Steve Madden Exploring Options

Steven Madden Ltd. (Nasdaq: SHOO), a New York-based footwear designer, said that it has received” inquiries from third parties with respect to an acquisition of the company.” No additional information was disclosed, except that the company has retained Peter J. Solomon & Co. as a financial advisor. Steve Madden has a market cap of approximately […]

Francisco Rey Joins Blackstone

Francisco Rey has joined The Blackstone Group as a senior managing director in the firm's corporate advisory group. Rey will be based in London, and previously spent 15 years with Merrill Lynch.   PRESS RELEASE The Blackstone Group today announced that Francisco Rey has joined the firm's corporate advisory group as a Senior Managing Director. […]

Bain’s Big Day

The fax machines are humming today at Bain Capital, as investors submit commitments for the firm’s tenth buyout fund. Bain began raising the fund earlier this year with a $10 billion target, and is expected to have in excess of $7 billion once everything is counted over the weekend. A final close will occur early next […]

Ekinops Adds $20 Million

Ekinops, a French provider of optical transport and DWDM solutions, has raised $20 million in second-round funding. Odyssee Venture led the deal, and was joined by return backers Auriga Partners, Equitis, Siparex, Societe G

Penton Backs Pellet-Art

Pellet-Art, a Poland-based wood pellet producer, has raised $9.5 million from Penton Partners. www.pettet-art.com   PRESS RELEASE Penton Partners invested 25 million PLN (9.5 million USD) in Pellet-Art. Sp. z o.o. – one of the largest pellet producers in Poland.   Pellet-Art Sp. z o.o. was established in April 2004.  Production started in August 2005 and […]

Direct Flow Raises $27 Million

Direct Flow Medical Inc., a Santa Rosa, Calif.�based developer of a minimally-invasive implant to treat heart valve disease, has raised $27 million in Series B funding. Johnson & Johnson Development Corp. and Foundation Medical Partners co-led the round, and were joined by fellow new backers VantagePoint Venture Partners and ePlanet. Returning shareholders included EDF Ventures, […]

Syncom Closes Fund V

Syncom Venture Partners has closed its fifth fund with $275.4 million in capital commitments. The Silver Springs, Md.-based firm focuses on early-stage media and communications opportunities, plus select later-stage opportunities. www.syncomfunds.com

Cognizant Buying MarketRx

Cognizant Technology Solutions Corp. (Nasdaq: CTSH) has agreed to acquire MarketRx Inc., a Bridgewater, N.J.-based provider of analytics and related software to life sciences companies. The deal is valued at approximately $135 million in cash, and is expected to close later this year. MarketRx has raised over 48 million in VC funding, from firms like […]

MeeVee Buys Top Ten Sources

MeeVee Inc., a Burlingame, Calif.-based provider of online video entertainment search solutions, has acquired Top Ten Sources, an Internet aggregator of rich media content from blogs, podcasts, video and mainstream media. No financial terms were disclosed. MeeVee has raised around $27 million in VC funding, from firms like Bay Area Equity Fund, Defta Partners, FCPR […]

MacroGenics Signs Deal with Lilly

MacroGenics Inc. and Eli Lilly & Co. (NYSE: LLY) have entered into a strategic agreement to develop and commercialize teplizumab, a humanized anti-CD3 monoclonal antibody. The deal could be worth in excess of $1 billion for MacroGenics, which has raised over $105 million in VC funding from Ventures West, Caisse de depot et placement du […]

Vocalocity Raises $8 Million

Vocalocity, an Atlanta-based provider of hosted VoIP services to micro enterprises, has raised $8 million in Series A funding. Noro-Moseley Partners led the deal, and was joined by Pittco Capital Partners, Imlay Partners and company management. Press Release: ATLANTA ? OCTOBER 18, 2007 ? Vocalocity, the leading provider of hosted VoIP services to micro enterprises, […]

PE Council Hires Senate Insider

You are the private equity industry trade group, and a certain U.S. Senator is proposing legislation that would raise your taxes. Who should you hire to lobby on your behalf? First choice would probably be that senator’s spouse or children. Plan B would be the senator’s chief of staff. This is an easier get, as […]

Insulet VCs Plan Partial Exit

Insulet Corp. (Nasdaq: PODD), a Bedford, Mass.-based maker of wireless glucose pumps for diabetics, has filed for a secondary public offering of around 4.77 million shares. It would raise just over $113 million, based on yesterday's closing stock price of $23.77 per share. Selling shareholders include Alta Partners, SV Life Sciences, Pequot Capital, Prism VentureWorks, […]

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