Paul Kacik has joined McGladrey Capital Markets as a managing director of its healthcare practice. He previously was a senior VP and head of healthcare I-banking for Barrington Associates.
NEW YORK (Reuters) – Talecris Biotherapeutics Holdings Corp (TLCR.O) shares rose 13.3 percent in their trading debut following the Cerberus-backed company’s initial public offering, the largest by a biopharmaceuticals company in three years. Talecris, which produces plasma-based protein therapies, raised $950 million in its IPO on Wednesday. The shares stood at $21.52 in midday Nasdaq […]
NEW YORK (Reuters) – Kraton Performance Polymers Inc, a maker of polymers used in products such as disposable baby diapers and razor blades, plans to raise as much as $230 million in an initial public offering. Houston-based Kraton is owned indirectly by units of private equity firm TPG Capital and JP Morgan Chase & Co’s […]
True Temper Sports Inc., a Memphis, Tenn.-based maker of golf shafts and other sports equipment, has agreed to a debt restructuring with its lenders. The deal would include a prepackaged bankruptcy filing and around $70 million in new equity funding. The company did not identify the equity investors, nor mention if they include current owner Gilbert Global Equity Partners.
Panolam Industries, a Shelton, Conn.-based decorative laminate company, said that it has reached a debt restructuring agreement with lenders led by Apollo Capital Management. The deal would include a prepackaged debt-for-equity swap. Genstar Capital and Sterling Group bought Panolam for $345 million in 2005.
The Carlyle Group’s investment team in Mexico has spun out into an independent firm named EMX Capital. It will continue to manage Carlyle Mexico Partners, a $134 million fund closed in 2005. That fund has a 17.4% IRR through the end of Q2, according to limited partner CalPERS. www.emxcapital.com
ASP Westward, a community newspaper publisher owned by American Securities, has agreed to acquire two Texas newspapers from Cox Enterprises Inc. No financial terms were disclosed. The papers are the Longview News-Journal (Longview) and The Marshall News Messenger (Marshall and Harrison County).
DOCUgroup, a provider of business information to the European construction sector, has acquired the Nordic assets of Reed Business Information. No financial terms were disclosed. DOCUgroup is a portfolio company of GMT Communications Partners.
The Riverside Company has acquired Crioestaminal, a Cantenhede, Portugal-based umbilical cord blood collection company. No financial terms were disclosed. The deal was done out of Riverside's fourth European fund.
NEW YORK (Reuters) – Private equity firm Kohlberg Kravis Roberts & Co. closed a long-awaited deal on Thursday to buy its Amsterdam-quoted fund, becoming a Euronext- listed company and completing the first step towards an expected move to the New York Stock Exchange. The New York firm, co-founded by “buyout king” Henry Kravis, had been […]