Film producer Peter Guber has joined the bid for the Los Angeles Dodgers baseball team as part of a group led by Magic Johnson, Reuters reported, citing the Los Angeles Times. The baseball team filed for bankruptcy protection in June last year. It owner, real estate developer Frank McCourt, has been evaluating prospective bids for […]
Private equity firm Carlyle Group filed with US regulators to add 18 underwriters to the list of managers of its proposed initial public offering, writes Reuters. The company added Barclays Capital, Goldman Sachs, Morgan Stanley, Deutsche Bank, BoFA Merrill Lynch, UBS and 12 others to its underwriters for the IPO. Reuters – Private equity firm […]
Allison Transmission Holdings has sold more shares than expected in a $600.3 million initial public offering that priced within range on Wednesday, writes Reuters. The Indianapolis-based maker of automatic transmissions for trucks, buses and military vehicles was sold by General Motors to private equity firms Carlyle and Onex in 2007 for $5.6 billion. Reuters – […]
Taldan Capital has acquired Teledata Networks, a division of publicly traded Enablence Technologies. Terms were not released. Teledata is a provider of network access technologies of IP, Ethernet, xDSL, GPON and VoIP to telecom operators. Taldan Capital is a private equity firm based in San Francisco and Tel-Aviv. PRESS RELEASE Taldan Capital, a special situation […]
Main Street Capital Corp. said Wednesday that it invested in AmeriTech College Operations. The $6.8 million consisted of first lien, senior secured debt. Salt Lake City, Utah-based AmeriTech is a college that provides healthcare training programs such as nursing, medical assisting and medical billing. PRESS RELEASE Main Street Capital Corporation (NYSE: MAIN) (“Main Street”) announced […]
Demandware said late Wednesday that it priced its IPO at 5.5 million shares at $16 each. The company is expected to begin trading on NYSE under the ticker “DWRE.” Underwriters on the deal have the option to buy another 825,000 shares. Goldman Sachs and Deutsche Bank are joint-book runners on the deal. PRESS RELEASE Demandware, […]
The healthcare space--despite lingering uncertainty over how U.S. legislation will be executed--continues to get interest from PE firms. This time, it is TPG Capital.
Levine Leichtman Capital Partners, a Los Angeles-based private equity firm, has acquired Tronair in a management buyout transaction. Tronair is based in Holland, Ohio and is a provider of ground support equipment for business, commercial and military aircraft. PRESS RELEASE Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced today that it […]
The Hub doses its readers with a little Tribe, the author gets jealous over someone else's great scoop, and bank M&A.
In 2010, Thoma Bravo, Ontario Teachers' put $280 mln equity into their buy of SonicWall. Today, Dell said it was acquiring SonicWall in a deal valued at $1.2 billion.