Sentences with phrase «by the private equity firms by»

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.

Not exact matches

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.

NEW YORK — A private equity firm emerged Tuesday as the winning bidder for the Weinstein Co., the studio forced into bankruptcy by the sexual misconduct scandal that brought down Hollywood mogul Harvey Weinstein.

Grandpoint Capital was backed by a consortium of private equity firms including Stone Point Capital, Calera Capital, MidOcean Partners and Golden Gate Capital.

• Mednax, a U.S. healthcare network operator targeted by Elliott Management, is facing acquisition interest from several private equity firms, according to people familiar with the matter interviewed by Reuters.

Manbang, which is backed by Tencent and Jack Ma's private equity firm, hopes to raise between $ 500 million and $ 1 billion in capital to help it expand in China's growing logistics market.

Just ask Krispy Kreme, the iconic doughnut maker that will go private by early summer, following a buy - out from JAB Beech, a private equity firm that announced it will acquire the brand for $ 1.35 billion.

In addition to catapulting EverFi into the ed tech big leagues, the fundraising round marks the debut deal for lead investor Rise, a newly established social impact investing fund managed by TPG Growth, a private equity firm that has also backed Internet hotshots like Uber and Airbnb.

Safeway was bought last year by investors including private equity firm Cerberus Capital Management LP.

What's more, any big deal that private equity did, particularly any done by his old firm Bain Capital, would likely be subject to more media attention then ever.

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).

The strategic review will be headed by Timothy Dattels, who joined BlackBerry's board last year and is a senior partner at TPG Capital, one of the world's largest private equity firms.

Hopu Investments, a China - based private equity firm co-founded by former Goldman Sachs banker Fang Fenglei, was not available for immediate comment.

By the time Prada quietly dumped Dack's in December 2007 to private equity firm CoBe Capital of New York, just 10 stores remained.

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

Bisnow, a trade publication and events company based in New York City, has been acquired by Wicks Group, a private equity firm.

Mining - focused private equity firm Resource Capital Funds is seeking to privatise engineering and construction contractor Ausenco by way of a scheme of arrangement.

The investor group, led by American private - equity firm Silver Lake, now has to figure out how to convince more Skype users to actually pay for the communications service, all the while fending off Google, which is becoming a major competitor.

«Beginning in November 2014 and continuing until his arrest in March 2016, CASPERSEN engaged in a Ponzi - like scheme to defraud investors, including his close friends, family members, and college classmates, by falsely claiming that their funds would be used to make secured loans to private equity firms and would thereby earn an annual rate of return of 15 to 20 percent.

«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.

Now he's once again putting his money where his six - year - old's mouth is — by co-investing with Brazilian private equity firm 3G to buy Kraft (KRFT).

Whole Foods was also approached by two unidentified companies and four private equity firms looking to explore opportunities.

Many have put up their own shares or stock of companies they own as collateral for their loans and are increasingly copying the convoluted fund - raising strategies employed by American hedge funds and private equity firms in financing their global expansion drives.

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.»

The merger has been orchestrated by the two principals and Silver Lake, the private - equity firm that helped take Dell private in late 2013.

It was taken private in 2014 for $ 3 billion by a group of buyers that included company Chairman Yuzhu Shi and private equity firm Baring Private Equity Asiprivate in 2014 for $ 3 billion by a group of buyers that included company Chairman Yuzhu Shi and private equity firm Baring Private Equity Asiprivate equity firm Baring Private Equity Asiaequity firm Baring Private Equity AsiPrivate Equity AsiaEquity Asia Ltd..

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.

Private equity firms have been keen investors in businesses that help companies cut costs by outsourcing large parts of their administrative functions, since such operations can generate strong cash flows.

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..

Craig Powell is CEO of Motus, a Boston - based vehicle management and reimbursement app, which was acquired in January 2018, along with its rival Runzheimer, by Thoma Bravo, a private equity firm.

LONDON and SAN JOSE, Calif., May 01, 2018 (GLOBE NEWSWIRE)-- Permira, the global private equity firm, and Cisco (NASDAQ: CSCO), today announced that a company backed by the Permira Funds has entered into a definitive agreement to acquire Cisco's Service Provider Video Software Solutions (SPVSS) business.

MGF is owned by Aéropostale lender Sycamore Partners, a private - equity firm that has bought many retailers.

While the majority of the buyout was financed by Dell's personal fortune and private equity firm Silver Lake Management, an additional $ 2 billion was invested by Microsoft — not surprising considering Dell is the software maker's third - largest customer.

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.

It is majority - owned by the Brazilian private - equity firm 3G Capital, led by the billionaire Jorge Paulo Lemann.

(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.)

Nick Leopard, founder and CEO of private equity consulting firm Accordion Partners, says targets are especially hard to come by in the middle market.

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.

The company's growth has been further accelerated by its 2016 partnership with private equity firm TorQuest Partners, which specializes in mid-market firms and manages more than $ 2 billion of equity capital.

In 2009, Fitness World got a celebrity - branded makeover, after it was acquired by Steve Nash Sports Club as well as two American private - equity firms.

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.

And, whether we're talking about hedge funds or mutual funds, private equity or real estate trusts, there is not a single field with more than 5 percent of its assets managed by minority or women - owned firms, according to a recently released Knight Foundation report.

A person familiar with the matter said WPP, owner of ad agencies JWT and Ogilvy & Mather, had been contacted by one private equity group and a venture capital firm expressing interest in the Kantar business if WPP ever decides to sell.

(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.

For 2013, Ares reports $ 306 million in net economic income, a metric favored by publicly - traded private equity firms that don't believe GAAP accounting best explains their financial performance.

Kraft Heinz is owned by 3G Capital, which is a private equity firm headed by Brazil's richest man, Jorge Paulo Lemann.

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.