Spectrum Equity, which has invested in SurveyMonkey and Ancestry.com, searches for growth equity deals.
Private equity firm Carlyle Group is seeking to raise between $701.5 million and $762.5 million as the company presses on with an initial public offering (IPO) that is expected in early May, writes Reuters. Carlyle is expected to file an IPO registration document stating it is looking to sell 30.5 million units at between $23 […]
Better Capital‘s BECAP12 Fund LP has completed its second acquisition. The transaction comprises all of the secured debt and a 90% stake in UK-based fashion retailer Jaeger. The aggregate cost of the acquisition was 19.5 million pounds ($30.9 million). PRESS RELEASE Better Capital PCC Limited (the “Company”) is pleased to report that BECAP12 Fund LP […]
Vision Capital has acquired Vitopel from funds advised by DLJ Merchant Banking Partners and J.P. Morgan Partners. Vitopel is a producer of BOPP (bi-axially oriented polypropylene) film in Latin America, generating over $300 million of revenue in 2011. As part of the transaction, Vision Capital completed a debt restructuring led by Vitopel’s existing creditors, Credit […]
Japanese Able & Partners Inc., a holding company with real estate operations, said on Friday that it has agreed to be purchased by AC Corp. in a deal priced at 33 billion yen ($407 million). AC Corp, which is owned by Able & Partners’ chairman, will pay 580 yen per Able share in a management […]
CVR Energy Inc., which has been opposing Carl Icahn‘s $2.26 billion bid to buy the crude oil refiner, said it had held discussions with the billionaire investor regarding his offer and proxy fight, Reuters reported Friday. However, no confidential information was provided to Icahn, CVR said in a filing with the Securities and Exchange Commission. […]
Friday's peHUB First Read closes out the week with a bang: where carried interest tax hikes are getting shot down, how we can teach the SEC to do its job, and we introduce you to Dan the baboon.
Advantage Partners, the executive search firm, is adding Steve Price in Cleveland, Ohio, and James Hegret, who will also join the company’s Cleveland office. PRESS RELEASE: Steve Price Joins Advantage Partners, Inc. Specializing in Executive Search for Private Equity Portfolio Companies Cleveland, Ohio……Steve Price has joined Advantage Partners, Inc., an executive search and human capital […]
Private equity firm Leonard Green & Partners is considering a $2 billion deal to acquire Party City Holdings, the leading North American retailer of party goods and Halloween costumes, Reuters reported. The private equity firm was recently reported to be nearing completion on a $6 billion fund. STORY: (Reuters) – Private equity firm Leonard Green […]
PE sponsor Hellman & Friedman is heading for the exits... and restructuring firm AlixPartners is going along for the ride, sources tell Reuters.