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Deals of the Day: KKR getting into soccer?

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
Down Arrow Button Icon
January 31, 2014, 4:06 PM ET

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Venture Capital Deals

One Kings Lane, a Los Angeles-based ecommerce company focused on home decor, has raised $112 million in Series E funding. Mousse Partners led the round, and was joined by a pair of undisclosed institutional investors and return backers Kleiner Perkins Caufield & Byers, Greylock Partners, Institutional Venture Partners, Scripps Networks Interactive and Tiger Global Management. TechCrunch reports that the deal was done at an $800 million pre-money valuation. www.onekingslane.com

Zopa, a London-based peer-to-peer lending company, has raised £15 million in new funding fromArrowgrass Capital Partners. The company previously raised over $30 million from Benchmark, Balderton Capital, Augmentum Capital, Wellington Partners, Bessemer Venture Partners and Tim Draper. www.zopa.com

BlueCava, an Irvine, Calif.-based provider of cross-screen marketing solutions, has raised $13 million in second-round funding. Backers include S3 Ventures, Performance Edge Partners and Zeitgeist Capital.www.bluecava.com

Nanomix Inc., an Emeryville, Calif.-based developer of point-of-care diagnostic tests for hospital and pre-hospital settings, has raised $12 million in new VC funding. No investor information was disclosed.www.nano.com

Moontoast, a Boston-based provider of social rich media advertising solutions, has raised $4.5 million in new Series B funding from existing backer Martin Cos. The round total now stands at $9.5 million.www.moontoast.com

Enigma, a New York-based search and discovery platform for public data, has raised $4.5 million in Series A funding. Comcast Ventures led the round, and was joined by American Express Ventures, Crosslink Capital and the New York Times Company. www.enigma.io

Implisit, a self-learning platform for improving sales efficiency, has raised $3.3 million in VC funding from Gemini Israel Ventures. www.implisit.com

Practically Green, a Boston-based provider of digital sustainability engagement programs, has raised $3 million in Series A funding. CommonAngels led the round, and was joined by Pan Asia Solar, Clean Energy Venture Group and Launchpad Venture Group. www.practicallygreen.com

Versa, a developer of interactive sponsored media content, has raised $2 million in seed funding. Omidyar Network led the round, and was joined by the John S. and James L. Knight Foundation and Quotidian Ventures. www.versahq.com

Bow & Drape, a New York-based ecommerce platform for customizable women’s fashions, has raised $1.2 million in seed funding. Backers include VegasTechFund, Great Oaks Venture Capital, Triple Point Capital and Jeff Fluhr. www.bowanddrape.com

Bench Accounting, a New York-based virtual bookkeeping service, has raised $1 million in new seed funding from Contour Ventures, Alpine Meridian, Lerer Ventures, Quotidian Ventures. The company has now raised $3.1 million in total seed funding. www.bench.co

Private Equity Deals

American Securities has acquired SeaStar Solutions, a Litchfield, Ill.-based provider of OEM and aftermarket products for the recreational marine market, from H.I.G. Capital. No financial terms were disclosed. www.teleflexmarine.com

Borealis Infrastructure has agreed to acquire up to a 31.6% interest in Bruce Power B, operator of four nuclear power reactors in Ontario, from Cameco Corp. (TSX: CCO). The deal is valued at C$450 million, and would increase Borealis’ stake in Bruce Power to 56.1%. www.borealis.ca

Centre Lane Partners has acquired the candle-making business (Candle-lite) of Lancaster Colony Corp. (Nasdaq: LANC) for $28 million in cash. www.candle-lite.com

Glencoe Capital has acquired Dialogue Marketing, a Troy, Mich.-based provider of business process outsourcing and customer engagement services. No financial terms were disclosed. Dialogue Marketing will be merged with existing Glencoe portfolio companies Budco and NOVO 1, to form a new marketing services and customer care entity called DialogDirect. www.glencap.com

The Gores Group and Technology4Medicine have agreed to acquire a controlling interest inFotona, a Slovenian manufacturer of lasers for medical, dental and aesthetic applications. No financial terms were disclosed, except that Los Angeles-based Gores is doing the deal via its small-cap fund.www.fotona.com

Kohlberg Kravis Roberts & Co. has agreed to acquire a 10% stake in Berlin football club Hertha BSC, according to Reuters. The deal is valued at around €60 million. www.kkr.com

Tower Arch Capital has acquired Future Telecom Inc., a Mesquite, Texas-based specialty-boring company for the communications and energy markets. No financial terms were disclosed. Allegiance Capital Corp. managed the process. www.futuretelco.com

Wasserstein Partners, the private equity unit of Wasserstein & Co., has acquired the assets ofRecorded Books LLC, a provider of unabridged audiobooks, digital content and services to the library, school and retail markets. No financial terms were disclosed for the deal, which also includes co-investment from Northwestern Mutual and Lexington Partners. The seller is Haights Cross Communications Inc., while shareholders include M/C Partners and Trimaran Advisors. www.recordedbooks.com

IPO’s

Cara Therapeutics, a Shelton Conn.-based developer of therapeutics for treating pain, raised $55 million in its IPO. The company priced 5 million shares at $11 per share (low end of $11-$13 range), for an initial market cap of around $240 million. It will trade on the Nasdaq under ticker symbol CARA, while Stifel and Piper Jaffray servd as lead underwriters. Shareholders include Rho Ventures (14.5% pre-IPO stake), Alta Partners (10.7%), Ascent Biomedical Ventures (9.9%), MVM (9.7%), Devon Park Bioventures (9.4%), Esperante AB (9.2%) and Scottish Widows (5.3%). www.caratherapeutics.com

Malibu Boats, a Louden, Tenn.–based sport boat manufacturer, raised around $100 million in its IPO. The company priced 7.1 million shares at $14 per share (middle of $13-$15 range). It will trade on the Nasdaq under ticker symbol MBUU, while Raymond James and Wells Fargo served as lead underwriters. Shareholders include Black Canyon Capital (35.6% pre-IPO stake).www.malibuboats.com

The New Home Co., an Aliso Viejo, Calif.-based homebuilder focused on major metropolitan areas in California, raised $86 million in its IPO. The company priced 7.8 million shares at $11 per share (below $15-$17 range), for an initial market cap of around $181 million. It plans to trade on the NYSE under ticker symbol NWHM, while Citigroup, J.P. Morgan and Credit Suisse served as lead underwriters. Shareholders include Tricon Capital Group (TSX: TCN). www.thenewhomecompany.com

Paylocity, an Arlington Heights, Ill.-based provider of cloud-based payroll and human capital management software for mid-sized organizations, has filed for a $115 million IPO. It plans to trade on the Nasdaq under ticker symbol PCTY, with Deutsche Bank, BofA Merrill Lynch and Williams Blair serving as lead underwriters. The company reports a $1.5 million net loss on around $46 million in revenue for the second half of 2013, compared to a $2.5 million net loss on $33 million in revenue for the year-earlier period. Shareholders include Adams Street Partners. www.paylocity.com

Trevena Inc., a King of Prussia, Penn.–based developer of G protein coupled receptor biased ligands, raised $60 million in its IPO. The company priced 8.5 million shares at $7 per share (per revised expectations), for an initial market cap of approximately $175 million. It will trade on the Nasdaq under ticker symbol TRVN, while Barclays and Jefferies served as lead underwriters. Shareholders include Alta Partners (20.8% pre-IPO stake), New Enterprise Associates (20.8%), Polaris Partners (20.8%), Forest Labs (18.1%) and HealthCare Ventures (13.1%). www.trevenainc.com

Ultragenyx Pharmaceutical Inc., a Novato, Calif..-based developer of rare disease therapeutics, raised around $121 million in its IPO. The company priced 5.8 million shares at $21 per share, compared to earlier plans to offer 4.84 million shares at between $14 and $17 per share. Its initial market cap is around $610 million. Ultragenyx will trade on the Nasdaq under ticker symbol RARE, while J.P. Morgan and Morgan Stanley servedas 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

Zynga(Nasdaq: ZNGA) has agreed to acquire NaturalMotion, a UK-based gaming company whose titles include Clumsy Ninja and CSR Racing. The deal is valued at $527 million in cash and stock ($391m/$136m split). NaturalMotion backers include Benchmark and Balderton Capital.www.naturalmotion.com

Deutsche Telekom is in talks to acquire a 10% stake in Greek carrier Hellenic Telecommunications Organization (a.k.a. OTE), which has a market cap of around $7 billion, according to Bloomberg. www.ote.gr

Telenav (Nasdaq: TNAV) has acquired Skobbler, a German maker of GPS navigation apps, for just under $23.8 million in cash ($19.2m) and stock. www.skobbler.com

Gryphon Investors is seeking a buyer for Flagstone Foods, a St. Paul, Minn.-based maker of snacks and dried fruit, according to LBO Wire. www.flagstonefoods.com

The Jordan Co. has agreed to sell Haas Group Inc., a West Chester, Penn.–based provider of outsourced chemical supply chain management solutions, to Wesco Aircraft Holdings Inc. (NYSE: WAIR). The deal is valued at $550 million in cash, and is expected to close later this quarter.www.haasgroupintl.com

TiVo Inc. (Nasdaq: TIVO) has agreed to acquire Digitalsmiths, a Durham, N.C.-based provider of broadband video indexing, analytics and publishing solutions. The deal is valued at $135 million in cash. Digitalsmiths had raised around $35 million in VC funding from .406 Ventures, Aurora Funds, Chrysalis Ventures, Capitol Broadcasting, Cisco Systems and Technicolor. www.digitalsmiths.com

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