PureCars has raised $5 million of new equity capital from Gemini Investors and Stage 1 Ventures. The financing will allow PureCars to enhance and expand its services and product offerings.

FormFactor has completed the acquisition of MicroProbe. Headquartered in California, MicroProbe is a provider of advanced SOC wafer test solutions. The company’s backers include Flywheel Ventures, Intel Capital and Gemini Investors.

FormFactor is to acquire MicroProbe for $100 million in cash and $16.8 million in stock, subject to customary adjustments. Headquartered in California, MicroProbe is a provider of advanced SOC wafer test solutions. The company’s backers include Flywheel Ventures, Intel Capital and Gemini Investors. PRESS RELEASE FormFactor, Inc. (NASDAQ: FORM) today announced that it has signed [...]

Jersey Precast, a Trenton, N.J. company that makes concrete producgts, has been recapitalized through a growth investment from Gemini Investors, Pine Street Capital Partners and Starboard Capital Partners. Allegiance Capital Corp., an investment bank serving the middle market, facilitated the introduction of the investors to the company. Terms of the deal weren’t disclosed. PRESS RELEASE: [...]

NetSteps, a Pleasant Grove, Utah-based maker of business applications for real-time management of direct sales channel companies, hired Kevin Vitale as chief executive officer. He was Wall Data Inc.’s president and CEO. Gemini Investors LLC also made an unspecified investment in NetSteps. The Wellesley, Mass.-based shop typically invests $3 million to $8 million per transaction.

Gemini Investors has closed its fifth fund with $60 million in capital commitments, according to a regulatory filing. The Wellesley, Mass.-based firm focuses on middle-market companies in the technology, business services, consumer services, healthcare, education, manufacturing and distribution sectors.

Gemini raised $58 million for its fourth fund in 2005, which followed a $180 million third fund raised in 2000. www.gemini-investors.com

Molly Simmons has stepped down as a managing director with Gemini Investors, in order to join Tonka Bay Equity Partners. An official announcement is expected shortly. In an email to friends and colleagues, Simmons wrote: Tonka Bay Equity Partners is a veteran private equity firm focused on recapitalizations, buyouts and growth capital transactions in middle [...]

Gemini Investors and Socius Capital have sponsored a recapitalization of Wazee Electric Inc., a provider of of products and services for industrial motors and cranes in the Rocky Mountain region. CapitalValue advised Wazee on the deal.