MERGERS AND ACQUISITIONS

Halifax Corp., a government contractor in Alexandria, bought AlphaNational Technology Services Inc., a hardware maintenance company in Texas, for $1.82 million cash, stock and debt.

PRIVATE EQUITY

ObjectVideo Inc., a Reston software company, sold $11 million in Series C preferred stock to 40 investors, according to a filing with the Securities and Exchange Commission. The company had already sold $6.76 million of the Series C stock, according to a July SEC filing. Venture firms Updata Venture Partners, General Atlantic Partners LLC, ABS Ventures, CMGI and Novak Biddle are listed as beneficial owners. Proxicom Inc.'s founder, Raul J. Fernandez, is chief executive of ObjectVideo.

Carlyle Mezzanine Partners LP, a mezzanine finance fund sponsored by Washington's Carlyle Group, raised $99.5 million, of a planned $400 million, of partnership units from 34 investors, according to a SEC filing. Mezzanine financing straddles the line between straight equity and debt, usually taking the form of preferred stock or senior subordinated debt with stock warrants.

Updata Partners III, the third venture fund sponsored by Reston's Updata Partners, had its first close on the fund, raising $84.7 million, from 17 investors, of a planned $154.5 million fund, according to a SEC filing.

Metastorm Inc., a Columbia software company, sold $18 million of Series AA convertible preferred stock to 10 investors, according to an SEC filing. Mayflower LP, Axiom Venture Partners, Sandler Capital Partners, Wall Street Technology Partners, UBS Capital, Ironside Ventures and Riggs Capital were listed as beneficial owners. The filing said the money went to repay debt.

Fidelity & Trust Financial Corp., which owns Bethesda commercial bank Fidelity & Trust Bank, sold $3 million in common stock to 16 investors, according to a SEC filing. Fidelity will use the cash to add to its capital base, the filing said.

IXI Corp., a McLean provider of a Web-based system used by financial planners and stockbrokers to target prospective clients, has sold $8.9 million in stock and warrants to 14 investors, according to an amended filing with the SEC. Blue Chip Venture Co. in Cincinnati was listed as a beneficial owner of IXI.

American Capital Strategies Ltd. of Bethesda invested $24 million in the buyout of Weber Manufacturing Ltd., a Canadian manufacturer of specialty molds for the automotive, aerospace and building products industries. American Capital bought senior subordinated debt and preferred and common equity. Bank of Nova Scotia provided a credit facility and a senior term loan. TMB Industries and Weber's management are also investing in the equity. American Capital will own about 90 percent of Weber on a fully diluted basis.

MaggieMoo's International LLC, a Columbia franchiser of ice cream shops, sold $450,000 in membership interests with warrants to eight investors, according to an SEC filing.

Compiled by Terence O'Hara.