Bernard Vaughan
Jay Jordan has been a low-key, respected buyout pro for more than 30 years. The conservative (he hates excessive leverage), decidedly old-school (he doesn’t e-mail) dealmaker began his career in the 1970s at Carl Marks & Co. In 1982 he co-founded The Jordan Company, which has sponsored more than 400 acquisitions, including add-ons. Currently, the […]
EDG Partners, which buys small health care companies, is trying to raise $150 million for its debut fund, a source close to the fundraising told Buyouts. The Arlington, Va.-based firm has so far raised $92 million through two closings, the source said. Touchstone Group LLC, a New York-based placement agency, is assisting. EDG Partners, which […]
Siris Capital Group, the buyout firm that spun out of SAC Capital Advisors early this year, is raising its first fund without help from the hedge fund’s controversial leader Steven Cohen (pictured), Buyouts reported earlier today, citing three sources. Cohen offered to back away from the firm’s efforts some time in the spring, when he […]
CCMP Capital Advisors LLC, the former affiliate of JPMorgan Chase & Co., expects to start raising its third buyout fund some time next year, Buyouts reported Tuesday, citing two sources familiar with the firm’s plans. Executives have been developing relationships with sovereign wealth funds as they continue to replace JPMorgan as a source of capital. […]
Fresh off his firm’s first foray into the shipping business, turnaround guru Wilbur Ross (pictured) said his firm is interested in other segments of the industry as well, Buyouts reported Monday. WL Ross & Co. joined a consortium of investors that has agreed to help Diamond S Shipping buy 30 vessels that carry refined oil […]
Sycamore Partners, the firm started by two former professionals at Golden Gate Capital that’s raising its debut fund, has taken a 9.9 percent stake in women’s clothing retailer The Talbot’s Inc. for about $21.6 million, according to a regulatory filing. Talbots has struggled in recent years to change its stuffy image, and some investors have […]
Goode Partners LLC, the consumer-focused shop that recently helped take Skullcandy Inc. public, is seeking capital for its third second fund, Buyouts reported, citing a source familiar with the effort.
David Lowe has left Friedman Fleischer & Lowe LLC, the San Francisco buyout shop with $2.5 billion under management that he helped establish in the late 1990s, Buyouts reported earlier today, citing to several sources. A source at one limited partner told Buyouts that the firm told LPs around May 2010 that Lowe would be […]
SK Capital Partners is in the fundraising market, looking to raise as much as $500 million for its third fund, according to three sources. The target for the fund is $400 million, and the hard cap is $500 million. The fund placement group of UBS is helping the New York-based firm. Investors, who generally like […]
Thoma Bravo LLC announced an agreement July 19 to sell Flexera Software, a company that provides software licensing services, in a deal that promises to generate a return of close to 5x, according to Orlando Bravo (pictured), a managing partner at the Chicago-based buyout shop, sister magazine Buyouts has reported. Flexera is the third exit announced […]