KKR has agreed to invest around $164 million into an unlisted subsidiary of India's Dalmia Cement (Bharat) Ltd. The capital will be used to form India's largest private cement company.
Tregaron Capital has acquired the assets of Economic Modeling Specialists Inc., a Moscow, Idaho-based provider of employment data and economic analysis. No financial terms were disclosed.
NEW YORK (Reuters) – Americold Realty Trust (ACRE.N), backed by billionaire West Coast investor Ron Burkle, shelved its initial public offering on Thursday due to “market conditions,” according to a market source. The company, which operates chilled warehouses for fruit, vegetables and meats, had already delayed the offering and slashed its value by 7 percent […]
NEW YORK (Reuters) – Smile Brands Group Inc (GRIN.N), which provides support services for U.S. dentists, canceled its initial public offering on Thursday, according to an underwriter. The sponsor decided not to move forward with the offering as it would likely have priced at $14 per share, below the $16 to $18 range. The offering […]
(Reuters) – Pharmaceutical services provider InVentiv Health Inc (VTIV.O) said it agreed to be acquired by private equity firm Thomas H. Lee Partners for about $1.1 billion. THL Partners will pay $26 per share, a premium of 7 percent to InVentiv’s closing price Wednesday on Nasdaq. However, InVentiv shares had already risen 42 percent since […]
(Reuters) – Three big private equity firms have teamed up to bid for Fidelity National Information Services Inc (FIS.N), sources familiar with the situation said on Thursday, a deal that, if completed, would rank as the biggest leveraged buyout since the financial crisis hit. Blackstone Group (BX.N), Thomas H. Lee Partners and TPG Capital are […]
Austin Ventures has acquired creative agency Exopolis for an undisclosed amount.
Lee Equity Partners has completed its acquisition of pizza chain Papa Murphy’s International from Charlesbank Capital Partners. The deal reportedly is worth around $180 million, which represents a 10x EBITDA multiple. PRESS RELEASE Papa Murphy’s International announced the completion of its sale to New York-based Lee Equity Partners. Its previous owner was Charlesbank Capital Partners […]
TORONTO (Reuters) – Finning International (FTT.TO: Quote, Profile, Research) the world’s largest Caterpillar (CAT.N: Quote, Profile, Research) equipment dealer, said on Wednesday it sold its British equipment rental business for 110.2 million pounds ($166 million) to an affiliate of Sun European Partners LLP. Finning said it would use proceeds from the sale of Hewden which […]
Spire Capital Partners has acquired Rainbow Early Education, a provider of early education services for children in the Eastern, Midwestern and Southern U.S. The deal was done in partnership with company management. No financial terms were disclosed.