TSG Consumer Partners has sold its 30% stake in enhanced bottled water company Glaceau (a.k.a. Energy Brands Inc.) to The Tata Group. The deal is valued at $677 million, including both the TSG stake and additional growth capital. Glaceau is a New York-based company whose brands include of Vitaminwater, Fruitwater and Smartwater. www.glaceau.com ChemoCentryx Inc., [โฆ]
Adam Aircraft Inc., an Englewood, Colo.-based maker of carbon composite aircraft for the twin piston and very light jet markets, has raised $93 million in Series F funding. DCM-Doll Capital Management led the deal, and was joined by Mesirow Financial, W Capital Partners, D.E.Shaw Laminar Portfolios and Acadia Woods Partners. Return backers include Goldman Sachs [โฆ]
Kingsoft Corp., a China-based online game and application software developer, has raised $72 million in VC funding from Intel Capital, New Horizon Fund and GIC Special Investments. The company also said that it is considering a $100 million overseas IPO listing sometime next year. www.kingsoft.com/en Cisco Systems Inc. (Nasdaq: CSCO) has agreed to acquire Arroyo [โฆ]
Apax Partners and Bain Capital have agreed to join the private equity consortium that is acquiring an 80.1% stake in the Semiconductor division of RoyalPhilips Electronics (NYSE: PHG). The group already had included KKR, Silver Lake Partners and AlpInvest. www.apax.com www.baincapital.com Infinite Power Solutions Inc., a Golden, Colo.-based maker of thin-film batteries, has raised around [โฆ]
Vector Capital has agreed to co-invest equally in Francisco Partners' $151 million public-to-private buyout of WatchGuard Technologies Inc. (Nasdaq: WGRD). Vector already controls 9.4% of WatchGuard shares, and had tried to buy out the company before Francisco stepped in. As part of the agreement, Vector will vote its shares in favor of the transaction. www.watchguard.com [โฆ]
Renewable Energy Group Inc., a Ralston, Iowa-based biodiesel producer, has raised $100 million in Series A funding. Natural Gas Partners led the deal, and was joined by such firms as Bunge North America, ED&F Man Holdings and West Central Cooperative. Viant Group advised REG on the deal, which will be used to increase its biodiesel [โฆ]
Boingo Wireless Inc., a Santa Monica, Calif.๏ฟฝbased wholesale network aggregator and operator of neutral-host Wi-Fi networks, has closed its Series C round with $65 million. Mitsui & Co. led the deal, and was joined by fellow existing shareholders like New Enterprise Associates and Sternhill Partners (Evercore Partners did not re-up). New backers include Steelpoint Capital [โฆ]
Intranasal Therapeutics Inc., a Lexington, Ky.
Apollo Management has raised $2 billion via a public flotation on the Euronext in Amsterdam. The New York-based firm originally planned to raise $2.5 billion, but lowered its sights to just $1.5 billion after tepid aftermarket performance of a $5 billion public vehicle from KKR. The Apollo fund is named AP Alternative Assets. Onex Corp. [โฆ]
Apax Partners and KKR might need to reconsider their possible