TripWire Inc., a Portland, Ore.-based provider of IT security and compliance automation software solutions, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol TPWR, with J.P. Morgan and Thomas Weisel Partners serving as co-lead underwriters. The company reports $74 million in 2009 revenue, compared to $62 million […]
NEW YORK (Reuters) – Centerbridge Partners, Paulson & Co and Blackstone Group LP (BX.N) beat out another investor group in an auction for Extended Stay, agreeing to pay $3.925 billion for the bankrupt hotel chain, according to sources familiar with the situation. The other group included Starwood Capital Group and TPG Capital, the sources said […]
(Reuters) – CKX Inc (CKXE.O), which owns the rights to the American Idol shows, said it received a takeover offer from an investor group led by Simon Fuller, creator of the televised pop contest. Shares of the company were up as much as 33 percent Friday on Nasdaq, before paring some of the gains to […]
GemCity Engineering and Manufacturing, a Dayton, Ohio-based contract manufacturer, has acquired Vistek Medical, an Ivyland, Penn.-based contract manufacturer of medical implant and specialized components. No financial terms were disclosed. GEM is a portfolio company of Riverside Partners.
Kinderhook Industries has completed its $30.38 million take-private acquisition of International Absorbents Inc. (NYSE: IAX), a maker of environmentally-friendly pet care and industrial products.
Oasis Dental, a UK dentistry group that serves an equal mix of NHS and private patients, has raised an undisclosed amount of private equity funding from Partners Group and Duke Street.
(Reuters) – Belgian diaper and wet wipe maker Ontex, which competes with Procter & Gamble’s (PG.N) Pampers, could delay a planned flotation until the second half of the year, daily De Tijd reported on Friday. The up to 500 million euros ($612.5 million) flotation had been expected in June, but the plans have been put […]
FRANKFURT (Reuters) – Goldman Sachs (GS.N)-led consortium Highstreet has become the third suitor for Germany’s Karstadt, increasing the chances for the insolvent department store chain’s survival. Highstreet, which owns most of Karstadt’s property, has placed a bid with insolvency administrator Klaus Hubert Goerg, a spokesman for the consortium told Reuters on Friday. Buyout firm Triton […]
(Reuters) – Private equity-backed retailer Toys R Us [TOY.UL] on Friday filed for an initial public offering worth up to $800 million, according to a regulatory filing. The company said it would use proceeds from the offering mainly to repay debt. It did not say how many shares it plans to sell or provide an […]
MADRID/AMSTERDAM (Reuters) – Spanish utility Endesa (ELE.MC) has launched a two-stage auction for the sale of its gas distribution and transmission network, attracting financial investor interest, several people familiar with the matter said. Earlier on Thursday, the chief executive of Italy‘s biggest utility, Enel (ENEI.MI), which owns 92 percent of Endesa, said it had received […]