Akrion Inc., an Allentown, Pa.-based provider of batch-immersion and single-wafer wet cleaning systems for the semiconductor industry, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol AKRI, with Credit Suisse and Deutsche Bank serving as co-lead underwriters. Sunrise Capital Partners holds a 97.7% pre-IPO position. Akrion had […]
Bare Escentuals Inc. (Nasdaq: BARE), a San Francisco-based cosmetics company, announced a secondary public offering of 10 million common shares. Selling shareholders include Berkshire Partners (approx. 4.94m shares) and JH Partners (2.29m), which will see their ownership stakes drop to 24% and 11.4%, respectively. Bare Escentuals priced a $352 million IPO last September. www.bareescentuals.com
Power Medical Interventions Inc., a Langhorne, Pa.-based developer of computer-assisted surgical instruments, has filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol PMII, with Jefferies & Co. and Lazard Capital Markets serving as co-lead underwriters. Listed shareholders include Boston Scientific Corp. (17.5% pre-IPO position) and NGN Capital (9.1%) […]
UPEK Inc., a Berkeley, Calif.-based developer of silicon-based fingerprint security solutions, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol UPEK, with Deutsche Bank Securities serving as lead underwriter. UPEK has raised over $38 million in VC funding since being spun out of STMicroelectronics NV (NYSE: STM) […]
Skilled Healthcare Group Inc., a Foothill Ranch, Calif.-based provider of nursing facilities and rehabilitation therapy centers, priced around 16.67 million shares at $15.50 per share ($14-$16 range), for an IPO take of approximately $258 million. It will trade on the NYSE under ticker symbol SKH, while Credit Suisse served as lead underwriter. Onex Partners bought […]
Saratoga Partners has agreed to sell Data Return LLC to Terremark Worldwide Inc. (Nasdaq: TMRK) for $85 million. Saratoga Partners had acquired Data Return in June 2003 from Divine Inc. for $28 million, in a bankruptcy auction. Data Return is an Irving, Texas-based provider of managed services for large and complex websites. Lane Berry advised Saratoga […]
Craig Lawson and Jim Reinhart have joined the San Francisco office of Harris Williams & Co., while Tim Alexander has joined in Minneapolis. Lawson, director, previously was a principal in the M&A group of Banc of America Securities. Reinhart, vice president, previously was a VP in Goldman Sachs' tech/media/telecom group. Alexander, director, comes from Lehman […]
CCS Medical Holdings Inc. (a.ka. Chronic Care Solutions), a Clearwater, Fla.-based medical supply management company, has filed for a $172.5 million IPO. It plans to trade on the Nasdaq under ticker symbol CCSM, with Lehman Brothers and Goldman Sachs serving as co-lead underwriters. Warburg Pincus acquired the company in 2005. www.ccsmed.com
LDK Solar Co. Ltd., a China-based maker of multicrystalline solar wafers, has filed for a $400 million IPO. It plans to trade on the NYSE under ticker symbol LDK, with Morgan Stanley and UBS serving as co-lead underwriters. Shareholders include Jafco Asia. www.ldksolar.com
Targanta Therapeutics Inc., a Cambridge, Mass.-based developer of antibacterial agents, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol TARG, with Credit Suisse serving as lead underwriter. The company has raised $85 million in total VC funding since its 1997 inception, including a $70 million Series C […]