Berkshire Partners in line to get another dividend from National Vision
In a joint venture, the Dow Hotel Company and the Carlyle Group‘s Carlyle Realty Partners VI fund have acquired the Lakeway Resort and Spa near Austin, Texas. Terms of the deal were not released, though the owners said that they would invest more than $5 million to complete a renovation started by the prior ownership […]
U.S. private equity fund TPG Capital has acquired private Chinese packaging company HCP Holdings Inc. for around $600 million, the Thomson Reuters publication Basis Point reported. HCP was founded in 1961 in Taiwan but has most of its operations in China. (Reuters) – U.S. private equity fund TPG Capital has acquired private Chinese packaging company […]
Apollo Global Management said late Monday that Gene Donnelly is resigning as CFO and will be replaced by Martin Kelly. Kelly’s start date at Apollo will be “no later” than Oct. 1, the statement said. Kelly most recently was the Americas CFO at Barclays Capital, according to the WSJ. Donnelly is resigning from Apollo to pursue other […]
Golden Gate Capital is providing a five-year, $65 million senior secured term loan to Coldwater Creek. The retailer also completed an amendment to a $70 million revolving credit facility with Wells Fargo that matures on May 16, 2016. As part of the deal, Golden Gate has the right to purchase up to 19.9% of Coldwater […]
Z Capital Partners has acquired a nearly 25% stake in Affinity Gaming. Financial terms were not announced. Las Vegas-based Affinity is a diversified casino gaming company with 12 casinos spread throughout Nevada, Missouri and Iowa. PRESS RELEASE Z Capital Partners, L.L.C. (“Z Capital”), a private equity firm focused on revitalizing businesses, today announced that it […]
J.F. Lehman & Co. said Monday that it has acquired ACR Electronics. Financial terms weren’t disclosed. Chelton Avionics, subsidiary of Cobham, was the seller. ACR Electronics is a global provider of safety products and solutions to the aviation, marine, military and commercial markets. BNP Paribas provided debt financing. PRESS RELEASE J.F. Lehman & Company (“J.F. […]
The Wicks Group of Cos. has acquired Northstar Travel Media. Financial terms weren’t announced. The seller is BV Investment Partners. Northstar is a B2B information company serving the travel and meeting industries. PRESS RELEASE BV Investment Partners (“BV”), a leading middle-market private equity firm investing in the information and business services and communications sectors, today […]
If you were wondering why so much money is trying to find a home in mid-market leveraged loans, look no further than the track record of Audax Group.
Madison Dearborn looks like it will exit Bolthouse Farms after a near seven-year hold.