CCMP Capital has completed its acquisition of a 37% stake in Oklahoma City-based oil and gas producer Chaparral Energy, for $345 million.
Roark Capital Group has acquired Wingstop Restaurants Inc., a Richardson, Texas-based chain of more than 650 chicken wing restaurants in operation or in development. No financial terms were disclosed.
Roll Coater Inc., a portfolio company of Willis Stein & Partners, has acquired the coil coating assets of Material Sciences Corp. The deal was valued at $10 million.
EducationDynamics, a provider of marketing services to the education sector, has acquired Education Connection, a resource that helps prospective students find suitable colleges, from Kaplan. No financial terms were disclosed. EducationDynamics is a portfolio company of Halyard Capital.
Green Bank, a Houston-based bank focused on the middle-markets, has raised $115 million in private equity funding from Friedman Fleischer & Lowe, Harvest Partners and Pine Brook Road Partners. No one firm will own more than 24.9% of Green Bank's common stock through the deal, which is subject to regulatory approval.
(Reuters) – The court-appointed trustee in charge of recovering money for creditors in the Buffets Holdings Inc bankruptcy case has sued former owners of the company, claiming they “bilked Buffets of hundreds of millions of dollars,” leaving it insolvent. The trustee, JLL Consultants Inc, claimed in a lawsuit filed last Wednesday that private equity firms […]
Here are some potential target ideas, rumored or official, to jumpstart your deal pipeline. Our sources are various news reports and the Buyouts "Seeking Buyers" list. Aker USA, may sell Aker Philadelphia Shipyard ASA and Aker Drilling USA. (BusinessWeek) Norilsk Nickel is considering selling a control stake in Stillwater Mining Co., according to American Metal Market. (AMM) Palm is seeking buyers after a week of rumours, Bloomberg reported. The company hired Goldman Sachs to shop it. HTC Corp. and Lenovo Group are two potential bidders.
CHICAGO (Reuters) – DynCorp International Inc (DCP.N) has accepted a $1.5 billion takeover bid, including the assumption of debt, from private equity firm Cerberus Capital Management LP, the defense contractor said on Monday, sending its shares up 48 percent. Under the deal approved by DynCorp’s board, shareholders will receive $17.55 in cash for each share […]
Munchkin Inc., a North Hills, Calif.-based maker of infant and toddler products, has sold a "significant minority stake" to Ontario Teachers' Pension Plan for an undisclosed amount.
LONDON (Reuters) – Jon Moulton’s Better Capital (BCAP.L) on Friday said it had bought the UK arm of Reader’s Digest from its administrator, securing the future of a monthly magazine sent to nearly 500,000 readers. The private-equity firm said on Friday it had bought the business, which also sells books and CDs and runs a […]