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Deals of the day: ServiceMax raises $71 million

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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March 5, 2014, 3:56 PM ET

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Venture Capital Deals

ServiceMax Inc., a Pleasanton, Calif.-based provider of field service management solutions, has raised $71 million in Series E funding. Meritech Capital led the round, and was joined by Kleiner Perkins Caufield & Byers, Cross Creek Advisors, QuestMark Partners, Sozo Ventures and return backers Emergence Capital Partners, Mayfield Fund, Trinity Ventures, Crosslink Capital, Adams Street Partners and salesforce.com. www.servicemax.com

Auction.com, an Irvine, Calif.-based operator of an online real estate marketplace, has raised $50 million from Google Capital. www.auction.com

GuideSpark Inc., a Menlo Park, Calif.-based digital employee communications company, has raised $15 million in Series B funding. New Enterprise Associates led the round, and was joined by return backers Storm Ventures and IDG Ventures. www.guidespark.com

Lotame, a Columbia, Md.-based data management platform, has raised $15 million in Series D funding.Sozo Ventures and TrueBridge Capital Partners co-led the round, and were joined by return backers Battery Ventures, Emergence Capital Partners and RJ Finlay & Co. www.lotame.com

CloudBees, a Boston-based developer of a Java cloud computing platform, has raised $11.2 million in Series C funding. Verizon Ventures led the round, and was joined by return backers Matrix Partners and Lightspeed Ventures. www.cloudbees.com

Canary, maker of a smart home security device, has raised $10 million in Series A funding led byKhosla Ventures. The company previously raised $2 million via Indiegogo and $1.2 million in seed funding from Two Sigma and Brooklyn Bridge Ventures. www.canary.is

AppsFlyer, a New York-based provider of mobile app measurement, attribution and analytics SaaS solutions, has raised $7.1 million in Series A funding from Pitango Venture Capital and seed backerMagma Venture Partners. www.appsflyer.com

TVSmiles, a Berlin-based mobile app for second-screen loyalty programs, has raised $7 million in Series A funding. Ventech led the round, and was joined by fellow seed backers like Brandenburg Ventures, e.ventures, German Startups Group and Magix. www.tvsmiles.de

3CLogic, a Rockville, Md.-based provider of cloud-based contact center solutions, has raised $4.2 million in Series B funding led by Blu Venture Investors. www.3clogic.com

StreamLink Software, a Cleveland-based provider of grant management and board management SaaS solutions for nonprofits and the public sector, has raised $3.5 million in Series A funding led by a group of Ohio-based angel investors. Other participants included Hyde Park Venture Partners, Hyde Park Angels, Blu Venture Investors and North Coast Angel Fund. www.StreamLinkSoftware.com

AppZero, an Andover, Mass.-based provider of cloud migration solutions, has raised $3 million in new VC funding from Covington Capital and individual angels like Nigel Stokes, Joseph Alsop, Matt Ocko and Frank Bonsal. www.appzero.com

Mela Artisans, a New York-based “socially conscious luxury lifestyle brand,” has raised $3 million in VC funding from Aavishkaar. www.melaartisans.com

NextGxDx Inc., a Nashville, Tenn.-based online genetic testing marketplace for healthcare professionals and hospitals, has raised an undisclosed amount of Series B funding. Voyent Partners led the round, and was joined by the Nashville Capital Network. www.NextGxDx.com

Private Equity Deals

Arbor Investments has acquired Trojan Lithograph Corp., a Renton, Wash.-based provider of folding cartons, single-face laminate packaging and point-of-purchase displays for the consumer, food and beverage industries. No financial terms were disclosed. www.trojanlitho.com

 

Charterhouse Capital Partners has acquired a majority stake in Italian cheese maker Nuova Castelli SpA for more than €300 million, according to Private Equity News. The selling family would retain a minority stake in the business. www.castelli1892.com

Great Range Capital has led a buyout of Mountain Valley Water Co., a Hot Springs, Ark.-based bottled water company. No financial terms were disclosed. www.mountainvalleywater.com

Sleep Innovations, a portfolio company of Sun Capital Partners, has agreed to acquire substantially all the assets of Flexible Foam Products Inc., a Spencerville, Ohio-based manufacturer and supplier of polyurethane foam products. No financial terms were disclosed. www.sleepinnovations.com

Tower Three Partners has acquired a majority stake in San Diego-based golf club owner and operator Heritage Golf Group, via a recapitalization. No financial terms were disclosed.www.heritagegolfgroup.com

TPG Capital is in “advanced talks” to acquire The Warranty Group from Onex Corp. for more than $1.2 billion, according to the WSJ. Warranty Group is a Chicago-based provider of extended warranty programs and related services. www.thewarrantygroup.com

Trive Capital has formed Valence Surface Technologies, an aerospace and defense metal processing company with a focus on flight critical parts, via the acquisition and merger of Coast Plating Inc. (Los Angeles) and Chrome Plus International Inc. (Wichita, Kansas). No financial terms were disclosed. www.valencesurfacetech.com

Versa Capital Management has acquired BridgeStreet Global Hospitality, a Herndon, Va.–based owner and operator of more than 50,000 corporate apartments in 60 countries. No financial terms were disclosed. www.bridgestreet.com

Wind Point Partners is expecting revised bids this week for Hearthside Food Solutions, a Downers Grove, Ill.-based white label snack-maker, according to Bloomberg. The deal is expected to be worth around $1 billion, with Barclays managing the process. Remaining suitors reportedly include BC Partners, GS Capital Partners and Oak Hill Capital Partners. www.hearthsidefoods.com

IPOs

Moelis & Co., a New York-based boutique investment bank, has filed for a $100 million IPO. It plans to trade on the New York Stock Exchange under ticker symbol MC (Moelis advised NYSE on its $10.7 billion sale to IntercontinentalExchange Group). Goldman Sachs and Morgan Stanley are listed as lead underwriters, while Moelis itself is also on the book.

OTHER M&A

TA Associates has sold its remaining 11% stake in UK-based investment manager Jupiter Fund Management (LSE: JUP) for £197.2 million. TA had been Juniper’s second-largest outside shareholder. www.ta.com

HomeAway Inc. (Nasdaq: AWAY) has acquired Glad to Have You Inc., a Cumming, Ga.–based provider of a mobile guest management solution for the vacation rental market. No pricing terms of the all-cash deal were disclosed. www.gladtohaveyou.com

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