Term Sheet

The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley

Mergers & acquisitions

February 7, 2013: 10:24 AM ET

Golden Gate Capital has agreed to sell restaurant chain Romano's Macaroni Grill to Ignite Restaurant Group (Nasdaq: IRG) for approximately $55 million. www.goldengatecap.com

BlueKite, a Miami-based online platform for making cross-border bill payments, has acquired RedCycle Networks, a developer of bill-payment technology solutions in Latin America. No financial terms were disclosed. BlueKite has raised VC funding from PeopleFund. www.bluekite.com

Cantor Fitzgerald is in talks to acquire British broker Seymour Pierce, according to the FT.www.seymourpierce.com

EcoATM, a San Diego-based provider of kiosks for recycling mobile devices, has raised $40 million in mezzanine debt financing from Falcon Investment Advisors. It previously raised more than $31 million in private equity funding from PI Holdings, Moore Venture Partners, AKS Capital, Koh Boon Hwee, Coinstar, Claremont Creek Ventures and TAO Ventures. www.ecoatm.com

Landry's Inc., a restaurant chain owned by Fertitta Group, has offered to buy Ark Restaurants Corp.(Nasdaq: ARKR) for $71.3 million, or $22 per share (22% premium to yesterday's closing price).www.landrysinc.com

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About This Author
Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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