Reactive Nanotechnologies Inc., a Hunt Valley, Md.-based developer of nano-scale furnaces for soldering applications, has called down $10.5 million of a $17 million Series C round, according to a regulatory filing. Siemens Venture Capital led the deal, and was joined by return backers like Sevin Rosen Funds and Toucan Capital. www.rntfoil.com
NEW YORK (AP) – CBS Corp. on Wednesday said it invested an unspecified amount in TicketReserve, a privately held Web-based marketplace. TicketReserve gives fans access to hard-to-get tickets by allowing them to reserve the right to buy face-value tickets. These vouchers can be bought and sold through a free-market trading system, or used to buy […]
Societe Generale Asset Management Alternative Investments (SGAM AI), the private equity arm of the French financial services group, has held a final close of its Central and Eastern Europe-focused fund with Euro 156m ($210m) of commitments, above its initial target of Euro 150m. SGAM Eastern Europe, which held an Euro 80m first close in February […]
Compass Partners is in the process of selling Flakt Woods, a Swiss fan maker and one of the three remaining portfolio companies in its debut fund. Steven Waters, partner and founder at Compass Partners, said that the firm has hired Goldman Sachs regarding monetising its investment in Fl
Aileron Therapeutics, a Cambridge, Mass.-based developer of cell-permeable peptide technology to help treat cancer and other diseases, has raised $7 million in Series C funding. Backers include Apple Tree Partners and the Novartis Venture Fund. www.aileronrx.com
NextBio, a Cupertino, Calif.-based developer of an online search engine for life sciences data, has raised $7 million in Series B funding led by Newbury Ventures. www.nextbio.com
Novations Group Inc., a Boston-based training and consulting organization, has acquired ProGroup Inc., a Minneapolis-based provider of corporate diversity training. No financial terms were disclosed. Novations was acquired last year by private equity firm MCG Global. www.novations.com www.progroupinc.com
Cooper-Standard Automotive Inc. has agreed to acquire the Metzeler Automotive Profile Systems (MAPS) sealing systems operations in Germany, Italy, Poland and Belgium, from Automotive Sealing Systems SA. No financial terms were disclosed for the deal, which is expected to close next quarter. Cooper-Standard shareholders Goldman Sachs Capital Partners and The Cypress Group will invest new […]
Wexford Capital has sold Drew Shoe Corp., a Lancaster, Ohio
Audax Group last Thursday closed its third fund with $1 billion in capital commitments. The Boston-based firm was founded by a pair of former Bain Capital pros in 1999, and focuses on middle-market opportunities across a range of industry sectors. It also runs a mezzanine lending business out of its New York office. www.audaxgroup.com