Irving Place Capital expects to begin fundraising toward the end of 2012 for its newest fund.
Private equity firm Navis said on Wednesday it has made an unconditional takeover offer for SEG International Bhd that values the Malaysian private tertiary education provider at 1.1 billion ringgit ($359 million), Reuters reported Wednesday. (Reuters) – Private equity firm Navis said on Wednesday it has made an unconditional takeover offer for SEG International Bhd […]
Private equity-backed EverBank Financial Corp. expects its initial public offering to raise as much as $350 million, valuing the lender at $1.6 billion, Reuters reported. The Jacksonville, Florida-based lender expects to sell about 25.2 million shares for between $12 and $14 each. The bank is backed by private equity firms TPG, Sageview Partners and New […]
Indian media group Network 18 is moving towards a US listing of its wholly owned online retail arm, HomeShop18, that could raise about $100 million, writes Reuters. The group is in talks with institutional investors, including private equity firms, to take up shares as part of the listing plan. Reuters – Indian media group Network […]
BTG Pactual and its shareholders raised 3.656 billion reais ($1.96 billion) in Brazil’s first initial public offering of an investment bank, writes Reuters. Partners, including US private equity firm JC Flowers & Co, raised $389 million in the offering. Reuters – BTG Pactual and its shareholders raised 3.656 billion reais ($1.96 billion) in Brazil’s first […]
Synova Capital, a UK lower middle market investor, is refinancing portfolio company CloudXL, with Clydesdale Bank providing new debt facilities. CloudXL is a provider of cloud based IT and network services to the SME sector. In April 2011, Synova completed the management buyout of Actimax and further two acquisitions were funded by Synova in 2011 […]
Norwest Equity Partners, a Minneapolis-based middle market private equity firm, has brought aboard David Ropp as an operating partner. Ropp who has served in both president and CEO positions at Dover Corporation, will focus on investment opportunities within the diversified industrials sector. PRESS RELEASE: Norwest Equity Partners (“NEP”), a leading middle market investment firm with nearly […]
Kana Software, a Silicon Valley-based customer service software company that has been majority owned by Accel-KKR since 2009, has completed its acquisition of Trinicom, a cloud-based Web customer service company in the Netherlands. Terms of the deal were not disclosed. PRESS RELEASE: KANA Software, Inc., a global leader of customer service solutions used by more […]
The Facebook IPO could now launch in June, according to CNBC.
Marsh & McLennan Companies has invested in Juniperus Capital Holdings. Financial terms weren’t announced. Juniperus is a Bermuda insurance asset manager that focuses on collateralized reinsurance and catastrophe insurance-linked securities. In January, Aquiline Capital Partners acquired a stake in Juniperus along with company management. PRESS RELEASE Juniperus Capital Holdings Limited (“Juniperus”), a Bermuda-based insurance asset […]