IPO

Deals of the day: Biomet sold for $13 billion

April 24, 2014: 10:35 AM ET

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

Venture Capital Deals

Crispr Therapeutics, a Swiss developer of gene-editing technology, has raised $25 million in Series A funding from Versant Ventureswww.crisprtx.com

ShopKeep POS
, a New York-based provider of cloud-based point-of-sale solutions for retailers,, has raised $25 million in Series C funding. Thayer Street Partners led the round, and was joined by return backers Canaan Partners, TTV Capital and Tribeca Venture Partners. www.shopkeep.com

Bitmoon Computing
, a stealth startup from former Salesforce.com CTO Rob Woollen, has raised $8 million in VC funding, according to a regulatory filing. Backers include Sutter Hill Ventures, where Woollen is an entrepreneur-in-residence.

Synack
, a Menlo Park, Calif.-based crowdsourcing platform for identifying cyber-security holes, has raised $7.5 million in Series A funding. Kleiner Perkins Caufield & Byers led the round, and was joined by Google Ventures, Allegis Capital and Derek Smith (CEO of Shape Security). Read more at Fortune

Recon Instruments, a Vancouver-based developer of "heads-up display" technology for sports and activity-specific environments, has raised an undisclosed amount of funding from Motorola Solutions Venture Capital. www.reconinstruments.com

Private Equity Deals

2Checkout, a Columbus, Ohio-based provider of payments-as-a-service, has raised $60 million in new VC funding co-led by Chicago Growth Partners and Trident Capitalwww.2checkout.com

Chobani, a New Berlin, N.Y.-based maker of Greek yogurt, has secured a $750 million investment from TPG Capital. No further details were disclosed, although Reuters reports that the investment is structured as a second-lien loan that ultimately could give TPG up to a 35% equity stake in Chobani.www.chobani.com

Clearlake Capital Group has received bankruptcy court approval to acquire women's clothing retailerAshley Stewart for upwards of $23 million.  www.ashleystewart.com

Golden Gate Capital has agreed to sell restaurant chain On The Border Mexican Grill & Cantinato Argonne Capital Group and an affiliate of Fortress Investment Group. No financial terms were disclosed. On The Border currently operates 121 units in the U.S., and has franchised 36 other locations (including in Saudi Arabia and South Korea). www.ontheborder.com

FinancialForce.com
, a San Francisco-based cloud ERP provider, has raised $50 million in growth equity funding from Advent International. Existing backers include Salesforce.com.www.financialforce.com

Insight Venture Partners has acquired a majority equity stake in WorkForce Software, a Livonia, Mich.–based provider of workforce management solutions. No financial terms were disclosed.www.workforcesoftware.com

PAI Partners has made a binding offer to acquire Euro Media Group, a French provider of audiovisual technical services, for an undisclosed amount. www.euromediagroup.com

IPOs

Lombard Medical, a British maker of endovascular stent-grafts for repairing aortic aneurysms, has revived its previously-postponed IPO. It also has amended the terms to 5 million shares being offered at $11 per share, compared to earlier plans to offer 3.63 million shares at between $15 and $18 per share. The company plans to trade on the Nasdaq under ticker symbol EVAR, with Jefferies and Barclays serving as lead underwriters. Its shares currently trade on London's AIM under ticker LMT, but the AIM listing would cease following this offering. Shareholders include Invesco Asset Management (39% pre-IPO stake), Abingworth (17.8%), Fidelity Investment International (9.5%) and LSP Life Sciences (5.7%).www.lombardmedical.com

M&A

Zimmer Holdings Inc. (NYSE: ZMH) has agreed to acquire Biomet Inc., a Warsaw, Ind.-based maker of medical devices like dental implants and artificial hips joints. The deal is valued at approximately $13.35 billion, including the assumption of net debt. Biomet was taken private for $11.4 billion in 2007 by The Blackstone Group, GS Capital Partners, KKR and TPG Capital. It had been expected to file for an IPO. www.biomet.com

Cable and Wireless Communications (LSE: CWC) is in talks to sell Monaco Telecom to French billionaire Xavier Niel for approximately $450 million, according to the FT. www.cwc.com

DataXu, a Boston-based provider of programmatic marketing software for brands and agencies, has acquired JasperLabs, a San Francisco-based provider of creative optimization software. No financial terms were disclosed. DataXu has raised around $55 million in VC funding from Atlas Venture, Menlo Ventures, Thomvest Ventures and Flybridge Capital Partners. www.dataxu.com

Etsy, a New York-based online marketplace for handmade and vintage goods, has acquired Grand St, an online seller of indie electronics. No financial terms were disclosed. Etsy has raised over $90 million in VC funding from firms like Accel Partners, Union Square Partners, Acton Capital Partners, Hubert Burda Media and Manatt Venture Fund. Grand St. had raised $1.3 million in seed funding from First Round Capital. Read more at Fortune

ICV Partners is seeking a buyer for Marshall Retail Group, a Las Vegas-based operator of specialty retail stores for the resort and casino industry, according to peHUB. A deal could be worth between $250 million and $300 million. ICV originally put Marshall on the block several years ago, but failed to find a buyer.

Intralinks (NYSE: IL) has acquired DocTrackr, a Cambridge, Mass.-based developer of document security solutions, has raised $2 million in seed funding.  The deal is valued at $10 million. DocTrackr had raised $2 million in seed funding from Polaris VentureAtlas Venture and Common Angels.www.doctrackr.com

Sumitomo Bakelite Co. (Tokyo: 4203) has agreed to acquire Vaupell Holdings Inc., a Seattle-based maker of thermoplastic interior solutions to the commercial aerospace industry, from H.I.G. Capital. No financial terms were disclosed. www.vaupell.com

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

  • Deals of the day: Pure Storage raises $250 million

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

    Venture Capital Deals

    Pure Storage, a Mountain View, Calif.-based all-flash enterprise storage array company, has raised $225 million in Series F funding at a pre-money valuation north of $3 billion. Wellington Management was joined by return backers T. Rowe Price, Tiger Global, Greylock Partners, Index Ventures, Redpoint Ventures and Sutter Hill Ventures. The company has now raised $470 MORE

    - Apr 23, 2014 11:27 AM ET
  • Deals of the day: Botox maker gets $50 billion buyout offer

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

    Venture Capital Deals

    Principia Biopharma Inc., a South San Francisco-based developer of small molecule drugs within the fields of autoimmune disease and oncology, has raised $50 million in Series B funding. Sofinnova Ventures led the round, and was joined by return backers Morgenthaler Ventures, New Leaf Venture Partners, OrbiMed, SR One and Mission Bay Capital. The company previously raised $40 MORE

    - Apr 22, 2014 10:10 AM ET
  • Deals of the day: What will Comcast sell?

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

    Venture Capital Deals

    AdRoll, a San Francisco-based provider of digital ad retargeting solutions, has raised $70 million in third-round funding led by existing backer Foundation Capital. New investors included Institutional Venture Partners, Northgate Capital, Performance Equity and Glenmede, while other returning shareholders included Merus Capital, Accel Partners and Peter Thiel. Read more at Fortune.

    Birchbox, a New York-based monthly subscription service for MORE

    - Apr 21, 2014 7:41 PM ET
  • Deals of the day: High-frequency trader delays IPO

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

    Venture Capital Deals

    Beckon, a San Mateo, Calif.-based provider of enterprise SaaS for tracking and analyzing marketing spend, has raised $8 million in Series A funding from August Capital and Canaan Partners.www.beckon.com  Provista Diagnostics Inc., a Scottsdale, Ariz.-based maker of diagnostic and predictive tests for cancers affecting women, has raised $6 million in Series B funding. No investor information was disclosed. www.provistadx.comInstacart, a MORE

    - Apr 18, 2014 9:55 AM ET
  • Deals of the day: Chemtura sells seed treatment biz for $1 billion

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

    Venture Capital Deals

    Campaign Monitor, a Sydney, Australia-based provider of email marketing and design solutions, has raised $250 million in its first round of outside funding. Insight Venture Partners committed the entire amount, but will syndicate a small piece going forward. No word on if the investments provides Insight with a control position. www.campaignmonitor.com

    One Medical Group, a San Francisco-based operator of MORE

    - Apr 17, 2014 10:20 AM ET
  • Deals of the day: Private equity circles Symantec

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

    Venture Capital Deals

    PanOptica, a Bernardsville, N.J.-based developer of ophthalmology therapies for conditions like neovascular age-related macular degeneration, has raised $45 million in Series B funding. Novo Ventures and existing backer Third Rock Ventures co-led the round, and were joined by founding investor SV Life Sciences. www.panopticapharma.com

    Squarespace, a New York-based website publishing and e-commerce platform for businesses, has raised $40 million in Series MORE

    - Apr 16, 2014 10:57 AM ET
  • Deals of the day: Motorola selling enterprise biz

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

    Venture Capital Deals

    SilverRail, a Woburn, Mass.-based developer of passenger rail search and distribution technologies, has raised $40 million in Series C funding. Mithril Capital Management led the round, and was joined by return backers Canaan Partners, Sutter Hill Ventures and Brook Ventures. www.silverrailtech.com Avvo, a Seattle-based online marketplace for legal advice, has raised $37.5 million in Series D funding.Coatue Management led the MORE

    - Apr 15, 2014 1:45 PM ET
  • Deals of the day: TIAA-CREF buying Nuveen

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

    Venture Capital Deals

    Julep Beauty, a Seattle-based beauty brand and ecommerce company, has raised $30 million in Series C funding. Azure Capital, Altimeter Capital and Madrona Venture Group were joined by return backers Andreessen Horowitz and Maveron. The company previously raised $26 million. www.julep.com

    NatureBox, a San Carlos, Calif.-based subscription box service focused on healthy snack food, has raised $18 MORE

    - Apr 14, 2014 11:18 AM ET
  • Deals of the day: Zendesk files for IPO

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

    Venture Capital Deals

    NuCana Biomed, a British developer of oncology therapeutics, has raised $57 million in Series B funding. Sofinnova Ventures led the round, and was joined by existing backers Sofinnova Partners, Morningside Ventures, Alida Capital and the Scottish Investment Bank. www.nucanabiomed.comTendyne Holdings Inc., a Roseville, Minn.-based developer of technologies for transcatheter mitral valve replacement, has raised $25 million in Series MORE

    - Apr 10, 2014 10:58 AM ET
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by WordPress.com VIP.