Clik here to view.
Pre-Marketing: Obama pal gets into private equity
* Romney bait: Obama pal forming private equity fund * Atonymous: Inside HP's missed chance to avoid disaster * Shooting blanks: Banks don't want to help sell gun company * Morning Call: U.S. futures...
View ArticleClik here to view.
Private equity deals
Direct Marketing Solutions Inc., a Portland, Ore.-based direct marketing company for Fortune 1000 companies, has been acquired by an investor group that includes Caymus Equity Partners andCenterfield...
View ArticleClik here to view.
Obama's new private equity connection
Marty Nesbitt forming mid-market private equity firm. FORTUNE -- One of President Obama's best friends is forming a private equity firm. Insert Mitt Romney's chagrin here. The pal is Marty Nesbitt, who...
View ArticleClik here to view.
How Dell could help finance its own buyout
Why banks may be eager to lend Dell $15 billion. FORTUNE -- Dell Inc. has its major asset—about $11 billion of cash—located primarily outside the United States. That means that it would face a...
View ArticleClik here to view.
Private equity deals
TPG Capital has agreed to acquire both Eze Castle Software and RealTick from ConvergEx Group, a portfolio company of GTCR and BNY Mellon. No financial terms were disclosed for the deal, although peHUB...
View ArticleClik here to view.
Silver Lake's Hutchins keeps mouth shut
No talk of Dell, or anything else. FORTUNE -- Silver Lake Partners co-founder Glenn Hutchins was scheduled to be on CNBC this morning, with a producer tweeting that he would be asked about his firm's...
View ArticleClik here to view.
Private equity gets deeper into debt
Leverage multiples on the rise. FORTUNE -- Leveraged buyout debt multiples are on the rise, according to S&P Leveraged Commentary & Data. LCD breaks its numbers out by company size, with...
View ArticleClik here to view.
Let's get the Dell class action started
Preemptively "investigating" the sale to Silver Lake. FORTUNE -- Every time private equity agrees to acquire a publicly-traded company, a bevy of plaintiff's attorneys initiate "investigations." Never...
View ArticleClik here to view.
Private equity deals
Brookside Equity Partners has led a buyout of Hillsdale Furniture LLC, a Lexington, Ky.-based maker and importer of residential furniture, from Clearview Capital. No financial terms were disclosed for...
View ArticleClik here to view.
Bain Capital's public pension problem
Bain Capital's 2013 fundraising runs into 2012's election. FORTUNE -- Mitt Romney is a forgotten man for most Americans, but he's still causing some headaches for Bain Capital. The private equity firm...
View ArticleClik here to view.
Private equity deals
Ontario Teachers' Pension Plan, TPG Telecom (Australia) and PCCW Ltd. (Hong Kong) are expected to be final bidders for the fiber-optics business of Leighton Holdings Ltd. (ASX: LEI), according to...
View ArticleClik here to view.
Private equity deals
American Industrial Partners has acquired the operating assets of Potomac Supply Corp., a Kinsale, Va.-based forest products company. No financial terms were disclosed for the deal, which was managed...
View ArticleClik here to view.
An unlikely Twinkies savior?
Apollo gets closer to its first big food deal. FORTUNE -- There are multiple reports that Hostess has picked Apollo Global Management and C. Dean Metropoulos as the "stalking horse" bidder for most of...
View ArticleClik here to view.
Private equity deals
JLL Partners has agreed to acquire BioClinica Inc. (Nasdaq: BIOC), a Newtown, Penn.—based provider of clinical trial management solutions, for $123 million, or $7.25 per share. JLL Partners also...
View ArticleClik here to view.
Of course Michael Dell wants control
Michael Dell was never looking to be a small fish in his own pond. FORTUNE -- Bloomberg is reporting that Michael Dell is seeking majority control of Dell Inc. (DELL), the PC maker that is in talks to...
View ArticleClik here to view.
Private equity deals
CVC Capital Partners may lead a €1.8 billion equity infusion into listed Dutch insurance and banking group SNS Reaal, according to a local newspaper report. A group of three Dutch banks also would...
View ArticleClik here to view.
Blackstone's unconventional debt wisdom
Cheap debt is bad for buyouts? FORTUNE -- Credit is the fuel of private equity, often allowing buyout firms to contribute just 30% or 40% of acquisition prices. And the better the credit terms, the...
View ArticleClik here to view.
Private equity deals
The Carlyle Group, CVC Capital Partners and Kohlberg Kravis Roberts & Co. are among those that have submitted non-binding offers for control of French fashion brands Maje, Sandro and Claudie...
View ArticleClik here to view.
Exclusive: CHS Capital to wind down
Chicago private equity firm won't raise another find. FORTUNE -- CHS Capital, the Chicago-based private equity firm formerly known as Code Hennessy & Simmons, has decided to call it a day. Fortune...
View ArticleClik here to view.
Dear Dell: Don't you dare
Dell buyout announcement may be soon, too soon. FORTUNE -- There are multiple reports that the Dell Inc. (DELL) buyout is nearing the finish line, as Silver Lake Partners and Michael Dell plan to spend...
View Article