Lamar Advertising Buys NextMedia Outdoor

By Luisa Beltran — 3 years ago

NextMedia Group said late Tuesday that it has sold NextMedia Outdoor, its outdoor advertising unit, to Lamar Advertising Co. for $145 million. Englewood, Colo.-based NextMedia, which is backed by Strategic Value Partners and Angelo, Gordon & Co., operates 33 stations across eight markets in the U.S. With the sale of Outdoor, NextMedia says it will focus on the radio broadcasting business.

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Strategic Value Partners Appoints McGuinness Senior MD

By Angela Sormani — 3 years ago

Strategic Value Partners, an investment firm focused on distressed, event driven and turnaround investments, has appointed Stephen J. McGuinness as a senior managing director. McGuinness will report to Victor Khosla, SVP’s founder and senior managing director. PRESS RELEASE Strategic Value Partners, LLC (SVP), a leading global investment firm focused on distressed, event driven and turnaround […]

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SVP Closes Fund II Above Target

By Angela Sormani — 4 years ago

Strategic Value Partners, a global investment firm with offices in Greenwich (CT), London, Frankfurt and Tokyo has reached a final close of Strategic Value Special Situations Fund II at $918 million. The Fund had an original target of $600 million. SVP focuses on distressed, event driven and turnaround investments. PRESS RELEASE Strategic Value Partners (SVP), […]

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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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IWP International To Sell Polbita Sp. zo.o

By Luisa Beltran — 4 years ago

IWP International is selling Polbita Sp. zo.o, which owns and operates Drogerie Natura, to Interchem. Financial terms wasn’t announced. IWP is a portfolio company by Strategic Value Partners . Drogerie Natura is a Polish personal care retail chain.

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Strategic Value Partners Exits Liberty Electric

By PEHub Administrator — 4 years ago

Strategic Value Partners, the Connecticut-based private equity firm, sold its ownership position in Liberty Electric Generation Holdings to Energy Capital Partners, the energy-focused PE shop. Liberty owns a facility that operates near Philadelphia. SVP began investing in Liberty Electric’s debt and acquired 100% equity in 2007. J.P. Morgan is acting as exclusive financial advisor to Liberty Electric and SVP, and Milbank, Tweed, Hadley & McCloy LLP is representing SVP on the sale. Barclays Capital is acting as financial advisor to ECP and Latham & Watkins LLP is representing ECP with respect to the announced transaction.

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Terra Firma’s Hewett to Strategic Value Partners

By PEHub Administrator — 5 years ago

Michael Hewett will join Strategic Value Partners after a six-year run as managing director and head of investor relations with Terra Firma Capital Partners. He will be a managing director leading business development in Europe and the Middle East at SVP, working under Victor Khosla and Jean-Louis Lelogeais, co-founders of the firm.

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