Luisa Beltran

Mandel-Brehm to join Polaris Partners

Polaris Partners said May 10 that Josh Mandel-Brehm is joining the firm as an entrepreneur-in-residence. Mandel-Brehm previously held various positions at Biogen in both business development and strategy.

Pret A Manger considers IPO: Bloomberg

Pret A Manger, the sandwich chain, is considering going public, according to Bloomberg. Pret, which is backed by Bridgeport Advisers, is working with several banks, including Credit Suisse, Barclays, JPMorgan & Chase, Piper Jaffray and Jefferies.

Delta-v Capital fund III raises $232 mln

Delta-v Capital said May 11 that its third fund closed with $232 million in commitments. Delta-v Capital 2015 Access Fund LP surpassed its $150 million target. The fund will invest in the technology sector. Sixpoint Partners was the placement agent.

Bison Capital invests in Miva

Bison Capital Partners has made a minority investment in Miva Inc. Financial terms weren’t announced. Miva, of San Diego, provides ecommerce shopping cart software.

Hermitage Equity buys Bentec Medical

Hermitage Equity Partners has acquired Bentec Medical Inc through an asset purchase agreement. Greyrock Capital Group also invested. Financial terms weren’t. Bentec, of Woodland, California, develops and makes medical devices and OEM components.

Tikehau Capital invests $103 mln in Claranet

Tikehau Capital said May 11 that it agreed to invest 80 million pounds ($103 million) in Claranet for a minority stake. Claranet, of London, is a managed services provider.

Dickinson named CEO of Enservco

Enservco Corp said May 10 that Ian Dickinson was named president, CEO and a member of the Board of Directors. Dickinson succeeds Rick Kasch, who is retiring from his positions as president, CEO and board member. Dickinson is a former partner with Caddis Capital Investments.

Intrinsic Therapeutics raises $28 mln

Intrinsic Therapeutics Inc said May 10 it raised a $28 million equity round co-led by New Enterprise and Delos Capital, along with a $21 million debt facility with CRG. Other investors include Greenspring Associates, Quadrille Capital and a corporate strategic. Intrinsic, of Boston, is a medical device company.

Harvest Partners, Audax launch APC Automotive Tech

Harvest Partners LP and Audax Private Equity have completed the merger of AP Emissions Technologies with Centric Parts to form APC Automotive Technologies. Harvest has closed a new equity investment into APC while Audax retains a stake. Financial terms weren’t announced. The transaction was announced in March. APC supplies automotive, light truck and heavy duty replacement parts.

PE HUB First Read

To start your morning, Google is buying Owlchemy Labs, Snap reports quarterly losses of $2.2 billion plus Diddy and Jay Z are the wealthiest men in hip-hop.