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Can Silver Lake walk away from Dell deal?
Dell's earnings decline could have an impact on its buyout deal. FORTUNE -- Dell Inc. this afternoon reported lower-than-expected earnings, including a stunning 9% year-over-year revenue decrease and...
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Private equity deals
Vista Equity Partners has agreed to acquire Websense Inc. (Nasdaq: WBSN), a San Diego-based provider of network security solutions against cyber-attacks and data theft, for approximately $907 million....
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Gabriel Gomez's private equity deal
U.S. Senate candidate's investment performance. FORTUNE -- Massachusetts voters are one month away from deciding whether or not former private equity investor Gabriel Gomez should be their next U.S....
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Private equity deals
The Blackstone Group has offered to acquire Pactera Technology International Ltd. (Nasdaq: PACT), a China-based provider of global consulting and technology services, for approximately $680 million, or...
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New York City loses its private equity boss
Head of NYC private equity investments heads to private firm in which NYC pension invested. FORTUNE -- Yesterday came news that Barry Miller had stepped down as head of private equity investments for...
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Private equity deals
Apax Partners has agreed to acquire specialty apparel retailer Rue21 (Nasdaq: RUE) for approximately $1.1 billion, or $42 per share (23% premium to yesterday's closing price). Apax previously owned...
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Can KKR dance the Saks two-step?
Merging Saks with Neiman Marcus may make sense, but it won't be easy. FORTUNE -- Kohlberg Kravis Roberts (KKR) reportedly is considering a massive luxury retail consolidation move: Buying both Saks...
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Beware of that hedge fund in the window
When hedge fund managers advertise, performance dips. FORTUNE -- Hedge funds soon will be allowed to advertise their wares to potential clients, thanks to a provision in last year's JOBS Act (which had...
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Private equity deals
Clearlake Capital Group has acquired approximately 89% of the outstanding shares of online fashion retailer Bluefly Inc. (Nasdfaq: BFLY) from principal shareholders like Rho Capital Partners, Soros...
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Private equity deals
Club Med has received a $700 million buyout offer from company management and existing shareholders AXA Private Equity and Fosun International. The €17 per share big represents a 23% premium to last...
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Private equity deals
Answers Corp., a portfolio company of Summit Partners and TA Associates, has acquiredWebcollage, a New York-based provider of online marketing materials management for retailers. No financial terms...
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David Petraeus joins private equity firm KKR
Former CIA director joins private equity firm. FORTUNE -- Former CIA director and retired military general David Petraeus has joined private equity firm Kohlberg Kravis Roberts & Co. (KKR) as...
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Exclusive: Silver Lake exec joins HP after working on Dell deal
Todd Morgenfeld has worked for 8 months on Silver Lake's buyout offer for Dell. Now he's joining the PC maker's chief rival. FORTUNE -- Todd Morgenfeld has left private equity firm Silver Lake Partners...
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The heart of private equity's political problem
Can a new crop of private equity candidates avoid Mitt Romney's mistakes? It may be harder than it looks. FORTUNE -- Politico today published an in-depth piece on how several private equity executives...
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Exclusive: Amy Shecter out as C. Wonder president
Amy Shecter transitioning to new role within Chris Burch's fashion empire. FORTUNE -- Amy Shecter is no longer president of women's fashion retailer C. Wonder, Fortune has learned. Her last day was...
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Did arena football team owner really run a private equity fund?
More questions than answers about "private equity fund manager" who owned Chicago's arena football team. FORTUNE -- Back in February, a man named David Staral purchased the Chicago Rush arena football...
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Icahn: Our Dell offer is coming soon
Rival bid for Dell coming "in the near future." FORTUNE -- Dell Inc.'s special committee today formally recommended the $13.65 per share buyout offer from Michael Dell and Silver Lake Partners, and...
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Private equity deals
AOL Inc. (NYSE: AOL) has sold its music sites and its Comics Alliance site to Townsquare Media Group, a portfolio company of Blue Chip Venture Co. and Oaktree Capital Management. No financial terms...
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Is Cerberus still indirectly supporting the NRA?
Cerberus says it has nothing to do with gun policy. Is that really true? FORTUNE -- When Cerberus Capital Management announced that it would sell firearms manufacturer Freedom Group in the wake of last...
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Private equity deals
Cinven, KKR and Warburg Pincus are among those prepping second-round bids for Raleigh, N.C.-based clinical research organization PRA International, which is being sold by Genstar Capital for upwards of...
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