Leonard Green closes buy of Packers Holdings

By Luisa Beltran — 1 year ago

Leonard Green & Partners has completed its buy of Packers Holdings from Harvest Partners. Financial terms weren’t announced. Kieler, Wis.-based Packers provides sanitation for more than 450 food processing plants every day. Harris Williams & Co. and Moelis & Co. provided financial advice to Packers. Morgan Stanley Senior Funding, General Electric Capital Corp. and Crescent Mezzanine provided financing.

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Lululemon in talks about possible buyout – WSJ

By Reuters News — 2 years ago

Lululemon Athletica Inc founder Dennis Wilson’s advisers have been talking to private equity firms to find out if they are interested in buying the yoga gear maker, the Wall Street Journal reported, writes Reuters. Leonard Green & Partners is among the interested parties, according to reports.

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PE-owned IMS Health raises $1.3 bln for IPO

By Iris Dorbian — 2 years ago

IMS Health has launched its IPO of 65 million shares after pricing it at $20 per share. The stock began trading Friday on the NYSE under the ticker symbol “IMS.” J.P. Morgan Securities, Goldman Sachs and Morgan Stanley & Co. are the lead underwriters. Headquartered in Danbury, Conn., IMS Health is a global information and technology services firm that focuses on the healthcare sector. It is owned by TPG Capital, CPP Investment Board and Leonard Green & Partners.

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Reuters – Best Buy Spurns $1bn Minority Investment

By Reuters News — 3 years ago

Best Buy Co has turned down a $1 billion minority investment proposal by founder Richard Schulze‘s three private equity partners, writes Reuters. Under the proposal, Leonard Green Partners, Cerberus Capital Management and TPG Capital would have each received a seat on the board of the world’s largest electronics retailer, writes Reuters.

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Investcorp Realizes CCC Investment

By Angela Sormani — 3 years ago

Investcorp has completed the sale of CCC Information Services to Leonard Green & Partners. CCC is a provider of advanced software and workflow tools to the insurance automotive claims and collision repair industries. The sale unlocks over $550 million in proceeds for Investcorp and its investors.

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CCC Backed by Leonard Green & Partners

By Angela Sormani — 3 years ago

Leonard Green & Partners is to acquire a controlling interest in CCC Information Services from Investcorp. CCC is a provider of advanced software and workflow tools to the insurance automotive claims and collision repair industries. Committed debt financing has been provided by certain affiliates of Goldman Sachs, including its principal mezzanine funds and J.P. Morgan.

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