Standard Chartered‘s private equity arm expects to close a $100 million private equity deal in the Gulf Arab region before the end of this year, writes Reuters. The British investor in mid-market deals last year bought a minority stake in family-owned Saudi Binladin Group’s unit for $75 million. The bank also completed a $75 million […]
Today's peHUB First Read asks if Instagram is another boy's club tale, gets to the bottom of why the UK is gassy and checks into the PE debt updates.
Brooks, Houghton & Co., a New York-based bank serving middle market and emerging growth companies, announced today that it acted as the exclusive advisor to Memorial MRI & Diagnostic Center in the recapitalization of the company to Baymark Partners, a Dallas-based private equity firm. Terms for the Houston-based company were not disclosed. PRESS RELEASE: Brooks, […]
MTS Health Investors, a New-York based healthcare private equity firm, announced today that it has partnered with the physician owners of Florida Gulf-to-Bay Anesthesiology Associates to recapitalize the business and provide capital to support future growth. Management, led by President and CEO Devanand Mangar, will retain a significant stake in the company. Terms of the […]
On the heels of the merger of two Virginia-based companies — XL Inc, a global acquisition, grants, and professional services company, with Alon, which assists federal customers with program management and other financial management services — the combined company, XL, has appointed a new president and COO: William Weber, who joins from Kaseman, a government-services […]
Sentinel Capital Partners, a New York-based private equity firm focused on middle market companies, has acquired a Chicago-based caster manufacturer called the Colson Group from the Pritzker family. Terms of the deal were not disclosed, but Colson — which operates 35 manufacturing and distribution facilities in 15 countries, where it produces wheels for heavy objects […]
The Carlyle Group is in talks to buy a 335,000 barrel per day refinery from Sunoco
Think this one through, David. You haven't gone public yet. You don't have to do this...
CVC Credit Partners is taking on a Goldman Sachs veteran in Stephen Hickey, who will become a member of the firm’s management committee, a well as partner and chief risk officer. CVC Credit Partners is an affiliate of CVC Capital Partners. At Goldman, Hickey held various senior roles, including global head of leverage finance. PRESS […]
Carlyle Group-owned AvanStrate, a Japanese maker of glass used for liquid crystal displays, has cancelled plans for a $266 million initial public offering, pulling its IPO for the second time in a year, writes Reuters. Carlyle bought AvanStrate in 2008, at the end of the boom in global leveraged finance deals. Reuters – Carlyle Group-owned […]