Leonard Green & Partners and Texas Pacific Group have agreed to acquire retailer Petco Animal Supplies Inc. (Nasdaq: PETC) for $29 per share, or $1.8 billion including assumed debt. Petco stock closed trading yesterday at $19.45 per share. http://www.petco.com/ Kronos Inc. (Nasdaq: KRON) has agreed to acquire Unicru Inc., a Beaverton, Ore.
CinemaNow Inc., a Marina Del Rey, Calif.-based online provider of on-demand movies, has raised $20.3 million in Series E funding. EchoStar Communications Corp. and Index Holdings co-led the deal, and were joined by return backers Transcosmos, Cisco Systems, Lionsgate and Menlo Ventures. www.cinemanow.com JER Partners and Formation Capital have bought Tandem Health Care Inc. from […]
MobiTV Inc., an Emeryville, Calif.
The Blackstone Group has closed its fifth general fund with $15.6 billion in capital commitments. It is the largest private equity fund ever raised, and it already has committed to deals like VNU, Michaels Stores, Cendant's Travelport unit, Encore Medical Corp., Center Parcs, Emcure Pharmaceuticals Ltd. and Deutsche Telekom. Blackstone affiliate Park Hill Group assisted […]
New Enterprise Associates has closed its twelfth venture capital fund with $2.5 billion in capital commitments. www.nea.com Emcure Pharmaceuticals Ltd. of Pune, India has agreed to receive a $50 million private equity infusion from The Blackstone Group. www.emcure.co.in Tom Daschle, former U.S. Senator from South Dakota, has resigned from the board of Apollo Investment Corp. […]
Atrenta Inc., a San Jose, Calif.-based provider of predictive analysis solutions, has raised $16 million in Series D funding. Samsung Ventures and Hercules Technology Growth Capital co-led the deal, and were joined by return backers Venrock Associates, TL Ventures, Smart Technology Ventures, Investcorp Technology Ventures and Finaventures. www.atrenta.com
Liquid Air Lab GmbH, a Germany-based developer of “spodradio” mobile radio and podcasting solutions, has raised $10 million in Series B funding. Benchmark Capital Europe led the deal, and was joined by return backer Baytech Venture Capital. www.spodradio.com
Sub-One Technology, a Pleasanton, Calif.-based developer of nanotech systems for depositing smooth, pure films on the internal surfaces of a broad spectrum of products, has raised $7 million in Series B funding. Advanced Technology Ventures led the deal, and was joined by return backers Chevron Technology Ventures and ITI Energy. www.sub-one.com
mVisible Technologies Inc., a Deerfield Beach, Fla.-based, developer of mobile content delivery solutions, has raised $3 million in Series A funding led by World Angels Inc. www.mvisible.com
Connec, a Brazil-based maker of thin client computers and embedded software, has raised around $2.5 million from Stratus VC. The deal gives Stratus a 20% ownership stake in Connec, and is expected to be followed by additional capital infusions over the next two years. www.connec.com.br www.stratusbr.com