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.
Not exact matches
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.
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.»
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 Asi
private in 2014 for $ 3 billion
by a group of buyers that included
company Chairman Yuzhu Shi and
private equity firm Baring Private Equity Asi
private equity firm Baring Private Equity Asia
equity firm Baring
Private Equity Asi
Private Equity Asia
Equity Asia Ltd..
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..
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.
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.
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.
GTCR acquires GreatCall — In June, GreatCall, the San Diego
company that started out making smartphones for seniors in 2006 but now offers a suite of connected safety products for aging in place individuals, was acquired
by Chicago - based
private equity firm GTCR.
In November 2014, Lisa Falzone's
company raised a $ 110 million round of funding led
by private equity firm Welsh, Carson, Anderson, and Stowe.
Although transaction fees are dwarfed
by the sums
private -
equity firms make from money - management fees or from selling
companies through initial public offerings, they can represent a nice chunk of cash.
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.
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.
Kraft Heinz, the global food
company, has implemented ZBB accounting, led
by its new owner, 3G Capital, a
private -
equity firm.
Private equity firms invested more than $ 144 billion in 1,702 U.S. - based companies in 2011, according to an analysis by the Private Equity Growth Capital Co
equity firms invested more than $ 144 billion in 1,702 U.S. - based
companies in 2011, according to an analysis
by the
Private Equity Growth Capital Co
Equity Growth Capital Council.
Southeastern Asset Management, which owns 8.5 percent of U.S. computer maker Dell, filed a statement with regulators on Feb. 8 opposing the $ 24.4 billion buyout proposed
by Michael Dell, the
company's founder and chief executive, and
private equity firm Silver Lake Partners.
U.S.
private -
equity firm TPG said on Oct. 13 it had sold its stake in Myanmar Distillery, the country's largest spirits
company, to Thai Beverage, the beer and spirits
firm run
by Thai magnate Charoen Sirivadhanabhakdi.
The
company is owned
by an affiliate of The Blackstone Group, a preeminent global
private equity firm.
Earlier, the
companies said Kraft shareholders will receive stock in the combined
company and a special cash dividend of $ 16.50 per share, financed
by a $ 10 billion investment from
private equity firm 3G Capital and Berkshire Hathaway.
In October 2015, the
company raised Rs 60 crore ($ 9 million) in its second institutional funding round led
by private equity firm TVS Capital.
One of the biggest and costliest deals so far this year was the acquisition of a stake in the Interactive Data Corporation, a financial market data
company,
by two
private equity firms, Silver Lake and Warburg Pincus, according to Capital IQ, which tracks the industry.
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.
When Johnny Rockets was acquired
by its current ownership,
private equity firm Red Zone Capital II, in 2007, the
company's business model changed.
Today, Bertucci's is a
private company owned
by a Boston - based
private equity firm.
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.
Sales to China had jumped
by more than 50 per cent year - on - year off a low base and this had resulted in a range of approaches from both Chinese
private equity firms and
companies involved in the wine business.
United States
private equity firm Kohlberg Kravis Roberts is understood to have made fresh soundings to major institutional shareholders in Treasury Wine Estates as the wine
company prepares to cut about 100 staff
by June 30.
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.
In mid-2014 Treasury was pursued
by two separate
private equity firms, KKR and TPG, who made buyout overtures and did extensive due diligence inside the
company but decided to withdraw after deciding they couldn't justify paying the $ 5.20 per share price tag they had originally suggested in indicative offers.
The 2015 accounts were prepared on a going - concern basis on the understanding the
company would continue to be supported
by its shareholders, including Sydney - based
private equity firm Equity Partners, Singapore - based Crescent Point and Shaw Investments, a company associated with chief executive Brendan
equity firm Equity Partners, Singapore - based Crescent Point and Shaw Investments, a company associated with chief executive Brendan
Equity Partners, Singapore - based Crescent Point and Shaw Investments, a
company associated with chief executive Brendan Shaw.
The
company began in 2007 with the vision of Rick Schaden and funding
by Consumer Capital Partners — the
private equity firm that he and his father Richard own.
(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 situatio
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 situatio
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.
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.
Other deals included the acquisition of luxury yacht maker Privilege Marine
by German
private equity firm Aurelius; Italian men's tailor brand Boglioli
by Spanish
private equity firm PH Asset Management; Douglas strengthened its foothold in Italy through the purchase of two perfume chains (Limoni and La Gardenia); US
private investors Rob Gough acquired streetwear brand DOPE and Charles Cohen acquired shoe brand Harrys of London, whilst US
private equity firm KPS Capital acquired Taylor Made Golf
Company.
In 2007, the
company was acquired
by American Capital which is a very large
private equity firm and that was when I was brought in as a CEO to run the
company.
Leicester - based audiobook and large print publisher W F Howes is now part of a new umbrella
company, RBmedia, formed
by private equity firm Shamrock Capital...
Leicester - based audiobook and large print publisher W F Howes is now part of a new umbrella
company, RBmedia, formed
by private equity firm Shamrock Capital... Read more
Lastly, is debt issued
by companies acquired
by private -
equity firms worth looking at, or is it to be avoided at all costs?
Private equity firms buy
companies by relying on debt, which usually winds up on a target's balance sheet.
Late in 2008, through his hedge fund, he sued Realogy, a real estate
company controlled
by Leon Black, the head of the
private equity firm Apollo Management.
Some
firms including New York - based KKR are hoping to score retirement money through an effort started
by Pantheon Ventures, a London - based
private equity firm that's trying to get
companies with 401 (k) s more comfortable with the asset class.
Years ago when Fearon was a principal at
private equity firm Allied Capital, he was struck
by the wide gap in value the public and
private equity markets assigned
companies.
Outerwall has historically produced high returns on capital, and it's a business that doesn't need much tangible capital to produce huge amounts of cash flow (an attractive business), but it has been run similar to
companies that get purchased
by private equity firms — leverage up the balance sheet, issue a dividend (or buyout some shareholders), thus keeping very little
equity «at risk».