NewStar Financial Inc., a Boston-based provider of debt financing for middle-market businesses, has set its proposed IPO terms to 11 million common shares being offered at between $15 and $17 per share. It plans to trade on the Nasdaq under ticker symbol NEWS, with underwriters including Goldman Sachs, Morgan Stanley, Citigroup and Wachovia Securities. Shareholders […]
Carrols Restaurant Group Inc., a Syracuse, N.Y.-based franchisor of Burger King, Pollo Tropical and Toca Cabana restaurants, has set its proposed IPO terms to 15 million common shares being offered at between $14 and $16 per share. It plans to trade on the Nasdaq, with Wachovia Securities and Banc of America Securities serving as co-lead […]
Mind Candy Inc., a London-based gaming company, has raised around $10.86 million in Series A funding, according to a regulatory filing. Participants include Accel Partners and Index Ventures. www.mindcandydesign.com
rPath Inc., a Raleigh, N.C.-based provider of a platform for creating and maintaining Linux software applications, has secured $7.35 million of a $9.1 million Series B round, according to a regulatory filing. The Wakefield Group was joined by return backers North Bridge Venture Partners and General Catalyst Partners. www.rpath.com
Krokus Private Equity of Warsaw has held a Euro 52 million first close on a new fund that will target expansion capital and buyout opportunities in the Polish middle market. The fund has a target of Euro 75 million, with committed limited partners including Natexis Private Equity, the European Bank for Reconstruction and Development and […]
Business Objects Inc. (Nasdaq: BOBJ) has acquired Nsite Software Inc., a Sunnyvale, Calif.-based provider of on-demand application for the enterprise, according to VentureBeat. No financial terms were disclosed. Nsite has raised around $14 million in total VC funding since its 1998 inception, from firms like Worldview Technology Partners, Outlook Ventures and Copan Inc. www.businessobjects.com www.nsite.com
Synta Pharmaceuticals Corp., a Lexington, Mass.
Liu Chuanzhi and Edward Tian have joined Kohlberg Kravis Roberts & Co. as senior advisors to the firm in China. Chuanzhi is the president of Legend Holdings, and is the former chairman and president of Lenovo Group. Tian is the founder and chairman of China Broadband Capital Partners, the first government-sponsored TMT sector-focused private equity […]
Hawkeye Holdings Inc., an Iowa Falls, Iowa-based ethanol producer, has withdrawn registration for a proposed $350 million IPO. It previously had postponed the offering, with CEO Bruce Rastetter saying: “We have decided to temporarily delay our IPO in light of current conditions in the equity markets, and the recent pullback in the energy segment in […]
Orexigen Therapeutics Inc., a San Diego-based neuroscience company focused on the treatment of obesity, has raised $30 million in Series C funding. MPM BioEquities and Wasatch Advisors co-led the deal, and were joined by undisclosed return backers. The company previously had raised over $46 million, including a $35 million Series B deal in April 2005 […]