Brynwood Partners, which is expected to begin fundraising for its latest fund next year, has agreed to buy a controlling stake in the Back to Nature brand food business, according to sister Web site peHUB.
For New Mountain Capital, good things come to those who wait seven years, according to sister Web site peHUB.
Summer Street Capital Partners is nearing its $300 million target for its third fund, according to sister Web site peHUB.
Ares Management needs just six months to hit the $4.7 billion hard cap for its latest fund, according to sister Web site peHUB.
CCMP Capital Advisors has agreed to invest in Ollie’s Bargain Outlet. Financial terms weren’t announced. The seller is the former Saunders Karp & Megrue, which merged with Apax Partners in 2005. Mark Butler, Ollie’s cofounder, will remain Chairman and CEO. He will also retain a significant ownership position in Ollie’s as the company’s largest individual […]
Clayton, Dubilier & Rice has agreed to buy David’s Bridal Inc. in a deal that values the wedding apparel store at $1.05 billion. Leonard Green & Partners will continue as a minority shareholder, the firm said in a press release Tuesday. PRESS RELEASE Clayton, Dubilier & Rice today announced a definitive agreement to acquire […]
Best Buy Co Inc. agreed to open its books to founder and former chairman Richard Schulze to allow him to firm up a potential $8.8 billion buyout bid for the struggling U.S. consumer electronics retailer, Reuters wrote Monday. The news pushed Best Buy shares up as much as 7.7 percent to $18.65 on Monday, though […]
The founders of Indian auto components maker Bharat Forge are in talks with private equity firms to sell a $300 million stake in their wind energy firm, Kenersys, two sources familiar with the matter said, Reuters wrote Tuesday. The transaction would dilute part of the controlling stake of the Kalyani group in the alternative energy […]
Denver-based private equity Excellere Partners has completed its investment in PhyMed Management, the management services company to Anesthesia Medical Group. This is the second platform investment in Excellere Capital Fund II, L.P. Nashville, Tenn.-based AMG is a provider of anesthesia services. PRESS RELEASE Excellere Partners, a Denver-based private equity firm focused on partnering with middle-market […]
Private equity investor Advent has reached an agreement with two big shareholders in Douglas Holding AG and may present a takeover offer for the German books-to-perfumes retailer as soon as next week, the Financial Times Deutschland newspaper reported, citing financial sources. The agreement with the shareholders, Erwin Mueller and the Oetker family, paves the way […]