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Private equity deals
KKR Asset Management has agreed to acquire a 9.5% stake in Indonesian snack-maker Tiga Pilar Sejahtera Food (Jakarta: AISA) for an undisclosed amount. http://www.tigapilar.com Roark Capital Group...
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Michael Dell raises bid for Dell
Michael Dell and Silver Lake Partners increase their offer to $13.75 per share. But there's a catch. FORTUNE -- Michael Dell and Silver Lake Partners have increased their buyout offer for Dell Inc....
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KRG Capital loses co-founder
Mark King leaves KRG Capital ahead of next fundraise. FORTUNE -- Mark King has quietly left KRG Capital, the Denver-based private equity firm he co-founded in 1996. No word yet on King's future plans,...
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Dell rejects revised bid, but with a giant escape clause
Dell makes its founder an offer he probably can't refuse. FORTUNE -- Michael Dell and Carl Icahn finally have something in common: They are annoyed with Dell Inc.'s special committee. Dell's (DELL)...
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Hub International pays off for Apax
Apax generates big return from $4.4 billion sale of global insurance broker Hub International. FORTUNE -- Private equity firm Hellman & Friedman this morning announced an agreement to acquire...
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The never-ending Dell deal?
Putting the Dell sale in timeline context. FORTUNE -- The Dell (DELL) buyout seems to have been dragging on forever, but it has a long ways to go before calling the folks at Guinness. From what I can...
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Goodbye to one of private equity's good guys
In memoriam: Kevin Landry FORTUNE -- Kevin Landry passed away last week at the age of 69, after a long battle with lung cancer. He had been the second employee of Boston-based private equity firm TA...
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The University of California's $8 billion question mark
The University of California has invested billions into private equity funds. Does it know the results? FORTUNE -- The University of California has committed more than $8 billion to approximately 200...
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Private equity deals
Emerson (NYSE: EMR) has agreed to sell a 51% stake in its Carlsbad, Calif.-based embedded computing and power business to Platinum Equity, for approximately $300 million. Emerson will retain the other...
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Private equity deals
Global Health Innovation Fund has acquired a controlling interest in Physicians Interactive Inc., a Marlborough, Mass.—based provider of online and mobile clinical resources, from Perseus LLC. No...
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BlackBerry buyout unlikely
BlackBerry may soon learn that you can't always get what you want. FORTUNE -- Smartphone maker BlackBerry Inc. (BBRY) is "open" to going private, according to Reuters. How delightful. In related news,...
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Private equity deals
CVC Capital Partners said that it has "entered into exclusive final negotiations" to acquire certain European activities (excluding UK) of the Campbell Soup Co. (NYSE: CPB).www.campbellsoupcompany.com...
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Private equity deals
The Abraaj Group and CDC have invested an undisclosed amount into Rainbow Hospitals, a 450-bed paediatric and maternity healthcare business based in the southern Indian state of Andhra Pradesh....
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Private equity deals
Paulson & Co. has agreed to acquire Steinway Musical Instruments (NYSE: LVB) for approximately $512 million, or $40 per share. Steinway had previously agreed to be taken private for $35 per share...
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Private equity deals
The Abraaj Group and BLG Capital have acquired "a significant stake" in Republika Academic Apartments, a group of student accommodations in Istanbul. No financial terms were disclosed. EIG Global...
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Private equity execs buy NJ Devils
Apollo and Blackstone pros purchase second pro sports team. FORTUNE -- The National Hockey League today announced that its beleaguered New Jersey Devils franchise has been purchased by private equity...
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What will Icahn say about Dell earnings beat?
Dell has a surprisingly strong quarter. Does that change the PR math? FORTUNE -- Dell Inc. (DELL) today reported $14.48 billion in second quarter revenue and non-GAAP earnings of $0.25 per share,...
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Private equity deals
American Industrial Partners has agreed to acquire KMT Group from Sweden's Nordstjernan for an enterprise value of $147.5 million. KMT is a maker of ultrahigh-pressure pump products for the industrial...
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Michael Dell's motive: Why can't it be love?
Not all management buyouts are necessarily bad for shareholders. FORTUNE -- Ever since Michael Dell first offered to take Dell Inc. (DELL) private, certain people have come out in knee-jerk opposition....
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Private equity deals
CVC Capital Partners has agreed to acquire a majority stake in Skrill Group, a London-based provider of online payment solutions for consumers and businesses, from Investcorp for €600 million....
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