News and Analysis

Buyouts Magazine today made official what we’ve all known for a while: Q1 deal volume hit the skids. U.S. buyout firms last quarter closed just 226 “control” deals, and the 53 with disclosed values were worth just $46.1 billion. For context, 283 deals were completed in Q1 2007, with $103 billion in disclosed values.  But […]
When I won the PE Wire NCAA tournament pool last year, no one was more surprised than me. I grew up in New York City as a rabid Knicks fan with minimal interest in college basketball. Despite my lack of experience, I accurately forecast the final score of the 2007 National Championship with an 84–75 […]
The would-be Clear Channel bankers lost yet another legal battle today, as a Texas judge rejected their motion to dismiss the case. The judge also set a June 2 trial date, and made no changes to the temporary injunction granted two weeks ago. For those living under a rock — a rock without Internet access to peHUB […]
Manoir Industries SA, a French maker of metal components and assemblies, has acquired Hi
I spent part of yesterday’s flight reading BusinessWeek’s cover story on the Freescale buyout, which a headline writer suggests is “private equity’s ugliest deal.” Let’s leave aside that hyperbole for a moment, since Refco is private equity’s ugliest deal in recent memory, and Freescale isn’t (yet) nearly as ugly as the dozens of PE-backed companies making […]
BPL Global Ltd., a Sewickley, Penn.
Xtera Communications, an Allen, Texas-based provider of optical networking and services, has acquired Meriton Networks Inc., an Ottawa-based metro optical networking company. No financial terms were disclosed.   Xtera has raised over $218 million in total VC funding, from firms like The Wellcome Trust, New Enterprise Associates and Arch Venture Partners.   Meriton had raised […]
Imeem Inc., a Palo Alto, Calif.-based social media network, has acquired Snocap, a Palo Alto
Nimsoft, a Redwood City, Calif.-based provider of IT service-level management solutions, has acquired Fort Collins, Colo.-based competitor Indicative Software for an undisclosed amount. Nimsoft last year raised $10.3 million from JMI Equity and Northzone Ventures. Indicative has raised $17.3 million from firms like Sequel Venture Partners, Sutter Hill Ventures and Vista Ventures.
Icera Inc., a UK-based developer of wireless chipsets, has acquired Sirific Wireless Ltd., a Richardson, Texas-based fabless provider of single-chip, multi-band CMOS RF transceivers for the 3.5G market. No financial terms were disclosed. Icera has raised over $140 million in total VC funding since 2002, including a recently-announced $40 million Series D round that technically […]

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