LONDON (Reuters) – Terra Firma Capital Partners has successfully raised 105 million pounds ($155.4 million) to stave off a bank foreclosure on British music group EMI, the Wall Street Journal reported on Tuesday. The newspaper, which quoted people familiar with the situation, said EMI had until Friday to inform lender Citigroup (C.N) that it had […]
Headwaters MB has raised $75 million for its second fund, which will invest between $10 million and $20 million into mid-market companies in "capital constrained" situations.
Walt Holzer has joined Kirkland & Ellis as a Chicago-based partner focused on private equity funds and portfolio companies. He previously led the Chicago private equity practice for Jones Day.
Summit Partners has made a minority equity investment in OB Hospitalist Group Inc., a provider of Ob/Gyn hospitalist services to hospitals across the United States. No financial terms were disclosed.
Alteris Renewables, an integrator of renewable energy systems in the Northeastern U.S., has acquired ISI Solar, a designer and installer of solar electric systems in New York and New Jersey. No financial terms were disclosed. Alteris is a portfolio company of Riverside Partners.
MUMBAI (Reuters) - India's Godrej Consumer Products (GOCP.BO) is in talks with a clutch of private equity investors to raise $125 million, two sources with direct knowledge of the matter said on Tuesday.
The company is in talks with U.S. giants Carlyle Group [CYL.UG] and Blackstone (BX.N), as well as India's ChrysCapital and Standard Chartered Private Equity, the sources said.
LONDON (Reuters) – Private equity firm CVC Capital on Tuesday sold half of its holding in UK spread betting firm IG Group (IGG.L), a 4.2 percent stake worth 58 million pounds ($89.7 million). The 15.1 million IG Group shares were sold for 386 pence per share in a placing handled by Barclays Capital, according to […]
Kurtis Fechtmeyer has joined the Silverfern Group as co-head of the firm's technology merchant banking group. He previously was a managing director in the technology group at FBR Capital Markets.
Golden Gate Capital has agreed to acquire up to a 25% equity stake in jeweler Zale Corp. (NYSE: ZLC), via the purchase of common stock warrants. Golden Gate also is provided Zale with a new $150 million, five-year senior secured term loan.
LONDON (Reuters) – Close Brothers Corporate Finance, (CBCF), one of Britain’s busiest outfits advising on so-called “mid-market” dealmaking, is cutting its ties to former parent Close Brothers, renaming itself DC Advisory Partners. CBCF was sold last year by Close Brothers Group Plc (CBRO.L), the merchant bank, to a unit now wholly owned by Japan’s Daiwa […]