Hogan Lovells, a London-based law firm, announced Thursday that it advised Exponent Private Equity on the sale of Magicalia Media Ltd. to Immediate Media Co. No terms were released. The sale was completed on October 31.
Sycamore Partners has acquired a 51% stake in Mast Global Fashions, Limited Brands Inc.'s apparel sourcing division, Reuters reported. The private equity firm plans to run the sourcing and production business as a stand-alone company. Terms were not released. Limited will retain a 49% stake in the business.
After a rough patch, IPOs are back on track. The last quarter offered up fewer IPOs than any in recent memory, and October’s trajectory was only met with crushing losses to kick off the month. In fact, it is still too early to tell whether all of our IPO candidates will actually succeed in going […]
Private equity firms The Riverside Company and Halder have acquired KEYMILE-Group. The secondary buyout is the 21st acquisition for Riverside in 2011, and its third investment in Germany this year. Former investor HANNOVER Finanz Group, as well as former CEO Dr.-Ing. Ziaedin Chahabadi, sold their stakes to the private equity firms. Riverside is the new […]
Private equity investor Equity International, has committed US$75 million to SAMHI, a developer and owner of hotels in India.
Industrial Opportunity Partners, an operations-focused private equity firm based in Evanston, Ill., has acquired the Light Duty Filtration assets of Cummins, a leader in the design, manufacture, distribution, and service of engines and related technologies. IOP has renamed the business Kuss Filtration. Terms of the transaction were not disclosed. PRESS RELEASE Industrial Opportunity Partners (“IOP”), […]
Private Equity & Unions: Oil & Water. Yahoo: Let’s make a deal! As Harvey Keitel’s Pulp Fiction Character Said… Nevermind. Just know that even though Fusion-IO beat the street, it’s still not out of the woods, so to speak Are We Any Closer to closing the gender gap? It’s the Groupon investment flow chart It's a Predictive World: Index and Khosla lead Kaggle funding round Gold Rush! Aussies strike it lucky in Silicon Valley Age Before Beauty: SRS reveals VC funding rounds on the up Barcodes Reveal All: ShopSavvy raises funding led by Facebook co-founder Ask the Experts: Evisors raises seed round to help connect start-ups with expert investors Trust in Me: Taiwan's Chinatrust plans first VC fund
(Reuters) – Yahoo Inc is contemplating the sale of a minority stake to a private equity firm followed by a large share repurchase, in a bid to buy time to turn around the Internet company, people familiar with the matter said. The once-dominant Internet pioneer has seen its share of the U.S. Internet search market […]
Nov 2 (Reuters) – Discount clothing retailer Syms Corp, famous for saying educated consumers were its best customers, filed for bankruptcy on Wednesday along with its Filene’s Basement chain and both plan to go out of business. The bankruptcy is the third and likely final trip through bankruptcy for Filene’s Basement, a chain famous for […]
Blackstone Group has completed its acquisition of Emdeon Inc., a provider of healthcare revenue, payment cycle management and clinical information exchange technology. The deal was valued at roughly $3 billion. Hellman & Friedman will maintain a “significant minority equity interest” in Emdeon, the company said in a press release.