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

Trendingnow

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

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

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

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

Man in a white shirt and jacket.
InnovationBrainstorm Tech
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
By Amanda GerutJune 9, 2026
5 hours ago
Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim
CryptoSam Bankman-Fried
Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim
By Camila Grigera NaonJune 9, 2026
6 hours ago
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, June 3, 2026
InvestingWall Street
Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint
By Eva RoytburgJune 9, 2026
7 hours ago
The entrance to a U.S. Immigration and Customs (ICE) detention facility
North AmericaDepartment of Homeland Security
Texas ICE facility spent $11.5 million on guards, medical services, transportation and meals weeks before the camp even held detainees, GAO finds
By Michael Biesecker, Ryan J. Foley and The Associated PressJune 9, 2026
7 hours ago
AI isn’t replacing Hyatt’s salespeople—it’s freeing up a full day of work every week, according to the CEO
AIBrainstorm Tech
AI isn’t replacing Hyatt’s salespeople—it’s freeing up a full day of work every week, according to the CEO
By Sharon GoldmanJune 9, 2026
8 hours ago
America’s grid is reeling. General Motors offers itself as a distributed utility in disguise
EnergyAutos
America’s grid is reeling. General Motors offers itself as a distributed utility in disguise
By Nick LichtenbergJune 9, 2026
8 hours ago

Most Popular

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
By Kate O'Keeffe and BloombergJune 8, 2026
1 day ago
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032
Economy
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032
By Nick LichtenbergJune 9, 2026
12 hours ago
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
Environment
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
By Sasha RogelbergJune 8, 2026
1 day ago
Current price of oil as of June 8, 2026
Personal Finance
Current price of oil as of June 8, 2026
By Joseph HostetlerJune 8, 2026
2 days ago
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Success
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
By Preston ForeJune 8, 2026
2 days ago
Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
Success
Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
By Preston ForeJune 7, 2026
3 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.