Toronto-based private equity and venture capital firm Pinetree Capital has acquired a stake in El Nino Ventures Inc. As a result of the transaction, Pinetree now holds approximately 11% of all issued and outstanding common shares in the company. Based in Vancouver, British Columbia, El Nino is an international base metals exploration company. Update: Its current focus is on zinc and cobalt-copper projects in New Brunswick and the Democratic Republic of Congo.
2 min read · 16 September 2013
1 min read · 16 September 2013
2 min read · 16 September 2013
Private equity-backed insurer Partnership Assurance Group saw total operating profits jump 31 percent in its first results since its June float, thanks in part to a surge in new business.
1 min read · 16 September 2013
Buyout firm Silver Lake is working on a sale of information technology management company Serena Software Inc, which it has tried to sell at least once before since it acquired the company for $1.2 billion in 2006, Reuters reported, citing three people familiar with the matter.
2 min read · 16 September 2013
US computer giant Dell Inc is expected to launch its jumbo leveraged buyout financing this month, as it looks to get in ahead of a raft of other high-yield issuers and before US Treasury yields rise further, sister publication IFR reported.
3 min read · 16 September 2013
After more than six years,Madison Dearborn Partners may finally get to sell Yankee Candle.
2 min read · 16 September 2013
Alliant Techsystems Inc, the world’s largest ammunitions maker, will buy gun accessories company Bushnell Group Holdings Inc for $985 million as it shifts focus to a fast-growing shooting sports business from a spending-constrained defense industry, Reuters reported.
3 min read · 16 September 2013
Surgical Care Affiliates Inc, a provider of outpatient surgery facilities, filed with U.S. regulators on Thursday to raise up to $100 million in an initial public offering of its common stock, Reuters reported.
1 min read · 16 September 2013
Sandwich maker Potbelly Corp, backed by private equity firm Oak Investment Partners, filed with U.S. regulators to raise up to $75 million in an initial public offering of common stock, Reuters reported.
1 min read · 16 September 2013