Zadig & Voltaire, the French luxury fashion company, will sell a 30% stake to US private equity firm TA Associates, it was revealed. Terms of the transaction were not made public. Zadig & Voltaire was founded in 1995. PRESS RELEASE: PARIS, Apr 19, 2012 — Zadig & Voltaire, one of the most successful French brands […]
Great Wolf Resorts, the listed, Wisconsin-based family of indoor waterpark resorts operator, has stated that a $7.25 per-share bid from PE firm KSL Capital Partners is enough to beat financial sponsor competitor Apollo Global Management. At press time, it remained unclear whether Apollo would continue to challenge KSL’s bid. PRESS RELEASE: MADISON, Wis., Apr 19, […]
Atlanta-based Cox Enterprises and its Cox Communications unit have made an investment in InSite Wireless Group, based in Alexandria, Va. Insite owns, runs, and manages wireless communication tower site facilities and distributed antenna systems across the U.S., Puerto Rico, and the U.S. Virgin Islands. In exchange for its stake, Cox will provide InSite with 150 […]
Sterling Infosystems, Inc., a company owned by management and Calera Capital, a San Francisco-based private equity firm, today announced it has acquired Vancouver-based BackCheck, which makes background checking products and services. Terms of the deal were not disclosed. PRESS RELEASE: BackCheck, Canada’s largest provider of background checking services and one of the largest providers of […]
CVC has beaten out other buyout firms, including Madison Dearborn Partners and Providence Equity Partners, in the race to buy AlixPartners from private equity owner Hellman & Friedman, sources tell Reuters.
Advus, a New York-based software company specializing in corporate performance management, has acquired InfoSecure of Chevy Chase, Md., a company specializing in the deployment of massive cloud-based systems for communications and related enterprise applications. Financial terms of the deal were not disclosed. PRESS RELEASE: NEW YORK, April 19, 2012 /PRNewswire via COMTEX/ — Advus Corporation, […]
Over the years, the demise of mezzanine has been predicted countless times. Robust cash flow senior debt markets, prolific BDCs, and private equity groups funding mezzanine themselves have all caused the pundits to suggest that the end of mezzanine is near.
Chicago-based private equity firm Pfingsten Partners has acquired Bailey International, a Knoxville, TN-based manufacturer and distributor of mobile fluid power components including hydraulic cylinders, power units, pumps, valves, motors, hoses and fittings, bearings and bushings used primarily in mobile equipment applications. Global law firm Paul Hastings advised on the transaction. PRESS RELEASE Paul Hastings LLP, […]
Woongjin Holdings has put a 30.9% stake in Woongjin Coway on the block and hired Goldman Sachs to manage the sale, which it hopes will fetch as much as $1.7 billion, Reuters reports.
Private equity firm Emerging Capital Partners is planning to deploy a "significant amount" of capital in fast-growing east Africa, which includes Kenya, Uganda, Tanzania, Burundi and Rwanda.