Managed Systems Inc., a New York-based provider of outsourced IT services for small and mid-sized companies, has raised $3 million in first-round funding. Greenhill SAVP led the deal with a $2.5 million infusion. www.getmanaged.com
TechTarget Inc., a Needham, Mass.-based provider of online IT content, priced 7.7 million common shares at $13 per share ($12-$14 range), for an IPO take of approximately $100.1 million. It will trade on the Nasdaq under ticker symbol TTGT, while Morgan Stanley and Lehman Brothers served as co-lead underwriters. Shareholders include Technology Crossover Ventures (32.34% […]
Jazz Pharmaceuticals Inc., a Palo Alto, Calif.-based drug development and commercialization company focused on neurology and psychiatry, has set its proposed IPO terms to six million common shares being offered at between $24 and $26 per share. It plans to trade on the Nasdaq under ticker symbol JAZZ, with Morgan Stanley and Lehman Brothers serving […]
Citigroup Venture Capital has sold FastenTech Inc. to Doncasters Group Ltd. for approximately $492 million. FastenTech is a Minneapolis
Ice Energy Inc., a Windsor, Colo.-based air conditioning startup, has raised $25 million in Series A funding. Goldman Sachs led the deal, and was joined by Good Energies Inc., Second Avenue Partners and Sail Venture Partners. The Ice Energy product is essentially an energy storage system that draws power from utilities at night (when power […]
uLocate Communications Inc., a Framingham, Mass.-based publisher of location-enabled mobile applications, has raised $11 million in Series C funding. Venrock led the deal, and was joined by return backers GrandBanks Capital and Kodiak Venture Partners. Ulocate previously had raised just over $5 million. www.ulocate.com
TerraGo Technologies, an Atlanta-based provider of geospatial distribution solutions, has raised $6.3 million in Series A funding. RedShift Ventures led the deal, and was joined by CNF Investments and In-Q-Tel. www.terragotech.com
Datacraft Solutuions, a Durham, N.C.
SensorLogic Inc., a Dallas
KKR has agreed to sell Cleanaway Holdings Ltd., a provider of waste management services in Australia, New Zealand and Taiwan, to Transpacific Industries Group Ltd. for Au$1.25 billion. KKR will retain the BIS Cleanaway logistics business. KKR originally acquired the entire company for Au$1.83 billion last year