Term Sheet

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

Deals of the day: Jos A. Bank wants Eddie Bauer?

February 3, 2014: 10:15 AM ET

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Venture Capital Deals

Vinted, a Lithuania-based social mobile marketplace for second-hand clothes, has raised $27 million in Series B funding. Insight Venture Partners led the round, and was joined by return backer Accel Partners. Proceeds will be used, in part, to expand in the U.S. www.vinted.com

Mojn, a Copenhagen-based provider of personalized email marketing solutions, has raised $4 million in Series A funding. Northzone Ventures led the round, and was joined by Notion Capital and Zoar Invest. www.mojn.com

Boombotix, a San Francisco-based wearable audio company, has raised $4 million in new VC funding. Backers include Social+, Baseline, Red Hills, Great Oaks and Grishin Robotics. www.boombotix.com

Private Equity Deals

Actis has acquired a 36% stake in AutoXpress, a tire wholesaler and retailer in Kenya and Rwanda. No financial terms were disclosed. www.act.is

Confie Seguros, a personal insurance company focused on Hispanic consumers, has acquired Round Rock, Texas-based insurance services provider 1 Stop Financial Service Centers of America. No financial terms were disclosed. Confie Seguros is a portfolio company of ABRY Partnerswww.confieseguros.com

Goldman Sachs Special Situations Group and Russian bank VTB have agreed to acquire a stake in Russian fitness club chain World Class from Alfa Capital Partners, according to Reuters. The deal would give Goldman and VTB around a 50% combined position (Goldman already held 12.5%, prior to this transaction).

Kinderhook Industries has acquired GlobalHealth Inc., a health maintenance organization (HMO) in Oklahoma. No financial terms were disclosed. The company is the largest private HMO serving Oklahoma's state, education and municipal employees, and also offers several Medicare Advantage plans. www.globalhealth.com

Marlin Equity Partners has acquired three businesses from Compuware Corp. (Nasdaq: CPWR) for $160 million. The deal includes enterprise software units Changepoint and Uniface, plus IT services business CW Professional Services. www.marlinequity.com

Montagu Private Equity has agreed to acquire the medical devices and prescription retail businesses of Rexam (LSE: REX) for approximately $805 million. www.rexam.com

Platinum Equity has completed its previously-announced acquisition of Volvo's machine rental business (Volvo Rents) for approximately $1.1 billion. www.volvo.com

Vector Capital has acquired CollabNet Inc., a Brisbane, Calif.–based provider of cloud-based application lifecycle management solutions for agile software delivery. No financial terms were disclosed. CollabNet had raised over $30 million in VC funding from Benchmark, Norwest Venture Partners, Intel Capital and Industry Ventures. www.collab.net

Thoma Bravo has acquired Segall Bryant & Hamill, a Chicago-based investment management firm. No financial terms were disclosed. www.sbhic.com

Thomas H. Lee Partners has completed its previously-announced acquisition of online contact lens retailer 1-800 Contacts from WellPoint (NYSE: WLP). No financial terms were disclosed. www.1800contacts.com

TPG Growth has acquired a majority stake in New York-based cosmetics brand e.l.f. Cosmetics from company founders and TSG Consumer Partners. No financial terms were disclosed, although earlier press reports suggested that the deal could be worth between $200 million and $300 million. www.eyeslipsface.com


Aptalis Holdings, a Bridgewater, N.J.-based drug maker majority-owned by TPG Capital, has withdrawn registration for a $500 million IPO, following its agreement to be acquired by Forest Laboratories (NYSE: FRX) for approximately $2.9 billion. www.aptalispharma.com

Coupons.com Inc., a Mountain View, Calif.-based provider of digital coupons, has filed for a $100 million IPO. It plans to trade on the NYSE under ticker symbol COUP, with Goldman Sachs, Allen & Co., BofA Merrill Lynch and RBC Capital Markets serving as lead underwriters. The company reports a $59 million net loss on $112 million in revenue for 2013, compared to a $23 million net loss on $91 million in revenue for the year-earlier period. The company has raised over $230 million in VC funding from Passport Ventures (22.56% pre-IPO stake), T. Rowe Price, Abu Dhabi Investment Council and Greylock Partners. www.coupons.com

Talmer Bancorp, a Tory, Mich.-based regional banking network in the Midwestern U.S., has set its IPO terms to 15.55 million shares of Class A common stock being offered at between $12.50 and $14.50 per share. It plans to trade on the Nasdaq under ticker symbol TLMR, with Keefe, Bruyette & Woods and J.P. Morgan serving as lead underwriters. Shareholders include W.L. Ross & Co. (24.1% pre-IPO stake), Universities Superannuation Scheme (9.4%), Manulife Asset Management (9.4%), Howard Hughes Medical Institute (6.7%), Greenlight Capital (5.1%) and Goldman Sachs Asset Management (4.6%). www.talmerbank.com


Smith & Nephew PLC (NYSE: SNN) has agreed to acquire Austin, Texas-based surgical device company ArthroCare Corp. (Nasdaq: ARTC) for approximately $1.7 billion in cash ($1.5b enterprise value). The $48.25 per share deal represents a 6.32% premium over Friday's closing price. www.arthrocare.com

AMC Networks Inc. (Nasdaq: AMCX) has completed its previously-announced €750 million acquisition of Chellomedia, the international content division of Liberty Global (Nasdaq: LBTYA). www.amcnetworks.com

Arcapita has agreed to sell Varel International, a Carrollton, Texas-based maker of drill bits for the oil, mining and industrial markets, to Sweden's Sandvik AB for $740 million. www.varelintl.com

Jos. A Bank (Nasdaq: JOSB) reportedly is in talks to acquire clothing retailer Eddie Bauer from Golden Gate Capital, the private equity firm that previously agreed to help finance Jos. A Bank's takeover approach for The Men's Wearhouse (NYSE: MW).  www.josabank.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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