Term Sheet

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

Deals of the day

December 2, 2013: 11:10 AM ET

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VENTURE CAPITAL DEALS

Xagenic Inc., a Toronto-based developer of a lab-free molecular diagnostic platform, has raised C$20 million in Series B funding. Domain Associates led the round, and was joined by return backers CTI Life Sciences Fund and the Ontario Emerging Technologies Fund. www.xagenic.com

MetaPack, a UK-based provider of delivery management solutions for retailers, has raised £20 million in growth equity funding from Index Ventureswww.metapack.com

Green Biologics Ltd., a British developer of bio-based C4 chemicals, has raised £15.4 million in Series B funding. Sofinnova Partners led the round, and was joined by Swire Pacific Ltd., Morningside Ventures, ConvergInce Holdings and return backers Capricorn Venture Partners and Oxford Capital Partners.

Stem Inc., a Millbrae, Calif.-based energy storage startup, has raised $15.4 million in Series B funding, according to VentureWire. GE Ventures and Ibedrola were joined by return backer Angeleno Group.www.stem.com

Girnar Software, an Indian operator of an online car marketplace and other ecommerce offerings, has raised $15 million in VC funding from Sequoia Capital Indiawww.cardekho.com

Visterra Inc., a Cambridge, Mass.-based developer of drugs for infectious diseases like seasonal and pandemic influenza, has raised $8.1 million in its third (and final) tranche of Series A funding – bringing the round total to $34.2 million. Backers include Polaris Venture Partners, Flagship Ventures, Lux Capital, the Bill & Melinda Gates Foundation and Omega Funds. www.visterrainc.com

Wedo, a UK-based online furniture retailer, has raised £3 million in new VC funding led by MMC Ventureswww.wedo.co.uk

Money Dashboard, a UK-based maker of an account aggregation service that automatically tracks monthly spend on things like food and leisure, has raised £2.7 million in new VC funding led byCalculus Capitalwww.moneydashboard.com

PRIVATE EQUITY DEALS

Alinda Capital Partners has agreed to acquire Emitel, a Polish provider of television and radio broadcast infrastructure, from Montagu Private Equity. No financial terms were disclosed.www.emitel.pl

Apax Partners
 has completed its previously-announced acquisition of medical cost containment company One Call Care Management Inc. from Odyssey Investment Partners. No financial terms were disclosed, although earlier press reports suggested a sale price of between $2.2 billion and $2.3 billion. www.onecallmedical.com

BC Partners
 has agreed to acquire Mergermarket, a provider of financial news and business intelligence, from Pearson PLC (LSE: PSON) for £382 million. www.mergermarket.com

La Caisse de dépôt et placement du Québec
 has acquired a 26.7% stake in the Port of Brisbane(Australia) from Global Infrastructure Partners. No financial terms were disclosed.www.lacaisse.com

Permira
 has agreed to acquire Atrium Innovations Inc. (TSX: ATB), a Canadian maker of health and nutrition products like multivitamins. The deal is valued at around C$751 million, or C$24 per share in cash. Following the acquisition, Permira will hold a 75% equity stake, while existing Atrium shareholders Fonds de solidarité FTQ and Caisse de dépôt et placement du Québec each will hold 12.5% stakes (before management equity programs). www.atrium-innovations.com

Revolution Capital Group has acquired Maysteel, an Allentown, Wis.-based manufacturer of precision sheet metal enclosures. No financial terms were disclosed. www.maysteel.com

Silverfleet Capital has agreed to acquire European call center group Competence Call Center Holding GmbH from Ardian (f.k.a. AXA Private Equity). No financial terms were disclosed, except that CCC generates more than €100 million in annual revenue. www.silverfleetcapital.com

IPOs

Aramark, a Philadelphia-based concessions company, has set its IPO terms to 36.25 million shares being offered at between $20 and $23 per share. It would have an initial market cap of approximately $4.94 billion, were it to price in the middle of its range. The company reports $107 million in net income on $13.5 billion in revenue for its fiscal 2012, compared to $85 million in net income on $13.1 billion in revenue for its fiscal 2011. Aramark was acquired for $6.3 billion in 2006 by Warburg Pincus (21.5% pre-IPO stake), Thomas H. Lee Partners (21.05%), GS Capital Partners (21.05%) and CCMP/JPMorgan Partners (21.04%). www.aramark.com

Autohome Inc., a Chinese online car dealer, has set its IPO terms to 7.82 million shares being offered at between $12 and $14 per share. It plans to trade on the NYSE under ticker symbol ATHM, with Deutsche Bank Securities and Goldman Sachs (Asia) serving as lead underwriters. The company reports around $54 million in net income on $136 million in revenue for the first nine months of 2013. Autohome is majority-owned by Australia's Telstra Holdings, while Orchid Asia Funds holds a 12.6% pre-IPO stake. www.autohome.com.cn

Inogen Inc.
, a Goleta, Calif.-based maker of oxygen therapy equipment and services, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol INGN, with J.P. Morgan serving as lead underwriter. The company reports around $3.5 million in net income on $55.6 million in revenue for the first nine months of 2013. Shareholders include Novo AS (42.15% pre-IPO stake), Versant Ventures (26.08%), Arboretum Ventures (15.07%), Avalon Ventures (6.5%) and Accuitive Medical Ventures (5.95%). www.inogen.net

Hilton Worldwide Holdings has set its IPO terms to 112.82 million shares being offered at between $18 and $21 per share. It would have an initial market cap of approximately $19.2 billion, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol HLT, with Deutsche Bank is serving as left-lead underwriter. The Blackstone Group took Hilton private back in 2007 for $26 billion. www.hiltonworldwide.com

Kindred Biosciences Inc.
, a Burlingame, Calif.-based developer of veterinary medicines, has set its IPO terms to 5.75 million shares being offered at between $6 and $8 per share. It would have an initial market cap of approximately $93 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol KIN, with BMO Capital Markets and Guggenheim Securities serving as lead underwriters. Shareholders in the pre-revenue company include Adage Capital Partners and EcoR1 Capital Fund. www.kindredbio.com

Nimble Storage, a San Jose, Calif.-based provider of flash storage solutions, has set its IPO terms to 8 million shares being offered at between $16 and $18 per share. It would have an initial market cap of approximately $1.19 billion, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol NMBL, with Goldman Sachs and Morgan Stanley serving as lead underwriters. It reports a $20 million net loss on $50 million in revenue for the first half of 2013, compared to a $10.5 million net loss on $19 million in revenue for the year-earlier period. Nimble has raised nearly $100 million in VC funding, from Accel Partners (20.9% pre-IPO stake), Sequoia Capital (20.9%), Lightspeed Venture Partners (15.8%) and Artis Capital. www.nimblestorage.com

M&A

Australian regulators have blocked Archer Daniels Midland's (NYSE: ADM) $2.7 billion takeover bid of GrainCorp. (ASX: GNC). www.admworld.com

Bureau Veritas
 (Paris: BVI) has acquired Carab Tekniva Group, a South Africa–based provider of engineering solutions for the steam generation, power and petrochemical industries. No financial terms were disclosed. Industrial Capital Strategies managed the process. www.bureauveritas.com

Transphorm Inc., a Goleta, Calif.-based developer of developer of power conversion technology, has agreed to acquire and integrate rival operations of Japan's Fujitsu Ltd., in exchange for an undisclosed amount of stock. Transphorm has raised around $100 million in VC funding from Kleiner Perkins Caufield & Byers, Foundation Capital, Google Ventures, Quantum Strategic Partners, Lux Capital,  Innovation Network Corporation of Japan, Nihon Inter Electronics Co. and Bright Capital.www.transphormusa.com

Wipro Ltd., a listed Indian IT services provider, has agreed to acquire Opus Capital Markets Consultants LLC, a Lincolnshire, Ill.–based provider of mortgage services, for $75 million.www.opuscmc.com

Akamai Technologies (Nasdaq: AKAM) has agreed to acquire Prolexic Technologies Inc., a Hollywood, Fla.-based provider of cloud-based security solutions for protecting data centers and enterprise IP applications from DDoS attacks. The deal is valued at approximately $370 million, plus the assumption of outstanding unvested options to purchase Prolexic stock. It is expected to close in the first half of 2014. Prolexic had raised over $50 million in VC funding from Kennet Partners, Camden Partners, Medina Capital, Trident Capital and Intel Capital. www.prolexic.com

Metalmark Capital has agreed to sell Airborne Systems Inc. to TransDigm Group Inc. (NYSE: TDG) for approximately $250 million in cash. Airborne is a Pennsauken, N.J.–based provider of personnel parachutes, cargo aerial delivery systems, emergency escape systems, naval decoys and other related products. www.airborne-sys.com

Providence Equity Partners and SigmaBleyzer are prepping a $600 million auction of Ukrainian cable company Volia Ltd. for Q1 2014, according to LBO Wire. www.provequity.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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