MERGERS AND ACQUISITIONS
SafeNet Inc., a Belcamp, Md., company that provides secure, virtual private network technology, agreed to buy Eracom Technologies AG of Australia for about $25 million. Sherman Sterling LLP advised SafeNet on the transaction.
TVI Corp., a Glenn Dale supplier of temporary shelters, bought SafetyTech International Inc., a Frederick-based company that makes respirators for chemical, biological, radiological and nuclear protection, for about $16.9 million.
Ruesch International Inc., a Washington provider of international payment services, bought Omaha-based Trancentrix Inc., a payment services company. Terms were not disclosed.
Take-Two Interactive Software Inc., a New York computer game company, bought Firaxis Games, a Hunt Valley, Md., game development studio. Terms were not disclosed.
American Public Education Inc., a Charles Town, W.Va., online university, sold $17.75 million of Class A common stock to 10 investors, according to an SEC filing. Investors include ABS Capital Partners and Camden Partners LLC of Baltimore. The money will be used to buy existing stock held by another person, according to the filing.
Baseball Enterprises LLC, a Baltimore company formed by former Oriole Cal Ripken Jr. "to invest in the business of acquiring, owning, operating and managing minor league professional baseball teams," sold $2.35 million of limited partnership interests to eight investors, according to an SEC filing. The filing indicated that the company plans to raise up to $12 million.
Compiled by Terence O'Hara and Bloomberg News.