Private Equity
Four new underwriters are supporting the initial public offering of BrightSource Energy, a solar company, according to a new version of the company's prospectus filed with regulators. Barclays Capital, Lazard Capital Markets, Robert W. Baird & Co. and Raymond James & Associates have joined the underwriting consortium, which is led by Goldman Sachs & Co., Citigroup Global Markets and Deutsche Bank Securities, the filing shows.
2 min read · 19 October 2011
Permira has made a binding offer to acquire Genesys, an expert in contact center technology software, from Alcatel-Lucent in a transaction valued at $1.5 billion. Technology Crossover Ventures and certain co-investors of the Permira funds will also participate in the transaction.
3 min read · 19 October 2011
The Blackstone Group and ACM Projektentwicklung have agreed a strategic partnership whereby investment funds advised by Blackstone will acquire, indirectly through a holding company, a 44% minority stake in Leica Camera to support Leica’s international growth plans.
3 min read · 19 October 2011
Macquarie Group and Indian lender State Bank of India are drawing up plans to raise $1 billion to $1.5 billion for their second fund to invest in infrastructure assets and companies in India, Reuters wrote.
2 min read · 19 October 2011
Barclays PLC's investment banking has said it is making a private placement of 30.62 million shares, or 6.84 percent of Spain-based travel and tourism firm Amadeus IT Holding with a group of qualified investors, reports Reuters.
1 min read · 19 October 2011
Research report hints at the end of the boom in the nascent bio-based chemicals industry, which has received $3.1 billion in venture funding over the past seven years.
3 min read · 18 October 2011
Pan-Asia buyouts fund Affinity Equity Partners has acquired a majority stake in Australian meat products firm Primo Smallgoods in a deal that values the company at A$740 million ($758 million), Reuters reports. Affinity will take 70 percent of the firm, with the Lederer family that founded Primo retaining 30 percent, said Reuters.
1 min read · 18 October 2011
Sprott Resource Corp said on Tuesday it was exploring a sale of Waseca Energy Inc, a 81 percent owned oil subsidiary that has tripled the value of its oil and gas properties since the end of 2010, Reuters reports.
2 min read · 18 October 2011
Third Rock Ventures has launched SAGE Therapeutics with a $35 million Series A financing. SAGE's efforts focus on advancing a pipeline of new, critically needed treatments for some of the most disabling central nervous system (CNS) disorders such as schizophrenia, depression, pain and traumatic brain injury (TBI).
5 min read · 18 October 2011
Cloud-based analytics company Tidemark, formerly known as Proferi, has announced a new funding round, Reuters reports. Its backers include venture-capital firms Greylock Partners and Andreessen Horowitz; and Dave Duffield, co-founder of Workday and founder of PeopleSoft, both business-enterprise companies.
2 min read · 18 October 2011
