Private Equity Deals that closed! July 17, 2013

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Rueters, and other sources.  Please check company website for best information.

AXA Private Equity has increased its offer for French catering company Elior by €250 million to €3.7 billion, according to Les Echos. Elior is currently owned by Charterhouse Capital

The Blackstone Group has agreed to acquire a majority stake in Indian auto parts maker Agile Electric Works for approximately $100 million, according to Reuters.

Findly, a social recruiting company sponsored by Symphony Technology Group, has acquired New York-based talent communications company Bernard Hodes Group from Omnicom (NYSE: OMC)

MW Industries
, a Rosemont, Ill.-based portfolio company of Genstar Capital, has acquired Mohawk Spring, a Schiller Park, Ill.-based manufacturer of custom precision springs. No financial terms were disclosed.

Platinum Equity
 has agreed to acquire CBS Outdoor International, an outdoor media business with a particularly large share of the European billboard business, from CBS Corp. (NYSE: CBS). The deal is valued at approximately $225 million.

RTI Biologics Inc. (Nasdaq: RTIX) completed its previously-announced acquisition of Pioneer Surgical Technology, a Marquette, Mich.-based developer of metal and synthetic products in the orthopedics, biologics, spine, trauma and cardiothoracic markets. The deal was valued at $130 million in cash, which was partially financed via a $50 million equity investment from Water Street Healthcare Partners. Pioneer Surgical had raised over $15 million in VC funding from Beringea, Credit Suisse, Highlander Partners, Hopewell Ventures, Pharos Capital and River Cities Capital

3,267 Deals at $28.3 billion in 2012! Keep updated on our Webinars!


More than 50 investors expressed interest in our deals for the Preview of Investor Network Nights, so we look forward to a big event on January 21st!

To learn about our educational Webinars visit us at:


After dominating deal share in Q3 2012, Seed VC funding settled back down to Q2 2012 levels, dropping to 30% in Q4. Funding levels by stage remain largely consistent with prior quarters. For 2012, VCs invested $28.3 billion in 3267 deals, CB Insights reports.  We use five reporting systems like CB Insights to provide a market report on Private Equity, Venture Capital, Private Notes, and other capital needs. Contact JD Morris via e-mail or phone.

Sample deals reported closed by Accredited Investors/VCs/PEGs:

    • 15Five, a San Francisco-based developer of a time-saving solution for employee-employer communications, has raised $1 million in seed funding from Richmond Global. Other backers include 500 Startups, Jason Calicanis, Ben Parr, Ben Ling and Matt Brezina.
    • an Ontario–based provider of on-demand incentives solutions, has raised C$7.65 million in VC funding. OMERS Ventures led the round, and was joined by Klass Capital and Round 13 Capital.
    • Ayasdi, a Palo Alto, Calif.-based developer of an insight discovery platform that combines advanced mathematics, computer science and visualization, has raised $10.25 million in Series A funding co-led by Khosla Ventures and Floodgate
    • Electricite de France SA and state-owned CDC Infrastructure are leading two remaining consortia in the auction for Total SA‘s gas storage unit TIGF, according to the WSJ. TIGF could sell for between €2.5 billion and €3 billion. The EDF group also includes the Government of Singapore Investment Corp., and Italian energy company Snam SpA. The CDC Infrastructure group also includes AXA Private Equity, Predica, the Abu Dhabi Investment Authority and Fluxys Belgium SA.
    • Fusion Coolant Systems, a University of Michigan tech transfer spinout that provides a CO2 dry coolant and lubrication system for use in manufacturing, has raised $600,000 in Series A funding. The Frankel Fund led the round, and was joined by The Amherst Fund, Automation Alley, Detroit Enterprise Fund, First Step Fund and The Michigan Pre-seed Fund.
    • HMV (LSE: HMV), a British music and entertainment retailer, filed for administration late Monday. According to the FT, suitors could include Better Capital and
    • Linsalata Capital Partners has acquired Stag-Parkway Inc., an Atlanta-based distributor of aftermarket RV parts and accessories to RV dealers in the United States, from Ares Capital. No financial terms were disclosed, except that Babson Capital Management provided an equity co-investment and subordinated debt.
    • LoopIt, a Cambridge, Mass.-based developer of a social conversation engine for ecommerce, has raised an undisclosed amount of new VC funding led by Avalon
    • OnApp, a London-based provider of software that powers enterprise cloud, CDN and storage services, has raised around $20 million in Series B funding led by
    • PICS Auditing LLC, an Irvine, Calif.-based provider of contractor prequalification and compliance SaaS solutions, has raised $35 million in equity funding from Norwest Venture
    • The Pritzker Group has acquired Intersystems, an Omaha-based maker of material handling equipment serving the global agriculture industry. No financial terms were
    • Symform, a Seattle-based provider of a cloud storage network, has raised an undisclosed amount of funding from Second Century Ventures, the venture arm of the National Association of Realtors. This was part of a previously-announced $11 million Series B round from WestRiver Capital, OVP Venture Partners and Longworth Venture Partners.
    • Versartis Inc., a Redwood City, Calif.-based developer of therapeutics for patients with endocrine disorders, has raised $25 million in Series C funding. Aisling Capital led the round, and was joined by return backers Index Ventures, New Leaf Venture Partners and Advent Venture
    • UpCity (f.k.a. DIYSEO), a Chicago-based provider of solutions for small businesses looking to increase website traffic, has raised more than $2 million in second-round funding. I2a Fund, Firestarter Fund and RIME Communications Capital were joined by return backers Daylight Partners and Harris Preston & Partners.
    • Zettaseta Mountain View, Calif.-based provider of secure big data management solutions, has raised $10 million in Series B funding. HighBar Ventures led the round, and was joined by DFJ and Epic Ventures.
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