VENTURE DEALS
- Amperity, a Seattle-based AI-powered customer data management platform, raised $50 million in Series C funding. Investors include Tiger Global Management, Goldman Sachs, Declaration Partners, Madera Technology Partners, Madrona Venture Group, and investor Lee Fixel.
- NewsCred, a New York-based enterprise content marketing platform, raised $20 million in funding. InterWest Partners led the round.
- nTopology, a New York-based company building engineering software for advanced manufacturing, raised $20 million. Canaan led the round.
- AllBright, a London-based funding and education network, raised £13 million ($16.3 million) in funding at a £100 million ($125 million) valuation. Cain International led the round.
- Exyn Technologies Inc, a Philadelphia-based developer of autonomous robot systems, raised $16 million in Series A funding. Centricus led the round, and was joined by investors including Yamaha Motors Ventures, In-Q-Tel, Corecam Family Office, Red and Blue Ventures and IP Group Inc.
- Paragraf, a U.K.-bases graphene-based electronics technology company, raised £12.8 million ($16 million) in Series A funding. Parkwalk led the round, and was joined by investors including IQ Capital Partners, Amadeus Capital Partners and Cambridge Enterprise, and the commercialisation arm of the University of Cambridge.
- Igloohome, a Singapore-based smart access company, raised $15 million in funding. Insignia Ventures Partners, Wavemaker Partners and SEEDS Capital led the round.
- Hero Labs, a London-based startup developing technology to help prevent water leaks in U.K. properties, raised £2.5 million ($3.1 million) in seed funding. Earthworm Group led the round.
- Mahmee, a Los Angeles-based provider of personalized, ongoing postpartum support to new moms, raised $3 million in seed funding. Investors include Marc Cuban and Serena Williams.
PRIVATE EQUITY DEALS
- Autokiniton Global Group), a portfolio company of KPS Capital Partners, agreed to acquire Tower International, Inc. (NYSE: TOWR) for $31 per share in cash. The total value of the transaction is approximately $900 million.
- Drilling Tools International, Inc, a portfolio company of Hicks Equity Partners, acquired WellFence LLC, a tech-enabled security and credentialing service offering for the oil and gas industry. Financial terms weren't disclosed.
- Carousel Capital recapitalized Armstrong Transport Group LLC, a Charlotte, N.C.-based provider of freight brokerage solutions. Financial terms weren't disclosed.
- Yak Access LLC, a portfolio company of Platinum Equity, acquired Klein's Restoration Services, a Canton, Ohio-based provider of services including restoration, matting, site development and construction, and traffic control solutions, primarily to the powerline industry. Financial terms weren't disclosed.
- Valet Living acquired WasteRetriever, a Greenwood Village, Colo.-based doorstep trash and recycling collection company. Financial terms weren't disclosed.
- Acorn Growth Companies acquired Black Sage Technologies, a Boise, Idaho-based provider of counter-unmanned aircraft systems solutions. Financial terms weren't disclosed.
OTHER DEALS
- Blackstone Group Inc. and Kirkbi AS are exploring a sale of Armacell International, the maker of specialized insulation products used by the International Space Station, according to Bloomberg. The deal could value the company at about 1.5 billion euros ($1.7 billion).. Read more.
IPOs
- AB InBev, the beer maker, pulled the Hong Kong listing of its Asia unit in what would've been the largest listing of the year. Read more.
- CloudMinds, a Beijing-based provider of cloud AI solutions for robots, filed for a $500 million in an initial public offering. The firm posted revenue of $121 million in 2018 and loss of $160.4 million. Softbank backs the firm. The plans to list on the NYSE as "CMDS." Read more.
- Wanda Sports Group, a Beijing-based sporting and live events firm spinning out of Dalian Wanda Group, plans to raise $450 million in an IPO of 33.3 million shares (40% insider) priced between $12 to $15. It booked $1.3 billion in 2018 and income of $61.9 million. It plans to list on the Nasdaq as "WSG." Read more.
- OneWater Marine, a Buford, Ga.-based recreational boat retailer, filed for an $100 million. The firm posted revenue of $603 million in the year ending Sept. 2018 and income of $1.1 million. One Water Ventures, LMI Holdings, and Goldman Sachs back the firm. It plans to list on the Nasdaq under an undisclosed symbol. Read more.
EXITS
- WPP Plc agreed to sell 60% of Kantar, WPP's global data, research, consulting and analytics business, to Bain Capital for $3.1 billion.
- Equistone agreed to acquire FirstPort, a U.K.-based residential property management company. The sellers are Epiris and Chamonix Private Equity. Financial terms weren't disclosed.
- Aspen Technology, Inc. (NASDAQ: AZPN) agreed to acquire Mnubo Inc., a Montreal-based provider of purpose-built artificial intelligence and analytics infrastructure for the internet of things. Financial terms weren't disclosed. Mnubo Inc had raised approximately CA $22.5 million ($17.2 million) in funding from investors including White Star Capital, McRock Capital, and Munich Reinsurance.
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