• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • 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
November 6, 2013, 3:50 PM ET

Experian PLC (LSE: EXPN) has agreed to acquire Passport Health Communications Inc., a Franklin, Tenn.–based provider of data, analytics and software in the U.S. healthcare payments market, for $850 million. Sellers are Spectrum Equity Investors and Great Hill Partners, which acquired a majority interest in 2008 for $232 million. www.passporthealth.com

Endo Health Solutions (Nasdaq: ENDP) has acquired Paladin Labs (TSX: PLB), a Canadian specialty pharma company, for approximately $1.6 billion in stock and cash. The deal represents a 20% premium to Paladin’s closing price on Monday. www.endo.com

Office Depot (NYSE: ODP) has completed its $979 million acquisition of OfficeMax Inc.www.officedepot.com

Open Text Corp. (Nasdaq: OTX) has agreed to acquire GXS Group Inc., a Gaithersburg, Md.-based cloud services company, for $1.17 billion. www.opentext.com

Apogee Enterprises Inc. (Nasdaq: APOG) has acquired Alumicor Ltd., a maker of aluminum frames for the Canadian commercial construction market, from Fulcrum Capital Partners and six minority shareholders. The deal was valued at $52 million. www.apog.com

Centro, a Chicago-based digital media software and services company backed by FTV Capital, has acquired SiteScout, a Seattle-based self-serve, real-time bidding platform. The deal is valued just south of $40 million in cash and stock. The seller is Rubicon Project, which has raised VC funding from Clearstone Venture Partners, Mayfield Fund, Peacock Equity and IDG Ventures Asia. www.centro.net

Arc Logistics Partners LP, an energy logistics group sponsored by Lightfoot Capital, raised $114 million in its IPO. The company priced 6 million shares at $19 per share (low end of $19-$21 range), and will trade on the NYSE under ticker symbol ARCX. Citigroup and Barclays served as lead underwriters.

Avianca Holdings, a Latin American airline based in Panama, raised $409 million in its IPO. The company priced 27.23 million shares at $15 per share (below $17-$20 range). It will trade on the NYSE under ticker symbol AVH, and to continue trading on the Colombian Stock Exchange under symbol PFAVH. J.P. Morgan and Citigroup are serving as lead underwriters. www.aviancataca.com

Barracuda Networks Inc., a Campbell, Calif.-based provider of content security, data protection, and application delivery solutions, raised $75 million in its IPO. The company priced 4.14 million shares at $18 per share (low end of $18-$20 range), for an initial market cap of approximately $900 million. It will trade on the NYSE under ticker symbol CUDA, with Morgan Stanley, J.P. Morgan and BoA Merrill Lynch serving as lead underwriters. It reports a $4.9 million net loss on $114 million in revenue for the six months ending August 31. Barracuda recently raised $130 million via recap funding from Francisco Partners (26.5% pre-IPO stake) and Sequoia Capital (17.4%). www.barracudanetworks.com

Karyopharm Therapeutics, a Natick, MA-based developer of drugs directed against nuclear transport targets for the treatment of cancer and other major diseases, raised $109 million in its IPO. The company priced 6.8 million shares at $16 per share, compared to original plans to offer 5.67 million shares at between $14 and $16 per share. It will trade on the Nasdaq under ticker symbol KPTI, with BoA Merrill Lynch and Leerink Swann serving as lead underwriters. The company has raised over $70 million in VC funding from firms like Foresite Capital (9.42% pre-IPO stake), Delphi Ventures (8.17%) and New Leaf Venture Partners. www.karyopharm.com

Wix
, an Israeli company that helps users build HTML5 websites, raised $127 million in its IPO. The company priced 7.7 million shares at $16.50 per share (high end of $14.50-$16.50 range, for an initial market cap of around $601 million). It will trade on the Nasdaq under ticker symbol WIX, while J.P. Morgan, BofA Merrill Lynch and RBC Capital Markets served as lead underwriters. It reports an $18 million net loss on $55.5 million in revenue for the first half of 2013. It has raised around $61 million in VC funding from  Mangrove Capital (22.5% pre-IPO stake), Bessemer Venture Partners (21.7%), Benchmark (11%), Insight Venture Partners (10.2%) and DAG Ventures. www.wix.com

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

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

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
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
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • 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
Fortune Secondary Logo
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

UN
Middle EastMiddle East
Israel, U.S. stiff-arm U.N. during emergency Security Council meeting
By Edith M. Lederer, Farnoush Amiri and The Associated PressFebruary 28, 2026
5 hours ago
massie
PoliticsCongress
Thomas Massie among few Republicans to criticize Trump over war powers: ‘This is not ‘America First”
By Lisa Mascaro and The Associated PressFebruary 28, 2026
5 hours ago
protest
Middle EastMiddle East
A month before Iran strikes, Trump told Iranian protesters help was on the way amid a government crackdown
By Aamer Madhani, Josh Boak and The Associated PressFebruary 28, 2026
5 hours ago
trump
PoliticsWhite House
Marjorie Taylor Greene rips Iran strikes as Trump betraying America First: ‘It’s always a lie and it’s always America Last’
By Steven Sloan and The Associated PressFebruary 28, 2026
5 hours ago
lavrov
Middle EastMiddle East
Russia accuses America of ‘pre-planned and unprovoked act of armed aggression’ against Iran
By Claudia Ciobanu, Sam McNeil, Sam Metz and The Associated PressFebruary 28, 2026
6 hours ago
iran
Middle EastMiddle East
American, Israeli strike on Iran came 2 days after latest talks, as theocracy struggled with nationwide protests
By Brian Melley and The Associated PressFebruary 28, 2026
6 hours ago

Most Popular

placeholder alt text
Success
Japanese companies are paying older workers to sit by a window and do nothing—while Western CEOs demand super-AI productivity just to keep your job
By Orianna Rosa RoyleFebruary 27, 2026
2 days ago
placeholder alt text
Middle East
Iran is now on 'death ground' amid existential threat from U.S. attacks and could 'go big' in retaliation, former NATO commander warns
By Jason MaFebruary 28, 2026
15 hours ago
placeholder alt text
AI
The week the AI scare turned real and America realized maybe it isn't ready for what's coming
By Nick LichtenbergFebruary 28, 2026
22 hours ago
placeholder alt text
Success
Walmart exec says U.S. workforces needs to take inspiration from China where ‘5 year-olds are learning DeepSeek’
By Preston ForeFebruary 27, 2026
2 days ago
placeholder alt text
Personal Finance
Current price of gold as of February 27, 2026
By Danny BakstFebruary 27, 2026
2 days ago
placeholder alt text
Middle East
Dubai’s worst nightmare unfolds as Iran strikes Gulf neighbors
By Dana Khraiche, Fiona MacDonald and BloombergFebruary 28, 2026
10 hours ago

© 2026 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.