Thoma Bravo has completed its previoulsy announced deal for a controlling stake in Network Instruments. Financial terms weren’t announced. Minnetonka, Minn.-based Network Instruments provides network and application performance management solutions. PRESS RELEASE Thoma Bravo, LLC, a leading private equity investment firm, today announced that it has acquired a controlling interest in Network Instruments, LLC, a […]
The $1.1 bln buyout of P.F. Chang's is the year's biggest restaurant LBO so far
Ten years after launching, FT Partners advises on its biggest deal ever with the $1.3 bln recap of AmWINS
If Merger Monday wasn't enough, big shoe deals are afoot on Tuesday. And PE firms are in on the action.
The Gores Group may no longer be on the hook for its much-haggled deal with Pep Boys. Will the PE shop get a payout on top of it?
A consortium comprised of Wolverine Worldwide, Blum Capital Partners and Golden Gate Capital agreed Tuesday to buy Collective Brands for $21.75 a share, or about $2 billion, including debt. Wolverine Worldwide is buying Collective Brands’ Performance + Lifestyle Group, while Blum Capital and Golden Gate will jointly acquire the operations of Payless ShoeSource and Collective […]
Greenwich, Conn.-based Clearview Capital has completed the sale of EN Engineering to Chicago-based CIVC Partners. Specific terms of the sale were not released, though Clearview said the sale yielded a gross return of 4.5x invested capital, and a 68% internal rate of return over Clearview’s three-year hold period. PRESS RELEASE Clearview Capital, LLC of Old […]
Water Street Healthcare Partners and Wind Point Partners have exited their investment in Physiotherapy Associates, selling the company to Court Square Capital Partners. Terms of the deal were not released. Exton, Penn.-based Physiotherapy Associates is a provider of outpatient rehabilitation services. PRESS RELEASE Water Street Healthcare Partners, a strategic private equity firm focused exclusively on […]
Centerbridge Partners has acquired P.F. Chang’s China Bistro Inc., taking the company private in a deal valued at $1.1 billion. Centerbridge will pay $51.50 per share in cash for the company, representing a premium of approximately 30% over the average closing price for the 30 days ended April 30, 2012. PRESS RELEASE P.F. Chang’s China […]
If you want to make it out of New York's next wave of occupation, better listen to the Hub today: order in, avoid the next solar IPO, and save your money for when David Wells auctions off Babe Ruth's old hat.