(Reuters) – Private-equity firm Carlyle Group and former Neuberger Berman Chief Executive Jeffrey Lane filed an objection to bankrupt Lehman Brothers Holdings Inc’s sale of Neuberger, its asset management business, court documents show. Lehman agreed last month to sell the division to Bain Capital LLC and Hellman & Friedman LLC, for $2.15 billion. In an […]
Accel-KKR has acquired a majority stake in The Endurance International Group Inc., a Burlington, Mass.–based provider of website hosting and online applications and services. No financial terms were disclosed.
TSG Consumer Partners has completed its sale of Meguiar’s Inc. to 3M for an undisclosed amount. Meguiar’s is an Irvine, Calif.–based provider of car-care products like waxes and polishes.
The Riverside Co. has acquired Coeur Inc., a Lebanon, Tenn.-based maker of single-use disposable products for use in diagnostic imaging procedures and other medical applications, from Hammond, Kennedy, Whitney & Company. No pricing terms were disclosed for the deal, which included senior debt from US Bank and mezzanine debt from Babson Capital. Harris Williams & Co. advised Coeur on the sale.
NEW YORK (Reuters) – The remaining Linens ‘n Things stores will likely start liquidation sales as early as Thursday after the home goods retailer failed to find a buyer that will operate the company as a going concern. A group of liquidators, including Gordon Brothers Retail Partners and Hilco Merchant Resources, had made a preliminary […]
Riverside Partners has acquired both Solar Works Inc. and SolarWrights Inc., and merged them into what it claims is the largest solar energy integrator in the Northeastern U.S. No financial terms were disclosed.
Reddington Gulf, a distributor and service provider of IT and telecom products in the Middle East and Africa, has raised $98 million in private equity funding from Investcorp, in exchange for a minority ownership stake.
Tenaska Capital Management has agreed to acquire the owner of the Covert Generating Plant located near South Haven, Michigan. No financial terms were disclosed.
Plantation Energy, an Australian maker and exporter of densified biomass fuel pellets, has sold a majority ownership stake to Dedham Capital, in exchange for an $80 million private equity investment. Initial proceeds will be used to build a new manufacturing plant in Albany, Western Australia.
OpenGate Capital has agreed to buy TV Guide Magazine from Macrovision Solutions Corp. (Nasdaq: MVSN) for an undisclosed amount. The deal is expected to close around December 1, and is not subject to Macrovision shareholder approval.