IntraLinks has acquired MergerID and PE-Nexus, two online deal sourcing platforms for the mergers and acquisitions industry.   MergerID, based in London and owned by the Financial Times Group, and PE-Nexus, a privately-held company based in Miami, Florida, will be combined to create the largest global deal marketplace and professional network for qualified M&A professionals.   With these acquisitions IntraLinks can offer an end-to-end solution for managing the full lifecycle of strategic transactions, from deal preparation, marketing and sourcing through to due diligence and execution.   “Our strategic transactions customers are increasingly looking for a one-stop solution that can facilitate

Despite a challenging year for venture capital investment in 2012, the US VC-backed industry remains substantial.   Better portfolio company exits and returns suggest the slump in fundraising could be over in 2013, according to Ernst & Young’s tenth annual Venture Capital Insights and Trends Report.   According to the report, there is evidence of money flowing into companies that are perceived as lower risk. For example, there is a shift away from social media towards enterprise– the companies that are attracting greater VC interest are those that provide a service and are getting paid for it, rather than those

Spring Mountain Capital has organised and closed a USD9.2m Series A private equity financing facility for the Hurel Corporation, a provider of advanced artificial tissue constructs and microfluidic cell-based assay platforms.    Funds from the financing will support the commercial launch of Hurel’s current products, the continued research and development of its technologies and future products, and other general corporate purposes.    Spring Mountain, operating through its SMC Select Co-Investment Fund I, is the lead investor. Spring Mountain also organised co-investment participations by several other private investor entities.   "This investment reflects our belief in Hurel’s management, its scientific leadership,

glendonTodd Capital, a Dallas-based private equity firm, has closed its previously announced merger of Aztec Systems and Toutatis Client Services do Brasil, including foreign affiliated operating entities.   Both Aztec and Toutatis are glendonTodd portfolio companies.   This merger creates a multinational business process and information technology outsourcing firm with more than 1,000 clients in 13 countries and territories throughout the Americas. Terms of the transaction were not disclosed.   The new combined company, Toutatis Aztec Solutions (TAS), is based in Dallas and offers services including human resources outsourcing, finance and accounting outsourcing, procurement outsourcing, information technology outsourcing, and data

CapVest Equity Partners II and Lantmännen ek have created the leading Nordic poultry producer through the simultaneous acquisition of Kronfågel Group in Sweden and Denmark from Lantmännen, and Cardinal Foods in Norway from CapMan. The new company will have a turnover of more than SEK5bn, while the ownership structure positions the business for further development in international markets, as well as opportunities for product development and innovation.   The new company will consist of Kronfågel, SweHatch and Skånefågel in Sweden, Danpo in Denmark and Cardinal Foods in Norway. It will be led by a team of executives drawn from both

Investment Management Group (IMG), a Moscow-based private equity real estate fund manager, has concluded bank financing for its two investee retail projects for the total amount of USD246.7m.   A long-term financing agreement for USD218m has been signed with the Russian Sberbank to finance the construction of Zelenopark project, a retail centre of approximately 100,000 square meters GLA, developed in partnership with PGP Development in Zelenograd, Moscow region.   The project’s size, favourable location next to the existing and new Moscow-St. Petersburg highways, and tenant composition will make it a destination for shoppers.    IMG invested in the project through

Private equity firm North Castle Partners has completed the sale of Caleel + Hayden Holdings, dba gloProfessional.    The terms of the transaction have not been disclosed.   gloProfessional is a developer and marketer of mineral-based cosmetics under the glominerals brand and premium skin care under the glotherapeutics brand. glo serves over 5,000 dermatologists, cosmetic surgeons, aestheticians, spas and salons both domestically and internationally, as well as select specialty retailers.  In addition, the company recently launched to the same customer base a line of hair care products under the gloessentials brand name.    gloProfessional reaches its customers through a proprietary

Brazos Private Equity Partners, a Dallas-based private investment firm, has invested in European Wax Center (EWC), a provider of facial and body wax treatment services through its network of franchise stores.   Financial terms of the transaction have not been disclosed.   Existing management, led by co-founders David and Josh Coba, who serve as chief executive and chief operating officer, respectively, will continue to run the company and will retain a significant equity stake in the business. Princeton Ventures, a private investment firm based in Princeton, New Jersey, invested alongside Brazos in this transaction.   Based in Hallandale, Florida, EWC

GenNx360 Capital Partners, a private equity firm focused on investing on middle market industrial business-to-business companies, has acquired Horsburgh & Scott (H&S) for an undisclosed amount.   Horsburgh & Scott is a custom gearing manufacturer for the global marketplace. H&S manufactures, repairs, and services highly-engineered, customer specific industrial gears and gear drives for more than 400 customers throughout the world. It is one of a few companies that is both capable of, and specialising in, the manufacturing of medium and large diameter gears (up to 25 ft. in diameter) for a variety of end markets including steel, mining, wind, rail, and sugar.