Executives at SK Capital are already looking at as many as two potential acquisition targets for its newest platform in the plastics industry, firm Founder Barry Siadat told Buyouts.
2 min read · 13 November 2012
German investor Triton has sold Dematic, a supplier of systems that move goods around in warehouses, to two North American private equity groups, writes Reuters. AEA Investors and Teachers' Private Capital, the private equity arm of Canadian pension fund Ontario Teachers' Pension Plan, agreed to buy the German group for an undisclosed sum, writes Reuters.
2 min read · 13 November 2012
1 min read · 12 November 2012
A private equity deal involving a Canadian mining services company that was bought and sold on the same day has come under scrutiny in an Australian court, writes Reuters. The case, in which US buyout firm Castle Harlan and Australian engineering firm Bradken are accused of taking part in bid rigging, is the first test of an Australian law introduced in 2010 that broadened competition law to include bid rigging.
3 min read · 12 November 2012
2 min read · 12 November 2012
Less than a year after leaving JLL Partners, Ramsey Frank has launched his own private equity firm. New York-based Amulet Capital Partners will focus on health care exclusively, Frank said in interview with sister Web site peHUB. Amulet’s investments can include health care services, specialty pharma and outsourcing, he said.
2 min read · 12 November 2012
Hurricane Sandy is expected to cause about $20 billion in property damage, so an insurance deal seems appropriate.
2 min read · 12 November 2012
3 min read · 12 November 2012
2 min read · 12 November 2012
Leaving an established shop to establish your own has perhaps never been more difficult. But a number of spin-out firms are making progress on the fund-raising trail, as investors look to freshen their stables of general partners, and others are looking to launch soon.
3 min read · 12 November 2012