Blackstone and Bain purchased Michaels for approximately $ 6 billion in a leveraged buyout in 2006, when many private
equity firms were feverishly acquiring retailers, with what proved to be mixed success.
When private
equity firms were buying out REITs in the peak years, in many cases the investors quickly flipped the assets.
Private
equity firms were rather cautious in making new investments; nevertheless, we observed certain successful fund - raising activities as well as considerable number of exits.
Treasury raised $ 486 million in fresh capital to help pay for the Diageo acquisition, but the company's market capitalisation has now soared to $ 7.8 billion, more than double what the private
equity firms were prepared to pay.
In 2007, KKR and the other private
equity firms were betting on rising natural gas prices.
During the economic boom a decade ago when private
equity firms were enjoying sky high valuations, they also took money from sovereign wealth funds in Abu Dhabi, Kuwait, Singapore, and China.
According to Bloomberg, the private
equity firm is purchasing 7.5 % of Masan Nutri - Science, the company's meat - producing business, for $ 150 million, which values the unit at $ 2 billion.
TechCrunch's Michael Arrington is reporting that an investor group consisting of venture capital and private
equity firms are combining resources to make a bid to acquire the Internet phone company from eBay.
It's possible that large private
equity firms are more willing to consider big buyouts of struggling enterprise companies in light of the blockbuster Dell and EMC deal, a complex transaction involving Dell raising $ 45 billion in debt financing to help carry it through.
Those commercial loans are due to be refinanced, but those hedge funds and private
equity firms are out of business now.
A group of well known venture capital and large private
equity firms are pooling resources to make a bid to acquire eBay - owned Skype, according to a source close to the deal.
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.
The private
equity firm is reported to be plotting a three - headed bid for the Italian airline.
The private
equity firms are making an opportunistic move on Merck consumer health as they want to have options to build on the business they have with Stada, one of the sources said.
Mergers between private
equity firms are rare, with founders typically favoring shuttering their operations over selling.
Big private
equity firms are vying to add women and minorities to their male - dominated workplaces as they expand beyond buyouts into larger, multifaceted money managers.
As long as private
equity firms are unwilling to belong to any club that would have them as members, Dell won't have much company in the mega-deal society.
Unlike corporates, deals involving private
equity firms are extremely unlikely to include a reverse break fee.
Lydia Jett has left her position as vice president with private
equity firm M / C Partners to join SoftBank as an investor in their West Coast office.
The U.S. private -
equity firm is floating Vincom.
When a private -
equity firm is involved, people expects a lot of cost - cutting, but Greg Wank, leader of the food and beverage practice at Anchin Block & Anchin, says that probably won't be the case with this deal.
Cleaning and catering contractor Spotless Group has put an end to the debate about major shareholder Pacific Equity Partners» stake, saying the private
equity firm is free to sell 104 million shares when the market opens on November 28.
The prospect of another bidder emerging from the ranks of global private
equity firms is also high, with US - based giant Carlyle Group known to have quietly sounded out former Coca - Cola Amatil managing director Terry Davis about his appetite for running a privately backed Treasury in the past few weeks.
Venture capital (VC) and other private
equity firms are pools of capital, typically organized as a limited partnership, that invest in companies that show the potential for a high rate of return.
First - round bids of between 10m and 15m were submitted earlier this month, primarily by rival online dating businesses, but some private
equity firms are also interested.
First - round bids of between # 10M and # 15M were submitted earlier this month, primarily by rival online dating businesses, but some private
equity firms are also interested.
Establishing relationships with recruiters and / or venture capital / private
equity firms is a valuable marketing tool.
«Private
equity firms are trying to build platforms to sell to big companies like Almost Home and Health South,» Phillips says.
Private
equity firms are likely buyers because they have plenty of cash, along with high hopes they can extract more value out of the chains.
In addition to cash infusions into flagging companies and direct acquisitions of properties, another common tactic taken by private
equity firms is purchasing notes from lenders.
Eager to deploy their funds, private
equity firms are investing in restaurants and retailers.
Private
equity firms are a relatively new investor group that has been particularly eager to scoop up quality MOBs, according to Martin.
That private
equity firm was able to increase its bid for the chain based upon what Mullaney found.
«Private
equity firms are realizing that, when you capitalize the value of the leases of the restaurant chains they're acquiring, in some cases it's as big as, or bigger than, the amount of debt,» Mullaney said.
«Some of the smart private
equity firms are rolling up their shirt sleeves, looking into leases, to make sure what they're about to buy is what they expected it to be,» Mullaney said.
A New York - based private
equity firm is the latest investor entering the Chicago area's market for distressed homes.
Justin Hutchens, CEO of Murfreesboro, Tenn. - based National Health Investors, agrees with Maddron and says private
equity firms are also coming back to the space.
Ironically, while private
equity firms are taking a closer look at more and more retailers, a chain that perhaps needs a private partner the most, Barnes & Noble, is about to give up on its search for a buyer, Bloomberg reports.
Just as we predicted earlier this year, private
equity firms are starting to pay closer attention to the retail sector.
Not exact matches
If and when private
equity arrives in your 401 (k),
be prepared: One private
equity firm, for instance,
is marketing private
equity to target date — fund designers.
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.
This year, the French chairman and CEO
is joining US - based private -
equity firm Catterton to form an investment
firm with a consumer focus.
The blockbuster deal at the Dubai Air Show
was a monster order Wednesday from a private
equity firm for 430 single - aisle Airbus jets.
At least one private
equity firm, Privateer Holdings, has
been established to focus on the «emerging legal cannabis field.»
Michael Khouw
is a 20 year veteran of the financial services industry with broad experience as a strategist, analyst, portfolio manager and proprietary trader of
equities, commodities and
equity and index derivatives for both buy - side and sell - side
firms.
It
's also one of the roadblocks to mainstream,
equity crowdfunding portal sites — currently start - ups
are required to present sales of securities of their companies through official financial channels — like angel investor groups or advisory
firms.
The mining sector
is still providing abundant work opportunities for law
firms, from contract disputes to potential private
equity acquisitions.
Founder Zach Goldstein, an investment banker who formerly worked at JPMorgan and a private
equity firm in Chicago,
was frustrated with the quality of other lounge clothes on the market that he didn't feel comfortable wearing outside his house.
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.