Warburg Pincus and GTCR to recap Sterigenics

Warburg Pincus and GTCR will recapitalize Sterigenics International, a provider of contract sterilization, gamma technologies and medical isotopes. No financial terms were disclosed. The transaction is expected to be completed in the second quarter of this year. Goldman, Sachs & Co. and Jefferies LLC were financial advisors to Sterigenics and GTCR while J.P. Morgan Securities LLC provided additional financial advice to GTCR. Also, JPMorgan will provide debt financing for the recap. Sterigenics is owned by GTCR.


peHUB First Read

First Read ushers in your morning with news of Netanyahu defeating chief rival in Israeli elections, Alibaba scraps plans to invest in Snapdeal and Microsoft confirms Windows 10 will arrive this summer.


VC-backed SugarCRM buys Stitch

SugarCRM Inc has acquired San Francisco-based Stitch, a provider of personal assistant technologies that enhance productivity for mobile users. No financial terms were disclosed. SugarCRM is backed by Goldman Sachs, Draper Fisher Jurvetson, New Enterprise Associates and Walden International.


peHUB First Read

First Read ushers in the week with news of Brynwood Partners to acquire Wessanen’s U.S. juice unit for $55 million, a new report reveals that ISIS has more than 46,000 Twitter accounts and as led by President Obama, thousands crowd on Selma to mark 50th anniversary of civil rights march.

Apps search engine Quxey nabs $60 mln

Mountain View, California-based Quixey, a search engine for apps, has secured $60 million in Series C1 funding, the company announced in a blog post on its site. Alibaba led the round with participation from other investors that included SoftBank, Goldman Sachs and GGV. To read the announcement, visit here.


VC-backed digital advertising company MaxPoint goes public

MaxPoint Interactive Inc has debuted its IPO of 6.5 million shares after pricing it at $11.50 per share. The stock began trading Friday on the NYSE under the ticker symbol “MXPT.” Goldman Sachs, Deutsche Bank Securities and Pacific Crest Securities are serving as lead underwriters. MaxPoint Interactive is a digital advertising company that helps brands increase in-store sales. It is backed by Madrona Venture Group and Trinity Ventures.


VC-backed Etsy files for IPO

Brookyn-based Etsy Inc, a marketplace where people buy and sell “unique goods,” has filed for an IPO. The number of shares to be sold as well as the stock’s pricing terms have yet to be set. Etsy plans on listing the stock on the NASDAQ under the ticker symbol “ETSY.” Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are the lead underwriters. Etsy’s backers include Index Ventures, Union Square Ventures and Accel Partners.


Platinum closes sale of Neovia Logistics

Platinum Equity said Tuesday that its sale of Neovia Logistics to Goldman Sachs and Rhône Capital L.L.C has been completed. Financial terms of the transaction were not disclosed. Neovia Logistics provides spare parts logistics, warehouse management and fulfillment services and distribution solutions. Macquarie Capital and UBS served as financial advisors to Platinum Equity while Goldman Sachs and Deutsche Bank Securities advised the buyers.

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