Exit watch, Aug. 13, 2007

Hearst buys the whole Kaboodle

Hearst Corp.

has agreed to acquire Kaboodle Inc., a Santa Clara, Calif.-based online social shopping community. No financial terms were disclosed. Kaboodle had raised about $8.7 million in VC funding since its 2005 inception from such firms as Shea Ventures, Garage Technology Ventures and Alpha Group. Angel backers include Ron Conway and Rajeev Motwani.

Blackbaud sews up deal for eTapestry

Blackbaud Inc.

(Nasdaq: BLKB) has acquired eTapestry, an Indianapolis-based provider of SaaS fund-raising solutions for nonprofits. The deal is valued at about $24.8 million, plus up to $1.5 million in stock earn-outs. Etapestry raised a $6.5 million Series A round in 2000 at an $18 million post-money valuation from such firms as Gazelle TechVentures and HarbourVest Partners.

F5 acquires Acopia

F5 Networks Inc.

(Nasdaq: FFIV) has agreed to acquire Acopia Networks Inc., a Lowell, Mass.–based provider of intelligent file virtualization solutions. The deal is valued at $210 million in cash, and is expected to close on Sept. 14. Acopia has raised about $85 million in VC funding since 2002 from such firms as Accel Partners, Charles River Ventures, Goldman Sachs, Meritech Capital Partners, Star Ventures and Vesbridge Partners.

CBS pays $43M for sports site MaxPreps

CBS Corp. (NYSE: CBS) paid $43 million to acquire MaxPreps earlier this year,according to its Q2 regulatory filing. MaxPreps is a Cameron Park, Calif.–based provider of high school sports information and media services. It had raised about $12 million in VC funding from such firms as Dolphin Equity Partners, BEV Capital and DFJ Frontier.

New Mountain buys Oakleaf

New Mountain Capital

has agreed to acquire Oakleaf Global Holdings Inc. from Charterhouse Group for $655 million. Oakleaf is an East Hartford, Conn.-based asset-light provider of outsourced waste logistics solutions. Charterhouse, and an undisclosed investor, acquired the company in 2003 for more than $31 million. Charterhouse helped Oakleaf finance six add-on acquisitions in the last four years. Robert W. Baird advised Oakleaf on the deal, which is expected to close later this month.

McDonald’s sells Boston Market

McDonald’s Corp.

has agreed to sell its Boston Market restaurant chain to Sun Capital Partners for an undisclosed amount. Boston Market, originally called Boston Chicken, was acquired in 2000 for $173.5 million as part of a McDonald’s initiative to diversify its business. Now the chain has 630 restaurants in 28 states. Sun Capital has a portfolio that also includes bakery chain Bruegger’s Enterprises, Garden Fresh salad restaurants and cheese-and-meat retailer Hickory Farms.

Lime Rock sells PSL Energy

Lime Rock Partners

has sold PSL Energy Services to Halliburton (NYSE: HAL). No pricing terms of the all-cash transaction were disclosed. PSL is a U.K.-based provider of solutions for wells, process and pipeline services in the oil and gas industry. Lime Rock and a management team led by Doug Duguid acquired the company out of receivership in May 2003.

Carlyle sells aero-related businesses

The Carlyle Group

has completed its $1.9 billion sale of both Landmark Aviation and Standard Aero to Dubai Aerospace Enterprise. Tempe, Ariz.-based Landmark provides aircraft maintenance services, while Winnipeg-based Standard Aero provides repair services at airport terminals. Doughty Hanson was also a Standard Aero shareholder.