(Reuters) – Gun maker Freedom Group Inc, controlled by private equity firm Cerberus Capital Management, filed with U.S. regulators on Wednesday to raise up to $200 million in an initial public offering of common stock. The Madison, North Carolina-based company told the U.S Securities and Exchange Commission in a preliminary prospectus that its predecessor company […]
Colony Capital and Colony Financial (NYSE: CLNY) have originated a $206 million maximum principal senior secured term loan facility to William Lyon Homes. PRESS RELEASE Investment vehicles managed by Colony Capital, LLC, and Colony Financial, Inc. (NYSE: CLNY) (“Colony Financial”), a newly formed real estate finance company focused on acquiring, originating and managing commercial mortgage […]
Aurora Capital Group has completed its purchase of Porex from HLTH Corp. (Nasdaq: HLTH). The deal was valued at $142 million, including $74.5 million in cash payable at closing and $67.5 million in senior secured debt. Porex makes porous plastic products and components used in healthcare, industrial and consumer applications.
Haney Truck Line LLC, a provider of truckload transportation in the Pacific Northwest, has acquired the operating assets of Washington-based Puget Sound Truck Lines Inc. and Oregon-based Nickel Plate Express Inc. No pricing terms were disclosed for the acquisition, which was financed by Haney Truck management and existing equity sponsor Evergreen Pacific Partners.
US Liner Co., a Cranberry Township, Penn.-based maker of thermoplastic composite solutions, has received a minority equity investment from Sverica International. No financial terms were disclosed.
TEAK Midstream LLC, a Dallas, Texas-based midstream energy startup, has raised $100 million in private equity funding from Natural Gas Partners. TEAK was launched by Crosstex Energy co-founders Chris Aulds and James Wales.
Kai-Ching Lin has joined Houlihan Lokey as a managing director, focused on the valuation of complex securities. Lin previously was a managing director in the financial engineering practice of Duff & Phelps.
NEW YORK (Reuters) – AGA Medical Holdings Inc (AGAM.O), a maker of devices for heart defects and vascular diseases, priced shares in its initial public offering at $14.50 each, below its reduced estimate, becoming the latest private equity-backed deal to face weak demand. AGA, whose largest shareholder is private equity firm Welsh, Carson, Anderson & […]
NEW YORK (Reuters) – AGA Medical Holdings Inc (AGAM.O), a maker of devices for heart defects and vascular diseases, lowered the price range of its initial public offering ahead of the deal’s pricing on Tuesday, becoming the latest private equity-backed company to face weak demand. AGA, whose largest shareholder is private equity firm Welsh, Carson, […]
Clayton, Dubilier & Rice, Inc. completed its deal $250 million equity investment in the NCI Building Systems. The CD&R-managed funds acquired newly issued preferred stock resulting in an ownership position in the Company of approximately 68.5% on an as-converted basis.