Travelport Ltd., a owner of travel services company Galileo and Orbitz.com, has completed its $1.4 billion acquisition of travel-booking service Worldspan. Blackstone Group and Technology Crossover Ventures bought Travelport from Cendant earlier this year for $4.3 billion. Court Square Capital and Teachers' Private Capital bought Worldspan in 2004 for around $900 million from Delta Airlines, […]
SunGard has completed its acquisition of VeriCenter Inc., a Houston, Texas-based provider of managed services, application hosting and IT infrastructure outsourcing. No financial terms were disclosed. SunGard was acquired in 2005 by seven private equity firms, while VeriCenter had raised around $23.5 million in VC funding from BMC Software, Broadband Venture Partners, Intel Capital and Pharos Capital […]
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. www.medio.com
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. www.questex.com
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.
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. www.veritext.com
Irving Tanning Co. and Prime Tanning Co. have agreed to merge into a single tanning operation with combined annual revenue of over $225 million. Irving is based in Hartland, Maine, and was acquired in 2005 by Meriturn Partners and company management.