Less than two years after buying Aspen Dental, Leonard Green is getting a paid via a $127 mln dividend. Also, Ares and CPPIB have put in at least $636 mln equity into $1.6 bln buy of 99 Cents Only Stores, according to S&P.
Ferrovial, the owner of British airports operator BAA, has whittled down the shortlist of bidders for its Edinburgh airport to four and will accept final offers in early April, Reuters wrote Tuesday. Global Infrastructure Partners, JP Morgan Asset Management and consortiums led by the Carlyle Group and 3i have made it to the second round […]
Misys, the British banking software company that is in talks about merging with its Swiss peer Temenos, received a rival approach from Vista Equity Partners, Reuters reported Monday. The Financial Times had earlier on Monday reported that the private equity firm was lining up a 1.2 billion pounds ($1.9 billion) bid for the British company. […]
KKR & Co. and TPG Capital are among those eyeing a potential big for U.S.-listed AsiaInfo-Linkage Inc., Reuters reported Tuesday. A deal for the China software and IT company could be worth more than $1 billion. (Reuters) – Global private equity firms, including KKR & Co L.P. and TPG Capital , and strategic rivals, are […]
Capsalus Corp. has closed its buy of GeneWize Life Sciences. Financial terms weren’t disclosed. Fidelity Holdings, Wharton Equity Partners and Gene Elite were part of the investor consortium. GeneWize is a unit of GeneLink Biosciences, which specializes in consumer genomics. PRESS RELEASE Capsalus Corp. (OTCBB:WELL) has completed the acquisition of the stock of GeneWize Life Sciences, […]
After less than two years, Madison Dearborn agrees to sell TransUnion to GS Capital and Advent in a deal valued at more than $3 billion. The Pritzker family is also cashing out.
Sentinel Capital Partners has sold Inscape Publishing to John Wiley & Sons in a deal valued at $85 million. Minneapolis-based Inscape provides assessment and training products that develop interpersonal skills. PRESS RELEASE Sentinel Capital Partners, a private equity firm that invests in promising, lower middle market companies, today announced the sale of Inscape Publishing, a […]
Diamond Castle Holdings was considered among the hottest new buyout shops when its five founders left DLJ Merchant Banking to start the firm in 2004. Eight years later—and lacking one notable founder—the firm’s debut fund is struggling to live up to that promise, generating an investment multiple of just 1.15x and an internal rate of return […]
New York-based firm Centre Lane Partners has acquired Louisville Laminating, a developer, manufacturer, and supplier of metals-based packaging and laminated materials to the Tobacco, Wire & Cable, and Building & Construction markets. Terms of the deal were not released. The seller was Reynolds Packaging Group. Louisville Laminating is based in Louisville, KY. PRESS RELEASE Centre […]
Wynnchurch Capital, a middle-market buyout shop, has taken a stake in NSC Minerals Ltd. Terms of the deal, which closed in December, were not released. Based in Saskatchewan, NSC produces and distributes salt for highway de-icing, industrial, energy, construction, consumer and agricultural applications. PRESS RELEASE Wynnchurch Capital, Ltd. (“Wynnchurch”), a leading middle-market private equity firm […]