Mayhoola for Investments, an investment vehicle backed by a major private investor group from Qatar, is to acquire Valentino Fashion Group from Red & Black, a company indirectly controlled by Permira Funds in partnership with the Marzotto family. Red & Black acquired control of the fashion label through in 2007, as part of a wider [...]

Gryphon Investors is finally getting to exit Intelligrated after a near 11-year hold.

Permira on Wednesday offered to buy Genesys from Alcatel-Lucent in a deal valued at $1.5 billion. Technology Crossover Ventures, and certain co-investors of the Permira funds, are also taking part in the deal. The transaction, subject to review by Committee of Foreign Investment in the U.S., is expected to close by the end of 2011 or the beginning of 2012. Daly City, Calif.-based Genesys supplies enterprise software and services.

Renaissance Learning said yesterday that it did receive a definitive buyout proposal from Plato Learning that is backed by Thoma Bravo and HarbourVest Partners. Plato is bidding $15.50 a share cash, which includes $128 million equity plus $410 million in debt. However, Renaissance’s board said it is still recommending a lower offer from Permira Funds. Permira is offering $14.85 a share cash.