Get The Wire in your inbox each morning! Just send us an email. American Biophysics Corp., a North Kingston, R.I.-based developer of mosquito abatement technology, has secured $35 million in new private equity financing. DLJ Growth Capital Partners led the deal, while Fleet Capital provided an additional $35 million in the form of a credit […]
Get The Wire in your inbox each morning! Just send us an email. Trump Hotels and Casino Resorts Inc. has entered into an exclusivity agreement with DLJ Merchant Banking Partners, an affiliate of Credit Suisse First Boston, in regards to a proposed $400 million recapitalization. If the deal is consummated, Donald Trump would remain as […]
Get The Wire in your inbox each morning! Just send us an email. Vonage Holdings Corp., an Edison, N.J.-based provider of broadband phone services, has raised $40 million in Series C funding. 3i Group and Meritech Capital Partners co-led the deal, and were joined by return backer New Enterprise Associates. The company now has raised […]
Get The Wire in your inbox each morning! Just send us an email. EyeTech Pharmaceuticals Inc. will begin trading on the Nasdaq today under ticker symbol EYET, after pricing 6.5 million shares of common stock at $21 per shares (above its $18-$20 offering range). When the New York-based company filed its original S-1 last September, […]
Get The Wire in your inbox each morning! Just send us an email. Private Equity Week is reporting that both Charles River Ventures and Essex Woodlands Health Partners have held first closes on new funds, with final closes expected within two weeks. The article also discusses personnel changes at the firms, and another recent […]
Get The Wire in your inbox each morning! Just send us an email. TRW Automotive Holding Corp., a Livonia, Mich.-based maker of automotive components, has amended the terms of its initial public offering. The company is now looking to sell over 24.13 million shares of common stock at between $28 and $30 per share. TRW […]
Get The Wire in your inbox each morning! Just send us an email. World Wide Packets Inc., a Spokane, Wash.-based provider of Ethernet access networking solutions, has raised $15.7 million in third-round funding. New investors Madrona Venture Group and Northwest Venture Associates co-led the deal, and were joined by return backer Azure Capital Partners. World […]
Get The Wire in your inbox each morning! Just send us an email. Kinetic Concepts Inc., a San Antonio-based medical technology company focused on wound care and therapeutic surfaces, has filed to raise up to $460 million via an initial public offering on the NYSE under proposed ticker symbol KCI. Company shareholders include Fremont Partners, […]
Get The Wire in your inbox each morning! Just send us an email. John Sidgmore has passed away at the age of 52. Sidgmore is best known as the Worldcom CEO who revealed the telecom giant’s accounting troubles in early 2002, just weeks after taking over the top post. He currently serves as a venture […]
Get The Wire in your inbox each morning! Just send us an email. Progress Software Corp. (Nasdaq: PRGS) has agreed to acquire DataDirect Technologies Ltd., a Rockville, Md.-based provider of standards-based data access components for software developers. The purchase price is approximately $88 million in cash, and the deal is expected to close within 60 days. […]