Partners Group has closed a new mezzanine debt fund with €553 million in capital commitments.
M/C Venture Partners has completed its sale of Fusepoint Inc., a provider of managed IT and colocation services to enterprises in Canada, to Savvis Inc. (Nasdaq: SVVS). The deal was valued at $124.5 million in cash.
(Reuters) – Oil and natural gas exploration company Oasis Petroleum Inc (OAS.N) said late on Wednesday it priced its initial public offering at $14 a share. Houston, Texas-bases Oasis sold 42 million shares in its offering. The company had earlier planned to sell the shares for $13 to $15 each. The company is leasing land […]
(Reuters) – Higher One Holdings Inc ONE.N, which provides banking services to colleges and college students, priced shares in its initial public offering below the expected range, according to a market source. The company sold 9 million shares for $12 each, raising about $108 million. It had planned to sell 14.25 million shares for $15 […]
(Reuters) – ICICI Venture, the private equity arm of No. 2 Indian lender ICICI Bank (ICBK.BO), has hired Manikkan Sangameswaran, former chief of Babcock & Brown Infrastructure’s BBI.AX India unit, to head its infrastructure business. Sangameswaran will head the private equity arm’s soon-to-be-launched infrastructure fund, ICICI Venture Chief Executive Vishakha Mulye said. ICICI Venture also […]
NASSAU (Reuters) – Bahamas-based luxury resorts operator Kerzner International said on Wednesday it had hired the Blackstone Group (BX.N), a leading private equity firm, for advice on the restructuring of its multibillion-dollar debt. Ed Fields, a Kerzner International spokesman, said the owner of the Atlantis and One & Only Ocean resorts on Paradise Island in […]
(Reuters) – British oil and gas company Fairfield Energy said it plans to raise around $450 million and $500 million through a listing on the London Stock Exchange and will use the funds to boost its oil production. North Sea-focused Fairfield said on Thursday it expected to complete the offering and be admitted to London’s […]
Madison Dearborn Capital Partners has completed its take-private acquisition of BWAY Holding Co., a North American supplier of general line rigid containers. BWAY stockholders received $20 per share, for an enterprise value of approximately $915 million (including assumed debt). Bank of America Merrill Lynch and Deutsche Bank Securities provided leveraged financing.
Chris Langone has joined Symphony Technology Group as vice president of business development. He will be based in Palo Alto, and previously was a New York-based vice president with Redwood Capital Group.
MILAN/LONDON (Reuters) – Italian fund F2i and private equity firm CVC have pulled out of the bidding for Endesa SA’s (ELE.MC) gas grid, people familiar with the matter said, while M&G Investments said it had also dropped out. Suitors recently entered indicative bids for the Spanish utility’s gas network, and remaining bidders are now preparing […]