Term Sheet

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Deals of the Day: Chuck E. Cheese & more

January 16, 2014: 2:40 PM ET

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Venture Capital Deals

AqueSys Inc., an Aliso Viejo, Calif.-based developer of gel stent technology for treating glaucoma, has raised $43.6 million in Series B funding. An undisclosed new investor led the round, and was joined by return backers Accuitive Medical Ventures, The Carlyle Group, Longitude Capital, Rho Ventures, and SV Life Sciences. www.aquesys.com

Twice, a San Francisco-based online consignment shop for women's clothing, has raised $18.5 million in Series B funding. Andreessen Horowitz led the round, and was joined by return backers IA Ventures, Felicis Ventures, Lerer Ventures and WTI. www.liketwice.com

WePay, a Palo Alto, Calif.-based provider of online payment solutions for merchants, has raised $15 million in Series C funding. Continental Investors led the round, and was joined by WIN Investment Network, Max Levchin, Raymond Tonsing and return backers Highland Capital Partners, August Capital and Ignition Partners. www.wepay.com

ClearSky Data, a Waltham, Mass.-based stealth startup focused on the enterprise infrastructure space, has raised $12 million in new VC funding from General Catalyst Partners and Highland Capital Partners. The company was founded by Ellen Rubin (ex-CloudSwitch) and Lazarus Vekiarides (ex-EqualLogic).

Confer, a Waltham, Mass.-based cyberthreat prevention network, has raised $8 million in Series A funding from Matrix Partners and North Bridge Venture Partnerswww.confer.net

Alcyone Lifescience Inc., a Concord, Mass.-based developer of devices for the treatment of neuropathological conditions, has raised $4 million in Series B funding. Edgar Jannotta Jr. led the round, and was joined by fellow return backer Harbor Light Capital Partners.  www.alcyonels.com

Adapteva Inc., a Lexington, Mass.-based parallel processing company, has raised $3.6 million in Series B funding from Carmel Ventures and Ericssonwww.adapteva.com

Pingboard, an Austin, Texas-based developer of office management automation software, has raised $1.25 million in seed funding led by Silverton Partnerswww.pingboard.com

Cloutex, an Estonian startup focused on connecting and syncing various web apps, has raised $600,000 in seed funding from United PartnersSmartCap and EstBan business angels.

Private Equity Deals

AEA Investors has completed its previously-announced €640 million acquisition of Siemens AG's water technologies group, which will be renamed Evoqua Water Technologies LLC.www.evoqua.com

Apollo Global Management has agreed to acquire CEC Entertainment Inc. (NYSE: CEC), operator of 577 Chuck E. Cheese's stores, for approximately $1.3 billion (including the assumption of debt). The $54 per share offer represents a 25% premium over CEC's closing price last Tuesday, after which there was media speculation about a deal. www.chuckecheese.com

The Carlyle Group has agreed to acquire Johnson & Johnson's (NYSE: JNJ) Ortho-Clinical Diagnostics business for $4.15 billion (compared to the $5b J&J was originally seeking). The deal is expected to close in the middle of 2014. The business provides solutions for screening, diagnosing, monitoring and confirming diseases. Carlyle beat out a joint bid from The Blackstone Group and Danaher Corp. (NYSE: DHR).www.carlyle.com

CCBR-Synarc of San Francisco and BioClinica of Newtown, Penn. have agreed to merge into a single provider of specialized outsourced clinical services. No financial terms were disclosed. CCBR-Synarc is a portfolio company of Water Street Healthcare Partners, while BioClinica is backed by JLL Partners and Ampersand Capital Partners. All three firms will have ownership positions in the combined company. www.synarc.com

SOLO Phone Nigeria Ltd., a digital content company and mobile phone manufacturer, has raised an undisclosed amount of private equity funding from Adlevo Capital and Kuramo Capital.www.gosolo.ng


Cypress Energy Partners, a provider of saltwater disposal and other water and environmental services to U.S. onshore oil and natural gas producers and trucking companies, raised $75 million in its IPO. The company priced 3.8 million shares at $20 per share ($19-$21 range), and will trade on the NYSE under ticker symbol CELP. Raymond James, Baird, Stifel and BMO Capital served as lead underwriters. www.cypressenergy.com


Bega Cheese Ltd. (ASX: BGA) has agreed to sell its 18.8% stake in Australian dairy companyWarrnambool Cheese and Butter Factory Co. Holdings Ltd. (ASX: WCB) to Canada's Saputo Inc. (TSX: SAP) www.wcbf.com.au

CipherCloud, a San Jose, Calif.-based provider of cloud information protection, has acquired CloudUp Networks, a provider of SaaS application security. No financial terms were disclosed. CipherCloud shareholders include Andreessen Horowitz, Index Ventures and T-Venture www.ciphercloud.com

FullContact, a Denver-based API that automatically updates personal contact information, has acquired Cobook, a Latvia-based maker of a universal address app. No financial terms were disclosed. FullContact backers include Foundry Group, 500 Startups, High Country Ventures, SK Ventures, Zelkova Ventures and BulletTime Ventures. Cobook was seeded by HackFwd. www.fullcontact.com

LightInTheBox Holding Co. (NYSE: LITB), a Chinese commerce company, has acquired Ador Inc., a Seattle-based social ecommerce company, for an undisclosed amount of cash. The deal was described as an "asset transaction." Ador had raised over $50 million in VC funding from Kleiner Perkins Caufield & Byers, DAG Ventures, Liberty Media and Live National Entertainment.www.ador.com

HandyBook, a Cambridge, Mass.-based platform for instantly booking professional home services, has acquired Exec, a rival on-demand home improvement and cleaning company. No financial terms were disclosed. HandyBook has raised around $12 million VC funding from firms like BoxGroup, Highland Capital Partners and General Catalyst Partners. Exec raised over $3 million in seed funding from CrunchFund, SV Angel, Y Combinator and individual angels. www.handybook.com

The French government plans to sell around a 1% stake, or 8 million shares, of Airbus Group(Paris: AIR). The sale is expected to raise more than $600 million. www.airbus.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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