by reuters-news
Posted on: November 19, 2012 by reuters-newsNo Comments »
Australian surfwear company Billabong International, which had potential buyers withdraw takeover offers last month, said one of its directors wanted to investigate a possible leveraged buyout of the firm, writes Reuters. Private equity firms TPG and Bain Capital withdrew from $700 million bids for the struggling retailer, according to Reuters.
Posted on: October 31, 2012 by Luisa BeltranNo Comments »
Hurricane Sandy is expected to cause about $20 billion in property damage so an insurance deal seems appropriate. Goldman Sachs Capital Partners is selling USI Holdings, an insurance broker, sources say. The auction started after Labor Day; Goldman Sachs is advising on the process, the persons say.
by asormani
Posted on: October 10, 2012 by asormaniNo Comments »
FleetPride, a retailer of heavy-duty truck and trailer parts owned by Investcorp, is to be acquired by TPG. The transaction is expected to close in the fourth quarter of 2012. Terms were not disclosed.
Posted on: October 5, 2012 by Luisa BeltranNo Comments »
Petco Holdings is paying out another dividend to its shareholders, which include Leonard Green & Partners and TPG. San Diego-based Petco is raising $550 million in secured PIK notes, according to an Oct. 4 report from Standard & Poor’s. Petco plans to use the proceeds, plus roughly $75 million in cash, to pay out a roughly $603 million dividend to shareholders, S&P says.
by asormani
Posted on: September 10, 2012 by asormaniNo Comments »
It’s direct energy investments that are boosting The Public Employee Retirement System of Idaho’s private equity portfolio, according to its Private Equity Performance Summary by Investment.
Posted on: August 1, 2012 by Luisa BeltranNo Comments »
Laboratory Corporation of America Holdings said Wednesday that it has “no knowledge” pf plans by private equity firms to take over the company via an LBO. LabCorp said in a statement that it is not in current discussions with any firms. LabCorp is responding to a Mergermarket report that says a PE consortium plans to [...]
by asormani
Posted on: July 23, 2012 by asormaniNo Comments »
Fresenius Kabi, a provider of infusion therapy and clinical nutrition is to acquire Fenwal, a specialist in separation technologies for blood and cell collection and therapy. Fenwal is owned by TPG and is based in Lake Zurich, Illinois. PRESS RELEASE Fresenius Kabi, a leading provider of infusion therapy and clinical nutrition, and Fenwal Inc. a [...]
by asormani
Posted on: July 5, 2012 by asormaniNo Comments »
Click on this morning’s FirstRead to find out more about Frazier Healthcare’s $400m fundraising, Google’s visual dictionary and where to get a top class take-out.
by asormani
Posted on: June 13, 2012 by asormaniNo Comments »
The European Private Equity and Venture Capital Association has appointed Vincenzo Morelli as its chairman for the year to June 2013. Morelli is partner emeritus and senior advisor to global investment firm TPG. PRESS RELEASE The General Assembly of the European Private Equity and Venture Capital Association (EVCA) today elected Vincenzo Morelli, Partner Emeritus and [...]
Posted on: June 11, 2012 by Luisa BeltranNo Comments »
TPG Growth, the middle market and growth equity investment platform of TPG, has acquried iMDsoft. Financial terms weren’t disclosed. iMDsoft provides clinical information systems. PRESS RELEASE iMDsoft, a worldwide leader in high acuity clinical information systems, today announced it has been acquired by TPG Growth, the middle market and growth equity investment platform of TPG, [...]
Yahoo’s $1.1 billion planned purchase of blogging site Tumblr is the largest exit of a pre-public venture-backed New York-based company
Author : mboslet
The surging popularity of bitcoin has some brand-name venture capitalists investing real money in the controversial virtual currency. Just since
Author : laragon
It’s that time of the year when every VC (or, well, most VCs) secretly pulls up Forbes’ Midas list and,
Author : mahendra
The Michigan Venture Capital Association said 29 venture capital firms now do business in the state and contributed to the
Author : mboslet
Blackstone Group LP is planning to create a hedge fund which will consist of the boldest trades from the third-party
Author : reuters-news
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