Private Equity
Nippon Shokubai has acquired Sirrus, a developer of electron deficient monomers and derivatives. Sirrus was backed by Braemar Energy Ventures. No financial terms were disclosed.
2 min read · 28 March 2017
Beijing BDStar Navigation Co Ltd has agreed to acquire Rx Networks Inc, a Vancouver-based mobile positioning technology company, according to a Reuters report. Reuters said the Chinese company, a maker of satellite navigation positioning products, struck a deal to buy Rx Networks for $31 million. Founded in 2006, Rx Networks is a portfolio company of Canadian venture capital firms Discovery Capital and Telus Ventures, the investment arm of Telus Communications Co, among other investors.
1 min read · 27 March 2017
PVH Corp has agreed to acquire True&Co, an intimate apparel ecommerce retailer. No financial terms were disclosed. True&Co's backers include Cowboy Ventures, Crosslink Capital, First Round, FundersClub and Great Oaks Venture Capital.
2 min read · 17 March 2017
TechStyle Fashion Group, owner of the Fabletics sportswear line that features celebrity actress Kate Hudson, is exploring a sale that could value it at more than $1.5 billion, including debt, sources told Reuters.
2 min read · 14 March 2017
SmartZip Analytics Inc has agreed to acquire Reach150, a referral management platform. No financial terms were disclosed. SmartZip is backed by Intel Capital, Claremont Creek Ventures, Crest Capital, Javelin Venture Partners, Cue Ball Capital, Toba Capital and ORIX Growth Capital.
4 min read · 07 March 2017
Palo Alto Networks has acquired cyber security company LightCyber for $105 million in cash. LightCyber's backers included Battery Ventures.
3 min read · 06 March 2017
Okta has acquired Stormpath, a provider of authentication services for developers, according to a blog post on the latter's site. No financial terms were disclosed. Stormpath's backers included Scale Venture Partners, New Enterprise Associates and Pelion Venture Partners.
1 min read · 06 March 2017
Otsuka Pharmaceutical Co Ltd has agreed to acquire Cambridge, Massachusetts-based Neurovance, a clinical-stage pharmaceutical company focused on attention-deficit hyperactivity disorder and related disorders. According to terms of the deal, OPC subsidiary Otsuka America Inc will provide an upfront payment of $100 million at the closing, with up to $150 million in additional payments contingent on various milestones. The transaction is expected to be completed in the second quarter of 2017. Neurovance's backers include Novartis Venture Fund, Venture Investors, Tekla Capital Management, GBS Venture Partners and State of Wisconsin Investment Board.
5 min read · 03 March 2017
Technology Crossover Ventures has acquired U.K. payments company Retail Merchant Services, according to a press release. No financial terms were disclosed.
1 min read · 28 February 2017
WayUp has agreed to acquire Looksharp, an online platform that connects students with jobs. Looksharp's backers included Artis Ventures and Subtraction Capital, according to Crunchbase.
3 min read · 21 February 2017
