King.com Ltd, the British mobile gaming company best known for its hit puzzle game 'Candy Crush Saga', has filed confidentially for an initial public offering (IPO) in the United States, a source told Reuters.
TPG Growth and Servco Pacific are finally talking about their acquisition of the legendary company, Fender Musical Instruments.
Blackstone said Monday that it has made an undisclosed investment in ThoughtFocus Technologies. As a result of the funding, ThoughtFocus and Blackstone will set up the Blackstone Center of Excellence, an IT outsourcing and offshore delivery company. ThoughtFocus is an IT service provider.
Trilantic Capital Partners has agreed to acquire Addison Group from Lake Capital Partners. No financial terms were disclosed. William Blair & Company advised Addison Group in the transaction. Addison Group is a professional staffing firm.
Point B said Monday that it has sold its stake in Loft9. No financial terms were disclosed. Based in Bellevue, Washington, Loft9 is a consulting firm.
Vista Equity Partners has agreed to acquire event management software company ACTIVE Network in an all-cash transaction valued at about $1.05 billion. Vista will commence a tender offer to buy all outstanding shares of ACTIVE's common stock at $14.50 per share, representing a premium of about 111 percent to ACTIVE's year-to-date average closing stock price.
Kohlberg Kravis Roberts has agreed to acquire a 10 percent stake in Chinese home appliance band Qingdao Haier, establishing a strategic long-term partnership. Financial details of the transaction were not disclosed.
Pattern Energy Group has priced its initial public offering of 16,000,000 shares of its Class A common stock at US$22.00 per share. Private equity firm Riverstone Holdings is a backer of the business.
Antero Resources Corporation has launched its initial public offering of 30,000,000 shares of its common stock, at an anticipated initial public offering price between $38.00 and $42.00 per share. The company recently secured a $1 billion line- of-equity funding program led by Warburg Pincus.
Seven Mile Capital Partners II LP, an affiliate of Seven Mile Capital Partners has entered into a definitive agreement to acquire Microporous Products from Polypore International. Polypore is selling Microporous pursuant to an FTC divestiture order. Microporous is a developer, manufacturer and marketer of high performance rubber, polyethylene and hybrid battery separators for flooded lead-acid batteries.