Littlejohn & Co. has put an undisclosed amount into Howard Berger Company, a designer, marketer, and supplier of branded and private label hardware and houseware-related products. Howard Berger is based in Cranbury, N.H. Littlejohn & Co. is a Greenwich, Conn.-based private equity and distressed securities firm. PRESS RELEASE Littlejohn & Co., LLC, a private […]
Australia’s Colonial First State asset manager has agreed to buy Digita, the Finnish arm of private equity backed French broadcasting group TDF, Reuters reported Monday. The companies did not disclose the value of the deal, which sources told Reuters earlier could have valued the Finnish terrestial TV network operator at up to 400 million euros […]
Private equity group BC Partners has agreed to buy German vitamins and generic prescription drugs maker Aenova from Bridgepoint , the investors said in a joint statement on Monday. A price tag was not disclosed, but a source close to the transaction said BC Partners paid roughly 500 million euros ($617 million), of which half […]
They're a bunch of mattress-backers, all right: in a secondary PE swap, National Bedding will be shacking up with some new LBO shops as owners.
The word last week was fundraising—there were plenty of eager readers trying to figure out who’s up and who’s down in the LP game. PeHUB charted some of this week’s winners and losers and you can run it back in the Top 10.
Getting you started early for the work week, peHUB's First Read covers money laundering, fundraising and Steve Jobs' vision for the mini-iPad.
KSL Capital Partners, the New York and Denver private equity firm that has struck deals at ski resorts lately, just acquired The Belfry, a hotel and golf resort in Wishaw, Sutton Coldfield, North Warwickshire, England. Specifics of the transaction were not publicized. The PE firm is planning a renovation of the property. PRESS RELEASE: KSL […]
Private equity firms looking to get out of investments in China have found one exit strategy muddied, so they're increasingly pursuing M&A instead to get out of old deals.
Cranbury, New Jersey-based Howard Berger Co., a maker of private label hardware and housewares, has taken an unspecified investment from Littlejohn & Co., the Connecticut-based private equity firm. Howard Berger Co. was founded in 1971 and has been grown via M&A. PRESS RELEASE: Littlejohn & Co., LLC, a private investment firm based in Greenwich, CT, […]
The Carlyle Group will likely more than make back its investment after Booz Allen's $1 billion dividend.