Posted on: April 26, 2013 by Luisa Beltran
Thomas H. Lee Partners, which has yet to begin fundraising for its next buyout fund, is reportedly putting 30% equity into its $1.1 billion purchase of CompuCom Systems.
Tags: CompuCom, Moodys, Party City, Thomas H. Lee Partners
Posted on: April 8, 2013 by Luisa Beltran
Court Square Capital Partners has agreed to sell CompuCom Systems. The buyer is Thomas H. Lee Partners. Financial terms were not announced but THL is paying about $1.1 billion in cash, according to a person familiar with the matter. Citigroup Global Markets Inc, J.P. Morgan, BMO Capital Markets and Jefferies Finance are providing committed financing. Dallas-based CompuCom is an IT outsourcing company. Court Square acquired the company in 2007 for $504 million. BMO Capital Markets and Jefferies advised THL, while Citigroup provided financial advice to CompuCom/Court Square. UPDATE: Ed Wehle lead the deal team at Citi that included Ethan Zweig and Hugo Doetsch. Gerrie Sinatra of Dechert along with Ken Young, Adam Rosenthal, Victoria Alff, Allyson Levy, Edward Lemanowicz and Ken Wang provided legal advice to CompuCom/Court Square. Weil, Gotshal & Manges was the attorney for THL.
Tags: CompuCom Systems, Court Square Capital, Thomas H. Lee Partners
Posted on: March 28, 2013 by Reuters News
Bain Capital LLC, Carlyle Group LP and Thomas H. Lee Partners LP are among the private equity firms competing for Carestream Health Inc, a medical imaging systems provider that its owner Onex Corp. hopes to sell for as much as $3.5 billion, sources tell Reuters.
Tags: Bain Capital, Carlyle Group, Thomas H. Lee Partners
Posted on: September 22, 2012 by asormani
This week, peHUB thought it would be of interest to showcase the position of senior investment officer, private equity at the $49.2 billion Massachusetts Pension Reserves Investment Management Board (PRIM).
Tags: Blackstone, GTCR, Massachusetts Pension Reserves Investment Management Board, Menlo Ventures, Permira, Thomas H. Lee Partners
Posted on: July 26, 2012 by Steve Bills
THL Credit Advisors LLC, the lending affiliate of Boston buyout shop Thomas H. Lee Partners LP, is planning to beef up its presence in Chicago following an acquisition there.
Tags: THL Credit, Thomas H. Lee Partners
Posted on: July 3, 2012 by Luisa Beltran
PE-backed M&A deal value dropped by 26% in second quarter while dry power falls to $365.7 billion.
Tags: Blackstone Group, Golden Gate Capital, Thomas H. Lee Partners
Posted on: May 25, 2012 by Luisa Beltran
The Steinbrenner family is reportedly considering selling the Yankees. But don’t expect PE to be all that interested.
Tags: KKR, L.A. Dodgers, New York Yankees, Providence Equity Partners, Thomas H. Lee Partners
Posted on: May 22, 2012 by Bernard Vaughan
Arsenal Capital, which recently held a first close on its third fund, expects to hold a second close soon and has set a cap of $825 million on the fund.
Tags: Arsenal Capital Partners, Thomas H. Lee Partners
Posted on: April 26, 2012 by Bernard Vaughan
Arsenal Capital generated 4x its invested capital with the sale Novalyte. That should bolster the firm’s effort to raise a third fund.
Tags: Arsenal Capital Partners, Thomas H. Lee Partners
Posted on: March 29, 2012 by dtoll
Let’s say you’re an associate at a buyout shop, and you’re itching to move up the career ladder. How do you do it? How do you send that unmistakable, unspoken message to the partners that you’ll be one of them one day?
Tags: Arsenal Capital, Riverside Company, Thomas H. Lee Partners