Bernard Vaughan
Over the last 18 months, one of the most acquisitive private equity-backed companies has been inVentiv Health Inc., a provider of marketing, public relations and clinical services to pharmaceutical, biotechnology and medical device companies. Thomas H. Lee Partners took the company private in 2010 for about $1.1 billion. The company has completed no less than eight […]
Seven Mile Capital Partners, a new private equity firm that assumed a portfolio of investments from Citigroup Inc., is in the preliminary stages of raising its first fund under its new banner, Buyouts reported Friday. The firm’s executives are talking to potential investors and have not yet decided on a target or issued a private […]
ACON Investments has raised $400 million so far for its latest fund, sister publication Buyouts reported, citing a source close to the effort. The haul puts the Washington, D.C-based firm well on its way to its $600 million target. The firm started reaching out to potential new investors for the fund, ACON Equity Partners III […]
Sun Capital Partners has agreed to sell Del Monte Canada, a collection of Canadian food businesses it bought from Kraft Foods Inc. back in 2006, to ConAgra Foods, generating one of the firm’s best returns ever. The sale generated more than 40x Sun Capital’s invested capital, which includes a dividend recapitalization executed in 2009, according […]
It appears there might be a new buyout shop in Philadelphia. Skip Maner, one of four managing principals at Inverness Graham Investments, another buyout shop based outside of Philadelphia, is now at a firm called Parkes Run Capital, according to his LinkedIn account. Parkes Run is “a private equity firm focused on lower middle market […]
Arsenal Capital Partners has decided on its fundraising target for its third fund. The New York-based firm will try to raise $750 million, and will likely kick off fundraising sometime in the spring of this year, Buyouts reported yesterday, citing a source close to the firm’s planning. The firm, which has been pre-marketing the fund […]
Fenway Partners, once considered a premier mid-market buyout firm, is undergoing a dramatic personnel and strategic shift as its executives work through a challenged portfolio and try to put themselves in a position to raise a new fund, Buyouts reported in its Jan. 2 edition. Though its founders remain in place, several executives have left […]
Arsenal Capital Partners has bought Fluoro-Seal, a company that coats plastic bottles, containers and fuel tanks with a protective barrier, Partner John Televantos told sister magazine Buyouts. New York-based Arsenal Capital put up between $30 million and $60 million of equity for the Houston-based company, which generates EBITDA in the “mid-teens,” Televantos said. Arsenal Capital paid […]
Hamilton Robinson Capital Partners LLC generated a healthy return in its sale of Davis-Standard, a company that makes machines that make plastic packaging, to ONCAP, a company owned by the publicly traded Canadian investment firm Onex Corp., sister magazine Buyouts reported earlier today. The Stamford, Conn.-based buyout firm sold the company to ONCAP for $189 […]
Linsalata Capital Partners has held an additional close on its sixth buyout fund, bringing its total commitments to $413 million, sister magazine Buyouts reported earlier today, citing a senior executive familiar with the fundraising effort. The Mayfield Heights, Ohio-based buyout shop is thus fast approaching its target of $425 million for the fund, Linsalata Capital […]