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FinanceDeals

Deals of the day: Mylan finds its tax inversion partner

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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July 14, 2014, 10:59 AM ET
Finance
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Venture Capital Deals

Genius (f.k.a. Rap Genius), a digital media annotation service, has raised $40 million in Series B funding. Dan Gilbert led the round, and was joined by return backer Andreessen Horowitz. Read more.

BarkBox, a New York-based provider of pet-themed services like dog-focused subscription boxes and on-demand vets, has raised $15 million in Series B funding. Resolute.vc led the round, and was joined by rellow return backers RRE Ventures, Lerer Ventures, Bertelsmann, Vast Ventures, Slow Ventures, Box Group, CAA and Daher Capital. www.bark.co

Xagenic Inc.
, a Toronto-based developer of a lab-free molecular diagnostic platform, has raised C$5.5 million in Series B funding from BDC Capital. The round total is now $25.5 million, including a prior close from Domain Associates, CTI Life Sciences Fund and the Ontario Emerging Technologies Fund.www.xagenic.com

Chargemaster
, a UK-based provider of electric vehicle charging infrastructure, has raised £3 million in VC funding from Beringea. www.chargemasterplc.com

Rocketrip, a New York-based employee rewards platform for cost-savings business travel behavior, has raised $3 million in Series A-1 funding. Return backers Canaan Partners and Genacast Ventures were joined by new investors CrunchFund and Paul Buchheit. www.rocketrip.com

Private Equity Deals

Abraaj Group has agreed to acquire a majority stake in Clinique Taoufik, a private hospital operator in Tunisia. No financial terms were disclosed. www.abraaj.com

Abraaj Group
 has offered to buy at least a 51% stake in listed Egyptian snack-maker Bisco Misr. No financial terms were disclosed. Bisco Misr has a market cap of approximately $700 million.www.biscomisr.com

Apax Partners and KKR are among several private equity firms that have held talks to acquire listed Dutch business software company Exact Holding, according to Reuters. The take-private deal could be valued at around €1 billion, with Rothschild managing the process. www.exact.com

ATS Labs
, an Eagan, Minn.-based portfolio company of Ampersand Capital Partners, has acquired the assets of MicroTest Labs Inc., an Agawam, Mass.-based provider of testing services for the medical device, pharmaceutical and biotech markets. No financial terms were disclosed. www.ATS-Labs.com

Hony Ca
pital of China has agreed to acquire British restaurant chain PizzaExpress Ltd. from Cinvenfor approximately £900 million. www.pizzaexpress.com

Silver Lake Partners and Silver Lake Kraftwerk have agreed to acquire Quorum Business Solutions Inc., a Houston, Texas-based provider of business and IT solutions for the oil, gas, and renewable energy industry, from The Carlyle Group and Riverstone Holdings. No financial terms were disclosed. www.qbsol.com

Kohlberg Kravis Roberts & Co.
 has agreed to acquire a 49% stake in Scout24 Schweiz AG andOmnimedia AG, both subsidiaries of Swiss media company Ringier. Scout24 is an online auto marketplace, while Omnimedia is a digital marketing group. No financial terms were disclosed.www.ringier.com

Onex Partners
 is in talks to acquire York Risk Services Group, a Parsippany, N.Y.-based insurance claims services company, for more than $1.3 billion, according to Reuters. The seller would by ABRY Partners, which hired Morgan Stanley to find a buyer. www.yorkrsg.com

VitAg Corp., a Beech Island, S.C.-based specialty fertilizer company, has raised more than $110 million in new equity and debt financing. Part of the proceeds will be used to construct a biosolids-to-fertilizer facility in Zellwood, Florida. TPG Alternative and Renewable Technologies led the equity investment, and was joined by Agro-Iron and Shrieve Chemical. Tennenbaum Capital Partners provided a credit facility, while the deal also includes a $64 million tax-exempt bond offering through the Orange County Industrial Finance Authority (led by Citigroup). www.vitagcorp.com

IPOs

Otonomy Inc., a San Diego-based developer of therapeutics for diseases and disorders of the inner and middle ear, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol OTIC, with J.P. Morgan and BofA Merrill Lynch serving as lead underwriters. The company reports a $10.9 million net loss on $9 million in Q1 2014 revenue. It has raised over $140 million in VC funding from firms like Avalon Ventures (16.8% pre-IPO stake), OrbiMed Advisors (15.2%), Novo AS (14.4%), TPG Biotech (14.4%), Domain Associates (11.8%) and Rivervest Venture Partners (7.5%).www.otonomy.com

Townsquare Media, a Greenwich, Conn.-based radio station operator owned by Oaktree Capital Management, has set its IPO terms to 8.33 million shares being offered at between $14 and $16 per share. The company plans to trade on the NYSE under ticker symbol TSQ, with BofA Merrill Lynch, Jefferies and RBC serving as lead underwriters. www.townsquaremediagroup.com

M&A

Aecom Technology Corp. (NYSE: ACM) has agreed to acquire URS Corp. (NYSE: URS), a San Francisco-based engineering and construction services company, for approximately $4 billion, or $56.31 per share (8.2% premium over Friday’s closing price). Citigroup and DBO Partners managed the process. www.urscorp.com

Bed Bull China has agreed to acquire around a 25% stake in coconut water company Vita Coco for approximately $166 million. www.vitacoco.com

Bona Film Group Ltd. (Nasdaq: BONA), a Chinese film distribution company, said that founder and CEO Yu Dong has agreed to acquire 21st Century Fox’s 19.9% interest in Bona for $71.4 million, or $11.80 per share. www.bonafilm.cn

BTG Pactual of Brazil has agreed to acquire the Swiss private bank of Italian insurer Generali for $1.68 billion. www.generali.com

Lindt (Swiss: LISN) has agreed to acquire Russell Stover Candies, a Kansas City-based maker of boxed chocolates. No financial terms were disclosed. www.russellstover.com

Mylan (Nasdaq: MYL) has agreed to a $5.3 billion tax inversion deal with Abbott Laboratories(NYSE: ABT), which will see it acquire a 79% stake in Abbott’s generics pharma business in Europe, Japan, Canada, Australia and New Zealand. www.mylan.com

Whiting Petroleum Corp. (NYSE: WIL) has agreed to acquire Kodiak Oil & Gas Corp. (NYSE: KOG) for $5 billion, including $3.8 billion of stock and the assumption of $2.2 billion in debt. Read more.

Shire Pharmaceuticals (LSE: SHP) said that it would recommend a takeover offer from U.S. drugmaker AbbieVie Inc. (NYSE: ABBV), after AbbieVie raised its offer (for the fourth time) to $53.6 billion. Read more

Advent International and Marcol are seeking a buyer for Berlin-based rehabilitation center chainMedian Kliniken, according to Reuters. Median Kliniken generates around €500 million in annual revenue, and suitors include unlisted German hospital chain Asklepios. www.median-kliniken.de

Audience Inc. (Nasdaq: ADNC) has acquired Sensor Platforms Inc., a San Jose, Calif.–based provider of software and algorithms that interpret sensor data to enable context awareness on smartphones and wearables. The deal was valued at $41 million in cash. Sensor Platforms had raised VC funding from North Bay Angels, ArrowPath Venture Partners and Newbury Ventures.www.sensorplatforms.com

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

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