Mitel Networks Corp., an Ottawa-based provider of integrated communications solutions and services for business customers, has withdrawn its proposed US$150 million IPO. Mitel said its decision was “in light of the company's recently-completed acquisition of Inter-Tel (Delaware) Inc.” Company shareholders include EdgeStone Capital Partners. www.mitel.com
TMP Worldwide Advertising & Communications LLC, a New York
Dewey Ballantine LLP and LeBoeuf, Lamb, Greene & MacRae LLP announced that both partnerships have approved a merger of the two law firms, which will take effect on October 1. The combined organization will operate as Dewey & LeBoeuf LLP, and will feature more than 1,300 attorneys in 12 countries. www.deweyballantine.com www.llgm.com
Scott Lang has joined City Capital Advisors, a Chicago-based middle-market I-bank formed last year, as a managing director. Lang is the former co-founder and CEO of Brown Gibbons Lang & Company. www.city-cap.com
Carlos Ferrer has joined Nauta Capital of Spain as a partner. He previously had run the VC division of Riva y Garcia. www.nautacapital.com
AEA Investors has hired Goldman Sachs to explore a sale of portfolio company Burt's Bees Inc., a Durham, N.C.-based maker of personal care products like lip balm. The news was first reported by The Deal, which said buyers may pay up to $1 billion. www.burtsbees.com
Sentinel Capital Partners has completed its sale of MetroCare Dental to American Dental Partners Inc. (Nasdaq: ADPI) for $85 million in cash. MetroCare Dental is a multi-specialty dental group with 34 dental facilities in the Minneapolis-St. Paul area. www.sentinelpartners.com
Golub Capital has promoted Sean Coleman and Stefano Robertson to the position of principal. Coleman is based in New York, and originally joined Golub as a vice president after having founded niche merchant bank Commonwealth Principals. Robertson is based in Chicago, and had joined Golub after eight years with Antares Capital Corp. www.golubcapital.com
Ignition Partners is planning to raise $200 million for its first late-stage VC fund, according to VentureWire. The effort follows on the heels of Ignition raising its fourth early-stage fund, which was scheduled to close last week on between $350 million and $400 million. www.ignitionpartners.com
Rohini Chakravarthy has joined New Enterprise Associates as a principal. She will be based in Menlo Park, and focus primarily on IT opportunities. Chakravarthy previously was with Cisco Systems, as head of wireless corporate business development. www.nea.com