CVC Capital Partners said Tuesday that it would buy a majority stake in AlixPartners LLP as the restructuring and consulting firm looks to develop its services and expand geographically, Reuters wrote. The deal, whose terms were not disclosed, is expected to close this summer. (Reuters) – Private equity firm CVC Capital Partners Ltd will buy […]
Your net worth, piece by piece, Advent's chemical banking, and ShoeDazzle's potential fizzle.
Promus Equity Partners has acquired Illinois-based QCC. QCC was founded in 1951 by the late Richard C. Michalek and has remained in the ownership of his family until now. The business is a manufacturing services provider supporting companies such as Sauer-Danfoss, Parker Hannifin and Woodward. PRESS RELEASE Promus Equity Partners, LLC (“Promus”), headquartered in Chicago, […]
Monroe Capital has provided funding of a unitranche facility for the recapitalization of Consolidated Glass Holdings, a portfolio company of Grey Mountain Partners. Consolidated Glass Holdings is headquartered in Denver, Colorado. Its companies operate in the architectural, security, and custom glass and metal fabrication fields. PRESS RELEASE Monroe Capital LLC today announced the funding of […]
PetroLogistics, a producer of propylene from propane, expects its initial public offering of 35 million shares to be priced between $19 and $21 a share, according to Reuters. The Houston-based company is majority-owned by private equity firm Lindsay Goldberg and investment firm York Capital. Reuters – PetroLogistics LP, which produces propylene from propane, said it […]
Sunoco Inc. said on Monday it is in exclusive talks with private equity firm Carlyle Group on a potential joint venture for the refiner’s 330,000 barrel-per-day refinery, Reuters reported. Sunoco would put the refinery assets into the joint venture in exchange for a nonoperating minority interest in the venture, it said in a statement. (Reuters) […]
Middle-market deal makers appear to be feeling busier this quarter than in Q1. In our weekly poll, more than 68% of the 105 people who took the poll said deal making would pick up in Q2 after a lackluster first quarter.
Brian Vowinkel was appointed regional MD for Ascent Private Capital Management of U.S. Bank in Seattle. He reports to Michael Cole, president of Ascent Private Capital Management. Vowinkel previously headed his own firm, Ranger Select. PRESS RELEASE U.S. Bank, a leading provider of wealth management and private banking services,* announced today that Brian Vowinkel has […]
What global buyout shop will be looking to fundraise next for a mega fund? Think Apollo Global.
The Riverside Co. has recapped Baby Jogger. Financial terms were not announced. It’s not clear if Riverside Co. has aquired a majority or minority stake in the company. Richmond, Va.-based Baby Jogger designs and markets branded infant and juvenile products focused on baby strollers, bicycle trailers, and related accessories. John Neuner, Brent Spiller and Chip […]