211 Views

Mobile security company Lookout pulls in $150 million

San Francisco-based mobile security firm Lookout has closed $150 million in funding. T. Rowe Price Associates-managed funds led the round with participation from Morgan Stanley Investment Management, Wellington Management Company, Goldman Sachs, Bezos Expeditions, Mithril Capital Management, Khosla Ventures, Accel Partners, Index Ventures and Andreessen Horowitz. Allen & Company served as financial advisor on this transaction.

tornado
316 Views

peHUB Second Opinion

In Second Opinion, Twitter Q2 results are better than expected, Moody’s warns that RadioShack may run out of money next year, Pepe Jeans is up for sale and tornados in Boston aren’t as rare as you think.

210 Views

AIP sells Northwest Hardwoods to Littlejohn

Littlejohn & Co. has acquired Northwest Hardwoods from American Industrial Partners. No financial terms were disclosed. Gibson, Dunn & Crutcher and Morgan Stanley advised Littlejohn on the transaction while Baker Botts and Goldman Sachs advised AIP. Headquartered in Tacoma, Washington, NWH is a hardwood lumber maker and distributor.

3i mulls sale, IPO for Finnish telecom unit – Reuters

3i is considering a sale or initial public offering of its Finish telecommunication unit, Eltel Networks, in a deal that may value it about 1 billion euros ($1.4 billion) including debt, Bloomberg reported, writes Reuters. Morgan Stanley and French bank BNP Paribas SA were advising on the sale, according to reports.

103 Views

OMAM files for IPO

Boston-based OM Asset Management has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. BofA Merrill Lynch, Morgan Stanley, Citigroup and Credit Suisse Securities (USA) are the lead underwriters. OMAM is the newly formed holding company for Old Mutual‘s US-based institutional asset management business.

PE-backed ServiceMaster rolls out IPO

ServiceMaster Global Holdings, a portfolio company of Clayton, Dubilier & Rice, has launched its IPO after pricing its 35.9 million shares at $17 per share. The stock began trading Thursday on the NYSE under the ticker symbol “SERV.” J.P. Morgan Securities, Credit Suisse Securities, Goldman Sachs and Morgan Stanley are the lead underwriters. Headquartered in Memphis, ServiceMaster is a provider of essential residential and commercial services.

198 Views

PE-owned restaurant chain El Pollo Loco files for IPO

El Pollo Loco, which is owned by Trimaran Capital, has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. The stock will trade on the NASDAQ under the ticker symbol “LOCO.” Jefferies, Morgan Stanley and Robert W. Baird & Co are the lead underwriters. Headquartered in Costa Mesa, Calif., El Pollo Loco is a fast food restaurant chain.

208 Views

PE-backed Adeptus Health debuts IPO

Adeptus Health, a portfolio company of Sterling Partners, has launched its IPO after pricing its 4.9 million shares at $22 per share. The stock began trading Wednesday on the NYSE under the ticker symbol “ADPT.” Deutsche Bank Securities, Goldman Sachs, Evercore Group and Morgan Stanley are the lead underwriters. Adeptus Health owns and operates First Choice Emergency Room, a network of independent freestanding emergency rooms.

PEHUB Community

Join the 12502 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

PE HUB News Briefs

RSS Feed Widget

Marketplace

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget