Dan Primack
Well, it was bound to happen: I just got my first phone call from a reporter who wanted to know about Mitt Romney’s track record as a private equity investor. For context, please understand that the first time I ever heard of Mitt Romney was when he decided to run for U.S. Senate against Ted […]
Bob Fitzsimmons has left his managing partner post with The Riverside Company, in order to form a new small-market LBO firm with fellow Riverside alums William Connell and Jeffrey Goodrich. The firm is called High Road Capital Partners (website here), and already is scoping out its first deals. 1. Why did you decide to leave The […]
I was on CNBC this morning for a 2007 buyout market outlook segment (video link here), but we ended up mostly talking about whether or not Home Depot will go private. For the record, I think there is better than a 50/50 chance of Home Depot receiving a bid – and a similar likelihood that […]
Changes continue over at Garnett & Helfrich Capital, the tech-focused “venture buyout” firm that is gearing up to raise between $700 million and $750 million for its second fund. Last month, we reported that firm co-founder Terry Garnett is planning to move (for at least a year or two) from Silicon Valley to London. Something […]
My colleagues at Buyouts Magazine are putting the finishing touches on their latest issue, which will include a vast smorgasbord of 2006 data and analysis. In the meantime, they’ve sent over a few tasty nuggets. First up is disclosed LBO deal volume, which comes in at $314.78 billion for 316 transactions (including leverage). There also were 691 deals with undisclosed […]
In a nifty piece of sports analogizing, reader Jason Sowers submits the following outlook on 2007: Tom Brady – He is always great but never fancy, backbone of the team, pro bowler every year (… or should be) Trend: This is easy, RSS. Although RSS clearly had a huge 2006, I think 2007 will be […]
As I begin to hoist myself back into the saddle (email is a curse), take a gander at the first set of year-end 2006 data from the National Venture Capital Association and Thomson Financial. This one is VC-backed IPOs and M&A volume: Q406exitpoll_final.doc
I’ll be off for the next week, visiting the in-laws in Costa Rica (yes, life is hard). Alex Haislip will hold down the fort in my absence, after which I’ll return tanned, rested and ready to blog. Thanks to everyone who has checked out peHUB over its first six weeks of life, and I look forward […]
Just clearing off the desktop… * Download audio files of my keynote interview of John Connors, a partner with Ignition Partners and the former CFO of Microsoft, from the VentureNorthwest event in Portland, Oregon: https://www.oef.org/blog/?p=87 * Quarterly Review from the Emerging Markets Private Equity Association: EMPEA.pdf * Private equity consultant RFP for Illinois TRS: IllinoisTRS.doc […]
Hilton Hotels may draw buyout bids in the New Year, according to Merrill Lynch analyst David Anders… Forgive my redundance, but PLEASE MAKE IT STOP.