Advent International has made four new hires to its Boston-based North American deal team. They are: Mohammed Anjarwala, principal, previously with SFW Capital Partners and Bain Capital Partners; Nicholas Pike, associate, formerly with the financial sponsors and leveraged finance groups of UBS Investment Bank; Chris Ryan, associate, previously with The Parthenon Group; and Sarah Smith, […]
Medical Specialties Distributors LLC, a Stoughton, Mass.-based supplier of healthcare products and biomedical equipment rentals and services, has acquired of Wren Medical Systems Inc., a Gurnee, Ill.-based distributor of infusion and enteral therapy products to both the alternate site and acute care markets. No financial terms were disclosed. MSD is a portfolio company of MBF […]
TokBox, a San Francisco-based video communications startup, has raised $4 million in Series A funding from Sequoia Capital and individual angels. The company says that its product “makes it effortless for anyone, anywhere to make a video call for free.” www.tokbox.com
CellPoint Diagnostics Inc., a Richmond, Va.-based cancer diagnostics company, has raised $11.22 million in Series A-1 funding, according to a regulatory filing. Northgate Capital Group was joined by return backer Mohr, Davidow Ventures. The company had raised an $8.5 million Series A round late last year. www.cellpointdiagnostics.com
Agito Networks Inc., a Sunnyvale, Calif.-based provider of enterprise mobility solutions, has raised $9 million in Series A funding led by Battery Ventures. The company's debut product is a platform designed to mobilize “business voice and data applications using RF-based, location-aware technologies and patent-pending algorithms.” www.agitonetworks.com
Biocontrol, a UK-based developer of treatments to cure serious antibiotic-resistant infections, has raised Gbp500,000 in new funding. The Capital Fund led the transaction with a Gbp250,000 infusion. www.biocontrol.ltd.uk
MediKeeper, a San Diego-based provider of technology solutions for the health and wellness industry, has raised an undisclosed amount of Series A funding led by PacifiCap. www.medikeeper.com
Conduit Capital Partners has sold its 81.83% stake in Termotasajero, a 155 MW pulverized coal power plant in Colombia, for $173 million. Buyers included a Chilean investment fund, Colombian pension funds and a Colombian investment bank.www.conduitcap.com
Freedom Communications Inc. has sold WLNE-TV, an ABC network affiliate serving the Providence, R.I. and New Bedford, Mass. markets, to Global Broadcasting. No financial terms were disclosed. Freedom Communications is an Irvine, Calif.-based media conglomerate backed by The Blackstone Group and Providence Equity Partners. www.freedom.com
GE Healthcare has agreed to acquire Dynamic Imaging, an Allendale, N.J.-based provider of Web-based image and information management. Sellers include Capital Resource Partners. No financial terms were disclosed. www.dynamic-imaging.com