Sentences with phrase «txu by private equity firms»

Vivint and Ancestry.com are just down the street: Both were unicorns — startups valued at $ 1 billion or more — before being acquired by private equity firms.

More recently, in late January of this year, Magnetar received another settlement of about $ 11 million, according to regulatory filings, from CEC Entertainment — the operator of Chuck E. Cheese kid - friendly restaurants — which it had sued seeking additional shareholder compensation in CEC's 2014 buyout by private equity firm Apollo Global Management (apo).

In 1989, the founders sold to AT&T, and in 2004 the company was acquired by private equity firm ABRY Partners.

«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accounts.

In fact, he just bought into a company that it majority owned by a private equity firm whose co-founder is credited with coining the phrase «private equity.»

They acknowledge they've had conversations with bankers and say they've been pitched relentlessly by private equity firms and other would - be buyers, but they are having too much fun to sell.

The company, which is controlled by private equity firm Cerberus Capital Management, will shed some $ 700 million in debt in the prepackaged reorganization that will be filed soon with federal bankruptcy court in Wilmington, Del..

The electronic payment transaction provider will be acquired by private equity firm Francisco Partners for $ 3.4 billion, according to a statement released Monday afternoon.

But industry observers are anticipating a wave of opportunistic investments by private equity firms.

(Staples recently said it would be acquired by private equity firm Sycamore Partners for $ 6 billion in a deal set to close in the coming weeks.)

A quiet decision by private equity firm Blackstone Group LP to recently sell three TV stations may foreshadow uncertain returns for some selling TV airwaves and lower wireless demand in the U.S. government's upcoming spectrum auction, industry watchers say.

What's more, after twelve years of ownership by private equity firm Cerberus, including a 2015 IPO filing that was twisting in the wind, Albertsons had to do something.

(Last night, office supplies retailer Staples (spls) said it was being bought by private equity firm Sycamore Partners, a year after its own mega deal to buy smaller rival Office Depot failed to win over regulators.)

Seedrs makes money by taking roughly 6 per cent commission on funds raised, and then a share of any increase in value when the company is sold — similar to the «carry» earned by private equity firms.

CNBC's Kate Rogers reports on Verifone to be acquired by a group led by private equity firm Francisco Partners for $ 3.4 billion in an all - cash deal.

Hostess, founded in 1919, was picked up from bankruptcy in 2013 by private equity firm Apollo Global Management LLC and consumer industry investor C. Dean Metropoulos for $ 410 million.

And nearly two years ago, it was sold to Galaxy Brand Holdings, an investment vehicle owned by private equity firm The Carlyle Group (CG).

The biggest radio broadcaster in the US with nearly 850 radio stations, iHeartMedia, formerly called Clear Channel Communications — which was acquired by private equity firms Bain Capital and Thomas H. Lee Partners in a leveraged buyout at the apex of the LBO boom just before the Financial Crisis — has finally filed for Chapter 11 bankruptcy, after threatening to do so since 2010.

In November 2014, Lisa Falzone's company raised a $ 110 million round of funding led by private equity firm Welsh, Carson, Anderson, and Stowe.

San Antonio - based Rackspace was itself acquired by private equity firm Apollo Global in a $ 4.3 billion deal just over a year ago.

With the help of a recruiting firm, PagerDuty pursued Tejada, an experienced executive who took charge of the marketing software company Keynote Systems in 2013 after it was acquired with her help by private equity firm Thoma Bravo.

In April 2014, Airbnb had closed a $ 450 million round of funding, led by private equity firm TPG, at a $ 10 billion valuation.

Methodology Discovery Data compiled the rankings based on discretionary and nondiscretionary assets under management listed on SEC Form ADV. To capture independent fee - only planning firms, every effort is made to exclude firms with broker - dealer and insurance company affiliations and those with substantial outside ownership stakes held by private equity firms and some outside investors.

«We have not hired an adviser with regards to approaches by private equity firms,» a Mednax spokesman said.

IPOs backed by private equity firms have posted an average gain of 1.1 percent.

Cameron Belsher, leader of the mergers and acquisitions group at McCarthy Tétrault in Toronto, says this is the «most robust it's been since 2006 and 2007,» noting that much of the M&A activity is «not necessarily in the public domain,» but has been dominated by private equity firms.

Remington, which sought bankruptcy protection in March after sales fell and its debt piled up, will no longer be owned by the private equity firm Cerberus Capital Management.

Earlier this month, VCCircle reported that car - servicing startup Carcrew Technology Pvt. Ltd, backed by the TVS Group, secured $ 2 million (Rs 13 crore) in a fresh pre-Series A round led by a private equity firm.

NEW YORK More acquisitions of U.S. companies by private equity firms are being done through companies that are already owned by buyout funds, rather than the funds directly, a market report showed on Thursday, indicating this «bolt - on» strategy is catching on.

Athene, which is backed by the private equity firm Apollo Global Management, plans to list on the New York Stock Exchange and trade under the symbol ATH.

Career Step LLC, backed by private equity firm Revelstoke Capital Partners, has acquired Panacea Healthcare Solution, a technology - enabled consultant for the healthcare industry.

Airbnb's latest financing round is being led by private equity firm General Atlantic, and includes Hillhouse Capital Group, a Chinese fund manager, and Tiger Global Management, which just led a big $ 80 million financing for Postmates.

In October 2015, the company raised Rs 60 crore ($ 9 million) in its second institutional funding round led by private equity firm TVS Capital.

The company, formerly public but recently taken over by a private equity firm, still consciously tries to «do the right thing in the way that employees treat customers,» says Theodore Malloch, who leads Yale University's Spiritual Capital Initiative.

Schaafsma, who was appointed general manager of the UK, Ireland and Global Partners business in 2012 before becoming CEO of the company in 2015, steered the company through major restructuring after its acquisition by private equity firm Champ in 2011.

BFY Holdings, backed by private equity firm Permira, acquired New York State - based Medora Snacks, best - known for PopCorners, Pop Crinkles, and popped bean chips, in 2015.

Accolade, which is 80 per cent owned by private equity firm CHAMP, has installed a new general manager into the Grant Burge Wines business in Jeff Bond, who had been chief executive of Peter Lehmann Wines for five years until it was taken over by Casella Wines in late 2014 in a $ 57 million buyout deal.

Red Group had been owned by private equity firm Pacific Equity Partners but fell on hard times.

Teasdale Latin Foods («Teasdale»), a national provider of private label and branded Hispanic foods to the retail, food service and wholesale channels and majority owned by private equity firm Snow Phipps Group, announced that it has acquired Rudy's Tortillas («Rudy's»), an independent provider of high quality tortillas and chips into the foodservice channel.

BRL Hardy's brands including Hardys, Leasingham, Houghton and Brookland Valley are now owned by another private equity firm, CHAMP, and the company is now known as Accolade Wines.

More than $ 800 million in market value has been shredded from two ASX - listed companies, Treasury Wine Estates and quality assurance group SAI Global, since proposed takeover bids by private equity firms fell flat.

This is because Orica chairman Russell Caplan and his board are understood to have broadly laid out a potential timetable to institutional investors whereby they will hit the button by mid-November on a straight demerger of the Orica business if there's no decent, binding and fully funded sale contract by the private equity firms by then for the chemicals unit.

The food group, which is controlled by private equity firm Lion Capital, holds market leading positions in frozen foods in France, Sweden, Norway, and Finland and a market leading position in frozen and chilled seafood in the UK.

Developed and owned by private equity firm Consumer Capital Partners (CCP), Smashburger operates and develops both corporate and multi-unit franchise territories across the country with 164 restaurants worldwide.

(Adds company background, Blackstone comment) By Olivia Oran and Greg Roumeliotis Dec 14 (Reuters)- SeaWorld Parks and Entertainment, the family entertainment company controlled by private equity firm Blackstone Group LP, is close to filing for an initial public offering, according to sources familiar with the situation.

After floating on the stock exchange, the outfit expanded and won contracts in the UK with the NHS, before being bought by one of Australia's top 100 companies, then taken over by a private equity firm, ending up incorporated into a company owned by the Dubai royal family - bearing no relation to its initial purpose of being an»em ployee - led» mutual to provide more personalised services.

Brought by Connect, it described private equity as a «21st century gold - rush,» where takeovers by private equity firms frequently lead to a loss of rights and benefits for employees.

In 2014, Rossi licensed his technology to a company called Industrial Heat, which was formed by private equity firm Cherokee, a company that focuses on buying real estate and has a goal of cleaning up old industrial sites for redevelopment.

Urban Decay itself is owned by a private equity firm and though the company backed out of expanding into China, I wonder if the sale was out of the hands of the founder of Urban Decay.

Bergdorf GoodmanT, which is owned by private equity firms TPG Capital and Warburg Pincus.