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 […]
LOS ANGELES (Reuters) – Billionaire investor Ron Burkle’s Yucaipa Cos, in a partnership with movie producers Bob and Harvey Weinstein, has offered to pay $600 million for Walt Disney Co’s (DIS.N) Miramax, a source with knowledge of the situation said on Thursday, joining a small pool of bidders for the art-house studio. Yucaipa could use […]
Studio Moderna Holdings, an electronics and consumer products retailer in Central and Eastern Europe, has raised an undisclosed amount of minority funding co-led by Insight Venture Partners and Templeton Strategic Emerging Markets. JH Partners also participated.
DynaVox Inc., a Pittsburgh-based maker of software and devices that assist people in overcoming speech, has set its IPO terms to 9.375 million shares being offered at between $15 and $17 per shares. It plans to trade on the Nasdaq under ticker symbol DVOX, with Piper Jaffray and Jefferies & Co. serving as co-lead underwriters. […]
NEW YORK (Reuters) – Hospital chain HCA Inc is expected to file for an initial public offering worth between $4 billion and $4.5 billion as soon as mid-May, CNBC reported on Thursday. The company is currently talking to underwriters. The IPO pricing and debut are expected in mid-July, pending regulatory approval from the U.S. Securities […]
LONDON (Reuters) – About 10 buyout houses are preparing to make indicative bids on Monday for Inchcape Shipping Services (ISS), the $700 million-plus port and shipping agent owned by Dubai World’s investment arm Istithmar.The keen interest highlights the ongoing appeal of so-called secondary buyouts, where financial investors sell each other portfolio companies, despite concerns that […]
MUMBAI/SINGAPORE (Reuters) – Singapore state investor Temasek Holdings will invest $200 million in the power unit of Indian conglomerate GMR Infrastructure (GMRI.BO), said two sources with knowledge of the situation. Temasek will invest in GMR Energy through a structured paper that will be converted into equity, one of the sources told Reuters, adding a deal […]
The auction for Shoes for Crews, a non-slip shoe company being sold by Advent International, has garnered at least 10 first round bids from private equity suitors, a source familiar with the deal said. The bids were in excess of $250 million, which represents an Ebitda multiple of high 7x to low 8x. The auction […]