Chicago-based private equity firm Madison Dearborn Partners has backed QuickPlay Media Inc., a provider of cloud-based infrastructure technology, with $100 million. Madison Dearborn and QuickPlay’s employees own substantially all of the eight-year-old company, the firm said in a press release. A limited number of minority shareholders including Toronto-based Difference Capital Inc. will remain part of […]
Hi-Crush Partners LP filed with U.S. regulators on Monday to raise up to $200 million in an initial public offering of its common units. The Monroe County, Wisconsin-based company produces a type of sand called “proppants,” used in a process called fracking in the oil and gas industry. The proceeds from the IPO will be […]
Software security company Palo Alto Networks and online travel service company Kayak Software Corp. set the expected price ranges for their initial public offerings, prodded by a successful debut by IT software company ServiceNow Inc., Reuters wrote. Palo Alto Networks on Monday said it expects to sell 6.2 million shares between $34 and $37 each. […]
Fender Musical Instruments Corp., whose guitars have been used by music legends including Jimi Hendrix and Eric Clapton, said it expected its initial public offering of 10.7 million shares to be priced between $13 and $15 each. At the midpoint of the range, the IPO will raise about $150 million. The company, which makes the […]
A fresh sense of dealmaking excitement should permeate Idaho's mountain air next week when media and technology moguls descend on remote Sun Valley for their annual conference, which in recent years has been as sleepy as the town for which it is named.
Adecco Group North America, mobile communications network services and staffing solutions provider, has been sold its Glotel North America to The Gores Group Small Capitalization Partners fund. Based in Chicago, Glotel is a mobility operations, expansion and integration services provider. PRESS RELEASE: The Gores Group Completes Acquisition of Glotel North America LOS ANGELES–The Gores Group, […]
Bausch & Lomb, the eye care company that was taken private at the height of the past LBO boom, could soon file paperwork to go public, according to a report in the Wall St. Journal. Bausch & Lomb was acquired for about $4.5 billion in 2007 by Warburg Pincus. REUTERS STORY: (Reuters) – Bausch & […]
Coming on the heels of its mega-Alliance Boots deal, listed pharmaceuticals retailer Walgreen Co. said it will buy regional drugstores from Stephen L. LaFrance Holdings. The deal brings Walgreen another 144 US stores and cost about $438 million. REUTERS STORY: (Reuters) – Walgreen Co said on Thursday it plans to buy regional drugstores from Stephen […]
Wynnchurch Capital of Montreal has joined forces with the Caisse de dépôt et placement du Québec to make an equity investment in Groupe Moreau, a Quebec-based contractor specializing in electrical, structural, piping and mechanical services in the industrial sector. Terms of the deal were not disclosed. PRESS RELEASE: Wynnchurch Capital has joined forces with the […]
London-based Asante Capital, a private equity placement agent, has hired Parik Chandra as an associate in London. Chandra joins from Barclays, where he was a director within Barclay’s corporate banking and real estate restructuring team. PRESS RELEASE: Asante Capital, the global private equity placement agent, has hired Parik Chandra as an Associate in London as […]