NEW YORK (Reuters) – Euronext-listed private equity giant Kohlberg Kravis Roberts & Co (KKR.AS) on Wednesday moved another step closer to gaining a long-sought New York Stock Exchange listing, as it said it elected to seek such a move. It also reported that it will pay a distribution to its shareholders of 8 cents per […]
KCB Management has acquired Integrated Systems Improvement Services (ISIS), a Sierra Vista, Ariz.-based provider of specialty services to federal agencies, prime contractors and corporations. No financial terms were disclosed.
Blackhawk Specialty Tools LLC, a Houma, La.-based maker of automated top drive cement heads for the deepwater offshore oil and gas industry, has raised an undisclosed amount of equity funding from Rock Hill Capital Group.
HyTrust, a Mountain View, Calif.-based provider of policy management and access control for virtual infrastructure, has raised $10.5 million in Series B funding. Cisco Systems and Granite Ventures were joined by return backers Trident Capital and Epic Ventures. It’s the first investment of Cisco in virtualization security and management.
NEW YORK (Reuters) – Blackstone Group LP (BX.N) is preparing to restructure the debt of Hilton Worldwide Inc, bankrupt investment firm Lehman Brothers Holdings Inc (LEHMQ.PK) said in court filings. The restructuring would deleverage Hilton’s capital structure by as much as $3.8 billion, Lehman said in the filings, dated Feb. 23. The plan also proposes […]
Active Interest Media Inc., a portfolio company of Wind Point Partners, has acquired all equine titles and online properties published by Source Interlink Media and by Horse Media Group. No financial terms were disclosed. PRESS RELEASE Active Interest Media, Inc. (AIM, www.aimmedia.com) today announced it has acquired all equine titles and online properties published by […]
André Jaeggi has joined VC exchange fund operator The Founders Club as chairman. He previously was a managing director with Adveq.
Johnny Randel has joined private equity advisory StepStone Group as chief financial officer and chief operating officer. He previously was with Citi Private Equity, and will work out of StepStone's new office in New York City.
Evercore Partners (NYSE: EVR) has acquired "key assets" of Neuberger Berman's private funds placement group, which is headquartered in London. No financial terms were disclosed, except that the transaction includes possible earnout payments.
Alibris Inc., an Emeryville, Calif.-based online marketplace for new and used books, has acquired Monsoon, a Portland, Ore.-based marketplace selling solutions company, for an undisclosed amount of cash and stock. Oak Hill Capital, which acquired Alibris in 2006, and Square 1 Bank helped finance the transaction.