TSG Consumer has taken a minority stake in Rebecca Minkoff, the designer known for her "Morning After Handbag."
This morning's peHUB First Read covers the alleged shame in working at Goldman, why you need to watch what you tweet when you work on the Street and at long last, NYC has a QB who makes Eli Manning look downright hip.
Payment processor Vantiv priced shares in its $500 million initial public offering at the midpoint of its expected range, writes Reuters. The Cincinnati, Ohio-based company sold 29.4 million shares, as planned, at $17 each, against a $16 to $18 range. Private equity firm Advent International owns a 51 percent stake in Vantiv and regional bank […]
Discount chain store operator Five Below, owned by private equity firms Advent International and LLR Partners, is in talks about an initial public offering, according to Reuters. The Philadelphia-based company has already hired part of its underwriting team, writes Reuters. Reuters – Discount chain store operator Five Below, which is owned by private equity firms […]
Align Networks, which is backed by General Atlantic, is merging with Universal SmartComp, which is a portfolio company of The Riverside Co. Financial terms weren’t disclosed. The combined company will operate under the Align Networks brand name and be led by Align CEO and President Butch Hofstetter. Both General Atlantic and Riverside will remain investors […]
After seven years, the former Bear Growth Capital Partners is selling New Chapter, a vitamin provider, to Procter & Gamble.
The Canada Pension Plan Investment Board (CPPIB) yesterday announced that it’s delving deeper into the Vancouver real estate market, acquiring a 50 percent interest in two downtown Vancouver office properties whose total valuation is $230 million. Oxford Properties — the real estate investing arm of OMERS, the Ontario Municipal Employees Retirement System, another major Canadian […]
A fund affiliated with Apollo Global Management said it will acquire the Irish consumer credit card portfolio of Bank of America Europe Card Services. The transaction, terms of which were not disclosed, will preserve about 250 jobs in Ireland, Apollo said in a statement. (Reuters) – A fund affiliated with Apollo Global Management LLC said […]
South Korean state oil firm Korea National Oil Corp. said a consortium led by private equity firm Apollo Global Management, of which it is a part, will buy U.S.-based El Paso Corp.‘s oil and gas business for $7.15 billion. Kinder Morgan Inc. is selling off the assets as part of its $21 billion deal to […]
Indonesia-focused private equity firm Saratoga Capital and two other investors have launched a sale of their 315 million shares in telecom tower firm PT Tower Bersama Infrastructure to raise up to 913.5 billion rupiah ($100 million), Reuters wrote Wednesday. (Reuters) – Indonesia-focused private equity firm Saratoga Capital and two other investors have launched a sale […]