Private Equity
Century Payments Inc., a Dallas-based acquisition platform focused on the payment processing market, has acquired Birmingham, Ala.-based National Merchant Services Inc. Century Payments was formed by Austin Ventures, which committed up to $50 million. NMS is its fourth acquisition.
3 min read · 15 April 2009
Marshal8e6, a provider of Web and email security products, has acquired Avinti, a provider of behavior-based malware detection technology. No financial terms were disclosed. Marshal8e6 was formed late last year via the merger of UK-based Marshal and Orange, Calif.-based 8e6 Technologies. Backers include Updata Partners, Kelso Place Asset Management, Darwin Group, CX Ventures and Vora Venture. Avinti had raised around $8 million from firms like vSpring Capital, Sequel Venture Partners and Symantec Corp.
4 min read · 15 April 2009
Majestic Research Corp., a New York-based provider of independent equity research, has acquired Rood Research, a New York-based provider of healthcare market research. Majestic raised an undisclosed amount of Series A funding in 2005 from BV-Cornerstone Ventures.
2 min read · 15 April 2009
FleetCor, a Norcross, Ga.-based provider of branded fuel cards, has raised $100 million in Series E funding. The round was raised in conjunction with FleetCor's recent acquisition of CLC Group Inc., a Wichita, Kansas-based provider of lodging management programs to businesses. Summit Partners led the round, and was joined by fellow return backers Advantage Capital and Advent International. New participants included Nautic Partners (prior owner of CLC), HarbourVest Partners and Performance Equity Management.
2 min read · 08 April 2009
Boundless Network Inc., an Austin, Texas-based promotional merchandising company, has acquired Venture Marketing, a Richmond, Va.-based distributor. No financial terms were disclosed. Boundless has raised VC funding from firms like Austin Ventures and Silverton Partners.
2 min read · 07 April 2009
Imprivata Inc., a Lexington, Mass.-based developer of identity management software, has acquired the assets of IdentiPHI, including its SAFsolution product line and biometric patents. Imprivata has raised over $45 million in VC funding from firms like General Catalyst Partners, Highland Capital Partners, Polaris Venture Partners and SAP Ventures.
2 min read · 01 April 2009
Social Solutions, a Baltimore-based provider of nonprofit performance management software, has acquired Esteam, a provider of financial performance management software and services. No financial terms were disclosed. Social Solutions has raised over $9 million in VC funding from firms like Frontier Capital, WWC Capital Group and IDEA Fund Partners.
3 min read · 27 March 2009
TouchTunes Corp., a provider of out-of-home interactive entertainment networks in North America, has agreed to go public via a reverse merger with Victory Acquisition Corp. (AMEX: VRY), a special purpose acquisition company. The deal is valued at approximately $330 million, plus the assumption of $40 million in TouchTunes debt. TouchTunes is controlled by VantagePoint Venture Partners.
4 min read · 25 March 2009
Paratek Microwave Inc., a Columbia, Md.-based provider of adaptive RF front-end component solutions for mobile wireless applications, has acquired the barium strontium titanate (BST) technology group of Gennum Corp. (TSX: GND). No financial terms were disclosed. Paratek has raised over $118 million in VC funding since 1999, from firms like Polaris Venture Partners, Novak Biddle Venture Partners, Morgenthaler, Investor AB, STMicroelectronics and ABS Ventures.
3 min read · 20 March 2009
Virtuos, a Beijing-based provider of videogame production services, has acquired Besides Sound Production, a Shanghai-based provider of audio production for videogames. No financial terms were disclosed. Virtuos is sponsored by Legend Capital.
3 min read · 18 March 2009
