Term Sheet

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

Deals of the day: Cinven buying Medpace

February 24, 2014: 10:43 AM ET

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Venture Capital Deals

GC Aesthetics, a Dublin, Ireland-based maker of aesthetic and plastic surgery products, has raised $60 million in new VC funding. OrbiMed Advisors led the round with a $40 million investment, and was joined by return backers Montreux Equity Partners and Oyster Capital.  www.gcaesthetics.com

eCommera, a UK-based provider of ecommerce SaaS and big data solutions for retailers, has raised $41 million in Series C funding. Dawn Capital led the round, and was joined by Wti, West Coast Capital, Frog Capital, ePlanet Capital and WPP. www.ecommera.com

Voalté Inc., a Sarasota, Fla.-based healthcare communication technology company, has raised $36 million in Series C funding led by Bedford Fundingwww.voalte.com

Newlans, an Acton, Mass.-based developer of an analog wideband signal processing architecture for RF semiconductor applications, has raised $15 million in Series B funding. Intel Capital led the round, and was joined by return backers Paladin Capital and Lockheed Martin Corp. www.newlans.com

VivaReal, a Brazil-based online real estate marketplace in Latin America, has raised $12.75 million in new VC funding, according to a regulatory filing. No investor information was disclosed. The company previously raised over $18 million from Valiant Capital Partners, Kaszek Ventures and Monashees Capital. www.vivareal.com

UniDesk Corp., a Marlborough, Mass.-based provider of desktop management software for virtual desktops, has raised $10.25 million in new VC funding, according to a regulatory filing. Ignition Partners led the round. The company previously raised over $30 million from Matrix Partners and North Bridge Venture Partners. www.unidesk.com

SpareFoot, an Austin, Texas-based operator of an online marketplace for self-storage, has raised $10 million in VC funding from return backer Insight Venture Partnerswww.sparefoot.com

TraceLink Inc., a Wakefield, Mass.-based provider of pharmaceutical serialization solutions, has raised $5.5 million in growth equity funding led by FirstMark Capitalwww.tracelink.com

BigTinCan, a Boston-based provider of mobile content enablement solutions, has raised $5 million in Series A funding led by Southern Cross Venture Partnerswww.bigtincan.com

Granular Inc. (f.k.a. Solum Inc.), a San Francisco-based provider of a cloud software and analytics platform for farmers, has raised $4.2 million in new VC funding from Andreessen Horowitz, Google Ventures and Khosla Ventures. The company also agreed to sell its soil science business to Monsanto Co. (the business will be run by new subsidiary Climate Corp.). www.granular.ag

CourseHorse, a New York-based online platform that lets users find and enroll for classes, has raised $3 million in new VC funding, according to a regulatory filing. No investor information was disclosed. The company previously was seeded by New York Angels, NYC Seed and Golden Seeds.www.coursehorse.com

Carwow, a British online platform for buying new cars, has raised £1.3 million in new VC funding.Balderton Capital led the round, and was joined by Episode 1 Ventures and Samos Investments.www.carwow.co.uk

Boost Communications, a Norwegian provider of mobile advertising and marketing software, has raised £1million in new VC funding from Investinor and Norsk Innvasjonskapital. The company previously raised £3.7million. www.boost.no

Private Equity Deals

Accel-KKR has acquired a majority stake in Transzap Inc., a Denver-based provider of information management solutions for the oil and gas industry (Olidex). No financial terms were disclosed.www.transzap.com

BlueSpire Strategic Marketing, a Minneapolis–based portfolio company of High Road Capital Partners, has acquired Martino & Binzer, a provider of marketing, sales consulting and technology services to the senior living and continuing care retirement community service sector. No financial terms were disclosed. www.martinobinzer.com

Cinven has agreed to acquire Medpace Inc., a Cincinnati-based clinical research organization for the pharma and biotech markets, from CCMP Capital. The deal is valued at around $915 million.www.medpace.com

Citigroup has met with several private equity firms, including Fortress Investment Group, about selling its OneMain Financial consumer finance unit, according to Reuters. Citigroup has not yet decided if it wants to sell the business. www.citigroup.com

Pamlico Capital has acquired a "significant" stake in Daxko Inc., a Birmingham, Ala.-based provider of mission-critical software applications for member-based nonprofits. No financial terms were disclosed. Sellers include Frontier Capitalwww.daxco.com

Partners Group is bidding for Glasgow airport, according to the FT. Partners is leading a consortium that also includes Strathclyde Pension Fund and Zurich airport, and will battle against a rival offer from Ferrovial. The deal could be valued in excess of £800 million. www.partnersgroup.com

IPOs

2U Inc., a Landover, Md.-based platform that helps colleges and universities bring their programs online, has filed for a $100 million IPO. It plans to trade on the NASDAQ under ticker symbol TWOU, with Goldman Sachs and Credit Suisse serving as lead underwriters. The company reports a $28 million net loss on around $83 million in revenue for 2013, compared to a $23 million net loss on $56 million in revenue for 2012. Shareholders include Redpoint Ventures (23.2% pre-IPO stake), Highland Capital Partners (11.4%), Novak Biddle Venture Partners (11%) and Bessemer Venture Partners (8.3%). www.2u.com

Lumenis and Varonis Systems are the only two company scheduled to price U.S. IPOs this week.

OTHER M&A

Chesapeake Energy Corp. (NYSE: CHK) said today that it is considering strategic alternatives for its oilfield services unit, including a possible sale of spin out. The business generated around $2.2 billion in 2013 revenue. www.chk.com 

Clayton Dubilier & Rice is in talks about a possible sale of IPO for British Car Auction, which it acquired four years ago for around £400 million (including debt), according to Reuters. http://www.british-car-auctions.co.uk

Deutsche Bank said in a regulatory filing that it will complete its sale of wealth management firm BHF-Bank AG to RHJ International by the end of March. www.db.com

Discovery Communications Inc. (Nasdaq: DISC) is preparing to make a bid for British broadcasterChannel 5, according to the WSJ. The channel is expected to sell for approximately £700 million, which is 10x 2013 EBITDA. www.discovery.com

G Asset Management has offered to acquire a 51% stake in Barnes & Noble (NYSE: BKS) for $22 per share. Barnes & Noble shares climbed nearly on the news, closing Friday trading at $17.69 per share. G Asset Management also said that it would consider buying a 51% stake only in the Nook e-reader business, at a value of $5 per share. www.barnesandnobleinc.com

Procter & Gamble Co. (NYSE: PG) has hired Piper Jaffray & Co. to find a buyer for MDVIP, a Boca Raton, Fla.-based provider of personalized healthcare services for the wealthy, according to Dow Jones. www.mdvip.com

Volkswagen AG has offered to acquire the stake it does not already own in listed Swedish truck manufacturer Scania for approximately $9.2 billion in cash. www.scania.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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