This isn't Office Depot's first time at the acquisition altar
Office Depot in merger talks, 17 years after being denied by government regulators. FORTUNE -- Office Depot (ODP) reportedly is in talks to merge with Office Max (OMX), in a consolidation play aimed at...
View ArticleHow private equity performs in a (financial) crisis
Did private equity really overpay for companies before the financial crisis? FORTUNE -- Private equity gets a lot of grief for its so-called "Golden Age," and not only because The Carlyle Group's David...
View ArticleThe rehabilitation of Steve Rattner
Steve Rattner gets by with a lot of help from his friends. FORTUNE -- Well, it's official: Steve Rattner's reputation has been rehabilitated, just two years after settling with federal and state...
View ArticleHey Dell, what the hell?
Dell talks earnings, not buyout. FORTUNE -- Dell Inc. today reported an 11% revenue decrease for 2012 to $14.3 billion, which actually beat analyst expectations. It also reported earnings of $0.40 per...
View ArticleCyberdefense: A new opportunity for investors
Budget cuts loom for traditional military contractors - but electronic-security companies will flourish. FORTUNE -- It's no secret that the Defense Department faces draconian budget cuts if Congress...
View ArticlePrivate equity deals
BC Partners and CVC Capital Partners are planning a €3.5 billion buyout bid for French catering company Elior, according to the FT. Sellers would include Charterhouse Capital Partners, Chequers Capital...
View ArticleMutual fund managers could be tomorrow's buyout kings
T. Rowe Price and other mutual fund managers are fighting to stay relevant as investors shift away from actively managed funds. Is private equity a way out? By Lauren Silva Laughlin FORTUNE -- U.S....
View ArticlePrivate equity deals
Apollo Global Management and Onex Corp. both offered to buy theme park operator SeaWorld Entertainment from The Blackstone Group, according to Bloomberg. That said, the report suggests that Blackstone...
View ArticleBig year for private equity stocks
Carlyle's earnings miss aside, it's been quite a run for listed private equity firms. FORTUNE -- Private equity firm shares have been on a year-long tear, even though yesterday's headlines were about...
View ArticleSun Capital's Scooter Store situation
Scooter Store has a big problem, but it's not really a private 'equity' problem. FORTUNE -- Yesterday the FBI raided the Texas headquarters of The Scooter Store, a maker of motorized scooters for the...
View ArticlePrivate equity deals
TPG Capital has agreed to acquire Assisted Living Concepts Inc. (NYSE: ALC), a Menomonee Falls, Wisconsin-based operator of 210 senior living residences in 20 states. The deal is valued at...
View ArticlePrivate equity's doughnut hole
Will private equity save itself from itself? FORTUNE -- Private equity has become the proverbial fat man in the doorway of a doughnut shop. He knows that going inside isn't good for his health, but he...
View ArticleCarlyle's Rubenstein: Private equity has recovered
What didn't kill private equity made it stronger. FORTUNE -- David Rubeinstein, co-founder of The Carlyle Group (CG), believes that the private equity industry is stronger today than before the Great...
View ArticleWhat the private equity industry thinks
Are we already at peak private equity? FORTUNE -- Hundreds of private equity professionals this morning participated in an electronic polling session, as part of the SuperReturn International...
View ArticleHenry Kravis: Environmentally-friendly fracker?
KKR threads the needle on controversial environmental issue. FORTUNE -- Henry Kravis, co-founding CEO of Kohlberg Kravis Roberts & Co. (KKR), says that his firm is focused on both shale gas...
View ArticleKravis: KKR is not Blackstone
A private equity firm by any other name.. FORTUNE -- Henry Kravis wants institutional investors to know he runs a private equity firm. That may sound obvious to those with even a fleeting knowledge of...
View ArticlePrivate equity deals
CoBe Capital has agreed to acquire the furniture/cabinetry division of listed Slovenian home equipment company Gorenje. No financial terms were disclosed. www.gorenje.com Finalsite, an East Hartford,...
View ArticleThomas H. Lee Partners still not fundraising
Thomas H. Lee Partners appears to be in no hurry. FORTUNE -- Thomas H. Lee Partners is taking it slow. No new deals since last June, and no plans to raise a new fund until later this year. Last summer,...
View ArticleMichael Dell needs to talk or quit
The PC maker's silence has become deafening. FORTUNE -- Ever since Dell Inc. announced in January that it had accepted a $24.4 billion buyout offer from founder and CEO Michael Dell, plenty of people...
View ArticlePrivate equity deals
Berkshire Partners announced that it has acquired a majority stake in SRS Distribution Inc., a McKinney, Texas-based roofing supply company, from AEA Investors. No financial terms were disclosed for...
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