Medi-Clinic, South Africa's third largest hospital group, announced Thursday that it is buying Switzerland's biggest private hospital business, Hirslanden, from private equity house BC Partners for CHF2.846bn (US$2.4bn). It gives Hirslanden a CHF3.6bn enterprise value. Barclays Capital is underwriting part of the deal with up to CHF2.8bn in debt financing. South Africa's Standard Bank and […]
AIG Capital Partners, an emerging markets private equity investor, has sold JetFinance International to BNP Paribas, through its consumer arm Cetelem. No price was given for the transaction, but JetFinance had total assets of Euro109m (US$149m). The business, founded in 2001, is a specialised consumer finance business in Bulgaria, providing point-of-sale financing, home collected loans […]
Anobit Technologies Ltd., a Herzelia, Israel-based fabless semiconductor startup focused on the NAND flash memory market, has raised $17 million in Series A funding. Battery Ventures and Pitango Venture Capital co-led the deal, with Battery's Scott Tobin and Pitango's Rami Beracha joining the Anobit board of directors. www.anobit.com
NEW YORK (AP) – Shares of three companies that debuted in trading Thursday boasted strong performances, and business information publisher Dolan Media stole the show as its shares surged 22 percent. Shares of the Minneapolis, Minn.-based company opened at $16.40 after pricing at $14.50. The company had expected the offering to price between $13.50 and $15.50 […]
CCS Medical Holdings Inc. (a.ka. Chronic Care Solutions), a Clearwater, Fla.-based medical supply management company, set its IPO terms to 10 million common shares being offered at between $14 and $16 per share. It would have an initial market cap of around $607 million, if it were to price at the high end of its […]
Concho Resources Inc., a Midland, Texas-based oil and gas company focused on the Permian Basin of Southeast New Mexico, raised $240.24 million via its IPO. The company priced 20.89 million common shares at $11.50 per share ($14-$16 range), for an initial market cap of $833.75 million. It will trade on the NYSE under ticker symbol […]
Synacor Inc., a Buffalo, N.Y.-based provider of online content and technology solutions for broadband and Internet service providers, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol SYNC, with Deutsche Bank and Bear Stearns serving as co-led underwriters. Synacor has raised around $54 million in VC funding […]
Sucampo Pharmaceuticals Inc., a Bethesda, Md.-based drug company working with a class of compounds known as prostones, raised $43.13 million through its IPO. The company priced 3.75 million Class A common shares at $11.50 per share ($14-$16 range). It will trade on the Nasdaq under ticker symbol SCMP, while Cowen & Co. served as co-lead underwriters. Shareholders […]
CBS Corp. (NYSE: CBS) paid $43 million to acquire MaxPreps earlier this year, according to its Q2 10-Q filing. MaxPreps is a Cameron Park, Calif.
Aristos Logic Corp., a Foothill Ranch, Calif.-based provider of RAID storage processing solutions, has raised $13.36 million in Series G funding, according to a regulatory filing. Return backers included JPMorgan Partners, TPG Ventures, Woodside Fund, QTV Capital, Seagate Technology, Infineon Technologies, Emulex Corp., EMC Corp. Aristos Logic has raised around $100 million in total VC […]