Fashion department store operator Belk Inc said it would be acquired by private equity firm Sycamore Partners in a deal valued at about $3 billion, including debt, Reuters reported.
1 min read · 24 August 2015
Emerging market-focused private equity firm Abraaj Group has closed its second North Africa-focused fund at $375 million, it said in a statement on Monday.
1 min read · 24 August 2015
Canada Pension Plan Investment Board has closed its previously announced buy of middle market lender Antares Capital. The seller was GE Capital. The value of the transaction is about US$12 billion.
4 min read · 24 August 2015
Private equity firms have formed three separate teams to bid for Tesco’s South Korean business valued at about $6 billion, four people with knowledge of the matter said on Friday, in what is tipped as Asia’s biggest ever private equity deal, Reuters reported.
2 min read · 21 August 2015
Ironbridge Equity Partners announced this week that it has made an investment of an undisclosed size in Alliance Corporation along with the company's managers. Based in Mississauga, Alliance is a distributor and manufacturer of wireless and broadband infrastructure products and services and is the fourth investment made by Ironbridge's second fund.
2 min read · 21 August 2015
Altas Partners announced this week that it has partnered with la Caisse de dépôt et placement du Québec to acquire Capital Vision Services, a Virginia-based management services provider to MyEyeDr optometry practices. The company was previously the recipient of private equity financing from Monitor Clipper Partners in 2012.
2 min read · 21 August 2015
Brooks Zug, senior managing director and co-founder of HarbourVest Partners, received Buyouts magazine’s Lifetime Achievement Award in spring 2015.
1 min read · 20 August 2015
T. Bondurant French, CEO and CIO of Adams Street Partners, received Buyouts magazine’s Lifetime Achievement Award in Spring 2014.
2 min read · 20 August 2015
Solera Holdings Inc, which provides technology services to insurance companies, is in advanced talks to sell itself to private equity firms, according to a person familiar with the matter, Reuters reported.
1 min read · 19 August 2015
TA Associates said it hired four investment executives as vice presidents for its offices in London, Boston and Menlo Park, Reuters reported.
1 min read · 19 August 2015
