Private equity deals
Apax Partners has completed its previously-announced $570 million acquisition of the Cole Haanhandbag and shoe brand from Nike Inc. (NYSE: NKE). www.apax.com The Blackstone Group has acquired a control...
View ArticleWhat will be Dell's price?
Still awaiting specifics of Dell deal. FORTUNE -- Earlier today I received an email from someone at Silver Lake Partners. I opened it immediately, only to be crestfallen when it was just an...
View ArticleExclusive: C. Wonder raises $35 million
Chris Burch secures big investment for preppy retail chain. FORTUNE -- Women's fashion retailer C. Wonder has raised $35 million in private equity funding, Fortune has learned. The investment comes...
View ArticleDell deal is done
Dell going private for $24.4 billion. FORTUNE -- Dell Inc. (DELL) this morning announced that it has agreed to be acquired for $24.4 billion, or $13.65 per share. The purchasing group would include...
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Confie Seguros, a personal insurance company focused on Hispanic consumers, has acquired two new insurance agencies: Cannello Agency (Niagra, NY) and Moose Insurance (Oakland, FL). No financial terms...
View ArticleWhy Microsoft 'loaned' Dell $2 billion
Microsoft worried that equity stake would have upset others. FORTUNE -- There weren't too many surprises in Dell Inc.'s announcement that it has agreed to be taken private for $24.4 billion. Except for...
View ArticleDell deal: HP and Lenovo respond
Dell's PC rivals have their say. FORTUNE -- Dell Inc. (DELL) is going private, and now its rivals are beginning to chime in on the $24.4 billion deal. First up was Hewlett-Packard (HPQ), which is the...
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Desert NDT LLC, a portfolio company of Sterling Partners, has acquired T&K Inspection Inc., a Williston, N.D.-based provider of industrial X-ray services to customers in North Dakota and Montana....
View ArticleDell's tax dodge?
Dell's buyout won't free its 'trapped' foreign cash. FORTUNE -- Dell Inc. has approximately $11 billion of cash "trapped" overseas. And now some folks think that the company's $24.4 billion buyout will...
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The Carlyle Group has completed its previously-announced acquisition of asset management firm TCW Group from Société Générale. No financial terms were disclosed. www.carlyle.com Costa Group, an...
View ArticleWhy did Dell force employees to sell shares?
Dell made employees dump shares in the midst of buyout discussions. FORTUNE -- Last October, certain Dell employees were forced to sell some of their company stock at just $9.55 per share. Now the...
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Charlesbank Capital Partners and Webster Capital have completed their previously-announced $525 million acquisition of OneStopPlus, a plus-sized mail-order fashion business, from France's PPR SA....
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American Capital has acquired ASAP Industries LLC, a Houma, La.-based maker of flow control products for companies ranging from small local operations to major oilfield services companies and original...
View ArticleMajor defection at Madison Dearborn
Tim Hurd leaving to form new fund. FORTUNE -- Tim Hurd has left Chicago-based buyout firm Madison Dearborn Partners, where he was in charge of financial services investments. Also gone is Eddie...
View ArticleDell vs. Dell shareholders
Dell's largest outside shareholders are opposing its $24 billion buyout plan. FORTUNE -- T. Rowe Price yesterday became the latest Dell Inc. shareholder to oppose the company's plans to go private,...
View ArticleMeredith will likely need help in a Time Inc. deal
Meredith Corp. wants to buy People magazine, but it's going to need help. FORTUNE -- As Fortune reported earlier Wednesday, Time Warner is in talks to sell most of its magazine assets to Meredith Corp....
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Accel-KKR has agreed to acquire Sage Nonprofit Solutions, an Austin, Texas—based provider of accounting, donor and fundraising management and grant management software to nonprofits, from Sage Group...
View ArticlePrivate equity's next political candidate
Advent International investor running for U.S. Senate. FORTUNE -- It appears that the next private equity candidate for federal office will again be coming from Massachusetts. Gabriel Gomez, a...
View ArticleDoes Warren Buffett still hate private equity?
Warren Buffett has teamed up with 3G Capital to buy Heinz. Yes, that's a private equity firm. FORTUNE -- Warren Buffett is no fan of private equity, having said that buyout firms are short-term...
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Investcorp has acquired Hydrasun, a Scottish provider of fluid control equipment and solutions for the global offshore oil and gas sector, from Equistone Partners Europe. No financial terms were...
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