Alta Partners has purchased 9.8 million shares of ATS Medical Inc. (Nasdaq: ATSI) common stock at $1.65 per share, in order to help finance ATS' acquisition of the surgical cryoablation business of CryoCath Technologies Inc. (TSX: CYT). Alta also will receive a warrant to purchase an additional 1.96 million shares at $1.65 per share. The […]
PatchLink Corp., a Scottsdale, Ariz.-based provider of security patch and vulnerability management software, has agreed to acquire SecureWave SA, a Luxembourg-based provider of endpoint security software. No financial terms were disclosed. PatchLink has raised over $45 million in VC funding from firms like Bay Partners, GIC Special Investments, Granite Global Ventures and Scale Venture Partners. […]
Focus DIY was sold to US hedge fund Cerberus for a quid. Cerberus will pay a nominal
The Quadrangle Group has sold Global Energy Decisions LLC to Ventyx, a service delivery management platform company of Vista Equity Partners. No financial terms were disclosed. Global Energy is a Boulder, Colo.-based provider of software, data and advisory services to the global energy utility industry and its supply chain. www.ventyx.com www.globalenergy.com
Visant Corp. (a.k.a. Jostens), a portfolio company of KKR and DLJ Merchant Banking, has acquired Visual Systems Inc., a Milwaukee
Post Capital Partners has sold portfolio company Agent Media Corp. to Summit Business Media LLC, a portfolio company of Wind Point Partners. No financial terms were disclosed. Agent Media is a Clearwater, Fla.-based provider of database, publishing and marketing solutions provider for the insurance industry. www.postcp.com www.agentmediacorp.com
Versatile Processing Inc., a portfolio company of Dorman Industries LLC and Merit Capital Partners, has acquired Dulin Metals Co., a provider of mill processing, toll management and precious metal representation. No financial terms were disclosed. Dulin Metals was advised on the deal by RSM EquiCo Capital Markets. www.versatileprocessing.com
LLR Partners and Primus Capital Funds have invested $53 million in Community Education Centers Inc., a Roseland, N.J.
Dominion Enterprises, a Norfolk, Va.-based media company, has acquired Autobase Inc., an Indianapolis-based provider of marketing and sales solutions for auto dealerships. No financial terms were disclosed. Autobase had raised $8.5 million in a 2004 venture round led by Summit Accelerator Fund. www.DominionEnterprises.com www.autobase.net
Athersys Inc., a Cleveland-based regenerative medicine company, has completed a reverse merger with BTCH VI Inc. (OTC BB: BVIC), in which BTCH will change its name to Athersys. As part of the merger, BTCH has raised $65 million via a private placement. Radius Ventures led the deal, and was joined by OrbiMed Advisors, RA Capital […]