• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Deals of the day: Pfizer circles AstraZeneca

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
April 28, 2014, 1:39 PM ET

To get deals in your inbox each morning, sign up for our Term Sheet newsletter

Venture Capital Deals

New Relic, a San Francisco-based provider of application performance management solutions for the enterprise, has raised $100 million in new financing. BlackRock and Passport Capital co-led the round, and were joined by T. Rowe Price and Wellington Management. The company previously raised around $170 million from Insight Venture Partners, Passport Capital, T. Rowe Price, Dragoneer Investment Group, Allen & Company, Benchmark Capital, Trinity Ventures and Tenaya Capital. Www.newrelic.com

Doximity
, a San Francisco-based professional network for physicians, has raised $54 million in Series C funding. DFJ  and T. Rowe Price Associates co-led the round, and were joined by Morgan Stanley Investment Management and return backers Emergence Capital Partners, Morgenthaler Ventures and InterWest Partners. The company previously raised $27 million. Www.doximity.com

Farfetch, a London-based online fashion marketplace, has raised upwards of $40 million in new VC funding, Coins2Day has learned. Read more.

Tealium, a San Diego–based data platform to make marketing tools from various companies work together, has raised $20 million in fourth-round funding led by Silver Lake Waterman. Read more at Coins2Day.

Indi
, a Seattle-based developer of blood-based proteomic tests, has raised $30.25 million in Series B funding. Baird Capital led the round, and was joined by return backers InterWest Partners and the Wellcome Trust. The company also secured $17 million in non-dilutive debt financing provided by Life Sciences Alternative Funding LLC. Www.indidx.com

Caviar Inc.
, a San Francisco-based delivery service for high-end restaurants, has raised $13 million in VC funding from Tiger Global. Read more at Coins2Day.

URX
, a San Francisco-based, has raised $12 million in Series A funding. Accel Partners led the round, and was joined by First Round Capital, Google Ventures and SV Angel. The company previously raised $3.1 million in seed funding. Www.urx.com

Brightpearl, a British provider of cloud-based business management software for small to mid-sized multi-channel retailers, has raised $10 million in new VC funding. MMC Ventures led the round, and was joined by Quayle Munro and return backers Eden Ventures and Notion Capital. Www.brightpearl.com

PolicyMic
, a New York-based online news platform, has raised $10 million in Series A funding. Jim Clark led the round, and was joined by seed backers Lightspeed Venture Partners, Lerer Ventures, Advancit Capital, Red Swan Ventures, and the Knight Foundation. Www.policymic.com

Bidu
, a Brazilian online insurance price comparison and brokerage site, has raised $8.9 million in new VC funding led by UK-based Amadeus Capital Partners.

CommercialTribe, a Denver-based provider of a cloud-based social sales learning platform, has raised $3.2 million in Series A funding. Backers include Grotech Ventures, Boulder Ventures, Access Venture Partners and Martha Tracey (Crawley Ventures).  Www.commercialtribe.com

Algal Scientific Corp., a Northville, Mich.-based developer of algae-based chemicals and a supplier of related technologies for the food and beverage industries, has raised $3 million in new VC funding from Evonik Ventures, Formation8 Partners and Independence Equity. Www.algalscientific.com

AbCelex Technologies Inc., a Toronto-based biotech company focused on the health of food animals, has raised $2 million in Series A funding led by Cultivian Sandbox Ventures. Www.abcelex.com

Profitect, a Waltham, Mass.–based provider of profit amplification solutions, has raised an undisclosed amount of VC funding from Motorola Solutions Venture Capital. Www.profitect.com

Private Equity Deals

Charterhouse Capital Partners has completed its previously-announced $2.33 billion acquisition of Skillsoft Ltd., a Nashua, N.H.-based training and e-learning software company, from Advent International, Bain Capital and Berkshire Partners. Www.skillsoft.com

Eagle Merchant Partners
 has acquired LSO, an Austin, Texas-based provider of regional small parcel and same-day delivery solutions, from Fort Point Capital, MRL Capital, New Canaan Funding, and Pilgrim Capital. No financial terms were disclosed. BB&T Capital Markets managed the process.Www.eaglemerchantpartners.com

Nair & Co., a UK-based provider of outsourced back-office solutions for companies expanding into international markets, has merged with Boston-based rival High Street Partners. No financial terms were disclosed. Nair & Co. Was acquired last summer by  HgCapital, while High Street backers include Sigma Partners and Baird Venture Partners. The combined company will be called Radius, and is expected to generate more than $90 million in revenue. Www.hsp.com

Siris Capital Group has completed its previously-announced $352 million acquisition of  Stratus Technologies, a Bermuda–based provider of availability solutions, www.stratus.com

Wellspring Capital Partners has agreed to acquire Great Lakes Caring, a provider of hospice and home health services in Michigan, Indiana and Ohio, according to an FTC filing. The seller would be fellow private equity firm Pouschine Cook Capital Management, which first acquired Great Lakes Caring back in 2007.

IPOs

Four companies are expected to price IPOs this week, according to Renaissance Capital. They are:Aldeyra Therapeutics, Ares Management, Papa Murphy’s and Scynexis. Www.renaissancecapital.com

Aldeyra Therapeutics
, a Burlington, Mass.-based developer of therapies for rare eyes and skin diseases, has cut its IPO terms from 2 million shares being offered to 1.2 million shares being offered. It still plans to price the shares at between $10 and $12 each, and to trade on the Nasdaq under ticker symbol ALDX. Aegis Capital is serving as underwriter. Shareholders include Domain Associates (50.1% pre-IPO stake) and Johnson & Johnson Development Corp. (44.5%). Www.aldeyra.com

Applus, a Spain-based industrial testing company owned by The Carlyle Group, plans to raise around €1.1 billion through a Madrid floatation early next month. Www.applus.com

Capio
, a Swedish healthcare facilities operator owned by Apax Partners and Nordic Capital, has picked J.P. Morgan and Carnegie to lead its upcoming IPO, according to Dagens Industri. The company generated around $1.9 billion in 2013 revenue. Www.capio.com

Cheetah Mobile Inc., a Chinese maker of mobile security software that is majority owned by KingSoft Corp. (HK: 3888), has set its IPO terms to 12 million shares being offered at between $12.50 and $14.50 per share. The company plans to trade on the NYSE, with Morgan Stanley, J.P. Morgan and Credit Suisse serving as lead underwriters. It reports $10 million of net income on around $124 million in 2013 revenue.Www.ijinshan.com

Spotless Group, an Australian cleaning and catering company, is planning to raise upwards of A$1 billion in an upcoming IPO, according to Dow Jones. The company was taken private in August 2012 by Pacific Equity Partners for A$724 million. Www.spotless.com.au

M&A

Pfizer (NYSE: PFE) said publicly that it has interest in acquiring British drug giant AstraZeneca (LSE: AZN) for $98.7 billion, which would be the largest pharma M&A deal in history. AstraZeneca reportedly has rebuffed several informal advances from Pfizer in recent months. Www.astrazeneca.com

Comcast Corp. (Nasdaq: CMSCA) has agreed to divest approximately 3.9 million subscribers following the successful completion of its merger with Time Warner Cable, via a series of sales and swaps with Charter Communications (Nasdaq: CHTR). The transactions would generate around $22 billion for Comcast.

ForceField Energy Inc. (Nasdaq: FNRG) has acquired American Lighting & Distribution, a San Diego-based provider of energy-efficient commercial lighting that generated around $7 million in 2013 revenue. No financial terms of the acquisition were disclosed. Www.americanlightingsupply.com

Forest Laboratories Inc. (NYSE: FRX) has agreed to acquire Furiex Pharmaceuticals (Nasdaq: FURX), a Morrisville, N.C.-based drugmaker, for approximately $1.36 billion ($1b in cash, $360m in stock). In related news, Forest has agreed to sell Furiex’s royalties in its alogliptin and Priligy products to Royalty Pharma for approximately $415 million, upon completion of the acquisition. Www.furiex.com

Goodman Fielder
 (ASX: GFF), an Australian food ingredients and consumer products company, has rejected a A$1.27 billion takeover offer from Singapore’s Wilmar International (a 10% owner in Goodman Fielder) and Hong Kong’s First Pacific Company. Www.goodmanfielder.com.au

Meda
 (Oslo: MEDA), a Swedish pharma company, has rejected a sweetened takeover offer from U.S.-based generic drugmaker Mylan (Nasdaq: MYL). No financial terms were disclosed. Meda shares fell on the news, giving the company a current market cap of around $5.3 billion. Www.meda.se

X2 Resources
, a mining company led by ex-Xstrata CEO Mick Davis, has offered to acquire the thermal coal unit of BHP Billiton (LSE: BHP), according to the Sunday Times. No financial terms were disclosed. X2 backers include TPG Capital and Noble Group.

Citadel Capital has agreed to sell its majority stake in Sudanese Egyptian Bank to the Islamic Solidarity bank of Sudan for approximately $22 million. Www.sebank.sd

Ina Garten is seeking to purchase the frozen food business of Contessa Premium Foods, a portfolio company of Sun Capital Partners, according to the NY Times. Garten is a celebrity chef known as Barefoot Contessa, who had previously licensed her name to Contessa Premium. Www.contessa.com

Sign up for Dan Primack’s daily email newsletter on deals and deal-makers: GetTermSheet.com

About the Author
By Dan Primack
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.