Telecorps Communications, a portfolio company of H.I.G. Capital, has acquired Coffey Sound, a Hollywood, Calif.-based renter, seller and repairer of audio equipment for the television and film industry. No financial terms were disclosed. www.telecorps.com www.coffeysound.com
PHNS, a Dallas-based provider of IT solutions for hospitals, has acquired Network Technology Group Inc., a Baton Rouge, La.
MedAssets Inc. of Alpharetta, Ga. has agreed to acquire XactiMed, a Richardson, Texas-based provider of Web-based revenue cycle technologies and services to the healthcare industry. No financial terms were disclosed for the deal, which is expected to close next month. MedAssets is backed by Galen Partners, Grotech Capital Group and Parthenon Capital, while XactiMed is […]
Cordys Holding BV, a Dutch provider of business process management software, has raised $80 million in private equity funding. Argonaut Private Equity led the round with a $67 million investment, in exchange for a significant minority ownership position. Company founder and majority shareholder Jan Baan also participated. www.cordys.com
aTyr Pharma, a San Diego-based drug company focused on developing a novel class of naturally-occurring protein biologics for therapeutic application, has raised $10.5 million in Series B funding. Alta Partners and Polaris Venture Partners co-led the round, which also included Imagene and return backer Cardinal Partners. www.atyrpharma.com
Hhgregg Inc., an Indianapolis-based retailer of audio/video products, branded appliances and accessories, has filed for a $172.5 million IPO. It plans to trade on the NYSE under ticker symbol HGG, with Credit Suisse and Lehman Brothers serving as co-lead underwriters. Freeman Spogli & Co. is the company's largest shareholder with a 64% pre-IPO stake, followed […]
Acorn International, a Shanghai, China-based marketer of consumer products through a TV home shopping network, has set its proposed IPO terms to 23.1 million ordinary shares being offered at between $12.50 and $14.50 per share. It plans to trade on the NYSE under ticker symbol ATV, with Merrill Lynch and Deutsche Bank serving as co-lead […]
Hellman & Friedman has closed its sixth buyout fund with $8.4 billion in capital commitments. “The closing of our sixth fund represents an important milestone for Hellman & Friedman,” said F. Warren Hellman, Chairman of Hellman & Friedman. “We are especially pleased with the support of our longstanding limited partners who once again have […]
Beth Bronner has agreed to join Mistral Equity Partners
Intelsat Ltd., the world's largest commercial satellite operator, reportedly is on the block for up to $6 billion. The company was acquired in August 2004 by Apollo Management, Madison Dearborn Partners, Apax Partners and Permira. One year later, it acquired rival PanAmSat for around $3.2 billion. www.intelsat.com