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Deals of the day: J. Jill on the block

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
Down Arrow Button Icon
February 21, 2014, 3:39 PM ET

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Venture Capital Deals

Seno Medical Instruments Inc., a San Antonio, Texas-based developer of opto-acoustic cancer diagnostics, has raised $39 million in Series C funding led by MedCare Investment Funds, according to VentureWire. www.senomedical.com

Cylance, an Irvine, Calif.-based provider of math-based threat detection and prevention solutions, has raised $20 million in Series B funding. Backers include The Blackstone Group, Khosla Ventures and Fairhaven Capital.  www.cylance.com

Hubub, a thematic discussion board operator with offices in New York and Toronto, has raised $8.5 million in Series A funding, according to TechCrunch. No investors were disclosed. www.hubub.com

Ezetap, an Indian mobile payment startup, has raised $8 million in Series B funding. Backers include Helion Advisors, Social+Capital Partnership and Berggruen Holdings. www.ezetap.com

mCash, a Norwegian mobile payment startup, has raised NOK 43 million (US$7m) in Series A funding led by Northzone and Entrée Capital. www.mcash.no

Kerecis Ltd., an Icelandic tissue regeneration company that utilizes fish skin, has raised $2 million in Series A3 funding. Backers include NSA Ventures, Omega3 EHF, Capital EHF, 1924 EHF, Skógur, Klofningur and Hradfrystihusid-Gunnvor. www.kerecis.com

SoundFocus, a San Francisco-based developer of audio processing technologies that enable those with poor hearing to better enjoy music, has raised $1.7 million. Backers include Kapor Capital, Y Combinator, Greg Badros, VegasTechFund, OVO Fund, RTA Capital, Garry Tan, Alexis Ohanian and Harj Taggar. www.soundfocus.com

Private Equity Deals

Brookstone Partners has acquired JimmyJane, a San Francisco-based sex toy maker, for an undisclosed amount. JimmyJane had raised more than $2 million in VC funding from such backers as Palo Alto Investors, Tim Draper and Phil Schlein. www.brookstonepartners.com

IPOs

Chukong Technologies, a Chinese mobile game developer, is prepping a $150 million U.S. IPO. Deutsche Bank and Morgan Stanley have been picked to manage the offering. Chukong has raised over $80 million in VC funding from such firms as Creaturk, GGV Capital, Northern Light Venture Capital, Steamboat Ventures and Sequoia Capital. www.chukong-inc.com

Focus Media Holding, a Chinese display advertising company, is preparing a $1 billion Hong Kong IPO for early 2015, according to IFR.  Focus was acquired last May for $3.8 billion by The Carlyle Group, Fosun International, CITIC Capital Partners, China Everbright and FountainVest Partners. www.focusmedia.cn

OTHER M&A

Anixter International Inc. (NYSE: AXE), a Glenview, Ill.-based distributor of enterprise cabling and security solutions, has hired Goldman Sachs to find a buyer, according to Bloomberg. The news sent the company’s shares more than 2% higher yesterday to finish at $104.97, which gives it around a $3.4 billion market cap. Shareholders include Sam Zell (15.15% stake). www.anixter.com

Arcapita and Golden Gate Capital are seeking a buyer for women’s apparel retailer J. Jill, according to the WSJ. The deal reportedly could garner upwards of $500 million. www.jjill.com

BBVA (CATS: BBVA) has agreed to acquire Simple, a Portland, Ore.-based digital banking startup that reports more than 100,000 customers. The deal is valued at $117 million. Simple had raised over $15 million in VC funding from firms like SV Angel, IA Ventures, Shasta Ventures, Neu Venture Capital, First Round Capital, Lerer Ventures, Anthemis Capital, 500 Startups and Village Ventures. www.simple.com

Brookdale Senior Living Inc. (NYSE:BKD) has agreed to acquire rival senior housing company Emeritus Corp. (NYSE: ESC) for approximately $1.4 billion in stock, or around $28.41 per share. Brookdale also will assume around $1.4 billion of Emeritus Corp.’s debt, for a total transaction value of $2.8 billion. www.brookdaleliving.com

Google (Nasdaq: GOOG) has acquired Spider.io, a London-based startup that helps online advertisers identify fraudulent clicks, according to Re/Code. No financial terms were disclosed. www.spider.io

Jack Link’s, a Minong, Wis.-based of meat snacks, has agreed to acquire the meat snacks business of Unilever (LSE: ULVR). No financial terms were disclosed for the deal, which is expected to close by the end of March. www.jacklinks.com

Nankai Electric Railway Co. (Tokyo: 9044) has agreed to acquire an Osaka train and warehouse operator from the local government for around $732 million. www.nankai.co.jp

Royal Dutch Shell PLC (Amsterdam: RDSA) has agreed to sell its Australian refinery and filling stations to Vitol Group for approximately US$2.6 billion. www.shell.com

Russell Stover Candies, the family-owned chocolate maker based in Kansas City, has hired Goldman Sachs to find a buyer, according to the WSJ. The deal may garner more than $1 billion. www.russellstover.com

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By Dan Primack
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