GE Antares, a Chicago-based unit of GE Capital, provided a $405 million senior credit facility to support Leonard Green & Partners’ acquisition of Tank Holdings, a manufacturer of rotational polyethylene and steel storage tanks and containers. Leonard Green is an L.A.-based private equity firm. PRESS RELEASE: GE Antares, a unit of GE Capital, announced today it […]
French real estate company Gecina said on Tuesday that it had agreed to sell a portfolio of 28 logistics assets to private equity firm Blackstone for $245.97 million, unloading almost all of its logistics portfolio. REUTERS: French real estate company Gecina said on Tuesday that it had agreed to sell a portfolio of 28 logistics […]
SecureNet, a Rockville, Md.-based maker of payment processing software, has raised $18 million in growth financing led by the private equity firm Sterling Partners. PRESS RELEASE: SecureNet Payment Systems, a leader in payment processing technology, announced today that Sterling Partners, a leading growth-oriented private equity firm with approximately $5 billion in assets under management, has […]
Peter Liguori, an entertainment industry veteran who was most recently COO of Discovery Communications, has joined Carlyle Group in a consulting role on behalf of its New York-based telecommunications and media team. PRESS RELEASE: Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced that Peter Liguori, an entertainment industry veteran who was most […]
There’s a new fund of funds on the scene. It’s called Institutional Global Investors, and its focus is on China and emerging Asia.
CD&R makes 3.4x its money with its Sally Beauty Investment
Retail plays are ever-hot, and TPG is trying to wait out Billabong for a deal in the surf.
Private equity firms Carlyle Group and BC Partners have joined forces and are in advanced talks to buy United Technologies Corp.‘s industrial businesses, in a deal that could be valued at more than $3.5 billion, Reuters wrote Tuesday. The private equity consortium has emerged as the leading candidate to buy the pump and compressor businesses […]
Clayton, Dubilier & Rice said Monday that it received $1.9 billion in total proceeds from its 2006 investment in Sally Beauty Holdings. CD&R invested $571 million when it acquired a roughly 47.5% holding in Sally Beauty in 2006. CD&R’s investment was made during a leveraged spinoff from Alberto-Culver. Since last October, the PE firm has […]
Financial Transaction Services, which is backed by FTV Capital, has acquired Marathon Solutions. Financial terms weren’t announced. Mission, Kansas-based Marathon provides electronic payment processing solutions. Douglas Hubert, of CBIZ Mergers & Acquisitions Group, advised Marathon while Polsinelli Shugart provided legal advice. PRESS RELEASE Financial Transaction Services (FTS), a full-service provider of electronic transaction services, announces […]