Posted on: November 28, 2011 by asormani
The Ontario Teachers’ Pension Plan has cancelled plans to sell its 80 percent stake in Maple Leaf Sports and Entertainment Ltd, owner of Toronto’s big-league hockey and basketball teams, writes Reuters. Teachers suggested a possible sale of the stake in March, after several unsolicited expressions of interest, writes Reuters. (Reuters) – The Ontario Teachers’ Pension [...]
Tags: Ontario Teachers' Pension Plan
Posted on: October 3, 2011 by Luisa Beltran
The Ontario Teachers’ Pension Plan said Monday that it has completed its buy of a majority stake in Flexera Software. The deal was announced in July. Thoma Bravo, the seller, is retaining a minority stake. Financial terms weren’t disclosed.
Tags: Flexera Software, Ontario Teachers' Pension Plan, Thoma Bravo
Posted on: August 30, 2011 by cnolan
Insight Pharmaceuticals, a portfolio company of Swander Pace Capital, has acquired the Monistat North American brand portfolio from McNEIL-PPC Inc. Financial terms of the deal were not released. In connection with the transaction, Ontario Teachers’ Pension Plan, through its private equity group Teachers’ Private Capital, has joined Swander Pace Capital as an equity investor in Insight. HT Capital Advisors acted as exclusive financial advisor to Insight and Swander Pace Capital.
Tags: Ontario Teachers' Pension Plan
Posted on: July 26, 2011 by Luisa Beltran
Ontario Teachers’ Pension Plan (Teachers’) has agreed to buy Babcock & Brown Gates Parking Investments, which includes Imperial Parking Corp. Terms of the deal weren’t disclosed. BBGPI, a joint venture between Gates Group Capital Partners and Global Partners Fund, acquired Impark in 2006.
Tags: Gates Group Capital Partners, Global Partners Fund, Ontario Teachers' Pension Plan
Posted on: July 19, 2011 by Bernard Vaughan
Thoma Bravo LLC announced an agreement July 19 to sell Flexera Software, a company that provides software licensing services, in a deal that promises to generate a return of close to 5x, according to Orlando Bravo (pictured), a managing partner at the Chicago-based buyout shop, sister magazine Buyouts has reported. Flexera is the third exit announced [...]
Tags: Cressey & Co., Ontario Teachers' Pension Plan, Sterling Investment Partners, Teachers' Private Capital, Thoma Bravo LLC, Thoma Cressey Equity Partners
Posted on: July 12, 2011 by cnolan
The Ontario Teachers’ Pension Plan is planning to increase its majority stakes in two Chilean water utilities: Essbio S.A. and Esval S.A., Reuters reported. The government is auctioning off its stakes in both utilities. Following the auction, the government will hold 5% of each. Teachers’ currently owns about 51.1% of Essbio and 69.8% of Esval, Reuters wrote.
Tags: Ontario Teachers' Pension Plan
Posted on: May 5, 2011 by Luisa Beltran
INC Research, which is backed by Avista Capital Partners and Ontario Teachers’ Pension, has agreed to buy Kendle International in a deal valued at about $232 million. JP Morgan Securities advised Kendle while Morgan Stanley served as financial advisor to INC Research.
Tags: Avista Capital Partners, Ontario Teachers' Pension Plan
Posted on: April 1, 2011 by reuters-news
NEW YORK, March 31 – GNC Holdings Inc, a U.S. retailer of wellness and nutrition products, raised $360 million in its third attempt at an IPO on Thursday, a market source said. GNC and its stockholders sold 22.5 million shares for $16 each, the source said. They had planned to sell the stock for $15 [...]
Tags: Apollo Global Management, Ares Management, Ontario Teachers' Pension Plan
Posted on: December 16, 2010 by cnolan
Ontario Teachers’ Pension Plan has committed up to $75 million in equity to fund BluEarth Renewables, which focuses on acquiring, developing, constructing and operating hydro, wind and solar power projects in North America. Calgary-based BluEarth has now raised more than $160 million from ARC Financial Corp., Teachers’, management and other investors.
Tags: Arc Financial Corp., Ontario Teachers' Pension Plan
Posted on: December 7, 2010 by cnolan
China’s Bright Foods Group Co. is close to a $2.5 billion to $3 billion deal to buy vitamin chain GNC Holdings, Reuters reported. Pittsburgh-based GNC Holdings is owned by Ares Management and the Ontario Teachers’ Pension Plan Board. Ares and the pension plan bought GNC in 2007 from private equity firm Apollo Management in a deal with a total enterprise value of $1.65 billion.
Tags: Apollo, Ares Management, Ontario Teachers' Pension Plan