Slideshow: The Year’s Top Private Equity Deals

By Luisa Beltran — 3 years ago

Last week, we discovered which private equity firm was the biggest dealmaker. Now it’s time for the largest PE deals of the year. Global PE-backed M&A totaled $267 billion so far in 2012, a 12% drop from 2011, according to preliminary data from Thomson Reuters. Private equity-backed mergers targeting the U.S. reached roughly $137 billion year-to-date, a 7% decline from 2011.

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Spirit Airlines Announces Sale of Common Stock by Oaktree

By Angela Sormani — 4 years ago

Spirit Airlines has announced the public offering of 9,394,927 shares of common stock by certain existing stockholders affiliated with Oaktree Capital Management. Upon completion of the offering, investment funds affiliated with Oaktree will own no shares of common stock of Spirit Airlines. The company will not receive any proceeds from this offering. Deutsche Bank Securities […]

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Khosla’s SVP Raises Close to $270M for Latest Euro Fund

By Bernard Vaughan — 4 years ago

Strategic Value Partners LLC, the $4 billion hedge fund and private equity house started by distressed investing guru Victor Khosla, has secured close to $270 million in approvals and commitments for a distress-for-control European opportunities buyout fund, according to a source close to the firm. The target for the fund, Strategic Value European Opportunities (USD) […]

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Sponsors Generate $500M+ Through Secondary Offerings: CORRECTED

By Bernard Vaughan — 4 years ago

Several LBO shops in recent weeks have taken advantage of a reasonably healthy stock market to sell down stakes in public companies whose share prices have bloomed since going public, Buyouts reports in its June 4 edition. Separate sales on the secondary market by Blum Capital Partners, Clayton, Dubilier & Rice, Oaktree Capital Management, Sun Capital Partners […]

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SBA Acquires Mobilitie Assets From Oaktree

By Angela Sormani — 4 years ago

Wireless communications infrastructure provider SBA Communications Corporation, through its wholly-owned subsidiary SBA Monarch Acquisition has acquired assets from Oaktree Capital Management in Mobilitie. Mobilitie owns in excess of 2,300 tower sites in the US and Central America. SBA paid $850 million in cash and issued 5.25 million shares of its Class A common stock, making […]

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General Maritime Agrees Plan to Restructure

By Angela Sormani — 4 years ago

General Maritime Corporation has agreed a modified plan of reorganization with its creditors’ committee, funds managed by Oaktree Capital Management and holders of more than 40% of the company’s senior notes. General Maritime Corporation is a crude and products tanker company operating from ports in the Caribbean, South and Central America, the United States, West […]

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Mortgage Companies Look Ripe for Deals

By Bernard Vaughan — 4 years ago

Several private equity firms have lined up to invest in mortgage providers and servicers in recent weeks, suggesting more firms are eager to get back into a much maligned sector as it staggers out of the Great Recession,Buyouts reports in its March 26 edition. In less than a week, between March 9 and March 14, […]

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Sunrise and Oaktree Acquire Dancing Bear Aspen

By Angela Sormani — 4 years ago

Sunrise Company, a residential developer and Oaktree Capital Management have acquired private residence club, Dancing Bear Aspen. The intimate luxury mountain retreat has been acquired with no debt. PRESS RELEASE Sunrise Company, one of the country’s most respected residential developers with more than 50 years of experience, and certain funds managed by Oaktree Capital Management […]

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Carrington and Oaktree Acquire Rental Properties

By Angela Sormani — 4 years ago

Carrington has announced an agreement with Oaktree Capital Management to fund a purchase of up to $450 million in distressed single family homes on a national basis. These homes will be managed as rental properties by Carrington to meet the growing market demand for rental units. PRESS RELEASE Carrington Holding Company, LLC (Carrington) today announced […]

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Hanley Wood Completes Refinancing

By Angela Sormani — 4 years ago

Hanley Wood, a business-to-business media company serving the housing and commercial design and construction industries, has completed a recapitalization that will reduce its long-term debt from $410 million to $80 million. Hanley Wood’s new ownership group, led by certain funds managed by Oaktree Capital Management, Strategic Value Partners, and Tennenbaum Capital Partners, has invested $35 […]

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Sterling Group Buys Liqui-Box

By Luisa Beltran — 4 years ago

The Sterling Group has acquired Liqui-Box Corp. from DuPont. Financial terms were not announced. Liqui-Box is the fourth business Sterling has bought from DuPont. Worthington, Ohio-based Liqui-Box supplies bag-in-box flexible packaging to the global dairy, beverage and bulk food markets. BNP Paribas and BMO provided senior debt while Oaktree Capital Management supplied mezz debt.

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SLIDESHOW: Top 10 Global Cleantech Funds Raised YTD

By Angela Sormani — 4 years ago

Cleantech funds seem to be the flavor of the month in Asia where most recently major Malaysian banking group RHB Banking has teamed up with Japanese SBI Investment to launch the Asia CleanTech Fund. Figures for the third quarter suggest there is a hunger for cleantech deals inspite of the turmoil in global financial markets. […]

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