TargetSpot Inc., a New York-based provider of ad serving within streaming media, has raised an undisclosed amount of first-round funding from Union Square Ventures, CBS Radio and Oddcast Inc. The company is run by co-founder and CEO Doug Perlson, former COO of Seavast (f.k.a. Kanoodle). www.targetspot.com
Concho Resources Inc., a Midland, Texas-based oil and gas company focused on the Permian Basin of Southeast New Mexico, has filed for a $535 million IPO. It plans to trade on the NYSE under ticker symbol CXO, with JPMorgan and Banc of America Securities serving as co-lead underwriters. Shareholders include Yorktown Energy Partners.
Cinemark Holdings Inc., a Plano, Texas-based movie theater chain, priced 28 million common shares at $19 per share ($17-$19 range), for an IPO take of approximately $532 million. Lehman Brothers served as lead underwrite, while the company has begun trading on the NYSE under ticker symbol CNK. Madison Dearborn Partners held a 66.3% pre-IPO take, […]
Lamina, a Westhampton, N.J.-based LED developer, has raised $7 million in Series D funding. Easton Capital led the deal, and was joined by return backers Morgenthaler Ventures, Granite Global Ventures, RedShift Ventures and CID Equity Capital also participated. Lamina has raised around $47.5 million in total VC funding since 2001. www.laminaceramics.com
Business Objects (Nasdaq: BOBJ) has agreed to acquire Cartesis SA, a France
The Aurora Funds has promoted Jan Bouten to principal. He joined the firm in 2003, and was promoted to senior associate in 2005. www.aurorafunds.com
Infor Global Solutions, a software portfolio company of Golden Gate Capital, has agreed to acquire Workbrain Corp. (TSX: WB), a Toronto-based provider of workforce management software. Workbrain stockholders would receive Cnd$12.50 per share, for a total transaction value of approximately Cnd$227 million. www.infor.com www.workbrain.com
Silver Ventures has agreed to sell salsa and taco sauce maker San Antonio Farms to TreeHouse Foods Inc. (NYSE: THS). The deal is valued at $88.5 million in cash, and is expected to close within 45 days. It will be financed via borrowing under TreeHouse's existing $500 million credit facility. www.treehousefoods.com
Overseas Shipholding Group Inc. (NYSE: OSG) has acquired the Heidmar lightering business of Heidmar Inc., a portfolio company of Morgan Stanley Capital Group, for approximately $41 million. The acquired business includes a fleet of four tankers and two workboats that provide crude oil lightering services to refiners, oil companies and trading companies. It will be […]
Constellation Energy Partners LLC (NYSE Arca: CEP) has closed its acquisition of certain coalbed methane properties from EnergyQuest Resources LP, a portfolio company of Quantum Energy Partners. The deal was valued at approximately $115 million. www.constellationenergypartners.com www.quantumep.com