News and Analysis

Euromax Holdings Inc., a Norcross, Va.-based portfolio company of GS Capital Partners, has acquired GSW Building Products Inc. from A.O. Smith Corp. for $11.3 million.
ALPS Advisors Inc., a portfolio company of Lovell Minnick Partners, has completed its acquisition of the Liberty All-Star Funds management business from Banc of America Investment Advisors. The fund family consists of two closed-end, NYSE-listed equity funds: Liberty All-Star Equity Fund (NYSE: USA), with net assets in excess of $1.3 billion as of Nov. 30, […]
Ace Mortgage Funding, a portfolio company of Roark Capital Group, has acquired Millennium Funding Group, a Vancouver, Wash.
DriveSol Worldwide Inc., a Troy, Mich.-based portfolio company of Sun Capital Partners, has acquired the automotive steering business of The Timken Co. (NYSE TKR). No financial terms were disclosed, except that the unit had 2005 sales of around $110 million. www.drivesol.com www.timken.com
Intrawest Corp., a resort operator owned by Fortress Investment Group, has agreed to acquire Colorado-based Steamboat Sky & Resort from American Skiing Corp. for $265 million. www.intrawest.com www.peaks.
Navigon AG, a German mobile GPS company backed by General Atlantic, has agreed to acquire the navigation software business of Navteq Corp. (NYSE: NVT) for an undisclosed amount.
Circuit City is a “potential” leveraged buyout target, according to a new Bear Stearns research report out today. The analysis comes after the electronics retailer posted a surprise Q3 loss, was picked up by Dealbook and has helped send the stock… PLEASE, MAKE IT STOP! I know that both the analyst and the NYT blogger were […]
M2M Holdings Inc. (a.k.a. Made2Manage), an Indianapolis
The 2006 IPO market has already surpassed 2005 in terms of both volume and dollars raised, and the VC-backed IPO market is almost there as well. This isn’t to say that the public exit window is wide open, but you can certainly feel the draft of an upswing that is projected to last well into […]
When the U.S. Department of Justice began its inquiry into club deals earlier this year, a spokesman for the UK Financial Services Authority told me that it was planning “no investigation into private equity deals in the UK.” Now, less than two months later, officials from the FSA are interviewing people involved in four key takeover bids to try […]
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