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Yearly Archives: 2015
A federal judge has certified two shareholder class action lawsuits accusing Facebook Inc of hiding concerns about its growth forecasts prior to the social media company's initial public offering in May 2012.
ArcLight Capital Partners-backed Chelsea Petroleum Products Holdings completed the purchase of terminal operator and petroleum products wholesaler Gulf Oil from Cumberland Farms, Inc., the second major terminal acquisition by ArcLight in the past 12 months. In a related transaction, ArcLight-backed Blue Hills Fuels bought Gulf's Assured Dealers business, which collects rents from more than 200 owned or leased, non-operated franchised sites under the Gulf or Mobil brands.
IHS Automotive announced this week that it has acquired CARPROOF Corporation, a London, Ontario-based provider of comprehensive used vehicle history reports, for approximately $650 million. A portfolio company of U.S. private equity firm Hellman & Friedman, PE Hub Canada reported on CARPROOF's acquisition of Canadian Red Book in July 2014
In Second Opinion, DuPont will trim 1,700 jobs in Delaware, two bankers are charged with creating ATM cards to steal from accounts and a database of 191 million U.S. voters is discovered on the internet.
Firm: CD Capital Fund: CD Capital Natural Resources Fund III Target: $400 mln Amount raised: $233 mln Placement agent: FirstPoint Equity CD Capital has drawn in $233 million in commitments for CD Capital Natural Resources Fund III, which is targeting $400 million, according to a filing. The London-based private equity firm founded in 2006 by mining […]
Firm: Welsh, Carson, Anderson & Stowe Fund: Welsh, Carson, Anderson & Stowe XII Target: $3 bln Hard cap: $3.5 bln Amount Raised: $3 bln Placement Agent: Asante Capital Group Legal Counsel: N/A Welsh, Carson, Anderson & Stowe held an interim close on its 12th flagship fund’s $3 billion target last week, two sources told Buyouts. The firm will keep Welsh, Carson, […]
Massachusetts Pension Reserves Investment Trust Fund has the highest annualized 10-year private equity return among public pension funds, with 17.93 percent, according data collected by Bison for the Private Equity Growth Capital Council. The California Public Employees’ Retirement System led the way in overall capital invested in the PE marketplace with $31.5 billion — headlining a West Coast-heavy […]
United Medical Systems, which is owned by New State Capital Partners, has acquired US Lithotripsy LP, a provider of lithotripsy services. The seller was USMD Health Systems. No financial terms were disclosed.
Eyes 2 bln euros hard cap for Fund VI Firm has raised around 1.2 bln euros Held first close in October Astorg Partners is moving through fundraising on its sixth fund, having closed on about 1.2 billion euros ($1.3 billion), according to a person with knowledge of the fundraising. The Paris-based firm, which focuses on […]
Draper Associates has raised over $119 million for its fifth funding, according to an SEC filing. The target is $150 million. The Silicon Valley-based venture firm mostly focuses on making seed investments in the following sectors: consumer technology, financial technology, healthcare, manufacturing, education, and government tech.