Private equity IPOs have been sparse compared to venture capital-backed companies' offerings--but the Blackstone-backed Michael's Stores S-1 could mark the beginning of a change, when it comes.
Several private equity firms have lined up to invest in mortgage providers and servicers in recent weeks, suggesting more firms are eager to get back into a much maligned sector as it staggers out of the Great Recession,Buyouts reports in its March 26 edition. In less than a week, between March 9 and March 14, […]
Access Intelligence, which is backed by Veronis Suhler Stevenson, has acquired LeadsCon. Financial terms weren’t disclosed. LeadsCon provides educational and networking conferences. PRESS RELEASE Integrated media company Access Intelligence announced today the acquisition of LeadsCon, which serves the online lead generation industry through two preeminent conferences and other best-in-class content offerings for lead-generation marketers. With […]
While much of the focus of the JOBS Act has been on its impact on entrepreneurs, the bill also could have significant effects on buyout shops, lawyers say.
Rock Hill Capital Group has acquired a majority stake in Diversified Well Logging, a leading provider of mud logging services, equipment, personnel and technology to the onshore and offshore oil and gas exploration and production industry. Terms of the deal were not released. PRESS RELEASE Rock Hill Capital Group (Rock Hill) today announced that it […]
China-based telecom software maker AsiaInfo-Linkage Inc., evaluating an offer from a CITIC Capital unit to take it private, said it will solicit similar proposals from others, Reuters wrote Monday. AsiaInfo received an offer from Power Joy Ltd., a unit of CITIC Capital, in January to acquire all of its outstanding shares. Financial details of the […]
Energy management company Comverge Inc., which has been exploring strategic alternatives for over a year, said it will be taken private by H.I.G. Capital in a $49 million cash deal. The $1.75 per share offer price is a 7% discount to Comverge’s Friday close of $1.88. (Reuters) – Energy management company Comverge Inc , which […]
Chicago-based buyout shop Wind Point Partners has exited its investment in Santa Maria Foods. The firm is selling the company to Sofina Foods. Terms of the deal were not released. Wind Point acquired Santa Maria in 2007. PRESS RELEASE Wind Point Partners, a private equity investment firm based in Chicago, announced today that it has […]
Birds Eye Iglo, the frozen foods business bought out of Unilever by the private equity group Permira, is joining the shopping trolley of food assets up for sale, the Financial Times reported on Monday. A sale is expected to raise approaching 3 billion euros, according to the article. (Reuters) – Birds Eye Iglo, the frozen […]
Berry Plastics, owned by Apollo Global and Graham Partners, has filed for an IPO that could raise as much as $500 mln.