Warner Chilcott, a Rockaway, N.J.-based drug company focused on women's healthcare and dermatology, priced 70.6 million common shares at $15 per share (below $17-$19 range), for an IPO take of approximately $1.06 billion. It plans to trade on the Nasdaq under ticker symbol WCRX, while Goldman Sachs served as lead underwriter. The company was taken private in early 2005 for $3.1 billion by a private equity consortium that included Bain Capital, DLJ Merchant Banking Partners, JPMorgan Partners and Thomas H. Lee Partners. www.warnerchilcott.com
Lone Star Funds has acquired B-Line LLC, a Seattle-based specialty finance firm, from Golden Gate Capital. No financial terms were disclosed. www.blinellc.com
Knight Energy Group LLC has paid $165 million to acquire a series of producing and undeveloped oil and gas properties, located primarily in
| VC Deals |
MODASolutions Inc., a Kanata, Ontario-based provider of alternative payment solutions, has raised US$11 million in second-round funding. Celtic House Venture Partners and Propulsion Ventures co-led the deal, and were joined by return backers BDC Venture Capital and the Ottawa Angel Alliance. www.modasolutions.com
Seventymm Services Pty Ltd., an
Packetmotion Inc., a San Jose, Calif.-based provider of enterprise security software, has raised $5.97 million in Series B-1 funding, according to a regulatory filing. Return backers include Onset Venture Partners, Intel Capital and Mohr, Davidow Ventures. www.packetmotion.com
Vignani Technologies Pvt Ltd., an India-based engineering services provider, has raised $4 million in first-round funding from Intel Capital, Jafco and KT Ventures. www.vignani.com
Abla-Tx Inc., a Boulder, Colo.-based developer of software-based algorithms to monitor thermal ablation of tumors, has secured $2 million of a $2.5 million Series B round, according to a regulatory filing. Backers include Flagship Ventures and Sequel Venture Partners. www.abla-tx.com
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Morgenthaler Partners has acquired Mark Andy Inc. from Dover Corp. (NYSE: DOV) for an undisclosed amount. Madison Capital Funding led the leverage tranche, with Hancock Capital Management also participating. Mark Andy is a St. Louis-based manufacturer of narrow-web printing equipment. www.morgenthaler.com www.markandy.com
Incisive Media PLC, a listed UK-based business information publisher, is recommending a Gbp199 million cash offer from Apax Partners. www.incisivemedia.com www.apax.com
Emigrant Capital has agreed to acquire Next Proteins Inc.'s protein bar business, in partnership with the business' management. No financial terms were disclosed. www.emgirantcapital.com
K&K Iron Works Inc., a Chicago-based engineering firm that fabricates and erects structural steel components, has raised an undisclosed amount of private equity funding from H.I.G. Capital and company founders. www.kkironworks.com www.higcapital.com
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Home Diagnostics Inc., a Ft. Lauderdale, Fla.-based provider of blood glucose monitoring systems and disposable supplies for diabetics, priced 6.6 million common shares at $12 per share (below $14-$16 range), for an IPO take of approximately $79.19 million. It plans to trade on the Nasdaq under ticker symbol HDIX, while JPMorgan and Piper Jaffray served as co-lead underwriters. Shareholders include Albion Investors and Medical Growth Partners. www.homediagnosticsinc.com
Paradigm Ltd., a Cayman Islands-based provider of enterprise software for the global oil and gas exploration and production market, has filed to raise $200 million via an IPO of common stock. It plans to trade on the Nasdaq, with Lehman Brothers, UBS and Banc of America Securities serving as co-lead underwriters. Fox Paine holds a 92.3% pre-IPO position. www.paradigmgeo.com
Miasole Inc., a San Jose, Calif.-based manufacturer of thin-film solar cells, hopes to price an IPO within 12 to 18 months, according to a CNet interview with company CEO David Pearce. The company has raised over $21 million in VC funding from firms like Kleiner Perkins Caufield & Byers, VantagePoint Venture Partners, Firelake Strategic Technology Fund, Garage Technology Ventures and Nippon Kouatsu Electric Company. www.miasole.com
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Central American Capital Group has acquired a 49.9% stake in Amnet Telecommunications Holdings Ltd., which provides cable television and broadband Internet access in
Pentaho Corp., an Orlando, Fla.-based provider of open-source business intelligence software, has acquired the Weka open source data mining project developed by the
Frontier Drilling, a Houston, Texas-based provider of offshore drilling and production services for the oil industry, has agreed to acquire and refurbish the Transocean Explorer, a second-generation semisubmersible drilling rig currently capable of drilling in water depths of up to 1,250 feet. The deal is partially financed via a $27 million private equity infusion from Avista Capital Partners. www.avistacap.com
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CDW Corp. (Nasdaq: CDWC) has agreed to acquire Berbee Information Networks Corp., a Madison, Wis.-based independent IT solution provider, for $175 million in cash. Berbee had raised $17.5 million in 2000 from One Equity Partners and Baird Capital Partners, with Baird still listing Berbee as a portfolio company.
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