Ropes & Gray represented CRC Health Group Inc. in its planned $1.175 billion acquisition by Acadia Healthcare announced Oct. 29. CRC is a California-based substance abuse treatment provider operating 120 facilities dedicated to the service of approximately 40,000 patients each day. The deal is scheduled to be completed in the first quarter of 2015. More >>

Goodwin attorneys recently advised Canaan Partners on its tenth fund, Canaan X, which raised $675 million of capital. The fund is reportedly the eighth largest venture capital fund raised in the United States in 2014, according to the National Venture Capital Association and Thomson Reuters, and will focus on early stage and seed stage investments. More >>

Goodwin attorneys recently advised marketing and sales software company, HubSpot, on its initial public offering of 5,000,000 common shares. Shares priced at $25 per share and trading began on October 9 on the New York Stock Exchange under ticker “HUBS.” More >>

Goodwin Procter recently advised Boston Private Bank & Trust, a subsidiary of Boston Private Financial Holdings (NASDAQ: BPFH), on its acquisition of substantially all assets and assumption of certain liabilities of Banyan Partners, LLC, an independent wealth management and registered investment advisory firm. In the transaction, Banyan’s wealth management business was combined with Boston Private Bank’s wealth management and trust division to create a new wealth management company with approximately $9 billion in client assets. The new company is headquartered in Boston and has offices in seven key regions, including New England, Northern and Southern California, Florida, Texas and Wisconsin. More >>

Cooley is advising NetScout Systems, Inc. on its definitive agreement to acquire the communications business of Danaher Corporation for $2.6 billion. According to The Wall Street Journal, the acquisition will create a global cybersecurity and IT management company.

NetScout is a market leading provider of performance analytics and operational intelligence solutions. Danaher is an industrial and health-care technology company, whose communications businesses specialize in protecting and improving network performance through testing, monitoring and threat protection. More >>

Goodwin Procter recently advised ProQR Therapeutics, a biopharmaceutical company, on its initial public offering of 8,625,000 ordinary shares. Shares priced at $13.00 per share and are traded on the Nasdaq Global Market under ticker symbol “PRQR.” Net proceeds from the offering are approximately $102 million. More >>

Millennial Media today announced that it has signed a definitive agreement to acquire Nexage for approximately $107.5 million in cash and stock, subject to certain adjustments. Based in Boston, privately held Nexage is a leading provider of Real-Time-Bidding (RTB) technology that helps to automate the buying and selling of mobile advertising. More >>