News and Analysis

Medio Systems Inc., a Seattle-based provider of mobile search and advertising solutions, has acquired mobile advertising firm Suhari LLC for an undisclosed amount. Medio Systems has raised nearly $40 million in VC funding since 2005, from Mohr, Davidow Ventures, Accel Partners, Frazier Technology Ventures, Venture Law Group, Dot Edu Ventures and Trilogy Equity Partners.
Ply Gem Industries Inc., a Kearney, Mo.-based maker of residential construction and renovation products, has agreed to acquire CertainTeed Corp.'s vinyl window and patio door business. The deal will be financed via a combination of cash on hand and borrowings against Ply Gem's $75 million revolving credit facilities. It is expected to close later this […]
Last week, cancer drug company Adnexus Therapeutics was announcing that it had raised $15.5 million in Series C funding. Today it’s filing for an $86.25 million IPO. Call me cynical, but I’m not so sure Adnexus is itching to go public. Instead, it seems like a company positioning itself to be acquired. Waltham, Mass.-based Adnexus has […]
Questex Media Group Inc., a Newton, Mass.-based B2B media company owned by Audax Group, has acquired Oxford Publishing Inc., an Oxford, Miss.-based producer of food and beverage event “The Show.” Oxford also publishes Nightclub & Bar Magazine. No financial terms were disclosed.
Turnaround firms have enough dry powder to support a major offensive. Now the question is whether the downturn they’ve been stockpiling for is finally at hand. Fund-raising by firms that take active roles in distressed situations, either as creditors or owners, has really gathered steam in the last few months. Together such firms have raised […]
Goldman Sachs is raising a $1 billion fund to buy “hung bridge” debt from leveraged buyouts, peHUB has learned. It is called GS Liquidity Partners III, and is being marketed with a two-year term, 1.25% management fee and 20% carried interest. Goldman Sachs and its employees are expected to contribute $100 million. The first GS […]
U.S. Equity Partners has completed its sale of ALM Media to Incisive Media, a UK business information publisher owned by Apax Partners. The deal is valued at $630 million in cash. ALM owns and publishes 33 national and regional magazines and newspapers focused on the legal and real estate communities, including The American Lawyer, The […]
Vercuity, a Greenwood Village, Colo.
Big buyout firms exploit the tax code, use debt financing to vacuum cash out of portfolio companies, fire legions of workers, and they may actually endanger the public pension funds they claim to bolster. Oh, and it’s possible they contributed to the bridge collapse in Minnesota. That’s the case Andy Stern, president of the Service […]
Veritext Corp., a Florham Park, N.J.-based provider of court reporting services has acquired Knipes Cohen Associates Inc., a provider of court reporting services for the Philadelphia market. No financial terms were disclosed. Veritext was acquired in 2005 by The Riverside Co., and has since made seven add-on acquisitions.

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