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News Briefs

Lori Hoberman has joined the New York office of law firm Chadbourne & Parke as head of a newly-formed emerging company and venture capital team. She previously was with Fish & Richardson.
Aurora Diagnostics LLC, a Palm Beach Gardens, Fla.-based diagnostic lab and anatomic pathology company, has filed for a $150 million IPO. It plans to trade on the Nasdaq under ticker symbol ARDX, with Morgan Stanley, Barclays Capital and UBS Investment Bank serving as co-lead underwriters. The company reports $171 million in net 2009 revenue, compared to $159 […]
LOS ANGELES (Reuters) – Supermarket chain BI-Lo LLC said on Thursday it expects to exit bankruptcy in May, backed by its private equity owner Lone Star Funds, after it received court confirmation for a reorganization plan. BI-Lo, which has 207 supermarkets and over 15,000 staff, filed for bankruptcy 13 months ago, just days before two […]
NEW YORK (Reuters) – Investment firm Carlyle Group on Thursday said it will acquire $5.1 billion of credit assets from Stanfield Capital Partners, a New York-based fixed income money manager, the first of many such deals in a consolidating corner of the market. Carlyle, one of the world’s largest private equity investors, agreed to purchase […]
PARIS (Reuters) – One of the leading shareholders of Sperian Protection (SPEP.PA) is challenging an offer made by investment fund Cinven for the French protective equipment maker, Les Echos said on Friday.Investment fund Governance for Owners (GO), which holds about 10 percent of Sperian, has “serious doubts about the fairness of the offer and the […]
BRUSSELS, April 30 (Reuters) – Private equity firm CVC Capital Partners is hoping to get 500 million to 700 million euros ($666 million to $932 million) from floating a 25 percent stake in the Belgian postal service later this year, Belgian business daily De Tijd said on Friday.CVC owns 50 percent minus one share in […]
SINGAPORE (Reuters) – Private equity firm AIF Capital will buy a 10 percent stake in a Chinese university owned by Singapore-listed Raffles Education (RLSE.SI).The Hong Kong-based AIF will pay 350 million yuan ($51.28 million) for the stake in Oriental University City, which is located in China’s Hebei province and caters to around 36,000 students. The […]
TharpeRobbins Company Inc., a developer of employee attraction and retention programs, has raised an undisclosed amount of private equity funding from Gridiron Capital. The deal also included one-stop debt and equity co-investment from Maranon Capital.
Greg Bresner has joined SecondMarket as its first chief financial officer and head of data and analytics. He previously was COO of House Party Inc.
PARIS (Reuters) – French construction and concessions group Vinci (SGEF.PA) said on Thursday it would buy Faceo, a French company focused on technical maintenance. Vinci is acquiring Faceo from private equity group Apax Partners, which bought the company in 2007. The world’s largest construction group did not disclose the value of the transaction, but said […]
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