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

Trendingnow

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026

Deals of the day: Jos. A. Bank buying Eddie Bauer

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
February 14, 2014, 5:09 PM ET
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

Bit9, a Waltham, Mass.-based provider of enterprise application whitelisting, has merged with San Antonio, Texas-based cybersecurity company Carbon Black. The combined company also has raised $38.25 million in new funding. Existing Bit9 investor Atlas Venture led the round, and was joined by fellow return backers .406 Ventures, Highland Capital Partners, Kleiner Perkins Caufield & Byers and Sequoia Capital. The Blackstone Group, an existing Carbon Black shareholder, also participated.www.bit9.com

UrbanSitter, online and mobile service for parents and sitters to connect via people they know, has raised $15 million in Series B funding. DBL Investors led the round, and was joined by Match Group, Aspect Ventures and return backers Canaan Partners, First Round Capital, Menlo Ventures and Rustic Canyon Partners. www.urbansitter.com

Cybereason Inc., a Cambridge, Mass.-based developer of a tech platform that automatically uncovers malicious operations and “reconstructs them as a clear image of a cyberattack in context,” has raised $4.6 million in Series A funding from Charles River Ventures. www.cybereason.com

Front Desk, a Seattle-based provider of business management and payment processing SaaS for personal services businesses and franchises, has raised $4 million in Series A funding. Floodgate led the round, and was joined by Second Avenue Partners, Version One Ventures and Rich Barton.www.frontdeskhq.com

OTOY Inc., a Sherman Oaks, Calif.-based cloud graphics company, has raised an undisclosed amount of Series D funding. Yuri Milner led the round, and was joined by John Mack and return backers like Autodesk and The Roddenberry Trust. www.otoy.com

Private Equity Deals

Cinven and Investindustrial are circling BSI, the Swiss bank put up for sale by Italian insurerAssicurazioni Generali SpA, according to PE News. The report suggests a price ceiling of around $1.7 billion.

Proserv Group Inc., a UK-based energy production technology services backed by Intervale Capital, has acquired KRG Industries Ltd., a UK–based provider of precision engineering and manufacturing services to the oil & gas industry. No financial terms were disclosed.www.krgindustries.com

IPO’s

Aerohive Networks, a Sunnyvale, Calif.-based developer of “cooperative control” wireless LAN access points, has filed for a $75 million IPO. It plans to trade on the NYSE under ticker symbol HIVE, with Goldman Sachs and BofA Merrill Lynch serving as lead underwriters. The company reports a $25 million net loss on $77 million in revenue for the first nine months of 2013, compared to a $16 million net loss on $50 million in revenue for the year-earlier period. Aerohive has raised around $105 million in VC funding, from Northern Light Venture Capital (21.9% pre-IPO stake), Lightspeed Venture Partners (20.4%), New Enterprise Associates (13%), Kleiner Perkins Caufield & Byers (11%),DAG Ventures (8.4%) and Institutional Venture Partners. www.aerohive.com

Borderfree Inc., a New York-based provider of ecommerce solutions for retailers, has confidentially filed IPO papers with the SEC, according to Dow Jones. It also has selected Credit Suisse and the Royal Bank of Canada to lead the offering. Shareholders include Adams Street Partners, Canaan Partners, Delta Ventures, Pitango Venture Capital, VSP Capital and Viola Credit.www.borderfree.com

Lumenis Ltd., an Israeli medical lasers company, has set its IPO terms to 6.25 million shares being offered at between $15 and $17 per share. It plans to trade on the Nasdaq under ticker symbol LMNS, with Goldman Sachs, Credit Suisse and Jefferies serving as lead underwriters. The company reports $12.7 million in net income on around $194 million in revenue for the first nine months of 2013. Shareholders include LM Partners (45.9% pre-IPO stake) and Ofer Hi-Tech Investments (35.5%).www.lumenis.com

OTHER M&A

Jos. A Bank (Nasdaq: JOSB) has agreed to acquire clothing retailer Eddie Bauer from Golden Gate Capital, the private equity firm that previously agreed to help finance Jos. A Bank’s takeover approach for The Men’s Wearhouse (NYSE: MW). The deal is valued at an enterprise value of approximately $825 million, including $564 million in cash and around 4.7 million shares of Jos. A. Bank stock. There also is a $50 million cash earn-out.www.josabank.com

Bauer Performance Sports (TSX: BAU) has agreed to acquire the baseball and softball business of Easton-Bell Sports, a sports equipment company owned by Fenway Partners, for $330 million. www.bauerperformancesports.com

General Electric (NYSE: GE) has completed its previously-announced acquisition of API Healthcare, a Hartford, Wis.-based provider of healthcare workforce management software and analytics solutions, from Francisco Partners. No financial terms were disclosed. Spurrier Capital Partners managed the process. www.apihealthcare.com

Lightyear Capital has agreed to sell Antares Holdings Ltd., a specialist insurer and reinsurer operating in the Lloyd’s market, to Qatar Insurance Co. (DSM: QATI). No financial terms were disclosed. www.antaresunderwriting.com

Oak Hill Capital Partners has hired J.P. Morgan to find a buyer for Jacobson Companies Inc., a Yuma, Ariz.-based provider of logistics and warehousing services, according to Reuters. The deal could garner upwards of $700 million. www.jacobsoncompanies.com

PepsiCo Inc. (NYSE: PEP) said in a regulatory filing that it has decided against spinning off its North American beverage unit, a move that had been agitated for by hedge fund manager Nelson Peltz.www.pepsi.com

Fortress Investment Group (NYSE: FIG) has repurchased a 12% stake in itself from Nomura Holdings Inc. (Tokyo: 8604), for approximately $363 million. That works out to $6 per share, compared to the $16.12 per share Nomura paid back in late 2006. www.fortress.com

Rakuten Inc. (Tokyo: 4755) has acquired Viber, a Cyprus-based messaging and VoIP company, for around $900 million. www.viber.com

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
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
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
  • Pinterest icon

Latest in

Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter
Investingstock prices
Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter
By Marco Quiroz-GutierrezJuly 2, 2026
1 hour ago
Opti-Greens 50 Review (2026): Insights from Hands-On Testing
HealthDietary Supplements
Opti-Greens 50 Review (2026): Insights from Hands-On Testing
By Christina SnyderJuly 2, 2026
1 hour ago
U.S. Treasury Secretary Scott Bessent
EconomyDebt
AI’s $2.2 trillion deficit fix is already half fake, economists say
By Tristan BoveJuly 2, 2026
2 hours ago
s
Personal FinanceSports
The sports economy is unaffordable at the bar, let alone the stadium
By Catherina GioinoJuly 2, 2026
2 hours ago
m
Politicsfraud
Trump fights fraud by freezing funding for New York’s Medicaid Fraud Control Unit
By Ali Swenson, Geoff Mulvihill and The Associated PressJuly 2, 2026
2 hours ago
Anthropic CEO Dario Amodei
AIEye on AI
Anthropic’s Fable model is back. But U.S. AI policy is still a mess
By Jeremy KahnJuly 2, 2026
2 hours ago

Most Popular

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
2 days ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
8 days ago
Current price of oil as of July 1, 2026
Personal Finance
Current price of oil as of July 1, 2026
By Joseph HostetlerJuly 1, 2026
1 day ago
Trump got a $78K pension from the Screen Actors Guild in 2025 because he appeared in Home Alone 2 in 1992
Politics
Trump got a $78K pension from the Screen Actors Guild in 2025 because he appeared in Home Alone 2 in 1992
By Sasha RogelbergJuly 1, 2026
1 day ago
CEO of $248 billion cybersecurity company says workers are about to face a ‘Darwinian moment’ thanks to AI: Evolve or get cut
Success
CEO of $248 billion cybersecurity company says workers are about to face a ‘Darwinian moment’ thanks to AI: Evolve or get cut
By Emma BurleighJuly 1, 2026
1 day ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
5 days ago

© 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.