VENTURE CAPITAL POST

Hellman & Friedman purchased Renaissance Learning, a learning analytics firm, in a cash deal worth $1.1 billion less than a month after it closed a $40 million round led by Google Capital, TechCrunch reported.

Deutsche Telekom announced on Thursday that it would be selling its 70 percent stake of Scout24 to the SF-based Hellman & Friendman group while still retaining a 30 percent stake. The deal is worth 2 billion EU.

Deutsche Telekom is nearing an agreement to sell 70% of its stake in German online-classifieds business Scout24 holding. It will be sold to private equity firm Hellman & Friedman in a deal that would value the business at EUR2 billion.

French companies GDF Suez and Total and American private equity firm Hellman & Friedman were planning a public offering for jointly-owned Gaztransport & Technigaz (GTT). The IPO could value GTT at up to USD2.4 billion.

Carlyle Group LP and Hellman & Friedman LLC were among other private equity companies that had been vying to acquire One Call Care Management Inc. for a deal valued USD1.5 billion.

Total and Hellman & Friedman planned to sell 30% of their stakes in GTT, maker of cryogenic hull linings through an initial public offering.

According to sources, Hellman & Friedman is set to interview banks next week to choose underwriters for the said IPO.