Blackstone, the world's biggest
private equity owner of real estate, has been acquiring properties that offer predictable income streams since it got into the so - called core - plus real estate business in late 2013.
LONDON / FRANKFURT (Reuters)- Swiss food giant Nestle and
the private equity owners of German drug firm Stada are both preparing tentative bids for Merck KgaA's consumer health unit, several sources told Reuters.
Not exact matches
Business
owners who start to do it usually find it eye - opening, rewarding, and even addictive, says Brendan Anderson, co-founder and managing partner
of Evolution Capital Partners, a
private equity firm based in Cleveland.
The company engineered two three - month loans, totaling $ 300,000, from a
private party — «a friend
of a friend,» says Anderson — who required the
owners to put up 10 %
of their
equity as collateral and make principal and interest payments
of $ 75,000 a month.
L1 Retail will take control
of the chain from its
private equity owners Carlyle Group.
• OMERS
Private Equity agreed to acquire a minority stake in National Veterinary Associates, an Agoura Hills, Calif. - based
owner and operator
of veterinary hospitals and boarding facilities.
In 50 %
of the cases,
private equity owners wind up changing out the CEO during the course
of the holding period.
Private equity firm Apollo Global Management said on Sunday it had agreed to acquire ClubCorp Holdings, one of the largest owners and operators of private golf and country clubs in the United States, for $ 1.1 b
Private equity firm Apollo Global Management said on Sunday it had agreed to acquire ClubCorp Holdings, one
of the largest
owners and operators
of private golf and country clubs in the United States, for $ 1.1 b
private golf and country clubs in the United States, for $ 1.1 billion.
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.
But with
private placements, business
owners can choose from a much wider menu
of financing options, mixing and matching debt and
equity instruments, or combinations
of both, to suit their circumstances.
The shortlist comprises mainly large companies and big
private equity firms including TPG Capital, and excludes many small companies that proposed some kind
of combination, such as privately held Yellow Pages
owner YP, the people said this week.
The determination
of Albertsons» majority
owner,
private equity firm Cerberus Capital Management LP, to carry out the IPO despite volatility in the stock markets underscores its confidence that it can fetch a high valuation for Albertsons.
CHAMP
Private Equity has agreed on a $ 1 billion deal to sell Accolade Wines — the biggest producer
of Australian wine and
owner of wine labels including Hardys and Grant Burge — to global buyout firm The Carlyle Group.
Revenue growth may not be as much
of a concern for
private equity owners like 3G that concentrate on maximizing the bottom line and cash flows.
Of the total survey respondents, 30 percent identified themselves as
private equity investors or syndicators, 21 percent identified as building
owners / developers, 20 percent identified as building
owners / managers and 18 percent said they were in leasing and / or investment sales.
Naturally, his $ 28 billion purchase
of H.J. Heinz with U.S. - Brazilian
private -
equity group 3G Capital (
owner of Burger King and a piece
of Anheuser - Busch InBev) on Feb. 14 caused a lot
of chatter.
«M&A activity globally is very high, which is common in the late stages
of an
equity bull market as both
private equity and corporate
owners look to cash in on rich valuations,» Lait explains.
Venture Capital and
Private Equity investors are usually owners of public companies only when they have participated in a round of financing prior to an IPO and subsequently retained ownership after the transition from a private company to a public c
Private Equity investors are usually
owners of public companies only when they have participated in a round
of financing prior to an IPO and subsequently retained ownership after the transition from a
private company to a public c
private company to a public company.
«Instead
of having a fire sale and dumping [the unsold inventory] and causing chaos, what you're having is lenders,
owners [and]
private equity investors saying, «We believe in the collateral, we believe in the product, and we don't think they should slash the prices.
Marcum provides a full range
of services to real estate
owners, developers, managers, REITs,
private equity funds, institutional investors hotel
owner operators and other real estate related entities.
Neiman Marcus does not face any significant debt maturities until 2020, when a term loan
of nearly $ 3 billion comes due, giving its
private equity owners Ares Management LP (ARES.N) and Canada Pension Plan Investment Board (CPPIB) time to try to turn the business around.
The
private -
equity owners of BJ's Wholesale Club are preparing to take the company public in the coming months, people familiar with the deal said.
On Thursday, Andrew M. Cuomo, the New York attorney general, said he was preparing to sue Vantage Properties, a
private -
equity - backed
owner of 9,500 mostly rent - regulated apartments in working - class neighborhoods across New York City.
Bushmaster — the gun manufacturer
of the rifle used in the Newtown, Conn., shootings — is being sold by its
owner, the
private equity firm Cerberus Capital Management.
Mr Clarke said it appeared the
private equity owners had done a very good job
of stripping out costs, which had diminished the appeal
of that business to Treasury, along with the fact that Accolade's operations competed mainly in the lower - priced, commercial wines segment.
The higher - margin strategy is part
of the reason why Mr Clarke said Treasury wasn't really interested in buying the $ 1 billion - plus Accolade Wines business now destined for an ASX listing in early 2017 under 80 per cent
owner CHAMP
Private Equity.
Liquor retailers say the prospect
of Treasury Wine Estates» portfolio
of 80 - plus brands being owned by an overseas company is unlikely to produce a customer backlash, unless price rises are pursued by new
private equity owners.
Accolade Wines, which owns the Hardys, Leasingham, Banrock Station and Grant Burge brands, has elevated the boss
of its United Kingdom operations to chief executive
of the entire company, as
owner CHAMP
Private Equity makes further structural changes to the business.
Accolade Wines lays ground for US$ 768m IPO Accolade Wines is set for an AUD1bn (US$ 768m) IPO as
owner CHAMP
Private Equity looks to emulate the stock market success
of Treasury Wine Estates.
CHAMP finds a suitor for Accolade Wines as Carlyle talks come good Accolade Wines finally has a new
owner, with Australian
private equity group CHAMP and Constellation Brands securing a sale
of the c...
Accolade Wines finally has a new
owner, with Australian
private equity group CHAMP and Constellation Brands securing a sale
of the company to The Carlyle Group.
Former
owners, Australian
private equity firm Champ, owned 80 %
of the business with Constellation Brands also having a 20 % stake in the business.
The substantial upside from a re-booting
of Treasury Wine Estates away from the glare
of public markets is what attracted US
private equity firm Kohlberg Kravis Roberts in the first place to the
owner of Penfolds, Wolf Blass, Rosemount and Wynns.
Both
private equity firms have been in extensive due diligence for the
owner of Penfolds, Rosemount, Lindemans, Wolf Blass and Seppelt, with KKR having started earlier than TPG.
Across the National Basketball Association, he sees a common thread: many
of the team
owners are in venture capital and
private equity.
During nearly three decades
of practice, Jerry has represented a wide variety
of clients, including publicly traded and privately held companies, institutional investors, developers, lenders, borrowers, joint venture partners, pension funds, REITs, retailers, management companies,
private equity firms, media ventures, internet companies, entertainment companies, studio
owners, technology companies and sports franchises.
Mayborn Group, proud
owner of leading baby essentials brand tommee tippee ®, has been named 2014 National Winner
of the British
Private Equity & Venture Capital Association's (BVCA) prestigious Community & Environmental Action Award.
I'm an
owner of many small businesses but my profession is
private equity and portfolio management.
Just shortly after the downfall
of Borders in the United States word is out that the Australian book chains have been placed into voluntary administration by its
private equity owners.
In February, Bertrams, the UK's second - biggest book wholesaler, was sold to
private equity backer Aurelius for half the sum it originally bid for the business (which itself seemed like a knock - down price for a business with sales
of more than # 200m); last week the UK's biggest high street book chain Waterstones was sold to activist investor Elliott Advisors for a sum thought to be considerably less than its Russian
owner Alexander Mamut once wanted; and this week the UK's biggest printer
of black and white books, Clays, with sales
of # 77m, was sold to Italian printer Elcograf for # 23.8 m.
It depends on the philosophy
of the
private equity owners.
«It's fraud to try to collect on loans that you don't own,» said Donald Uderitz, the founder
of Vantage Capital Group, a
private equity firm that is the beneficial
owner of National Collegiate's trusts.
Venture Capital and
Private Equity investors are usually owners of public companies only when they have participated in a round of financing prior to an IPO and subsequently retained ownership after the transition from a private company to a public c
Private Equity investors are usually
owners of public companies only when they have participated in a round
of financing prior to an IPO and subsequently retained ownership after the transition from a
private company to a public c
private company to a public company.
Perhaps, due to Mr. Market's recent valuation
of Rite Aid shares (well off the imputed value
of the Albertsons purchase price
of $ 2.63 per share) the Albertson's
private equity owners got cold feet and called off the IPO; after all, their goal was to provide themselves with liquidity so they could finally exit their position in Albertsons.
Earlier this month, The Chronicle reported an undisclosed
private equity fund bought the $ 40.8 million note on 250 Montgomery St., about half
of its face value, after
owner Lincoln Property Co. fell into default on the loan.
Whether the
owner has a net worth
of $ 500,000 or $ 10,000,000, the new earnings / cash needs to be allocated in the right places, whether that be
equities, fixed income, real estate,
private equity, etc..
Adrian was previously part -
owner and Managing Director
of private equity firm Catalyst Investment Managers and worked as Managing Director at CVC Asia Pacific, one
of the leading
private equity groups in Asia.
After all, the
owner of a regional chain with dozens
of stores, its own warehouse facility and the considerable resources
of a
private -
equity investor behind it may consider himself part
of the independent class, but is that opinion shared by the single - store operator he is competing against?
A Record Buyout Turns Sour for Investors Struck at the peak
of the buyout boom five years ago, the $ 45 billion acquisition
of the Texas energy giant TXU — the biggest leveraged buyout in history — has been a painful investment for its
private equity owners.
We also assist project
owners in identifying sources
of financing on both the debt and
equity sides, and help create new sources
of financing to take advantage
of tax and other benefits resulting from public -
private partnerships.