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

M&A and IPOs

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
October 1, 2013, 2:50 PM ET

Apollo Tyres Ltd., a listed Indian tire-maker, has agreed to acquire Cooper Tire & Rubber Co.(NYSE: CTB) shareholders have approved a $2.5 billion, or $35 per share, buyout by India-listed Apollo Tyres Ltd. www.coopertire.com

Assurant Inc. (NYSE: AIZ) has acquired the field asset services business of FirstService Corp.(Nasdaq: FSRV) for $55 million in cash. www.assurant.com

Nielsen Holdings NV (NYSE: NLSN) has completed its previously-announced $1.26 billion acquisition of Arbitron Inc. (NYSE: ARB). Major Nielsen shareholders include The Blackstone Group, THL Partners, The Carlyle Group, KKR and Hellman & Friedman. www.nielsen.com

Astronics Corp. (Nasdaq: ATRO) has acquired certain assets and liabilities of AeroSat Corp., an Amhest, N.H.-based provider of aircraft antenna systems, for upwards of $32 million (including a $12m up-front cash payment). AeroSat shareholders include CAI, NextLevel Venture Partners, PAR Capital Management and AeroEquity. www.astronics.com

Choose Energy
, a Plano, Texas-based company that helps educate consumers on their options for residential electricity, has acquired Power2Switch, a Chicago-based online comparison engine for energy rates and an automated process for switching to a new electricity supplier. No financial terms were disclosed. Choose Energy is a portfolio company of Kleiner Perkins Caufield & Byers and Stephens Capital Partners, while Power2Switch was seeded by OCA Ventures, Hyde Park Angels, New World Ventures and I2A. www.power2switch.com

Experian PLC (LSE: EXPN) has agreed to acquire The 41st Parameter, a Scottsdale, Ariz.–based provider of device recognition solutions for fraud prevention and online audience identification. The deal is valued at $324 million. The 41st Parameter has raised around $38 million in VC funding, from Kleiner Perkins Caufield & Byers, Georgian Partners, Northwest Venture Partners and Jafco Ventures.www.the41.com

TellApart, a Burlingame, Calif.–based provider of personalized marketing solutions for omnichannel commerce, has acquired AdStack, a San Francisco–based provider of email marketing optimization solutions. No financial terms were disclosed. TellApart has raised over $17 million in VC funding from firms like Greylock Partners and Bain Capital Ventures, while AdStack was seeded by Harrison Metal Capital. www.tellapart.com

Antero Resources, a Denver-based oil and gas exploration and production company controlled byWarburg Pincus, has set its IPO terms to 30 million shares being offered at between $38 and $42 per share. It plans to trade on the NYSE under ticker symbol AR, with Barclays, JPMorgan and Citigroup serving as lead underwriters. www.anteroresources.com

The Container Store Inc., a Coppell, Texas-based retailer owned by Leonard Green & Partners, has filed for a $200 million IPO. It plans to trade on the NYSE under ticker symbol TCS, with J.P. Morgan, Barclays and Credit Suisse serving as lead underwriters. The company reports $30 million of net income on $707 million in revenue for the fiscal year ending March 2, 2013.www.containerstore.com

Fate Therapeutics, a San Diego-based stem cell biotech company focused on cellfate control, has amended its IPO terms to 6.67 million shares being offered at between $6 and $8 per share, compared to earlier plans to offer 4 million shares at between $14 and $16 per share. It will trade on the Nasdaq under ticker symbol FATE, with Cowen & Co. and BMO Capital Markets serving as lead underwriters. The company reports a $9.1 million net loss on $762,000 in revenue for the first half of 2013. The company has raised over $42 million in VC funding from ARCH Venture Partners (16.8% pre-IPO stake), Polaris Partners (16.8%), Venrock (16.8%) and OVP Venture Partners (15.4%).www.fatetherapeutics.com

Poundland
, a British single-price discount retailer backed by Warburg Pincus, is considering a floatation for the first half of 2014, according to Reuters. www.poundland.co.uk

Qunar, a Chinese travel search engine, has filed for a $125 million IPO. It plans to trade on the NYSE under ticker symbol QUNR, with Goldman Sachs (Asia) and Deutsche Bank Securities serving as co-lead underwriters. The company reports a $2.8 million net loss on $58 million in revenue for the first half of 2013. Shareholders include Baidu (61.05% pre-IPO stake), GSR Ventures (6.27%) and Hillhouse Capital. www.qunar.com

Sign up for my daily email newsletter on deals and deal-makers: GetTermSheet.com

About the Author
By Dan Primack
See full bioRight Arrow Button Icon

Latest in

CryptoBinance
Binance has been proudly nomadic for years. A new announcement suggests it’s finally chosen a headquarters
By Ben WeissDecember 7, 2025
1 hour ago
Big TechStreaming
Trump warns Netflix-Warner deal may pose antitrust ‘problem’
By Hadriana Lowenkron, Se Young Lee and BloombergDecember 7, 2025
5 hours ago
Big TechOpenAI
OpenAI goes from stock market savior to burden as AI risks mount
By Ryan Vlastelica and BloombergDecember 7, 2025
5 hours ago
InvestingStock
What bubble? Asset managers in risk-on mode stick with stocks
By Julien Ponthus, Natalia Kniazhevich, Abhishek Vishnoi and BloombergDecember 7, 2025
5 hours ago
EconomyTariffs and trade
Macron warns EU may hit China with tariffs over trade surplus
By James Regan and BloombergDecember 7, 2025
5 hours ago
EconomyTariffs and trade
U.S. trade chief says China has complied with terms of trade deals
By Hadriana Lowenkron and BloombergDecember 7, 2025
6 hours ago

Most Popular

placeholder alt text
Real Estate
The 'Great Housing Reset' is coming: Income growth will outpace home-price growth in 2026, Redfin forecasts
By Nino PaoliDecember 6, 2025
2 days ago
placeholder alt text
AI
Nvidia CEO says data centers take about 3 years to construct in the U.S., while in China 'they can build a hospital in a weekend'
By Nino PaoliDecember 6, 2025
1 day ago
placeholder alt text
Economy
The most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says
By Jason MaDecember 6, 2025
1 day ago
placeholder alt text
Big Tech
Mark Zuckerberg rebranded Facebook for the metaverse. Four years and $70 billion in losses later, he’s moving on
By Eva RoytburgDecember 5, 2025
2 days ago
placeholder alt text
Economy
JPMorgan CEO Jamie Dimon says Europe has a 'real problem’
By Katherine Chiglinsky and BloombergDecember 6, 2025
1 day ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
11 days ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune 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
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune 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 Fortune 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.