Pequot […]
Apax Partners and KKR have abandoned their efforts to buy UK-based specialty jewelry retailer Signet Group PLC (NYSE: SIG). The two firms had been considering a
Kinder Morgan Inc. (NYSE: KMI) has agreed to be acquired for $107.50 per share, or a total transaction value of around $22 billion. Kinder Morgan received a $100 million offer back in May, before which its stock had been trading at $84.41 per share. The buying consortium continues to include GS Capital Partners, AIG, The […]
TSG Consumer Partners has sold its 30% stake in enhanced bottled water company Glaceau (a.k.a. Energy Brands Inc.) to The Tata Group. The deal is valued at $677 million, including both the TSG stake and additional growth capital. Glaceau is a New York-based company whose brands include of Vitaminwater, Fruitwater and Smartwater. www.glaceau.com ChemoCentryx Inc., […]
Adam Aircraft Inc., an Englewood, Colo.-based maker of carbon composite aircraft for the twin piston and very light jet markets, has raised $93 million in Series F funding. DCM-Doll Capital Management led the deal, and was joined by Mesirow Financial, W Capital Partners, D.E.Shaw Laminar Portfolios and Acadia Woods Partners. Return backers include Goldman Sachs […]
Kingsoft Corp., a China-based online game and application software developer, has raised $72 million in VC funding from Intel Capital, New Horizon Fund and GIC Special Investments. The company also said that it is considering a $100 million overseas IPO listing sometime next year. www.kingsoft.com/en Cisco Systems Inc. (Nasdaq: CSCO) has agreed to acquire Arroyo […]
Apax Partners and Bain Capital have agreed to join the private equity consortium that is acquiring an 80.1% stake in the Semiconductor division of RoyalPhilips Electronics (NYSE: PHG). The group already had included KKR, Silver Lake Partners and AlpInvest. www.apax.com www.baincapital.com Infinite Power Solutions Inc., a Golden, Colo.-based maker of thin-film batteries, has raised around […]
Vector Capital has agreed to co-invest equally in Francisco Partners' $151 million public-to-private buyout of WatchGuard Technologies Inc. (Nasdaq: WGRD). Vector already controls 9.4% of WatchGuard shares, and had tried to buy out the company before Francisco stepped in. As part of the agreement, Vector will vote its shares in favor of the transaction. www.watchguard.com […]
Renewable Energy Group Inc., a Ralston, Iowa-based biodiesel producer, has raised $100 million in Series A funding. Natural Gas Partners led the deal, and was joined by such firms as Bunge North America, ED&F Man Holdings and West Central Cooperative. Viant Group advised REG on the deal, which will be used to increase its biodiesel […]