PE Hub Staff
Get The Wire in your inbox each morning! Just send us an email. Tumbleweed Communications Corp. (Nasdaq: TMWD) has acquired Corvigo Inc., a Palo Alto, Calif.-based provider of an artificial intelligence technology for eliminating email spam. The transaction is valued at approximately $38.5 million, including the issuance of 4.7 million shares of Tumbleweed common stock, […]
Get The Wire in your inbox each morning! Just send us an email. Semiconductor Manufacturing Corp., a Shanghai, China-based chipmaker, has raised over $1.7 billion via an initial public offering of American Depository Shares. The company yesterday priced over 97 million ADS at $17.50 per share (high end of its $15.50-$17.50 per share offering range), […]
Get The Wire in your inbox each morning! Just send us an email. Kohlberg Kravis Roberts & Co. (KKR) has agreed to acquire mattress maker Sealy Corp. in a transaction valued at approximately $1.5 billion. The seller is an investment group that includes Bain Capital, Charlesbank Capital Partners, JPMorgan Partners, CIBC Argosy Merchant Fund and BancBoston […]
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 […]