This month's remaining IPO calendar includes expected pricings from Comverge Inc. (4/12), Tailwind Financial (4/12), Cinemark Holdings (4/23), OceanFreight Inc. (4/24), Ocean Power Technologies (4/24), MetroPCS Communications (4/25), Pharmasset Inc. (4/25), CardioMEMS (4/25) and Edenor (4/25).
Entropic Communications Inc., a San Diego-based provider of home networking for digital entertainment, has agreed to acquire RF Magic Inc., a San Diego
Forbes Media has acquired Investopedia.com, a website for investor education. No financial terms were disclosed. Forbes Media was formed last summer by Forbes and Elevation Partners.
JetDirect Aviation LLC has agreed to acquire fellow private jet company Sentient Jet Inc. No financial terms were disclosed. JetDirect shareholders include CD Ventures, Argosy Capital, ABS Capital Partners, Brantley Partners, HSBC and AIG. www.jetdirect.com www.sentient.com
ArcLight Capital Partners and Competitive Power Ventures have agreed to sell CPV Wind Ventures LLC to Spain-based Iberdrola SA. No financial terms were disclosed for the deal, which is expected to close early next month. CPV Wind owns a portfolio of wind power projects totaling 3,500 megawatts across 15 states. It also has a contract […]
American Capital Strategies has sold Kingway to Unarco, a wholly-owned subsidiary of The Renco Group. No financial terms were disclosed. Kingway is a Lewisville, Texas-based manufacturer of industrial storage rack systems. www.king-way.com
Linsalata Capital Partners has agreed to sell Adorn LLC to Patrick Industries Inc. (Nasdaq: PATK). No financial terms were disclosed. Adorn is an Elkhart, Ind.-based maker of interior components to the recreational vehicle and manufactured housing industries.
3i Group and India Infrastructure Finance Company Ltd. (IIFCL) have formed a strategic partnership to provide equity and debt financing for infrastructure projects in India. No financial terms were disclosed. www.3i.com
Valor Equity Partners of Chicago is raising up to $200 million for its second fund, according to a regulatory filing. The lower-middle-market firm raised $120 million for its inaugural fund in 2002. www.valorep.com
Brantley Capital Corp., a publicly-traded business development company, has agreed to liquidate by selling substantially all of its investment assets to Venture Capital Fund of America III.