Lumber Liquidators Inc., a Toano, Va.-based direct retailer of hardwood flooring, has filed for a $150 million IPO. It plans to trade on the NYSE under ticker symbol LL, with Goldman Sachs and Merrill Lynch serving as co-lead underwriters. TA Associates holds a 34.6% pre-IPO position, based on a $35 million private equity infusion in […]
Aecom Technology Corp., a Los Angeles-based provider of technical and management support services, set its proposed IPO terms to 35.15 million common shares being offered at between $18 and $20 per share. It plans to trade on the NYSE under ticker symbol ACM, with Morgan Stanley, Merrill Lynch and UBS serving as co-lead underwriters. Shareholders […]
Biofuel Energy Corp., a Denver-based ethanol producer, set its proposed IPO terms to 9.5 million common shares at between $16 and $18 per share. It had originally filed to raise $300 million, and plans to trade on the Nasdaq under ticker symbol BIOF. JPMorgan, Citigroup and A.G. Edwards are serving as co-lead underwriters. Shareholders include […]
Volicon Inc., a Burlington, Mass.-based provider of digital video recording and broadcast monitoring, has raised $1.1 million in Series B funding, according to a regulatory filing. Shareholders include Naftali Investments Ltd. and Brookline Venture Partners. www.volicon.com Correction: The above brief previously identified Globespan Capital Partners as an investor. Globespan was not a shareholder. Jonathan Seelig, a onetime […]
Alfonso Cortina has joined TPG as the firm's senior advisor in Spain. He is the former chairman and CEO of Repsol YPF SA. He also has served as chairman of Inmobiliaria Colonial and chairman and CEO of Portland Valderribas and Cementos Portland.www.tpg.com
Nik Shah has joined HIG Ventures, after having been a senior associate with Landmark Partners. http://www.higventures.com/
Morgan Stanley has named Stephen Roach as Asia chairman, succeeding the retiring Alasdair Morrison. Roach has been with Morgan Stanley for 25 years, most recently as a managing director and chief economist. He will relocate to Hong Kong in September. http://www.morganstanley.com/
There was a trade press report last week that Relativity Fund had held a $100 million first close for its inaugural fund, but sources tell me that the report was premature. The firm has soft circles in excess of that amount, but a formal first close won't come for another couple of months (probably on […]
CircuLite Inc., a Hackensack, N.J.-based developer of circulatory assist technology for the management of chronic heart failure, has raised $5 million in additional Series B funding, to close the round at $25 million. Credit Agricole Private Equity provided the final tranche, joining earlier backers Forbion Capital Partners, Foundation Medical Partners, Oxford Biosciences Partners and SB […]
AmberPoint, an Oakland-based provider of SOA runtime governance software, has raised $9 million in fifth-round funding. SAP Ventures was joined by return backers Crosslink Capital, Meritech Capital Partners, Motorola Ventures, Norwest Venture Partners and Sutter Hill Ventures. AmberPoint has raised around $50 million in total VC funding since its 2001 inception. www.amberpoint.com