128 Views

VC-backed Flex Pharma files for IPO

According to an SEC filing, Boston-based Flex Pharma, a biotech firm that focuses on treating muscle cramps, has filed for an IPO. Although the number of shares that will be sold as well as the stock’s pricing terms have yet to be set, the document proposes the IPO’s value to be up to $60 million Jefferies and Piper Jaffray are among those named as lead underwriters. Flex Pharma’s backers include Bessemer Venture Partners and Longwood Fund.

 

143 Views

PE-backed AltheaDx files for IPO

AltheaDx, a molecular diagnostics firm, has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. AltheaDx plans on listing its stock on the NASDAQ under the ticker symbol “IDGX.” Citigroup and Jefferies are the lead underwriters. AltheaDx’s backers include Telegraph Hill Partners.

Revellers chat on a street before performing at a carnival parade in Havana
491 Views

peHUB Second Opinion

In Second Opinion, Sony cancels the premier of “The Interview,” the U.S. restores diplomatic relations with Cuba and what to do when a VC says no, over and over again.

156 Views

Investing platform Insikt fetches $16 mln

Investing platform Insikt has raised $16 million in Series B funding, it was announced on the company’s site. Revolution Ventures led the round with participation from other investors that included Firstmark Capital, Serengeti Asset Management, Peterson Ventures, Jefferies and Atalaya Capital Management. To read the post, visit here.

 

168 Views

Athletico Physical Therapy closes buy of Accelerated Rehab

Athletico Physical Therapy, which is backed by Harvest Partners, has acquired Accelerated Rehabilitation Centers from OMERS Private Equity. Financial terms weren’t announced. The deal, announced in November, closed December 2. Jefferies provided financial advice to accelerated.

150 Views

Wayzata-owned Neff Corp. goes public

Neff Corp., a regional equipment rental firm, has debuted its IPO after pricing its over 10 million shares at $15 per share. The stock began trading Friday on the NYSE under the ticker symbol “NEFF.” Morgan Stanley, Jefferies, Piper Jaffray and Merrill Lynch, Pierce, Fenner & Smith are the lead underwriters. Neff filed for bankruptcy in May 2010 and emerged from Chapter 11 a few months later. It was later acquired by Wayzata Investment Partners.

227 Views

Pamplona buys majority stake in Intralign

Pamplona has acquired a majority stake in Intralign, which is backed by Heritage Group and Cardinal Health. Jefferies and Lowenstein Sandler advised Pamplona on the transaction. Based in Scottsdale, Arizona, Intralign is a specialty healthcare services firm.

183 Views

Israeli pharma firm NeuroDerm debuts IPO

Israel-based NeuroDerm, a pharmaceutical firm that develops drugs for CNS diseases, has raised $45 million after pricing its 4.5 million shares at $10 per share. The stock began trading Friday on the NASDAQ under the ticker symbol “NDRM.” Jefferies and Cowen and Company are the lead underwriters. NeuroDerm’s backers include The Elias Group.

261 Views

Advent and Avista to acquire KU for $1.525 bln

Advent International and Avista Capital Partners have agreed to buy Kremers Urban Pharmaceuticals for $1.525 billion. The transaction is expected to be completed by the first quarter of 2015. Credit Suisse Securities, Morgan Stanley, Goldman Sachs and Jefferies are providing the financing for the transaction as well as serving as financial advisors to Advent and Avista. Also, Avista’s Brian Markison has been named president and CEO of KU. He is succeeding George Stevenson, who is leaving KU to pursue other interests. KU is UCB’s generic subsidiary in the U.S.

325 Views

PE-backed Athletico to acquire Accelerated Rehabilitation Centers

Athletico Physical Therapy, which is backed by Harvest Partners, has agreed to buy Accelerated Rehabilitation Centers. No financial terms were disclosed for the transaction, which is expected to be completed in the fourth quarter of this year. Jefferies was financial advisor to Accelerated on the deal. Based in Chicago, Accelerated is a provider of outpatient rehabilitation services.

377 Views

H.I.G. Capital’s Surgery Partners completes Symbion buy

Surgery Partners, a portfolio company of H.I.G. Capital, has closed its acquisition of Symbion Holdings for $792 million. Jefferies served as financial advisor to Surgery Partners and provided committed debt financing for the transaction while Morgan Stanley was financial advisor to Symbion. Symbion, which was backed by Crestview Partners, runs a national network of short stay surgical facilities.

School children wearing their Halloween costumes peek from the window during a "Halloween Costume Party" at a private school in Paranaque city
601 Views

peHUB Second Opinion

In Second Opinion, a Virgin Galactic spacecraft crashes, divorce case spurs Jefferies bankers to take drug tests, it’s supposed to snow in Chicago tonight and an Amazon exec admits they bumbled the pricing for their Fire Phone.

138 Views

PE-backed Boot Barn goes public

Boot Barn, a western lifestyle retailer, has raised $80 million for its IPO after pricing its 5 million shares at $16 per share. The stock began trading Thursday on the NYSE under the ticker symbol “BOOT.” J.P. Morgan Securities, Piper Jaffray, Jefferies, Wells Fargo Securities and Robert W. Baird & Co. are serving as lead underwriters. Boot Barn is backed by Freeman Spogli & Co.

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