1 Of the firm’s three target areas—business and technology services, communications and health care—where do you see the most opportunity? WH: We see solid investment opportunities in all three areas. In our most recent advisory committee meeting, when we went through our active deal pipeline, not only was the pipeline filled with opportunities across all […]
Mark Anson has joined Oak Hill Investment Management as a managing partner and chair of the firm’s investment committee. He previously was with Nuveen Investments as president and executive director of investment services. Before that, he served as CEO of Hermes Pensions Management and as CIO for CalPERS. Bill Aulet has been named managing director […]
FRANKFURT (Reuters) – The owners of Cognis, the German maker of additives for cosmetics and detergents, are in talks with several parties including BASF (BASF.DE) to sell it, two people close to the negotiations said on Friday. Permira and co-owner Goldman Sachs Capital Partners (GS.N), which turned down takeover offers for Cognis as too low […]
NEW YORK/LOS ANGELES (Reuters) – California Pizza Kitchen Inc (CPKI.O) is seeking buyers for the restaurant chain, a source familiar with the deal said, sending its shares up as much as 17 percent on Friday. The chain known for gourmet hearth-baked pizzas and creative salads is valued at just over $500 million based on Friday’s […]
PARIS (Reuters) – AXA Private Equity (AXAF.PA) is in talks to buy tour operator Go Voyages from Groupe Arnault and Belgian businessman Albert Frere, Le Figaro newspaper reported. The online seller of holidays and flights would be worth between 300 million euros and 350 million euros ($401 million to $468 million), Le Figaro said. AXA […]
LONDON (Reuters) – Buyout firm Blackstone (BX.N) and charity the Wellcome Trust have launched a joint bid for bank branches being sold by Royal Bank of Scotland (RBS.L), a source familiar with the matter said on Friday. The bid from Blackstone and the Wellcome Trust, a British charitable foundation which manages a 13 billion pound […]
VantaCore Partners, an acquisition platform focused on core mineral assets like quarries, has raised $100 million in private equity funding from Trilantic Capital Partners. It also has secured a $15 million acquisition facility and $27 million senior secured credit facility from PNC. VantaCore previously raised funding from Kayne Anderson, Tortoise Capital Resources Corp. and Hartz Capital Investments.
Court Square Capital Partners has acquired The Harvard Drug Group from H.I.G. Capital for an undisclosed amount. Harvard Drug is a Livonia, Mich.-based distributor of generic pharmaceuticals, with nearly $500 million in annual sales.
Summit Partners has invested $30 million into Indian seed company Krishidhan Seeds Ltd., in exchange for a minority ownership stake.
(Reuters) – U.S. private equity firms Kohlberg Kravis Roberts & Co [KKR.UL] and Bain Capital are preparing for initial public offerings of Toys “R” Us and NXP Semiconductors , the Wall Street Journal said, citing people familiar with the deals. Dutch semiconductor company NXP, which was spun off from Philips Electronics (PHG.AS) in 2006, is […]