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Deals of the Day: Sabre Corp. files for IPO

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Dan Primack
Dan Primack
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January 21, 2014, 3:58 PM ET

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BuildDirect.com, a Vancouver–based online marketplace for heavy weight building materials like flooring and decking, has raised C$30 million in Series B funding. Mohr Davidow Ventures led the round, and was joined by return backer BDC Venture Capital. www.builddirect.com

Kareo Inc., an Irvine, Calif.-based provider of cloud-based medical office software and services for small medical practices, has raised $29.5 million in new VC funding. Greenspring Associates led the round, and was joined by return backers OpenView Ventures and Silicon Valley Bank. www.kareo.com

Bluebox Security, a San Francisco-based enterprise mobile security startup, has raised $18 million in Series B funding. Tenaya Capital led the round, and was joined by return backers Andreessen Horowitz, Andy Bechtolsheim and SV Angel. www.bluebox.com

Adallom, an Israeli provider of security SaaS solutions for sensitive and regulated data, has raised $15 million in Series B funding. Index Ventures led the round, and was joined by return backer Sequoia Capital Israel. www.adallom.com

Fon, a Spain-based global WiFi sharing network, has raised $14 million in new VC funding. Qualcomm Ventures led the round, and was joined by return backers Index Ventures, Google, Coral, Atomico and Deutsche Telekom. The company has now raised more than $70 million since its 2006 inception.www.fon.com

Aorato, an Israeli cybersecurity startup that has developed a directory services application firewall, has raised around $10 million in VC funding from Accel Partners, Innovation Endeavors, Glilot Capital Partners and Mickey Boodaei (co-founder of Imperva and Trusteer). www.aorato.com

Victor, a London-based operator of an online marketplace for private jet charters and per seat bookings, has raised more than £5 million in Series A funding. Backers include Tim Richards (Vue Entertainment founder and CEO) and Andrew Pisker (co-founder of Richmond Park Partners). www.flyvictor.com

Qubell, a Menlo Park, Calif.-based provider of automated application deployment and configuration management for web-scale applications, has raised $1.8 million in VC funding from Benhamou Global Ventures and Icon Venture Partners. www.qubell.com

BankBazaar.com, an India-based financial product comparison platform, has raised around $1.3 million in new VC funding. Sequoia Capital India led the round, and was joined by return backer Walden International. www.bankbazaar.com

Resource Guru, a UK-based provider of cloud-based team scheduling software, has raised $870,000 in seed funding led by Index Ventures. www.resourceguruapp.com

Private Equity Deals

The Abraaj Group has agreed to acquire a majority stake in Yörsan Group, a Turkish manufacturer and distributor of dairy products. No financial terms were disclosed for the deal, which was done in partnership with the European Bank for Reconstruction and Development and the founding Yörük family. www.abraaj.com

Apax Partners has agreed to acquire the remaining 50.1% stake in Trader Media Group, a UK-based website and digital marketplace for motorists, from joint venture partner Guardian Media Group. No financial terms were disclosed. www.tradermediagroup.com

Electra Private Equity has agreed to acquire British shoe retailer Hotter Shoes for £200 million fromGresham Private Equity, according to The Telegraph. www.hottershoes.com

Gruppo Argenta, an Italian coffee vending machine operator, has raised approximately €100 million in debt and equity from KKR Asset Management. The capital will be used both to repay current lenders and to finance growth initiatives. www.gruppoargenta.it

EQT Partners and SEB Private Equity have acquired China F&B Group, a Chinese franchise operator of China Dairy Queen and Papa John’s Pizza. No financial terms were disclosed, except that Darby Private Equity provided financing to support the deal. www.eqt.se

H.I.G. Capital has sold MagnaCare Holdings Inc., a New York-based health plan services company, to Goldman Sachs, Pamplona Capital Management and MagnaCare management. No financial terms were disclosed. www.magnacare.com

The North Alliance, a Nordic network of companies within the communication, design and technology sectors, has raised an undisclosed amount of private equity funding from CapMan Buyout.www.capman.com

Par Pharmaceutical Companies Inc., a portfolio company of TPG Capital, has agreed to acquireJHP Pharmaceuticals, a Parsippany, N.J.-based maker of generic sterile injectable products, fromWarburg Pincus. www.parpharm.com

RSC Insurance Brokerage Inc., a Boston-based provider of insurance brokerage and risk management solutions, has acquired DataRisk LLC, a Portsmouth, N.H.-based risk management consulting firm. No financial terms were disclosed. RSC is a portfolio company of Kohlberg & Co.www.datarisk.com

Segulah has agreed to acquire KP Components, a Denmark-based maker of components for alloy steel and metal castings. No financial terms were disclosed. www.kp-components.com

Warburg Pincus has agreed to acquire a majority stake in Source, a UK-based provider of exchange traded products. No financial terms were disclosed. Source’s existing shareholders – BofA Merrill Lynch, GOlman Sachs, J.P. Morgan, Morgan Stanley and Nomura – will continue to be minority owners. No financial terms were disclosed. Lee Kranefuss, an executive-in-residence with Warburg Pincus, will join Source as executive chairman. www.source.info

IPOs

AAB Group, a Chinese maker of diapers and other hygiene products, is planning to raise up to $300 million in a Hong Kong IPO, according to IFR. Shareholders include RRJ Capital.  www.aabchina.com

Argos Therapeutics Inc., a Durham, N.C.-based developer of immunotherapies for the treatment of cancer and infectious diseases, has set its IPO terms to 4.25 million shares being offered at between $13 and $15 per share. It plans to trade on the Nasdaq under ticker symbol ARGS, with Piper Jaffray, Stifel and JMP Securities serving as lead underwriters. Shareholders include Pharmstandard International SA (35.1% pre-IPO stake), Forbion Capital Partners (18%), TVM Capital (10.7%), Lumira Capital (9%), Intersouth Partners (7.8%), Caisse de depot et placement de Quebec (5.4%), Morningside Group, Green Cross Corp. and Aurora Funds. www.argostherapeutics.com

China Grand Automotive Services Co., a Chinese auto dealer, is planning to raise between $500 million and $800 million in a Hong Kong IPO next quarter, according to Reuters. Shareholders includeTPG Capital and NewMargin Ventures. www.chinagrandauto.com

Dicerna Pharmaceuticals, a Watertown, MA-based pharmaceutical company that develops RNA interference-based therapeutics, has set its IPO terms to 5 million shares being offered at between $11 and $13 per share. It plans to trade on the Nasdaq under ticker symbol DRNA, with Jefferies, Leerink Swann and Stifel serving as lead underwriters. The company reports around a $10 million net loss on $7 million in revenue for 2013. Shareholders include Domain Associates (16.8% pre-IPO stake), Skyline Ventures (14.7%), Deerfield Management (13.4%), RA Capital (13.4%), Abingworth Management (10.3%), Brookside Capital (9.4%), S.R. One Ltd. (8%) and Oxford Bioscience Partners (7.3%). www.dicerna.com

Geopark Ltd., a Santiago, Chile-based oil and gas exploration and productions company, has set its IPO terms to 20 million shares being offered at between $8 and $10 per share. It plans to trade on the NYSE under ticker symbol GPRK, with J.P. Morgan, BTG Pactual and Itau BBA serving as lead underwriters. The company’s stock currently trades on both London’s AIM and the Santiago Offshore Stock Exchange. www.geo-park.com

NephroGenex Inc., a Research Triangle Park, N.C.-based developer of therapeutics to treat kidney disease, has set its IPO terms to 3.1 million shares being offered at between $12 and $14 per share. It plans to trade on the Nasdaq under ticker symbol NRX, with Aegis Capital serving as lead underwriter. Shareholders in the pre-revenue company include Care Capital (59.9% pre-IPO stake), Rho Ventures (23.1%) and BioStratum Inc. (9.4%). www.nephrogenex.com

Sabre Corp., a Southlake, Texas-based provider of tech solutions to the global travel and tourism industry, has filed for a $100 million IPO. That figure is most likely a placeholder that will increase upon an amended filing. Morgan Stanley, Goldman Sachs, BofA Merrill Lynch and Deutsche Bank Securities are serving as lead underwriters. It reports around $2.3 billion in revenue for the first nine months of 2013. Shareholders include TPG Capital (45.3% pre-IPO stake) and Silver Lake Partners(27.9%). www.sabre.com

Ultragenyx Pharmaceutical Inc., a Novato, Calif..-based developer of rare disease therapeutics, has set its IPO terms to 4.84 million shares being offered at between $14 and $17 per share. It plans to trade on the Nasdaq under ticker symbol RARE, with J.P. Morgan and Morgan Stanley serving as lead underwriters. Shareholders in the pre-revenue company include TPG Biotech (13.2% pre-IPO stake), Beacon Bioventures (13.2%), HealthCap (11.8%), Adage Capital Partners (7.4%), Capital Research Global Investors (6.4%) and Pappas Ventures (5.9%). www.ultragenyx.com

OTHER DEALS

Kohlberg Kravis Roberts and Affinity Equity Partners have agreed to sell South Korean brewerOriental Brewery back to Anheuser-Busch InBev for $5.8 billion. KKR originally acquired Oriental Brewery from Anheuser-Busch InBev in 2009 for $1.8 billion (KKR sold half its stake to Affinity shortly thereafter). www.kkr.com

Centurion Resource Group has acquired a 75% stake in a copper asset in the Karagandy region of Kazakhstan. No financial terms were disclosed. www.centurionresourcegroup.com

IBM reportedly has resumed the sale process for its low-end server business, with both Dell and Lenovo mentioned as possible suitors. IBM and Lenovo were close to a deal last year, but talks faltered over price. www.ibm.com

Intel Corp. (Nasdaq: INTC) has agreed to sell its cloud TV division (Intel Media) to Verizon Communications Inc. (NYSE: VZ) for an undisclosed amount. www.intel.com

Teva Pharmaceutical Industries (NYSE: TEVA) has agreed to acquire NuPathe Inc. (Nasdaq: PATH), a Malvern, Penn.-based maker of drugs for neurological and psychiatric disorders, for up to $144 million in cash. The deal includes a $3.65 per share up-front payment and up to another $3.15 per share in milestone-based payments. www.tevapharm.com

Investcorp has agreed to sell TDX, a British provider of debt management solutions, to Equifax Inc. (NYSE: EFX) for $327 million. www.tdxgroup.com

KKR and Permira have completed their exit from German broadcaster ProSiebenSat.1 Media AG, by selling their remaining 16.6% stake for €1.26 billion. www.prosiebensat1.com

Lightyear Capital has agreed to sell Cetera Financial Group, an El Segundo, Calif.–based broker-dealer and investment adviser, to RCS Capital Corp. (NYSE: RCAP). The deal is valued at $1.15 billion in cash. www.cetera.com

RoundTable Healthcare Partners has sold Aqua Pharmaceuticals Holdings Inc., a West Chester, Penn.-based developer of dermatological drugs, to Spain’s Almirall SA (CATS: ALM) for up to $402.6 million in cash (including a $327.6m up-front payment). www.aquapharm.com

BSP Inc. (Jasdaq: 3800) has agreed to acquire Beacon Information Technology Inc., a Tokyo-based provider of data management and data empowerment software, for ¥901 million. www.beacon-it.co.jp

CTPartners Executive Search Inc. (NYSE:CTP) has agreed to acquire Australian executive search firm Johnson Partners. No financial terms were disclosed. www.ctnet.com

GP Strategies Corp. (NYSE: GPX) has agreed to acquire Effective Companies, a Danish provider of human capital management solutions. No financial terms were disclosed. www.gpstrategies.com

KKR Financial Holdings (NYSE: KFN) has agreed to acquire a $100 million stake in LeaseCorporation International, a helicopter leasing subsidiary of Libra Group.www.lciaviation.com

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