Term Sheet

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

Deals of the day

January 6, 2014: 11:18 AM ET

To get deals in your inbox each morning, sign up for our Term Sheet newsletter

Venture Capital Deals

Amprius, a Sunnyvale, Calif.-based maker of lithium-ion catteries for consumer electronics, has raised $30 million in Series C funding. SAIF Partners led the round, and was joined by return backers Kleiner Perkins Caufield & Byers, Innovation Endeavors, Stanford University, IPV Capital, Trident Capital and VantagePoint Capital Partners. http://www.amprius.com 

DNAnexus, a Mountain View, Calif.-based DNA data management and analysis platform, has raised $15 million in Series C funding. Claremont Creek Ventures was joined by return backers Google Ventures, TPG Biotech, and First Round Capital. http://www.dnanexus.com

DineInFresh Inc. (a.k.a. Plated), a New York-based meal ingredient and recipe subscription service, has raised $5 million in Series A funding, according to VentureWire. Ff Venture Capital led the round, and was joined by Lerer Ventures , Founder Collective, Great Oaks Venture Capital and individual angels. http://www.plated.com

Vidible, a San Francisco-based video content exchange, has raised $3.35 million in Series A funding. Greycroft Partners led the round, and was joined by IDG Ventures. http://www.vidible.com

Tactus Technology Inc., a Fremont, Calif.–based provider of on-demand tactile surfaces, has raised an undisclosed amount of Series B funding. Ryoyo Electric Corp. was joined by undisclosed "financial investors in Asia" and return backers like Thomvest Ventures. http://www.tactustechnology.com

PRIVATE EQUITY DEALS

Audax Group is in talks to acquire AP Exhaust Technologies LLC, a Goldsboro, N.C.-based maker of aftermarket vehicle exhaust parts, according to an FTC filing. http://www.apexhaust.com

Brynwood Partners has acquired Joseph's Pasta Co., a Haverhill, Mass.-based maker of frozen pasta and sauces, from Nestlé Prepared Foods Co. No financial terms were disclosed. http://www.brynwoodpartners.com

Clearlake Capital Group has formed Tolt Solutions Inc., a provider of outsourced retail IT services and solutions, via the acquisitions and merger of Kyrus Solutions Inc. (Taylors, S.C.) and Tolt Services Group (Charlotte). http://www.toltservicegroup.com

Fleury, a listed Brazilian provider of medical diagnostics services, has received takeover interest from several private equity firms, according to Bloomberg. The deal could be worth north of $1.2 billion, with suitors including Apax Partners, The Carlyle Group, KKR and Gavea Investimentos. http://www.fleury.com.br

Oak Hill Advisors and OHorizons Global have acquired DGH-Group, a German provider of aluminum and magnesium high pressure die casting components primarily for the automotive industry. No financial terms were disclosed. http://www.oakhilladvisors.com

Permira has agreed to "acquire more than $200 million of the outstanding equity" of LegalZoom, a Glendale, Ariz.-based provider of legal documents and services that had been in registration for an IPO. The company is now expected to withdraw its IPO registration. Existing LegalZoom shareholders – including Polaris Venture Partners, Institutional Venture Partners, and Kleiner Perkins Caufield & Byers – will retain minority ownership positions. http://www.legalzoom.com

YP, an Atlanta-based local search and ad company owned by Cerberus Capital Management, has acquired Sense Networks, a New York–based provider of predictive ad analytics that leverage mobile location data. No financial terms were disclosed. Sense Networks investors included Intel Capital and Javelin Venture Partners. http://www.sensenetworks.com

IPOs

Fortress Transportation and Infrastructure Investors, a New York-based owner and acquirer of transportation and transportation-related infrastructure assets, has filed for a $100 million IPO. It plans to trade on the NYSE, with Barclays and Deutsche Bank Securities serving as lead underwriters. The company is owned by Fortress Investment Group. http://www.fortress.com

OTHER DEALS

Accel-KKR has agreed to sell KANA Software Inc., a Sunnyvale, Calif.–based provider of on-premises and cloud-based customer service solutions, to Verint Systems Inc. (Nasdaq: VRNT). The deal is valued at approximately $514 million in cash, and is expected to close by the end of April. Accel-KKR had paid $41 million to acquire KANA back in 2009. http://www.kana.com

Cvent (NYSE: CVT), a McLean, Va.-based SaaS provider of online event management and venue selection solutions, has filed for a secondary public offering of 4.8 million shares. At last Friday's closing price of $37.54 per share, the offering would raise just over $180 million. Sellers would include Insight Venture Partners (1.19m of 8.7m shares) and New Enterprise Associates (1m of 7.3m shares). http://www.cvent.com

ACP Re. Ltd. has agreed to acquire insurance and reinsurance provider Tower Group International (Nasdaq: TWGP) for approximately $172.1 million in cash, or $3 per share. http://www.twrgrpintl.com

Andina Acquisition Corp. (Nasdaq: ANDA) has completed a reverse merger with Tecnoglass Inc., a Colombian maker of hi-spec, architectural glass and windows for the global residential and commercial construction industries. Andina's name has now been changed to Tecnoglass, and its shares will trade under the ticker symbol TGLS. Morgan Joseph TriArtisan managed the merger process. http://www.tecnoglass.com

Apple (Nasdaq: AAPL) has acquired SnappyLabs, maker of an app that adds functionality to smartphone cameras, as first reported by TechCrunch. No financial terms were disclosed. http://www.snappylabs.com

The Men's Wearhouse (NYSE: MW) has launched a $1.6 billion hostile takeover bid for Jos A. Bank (Nasdaq: JOSB), whose board had rejected an earlier acquisition approach. The new bid represents a 4.5% increase, or $57.50 per share. http://www.menswearhouse.com

Szechenyi Bank has offered to buy the Hungarian unit of Austria-based Raiffeisen Bank International, according to a local press report. No financial terms were disclosed. The Hungarian government owns a minority stake in Szechenyi Bank. http://www.szechenyibank.hu

Thermo Fisher Scientific Inc. (NYSE: TMO) has agreed to sell its cell culture, gene modulation and magnetic beads businesses to GE Healthcare, a unit of General Electric Co. (NYSE: GE). The deal is valued at approximately $1.06 billion. http://www.thermofisher.com

T-Mobile US Inc. (NYSE: TMUS) has agreed to buy spectrum licenses from Verizon Wireless for approximately $2.4 billion in cash. The licenses are said to cover around 150 million people, including in the New York and Los Angeles markets. http://www.t-mobile.com

XPO Logistics Inc. (NYSE: XPO) has agreed to acquire Pacer International Inc. (Nasdaq: PACR), a Dublin, Ohio–based provider of intermodal transportation services in North America. The deal is valued at around $335 million (enterprise value of $296m), including $6 per Pacer share in cash and $3 per share in XPO stock. http://www.pacer.com

Sign up for Dan Primack's daily email newsletter on deals and deal-makers: GetTermSheet.com

Join the Conversation
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.

Email a Tip | @danprimack | RSS
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by WordPress.com VIP.