There were only a handful of U.S. buyouts completed by the largest European buyout funds in 2010/2011, but we thought it might be interesting to see who was active and who had money to invest. pe.HUB takes a look at the most active European buyout funds investing in the US in the last year, in order of largest fund size, based on data from Thomson Reuters.
Private equity investor Tricor Pacific Capital Inc. has invested $40 million into Avision Young, taking a minority stake in the commercial real estate services company. Avision is based in Toronto. Tricor Pacific focuses on middle-market deals and has offices in Vancouver and Lake Forest, Ill.
North Street Capital, which bought the luxury sports car business of the Dutch owner of Saab in September, is putting $70 million into the car maker, Reuters reported Thursday. Swedish Automobile, which owns Sweden's Saab, said on Thursday it would accept a $10 million equity investment from the firm, and a $60 million loan to fund its ongoing reorganization.
UK private equity house Exponent Private Equity has formed a new company following OFT approval of the BBC Magazines deal. Immediate Media Co combines the newly-acquired magazine business from BBC Worldwide with Origin Publishing and Magicalia, Exponent’s existing digital platform and media companies.
GA|PRC Group, an advertising agency that designs and executes integrated retail marketing programs has been acquired by RFE Investment Partners along with its equity partners Caymus Equity Partners and Starboard Capital Partners, and with debt financing provided by Fifth Third Bancorp and CapitalSouth Partners.
Potential buyers of Yahoo Inc are balking at the Internet company's demands for confidentiality that would prevent them from discussing joint bids, Reuters wrote.
Investors including a fund managed by Morgan Stanley and the Government of Singapore Investment Corp are in separate talks to buy a Mumbai property from Indian textiles firm Alok Industries for about $200 million, Reuters reports.
Hell From Above: US using kamikaze drones to hit Taliban One More Thing: Steve’s not done yet, it seems… Contagion We Can’t Afford: Greece burns in protests The Systemic Problems in journalism pertain exclusively to people willing to cheat, or too dumb to not recognize their own writing when it’s time to publish Will Rupert’s Board be overthrown? Calling Non-Chinese Investors: CSM looks overseas for $1bn fund Still Weighing up the Options:Another Yahoo bid combo One Vision: More money for infographics Bright Lights, Big City: Opportunities abound for EcoSense Lighting Outed! Those overpaid CEOs Thinking of going public? The IPO-friendly guide
NewSpring Mezzanine has led a mezzanine investment in Philadelphia-based Cellucap. NewSpring has funded the company with PNC Bank, who provided a senior term loan and a revolving credit line to acquire DISCO. Cellucap manufactures and distributes disposable protective apparel and related products to the foodservice, healthcare and safety markets. The acquistion will further expand the company's product lines with market leading scrubbing and cleaning brands such as Brillo, Grilbrik, Filter Brite, and Big Boss among others.
(Reuters) – Daily deals site Groupon is set to raise less than the amount it initially filed for in its IPO paperwork, two sources familiar with the situation said on Wednesday. Groupon in June filed to raise up to $750 million in its IPO. One source familiar with the situation said it is now planning […]