Private equity firm Sycamore Partners extended the expiration date of its tender offer to buy Talbots Inc. by 14 days. Sycamore said in May that it would buy the women’s apparel retailer for $193.3 million, or $2.75 per share — a price that was lower than its previous offers. As of midnight New York time […]
All the biggest boldface names at the Carlyle Group have jumped on board for a number of different energy mezzanine plays--what remains unclear is, how much capital they'll be putting to use.
Australia’s largest poultry producer, privately held Ingham, with annual sales of A$2.1 billion ($2.14 billion), said on Monday investment bank Investec has been appointed to sell the business, a deal that could attract private equity interest. Hong-Kong based Affinity Equity Partners last year bought chicken firm Tegel Foods in New Zealand from private equity firm […]
Private equity, just like their strategic competitors, have been pushing major investments through the deal pipeline with the US Supreme Court's decision to uphold the Affordable Care Act.
Darden Restaurants agrees to buy Yard House from TSG Consumer for $585 million.
Restoration Hardware Holdings is eyeing a market debut in late summer or early fall, roughly a year after filing for a $150 million initial public offering, writes Reuters. Private equity firms Catterton Partners and Tower Three Partners, along with Restoration Hardware chief executive Gary Friedman, bought a controlling equity stake in Restoration Hardware in 2008. […]
Mitt Romney’s campaign takes blows on all sides from years of following due diligence procedures, PE shops’ portfolio companies accused of bad dentistry—PE’s paper trail keeps coming back to haunt it.
IPOs are developing a new bumper crop for 2012--and Highland Capital Partners is set to cash in on the deal.
Nordic Capital Fund VII is to acquire 55 per cent of Resurs Bank, Solid Försäkringar, Reda Inkasso and Teleresurs. The sellers are the families Westin, Schröder and Paulson. The Bengtsson family will stay on as co-owner together with Nordic Capital and will retain its current 45 per cent ownership. PRESS RELEASE Nordic Capital Fund VII […]
Prospect Capital Corporation has provided a $28 million senior secured loan to support the acquisition of Material Handling Services (TFS), by CI Capital Partners. Based in Holland, Ohio, TFS is a provider of brand-independent fleet management services to Fortune 1000 companies. PRESS RELEASE Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has provided […]