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

Trendingnow

1

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

2

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

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

1

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

2

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

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
FinanceDeals

Deals of the day: Ace buys in Brazil

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
July 7, 2014, 4:15 PM ET
Management
contract armin harrisKyle Bean for Fortune
Add Fortune on Google for similar content.

Venture Capital Deals

Matterport, a Mountain View, Calif.-based provider of cloud-based 3d models of interior spaces, has raised $16 million in Series B funding. DCM led the round, and was joined by AME Cloud Ventures. Existing backers include Lux Capital, Felicis Ventures, Greylock, AMD Ventures, Navitas Capital, Rothenberg Ventures, Qualcomm Ventures and individual angels. www.matterport.com

Traity, a Mountain View, Calif.-based company that helps users own and manage their online reputations, has raised $4.7 million in Series A funding. Active Venture Partners led the round, and was joined by Horizons Ventures, KRW Schindler Private Ventures, 500 Startups and individual angels.www.traity.com

TeleSign
, a Los Angeles-based provider of mobile phone-based verification tools for online accounts, has raised an undisclosed amount of strategic funding from Australia’s Telstra Ventures.www.telesign.com

Private Equity Deals

Aavid Thermalloy, a Laconia, N.H.-based portfolio company of Audax Private Equity, has acquiredAllcast, an Allentown, Wis.-based maker of aluminum die casting products for LED lighting, recreational vehicle, consumer and industrial applications. No financial terms were disclosed.www.aavid.com

The Blackstone Group has completed its previously-announced $5.4 billion acquisition of Gates Global, a Denver-based maker of power transmission belts and fluid power products, from Onex Corp.and Canada Pension Plan Investment Board. www.gatesglobal.com

CI Capital Partners has acquired Maroon Inc., an Avon, Ohio-based distributor of specialty chemicals. No financial terms were disclosed. www.marooninc.com

Insignia Capital Group has acquired Truco Enterprises, a Dallas-based maker of tortilla chips, salsa and cheese under the On The Border brand, from Arbor Investments and company co-founders. No financial terms were disclosed. ww.ontheborderproducts.com

Thoma Bravo has agreed to acquire Sparta Systems Inc., a Hamilton, N.J.–based provider of enterprise quality management solutions, from Summit Partners and Altaris Capital Partners. No financial terms were disclosed for the deal, which is expected to close later this quarter.www.spartasystems.com

Trilantic Capital Partners
 has led an acquisition of a majority stake in Fluid Delivery Solutions LLC, a Fort Worth, Texas–based oilfield water management company. No financial terms were disclosed. Other investors include First Trust Capital Partners and Volant Energy Partners.www.fdsllc.com

IPOs

CareDx (f.k.a. XDx), a Brisbane, Calif.-based developer of a diagnostic surveillance solution for heart transplant recipients, has set its IPO terms to 3.125 million shares being offered at between $15 and $17 per share. It would have an initial market cap of approximately $168 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol CDNA, with Piper Jaffray and Leerink Partners serving as lead underwriters. It reports a $3.5 million net loss on around $22.1 million in revenue for 2013. CareDx had raised over $120 million in VC funding from such firms as Kleiner Perkins Caufield & Byers (17% pre-IPO stake), TPG Biotech (16.5%), Sprout Group (11.1%), Intel Capital (10.2%), Burrill & Co. (9.4%), DAG Ventures (7.3%) and Integral Capital Partners (5.6%).www.caredx.com

iDreamSky Technology Ltd., a Chinese mobile game publishing platform, has filed for a $115 million IPO. It plans to trade on the Nasdaq under ticker symbol DSKY, with Credit Suisse and J.P. Morgan serving as lead underwriters. The company reports $5.3 million of net income on $28 million in revenue for Q1 2014. Shareholders include Redpoint Ventures (16.6% pre-IPO stake). www.idreamsky.com

Stanford Marine Group, a UAE-based builder and repairer of offshore supply vessels, has postponed its London IPO as majority owner Abraaj Group seeks potential buyers for the business, according to Bloomberg. The company generated $237 million in revenue and $60.2 million in EBITDA for 2013.www.stanford-marine.com

Taggares Agriculture Corp
., a Kennewick, Wash.-based acquirer and operator of farmland in the Pacific Northwest, has withdrawn registration for a $48.3 million IPO. No explanation was provided. The company had planned to trade on the Nasdaq, with Janney Montgomery Scott and ROTH Capital Partners serving as lead underwriters. www.taggaresag.com

Vantage Energy, an Englewood, Colo.-based oil and gas E&P company focused on the Marcellus Shale, has filed for a $400 million IPO. It plans to trade on the NYSE under ticker symbol VEI, with Barclays and Goldman Sachs serving as lead underwriters. Shareholders include Quantum Energy Partners, Riverstone Holdings and Lime Rock Partners. www.vantageenergy.com

M&A

Ace Ltd. (NYSE: ACE) has agreed to acquire property and marine insurance group Itaú Seguros Soluções Corporativas from Brazil’s Banco Itaú for approximately $685 million. www.acegroup.com

Archer Daniels Midland (NYSE: ADM) has agreed to acquire Wild Flavors, a Swiss flavoring company, from Kohlberg Kravis Roberts & Co. for €2.2 billion in cash (plus another 100 million in assumed debt). Read more

Helvetia (Swiss: HELN) has agreed to buy rival insurance company Nationale Suisse (Swiss: NATN) for approximately $2 billion in cash and stock (26% premium to Friday’s closing price).www.nationalesuisse.com

SABMiller
 (LSE: SAB) announced plans to sell its 39.6% stake in Tsogo Sun Holdings, a South African hotel and casino operator, for approximately $1.1 billion via a private placement to institutional investors later this month. www.sabmiller.com

3i Group has hired Morgan Stanley and BNP Paribas to advise on a possible sale of Finnish telecom company Eltel Networks for upwards of €1 billion, according to Bloomberg. www.3i.com

Bridgepoint
 has agreed to sell SPTS Technologies Group, a UK-based maker of etch, deposition and thermal processing equipment for the microelectronic industry, to Orbotech Ltd. The deal is valued at $370 million, including the assumption of debt. www.spts.com

Hayfin Capital Management
, a British lender, has been put on the auction block, according to Financial News. The company’s sponsors are TowerBrook Capital Partners, OMERS Private Equity, Public Sector Pension Investment Board of Canada and Future Fund (Australia). www.hayfin.com

Ingenico Group
 (Paris: ING) said that it has entered into exclusive talks to acquire GlobalConnect, an Amsterdam-based maker of payment terminals, from Welsh, Carson, Anderson & Stowe for around €820 million. www.ingenico.com

Lassonde Industries Inc. (TSX: LAS) has agreed to acquire Apple & Eve LLC, a Port Washington, N.Y.–based branded juice company, from ClearLight Partners. www.appleandeve.com

TransForce Inc. (TSX: TFI) has acquired Transport America, a Tenn.-based trucking and logistics company, from Goldner Hawn Johnson & Morrison. The deal is valued at $310 million (including $150m of assumed debt). In conjunction with the acquisition, Transport America has withdrawn IPO registration. www.transportamerica.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

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 Finance

Mark Zandi, Moody's chief economist.
EconomyU.S. economy
‘It’s fair to ask whether it was worth it’: The Iran war has cost Americans $1,000 per household—and that’s a conservative estimate, Mark Zandi says
By Tristan BoveJuly 1, 2026
3 hours ago
Melania Trump NFT earnings surge 28x in 2025 as first lady rakes in nearly $17 million in total earnings, filing shows
PoliticsDonald Trump
Melania Trump NFT earnings surge 28x in 2025 as first lady rakes in nearly $17 million in total earnings, filing shows
By Mia OsmonbekovJuly 1, 2026
3 hours ago
Donald Trump sits at his desk in the Oval Office, smiling and with his hands folded in front of him.
PoliticsDonald Trump
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
4 hours ago
Current price of Bitcoin for July 1, 2026
Personal FinanceCryptocurrency
Current price of Bitcoin for July 1, 2026
By Joseph HostetlerJuly 1, 2026
8 hours ago
Current price of Ethereum for July 1, 2026
Personal FinanceEthereum
Current price of Ethereum for July 1, 2026
By Joseph HostetlerJuly 1, 2026
8 hours ago
Top CD rates from major banks July 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceCertificates of Deposit (CDs)
Top CD rates from major banks on July 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 1, 2026
8 hours ago

Most Popular

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
7 days ago
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
14 hours 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
4 days ago
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
2 days ago
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
Newsletters
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
By Diane BradyJuly 1, 2026
12 hours ago
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
Commentary
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
By Marc AndersenJune 30, 2026
1 day 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.