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Weekly Deals and Funds Roundup: 10 August 200510/08/2005. Source: AltAssets. 
 A selection of the latest deal and fund news from across the globe - essential reading for those who need to keep up-to-date with the industry's key developments.
This weekly roundup provides an update on deals and fund activity that did not feature as separate stories in AltAssets' daily news service.
DEALS
Segulah has acquired Swedish Skanska Prefab Mark from Skanska. Skanska Prefab Mark is a specialist in manufacturing and selling pre-fabricated products in concrete for sewage, drainage and paving. The acquisition of Skanska Prefab Mark is the second investment for the Segulah III fund. Segulah is a private equity partnership focused on lower mid-market buy-outs in the Nordic region.
Nautic Partners' portfolio company Qantum Communications Corporation has expanded its radio station holdings in the Cape Cod radio market. Qantum has completed its acquisition of four FM radio stations from Boch Broadcasting for $21.3m. This acquisition was part of a broader transaction in which Qantum transferred three Cape Cod stations to Cape Cod Radio Stations Trust in order to comply with Federal Communications Commission's ownership regulations. Cape Cod Radio Stations Trust in turn has agreed to sell these three stations to Nassau Broadcasting Partners for $10m. Nautic Partners is the independent successor to Fleet Equity Partners, the private equity investment unit of Fleet Financial Group.
Kleinwort Capital has supported the acquisition of four care homes which will come under the umbrella of a newly formed company, Healthcare Homes Group. This is the sixth investment by KCL's £130m limited partnership, Kleinwort Capital Partners IV. Kleinwort Capital focuses on mid-market private equity investments of between £10-100m in UK companies in the media, technology, healthcare and specialist manufacturing sectors.
Los Angeles-based private equity firm Clarity Partners and ZelnickMedia Corporation have teamed up to acquire Naylor Publications, a provider of business-to-business media and advertising solutions and services to trade and professional associations in the US and Canada, for an undisclosed amount. Clarity Partners has $800m in committed capital focused exclusively on investments in communications, media, and related services and technologies. ZelnickMedia is a partnership of media executives that owns interests in and manages media enterprises in recorded music, catalogue and online retailing, market research, CD manufacturing, online games and media-related software in the US, Europe and Asia.
Cleveland-based private equity firm Resilience Capital Partners has completed the acquisition of Air Enterprises out of chapter 11 bankruptcy protection. Air Enterprises designs, engineers, manufactures and supports custom air handling systems. The company focuses on serving the most demanding and stringent air quality environments such as hospitals, pharmaceutical manufacturers, research laboratories, and various homeland security applications.
Atlanta-based private equity firm Roark Capital Group has acquired Ridgeland, Mississippi-headquartered McAlister's Deli. McAlister's owns, operates and franchises a chain of quick casual restaurants. Roark Capital Group acquires majority positions in franchise, financial services, niche manufacturing and service businesses.
New York-based Register.com is to be acquired by Vector Capital Corporation, a San Francisco-based private equity firm. Under the terms of the agreement, Register.com stockholders will receive $7.81 in cash for each share of Register.com common stock. The fully diluted equity value of the transaction is approximately $200m. Register.com is a provider of global domain name registration and internet services for businesses and consumers that wish to have a unique address and branded identity on the internet.
San Francisco-based private equity firms Friedman Fleischer & Lowe and Hellman & Friedman have agreed to acquire the CATRisk operation of The St. Paul Travelers Companies. Financial terms of the transaction have not been disclosed. CATRisk is a specialty property and casualty insurer. The company provides non-admitted homeowners insurance primarily in Florida and Texas and admitted residential earthquake in California and Washington.
FUNDS
New Leaf Venture Partners has closed a $310m venture capital fund dedicated to healthcare technologies. The company will invest primarily in firms focused on clinical-stage biopharmaceutical products, early-stage medical devices, and molecular diagnostics.
NLV Partners managing directors Philippe Chambon and Kathy LaPorte said, 'We are very excited by the closing of our first fund and are grateful for the strong support from an outstanding group of limited partners. With the formation of NLV Partners, we have now created one of the very few venture firms 100 per cent dedicated to the life sciences, which will allow us to play a significant role in supporting innovative companies in this sector. We plan to continue the successful healthcare technology investment strategy that we followed at Sprout Group and look forward to an active investment program in the months to come.'
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