Bain Capital raised about $69 million from a selldown in Hong Kong-listed Greatview Aseptic Packaging Co Ltd, IFR reported on Wednesday, writes Reuters. Bain sold 110 million shares of Greatview at HK$4.85 each, putting the total deal at HK$534 million ($69 million), added IFR, a Thomson Reuters publication.
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HCA Holdings continues to give back to its private equity owners. HCA shareholders, mainly KKR and Bain Capital, are selling 50 million HCA shares in a secondary that could raise as much as $1.86 billion.
The employees of North Portland mattress factory Sealy (in which KKR is the largest shareholder) are working with The Oregon Working Family Party in an attempt to save their jobs.
Shares of Bain Capital-backed Bright Horizons Family Solutions Inc. rose as much as 30 percent in their market debut on the New York Stock Exchange as investors focused on the largest U.S. child-care provider’s leadership in a growing niche market.
AMResorts has completed an equity investment by Bain Capital. Financial terms of the private transaction were not disclosed. Alex Zozaya, AMResorts’ founding president, will continue to oversee the company while taking on a new role as CEO of Apple Leisure Group. AMResorts’ executive vice president Gonzalo del Peon has been appointed president of the hospitality company.
CVC Capital Partners has agreed to buy Italy’s Cerved from private equity peers Bain Capital and Clessidra for 1.13 billion euros ($1.5 billion), writes Reuters. Cerved is a provider of business credit data and provides information to over 30,000 clients, including 90 percent of Italian banks and more than 80 percent of Italy’s top 1,000 companies.
European powerhouse CVC Capital Partners takes the crown in this week’s battle of the U.S. and European mega-buyout houses, securing first place in our list of top 10 funds based on private equity performance figures from California State Teachers’ Retirement System. U.S. and European firms both account for five of the top-10 spots with The Blackstone Group coming in a close second place.
Sourcing solutions firm LogicSource has appointed Sam Vail to the newly created position of general manager of its OneMarket technology division. LogicSource is headquartered in Norwalk, Conn and is owned by Bain Capital.