• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After 40 investors rejected Jeff Bezos’ Amazon pitch, his parents offered $245,573 of their retirement savings

2

China now makes up a record 40% of all global container exports—and it’s a sign Trump’s tariffs meant to punish Chinese firms have fallen flat

3

Billionaire Nike cofounder Phil Knight gives $1 billion to his alma mater: ‘This is no time to abandon’ higher education

1

After 40 investors rejected Jeff Bezos’ Amazon pitch, his parents offered $245,573 of their retirement savings

2

China now makes up a record 40% of all global container exports—and it’s a sign Trump’s tariffs meant to punish Chinese firms have fallen flat

3

Billionaire Nike cofounder Phil Knight gives $1 billion to his alma mater: ‘This is no time to abandon’ higher education
FinanceTerm Sheet

Deals of the day: B&M Stores preps IPO

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
May 23, 2014, 10:53 AM ET
Google source logo
Add Fortune on Google for similar content.

To get deals in your inbox each morning, sign up for our Term Sheet newsletter

Venture Capital Deals

Brandwatch, a UK-based social media monitoring platform, has raised $22 million in Series B funding. Highland Capital Partners led the round, and was joined by Nauta Capital. www.brandwatch.com 

DoorDash, an on-demand restaurant food delivery platform, has raised $17.3 million in Series A funding. Sequoia Capital led the round, and was joined by return backers Khosla Ventures, Charles River Ventures, Pejman Mar Ventures and Ted Zagat. www.doordash.com

Lysogene, a Paris-based gene therapy CNS nervous system involvement, has raised €16.5 million in Series A funding. Sofinnova Partners led the round, and was joined by Bpifrance and NovoAS. www.lysogene.com

Needle Inc., a Bluffdale, Utah-based provider of social chat and video solutions for ecommerce, has raised $7 million in third-round funding, according to a regulatory filing. Existing shareholders include Shasta Ventures and Rembrandt Venture Partners. www.needle.com
 
Dejero, an Ontario-based bonded wireless transmission startup, has raised C$4.5 million in new VC funding from Best Funds. www.dejero.com

Filament Labs, maker of an interactive care plan delivery platform for healthcare professionals, has raised $1 million in seed funding led by Mercury Fund. www.filamentlabs.co

Private Equity Deals

Adveq and HPE Growth Capital have co-invested in Airborne Oil & Gas, a Dutch manufacturer of composite spoolable pipe solutions for the oil and gas market. No financial terms were disclosed. www.airborne-oilandgas.com

Bowmark Capital has acquired Autodata Publishing Group, a UK-based provider of tech information to the automotive aftermarket, at an enterprise value of £143 million. Equity co-investors included The Rothschild Group and Five Arrows Principal Investments. Livingstone Partners managed the process. www.autodata-group.com

The Brickman Group, a Rockville, Md.-based portfolio company of KKR, has agreed to merge withValleyCrest Companies, a Calabasas, Calif.-based portfolio company of MSD Capital, in order to form a combined landscape services company with more than $2 billion in annual revenue. No financial terms were disclosed, except that KKR will have a majority equity stake in the combined company. www.brickmangroup.com

The Carlyle Group and Shinsei Bank Ltd. (Tokyo: 8303) have been short-listed in the auction forStandard Chartered’s Hong Kong consumer finance group, according to Reuters. The deal could be worth between $500 million and $700 million.  

Huron Capital Partners has acquired American Auto Auction Group LLC, a Charleston, S.C.,-based provider of dealer-to-dealer auction services with sites in six states. www.americanautoauctiongroup.com

IPOs

Agile Therapeutics Inc., a Princeton, N.J.-based developer of prescription contraceptive products, raised $55 million in its IPO. The company priced 9.2 million shares at $6 per share, compared to earlier plans to offer 4.62 million shares at between $12 and $14 per share. It has an initial market cap of approximately $111.5 million, and will trade on the Nasdaq under ticker symbol AGRX. RBC Capital Markets and William Blair served as lead underwriters. Shareholders include ProQuest Investments (30.4% pre-IPO stake), Care Capital (26.6%), Investor Growth Capital (26.6%) and Aisling Capital (8.9%). www.agiletherapeutics.com

B&M Stores, a British discount retail chain owned by Clayton Dubilier & Rice, is pepping an IPO resigned to raise £75 million at around a £2.5 billion valuation, according to The FT. www.bmstores.co.uk

Com Hem Holding, a Swedish cable operator owned by BC Partners, is planning to raise approximately $830 million in an IPO in Stockholm, according to Bloomberg. J.P. Morgan, Morgan Stanley and Nordea Bank are managing the offering. www.comhem.se

Heritage Insurance Holdings, a Clearwater, Fla.-based property and casualty insurer, raised $66 million in its IPO. The company priced 6 million shares at $11 per share (below $14-$16 range), and will trade on the NYSE under ticker symbol HRTG. www.heritagepci.com 

Parsley Energy, a Midland, Texas-based oil and gas exploration company focused on the Permian Basin, raised $925 million in its IPO. The company priced 50 million shares at $18.50 per share, compared to earlier plans to offer 43.9 million shares at between $15 and $18 per share. It will trade on the NYSE under ticker symbol PE, while Credit Suisse and Goldman Sachs served as lead underwriters. www.parsleyenergy.com

M&A

CVS Caremark Corp. (NYSE: CVS) is in talks to acquire Brazilian drugstore chain DPSP, according to the WSJ. The deal could be worth around $2 billion. www.cvs.com

Boeing (NYSE: BA) has agreed to acquire ETS Aviation, a UK–based provider of fuel-efficiency management and analytics software. No financial terms were disclosed. www.boeing.com

F5 Networks (Nasdaq: FFIV) has acquired Defense.net Inc., a Belmont, Calif.–based provider of data centers and Internet applications from DDoS attacks. No financial terms were disclosed. Sellers include Bessemer Venture Partners. www.defense.net

Sign up for Dan Primack’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


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
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
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Finance


    Most Popular

    © 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.