Snow Phipps Group LLC has been shopping ArrMaz Custom Chemicals, an international specialty chemicals company the firm has owned for more than four years, three sources told Buyouts.
2 min read · 03 October 2012
1 min read · 01 October 2012
CVC Capital Partners will take a majority stake in Cunningham Lindsey Group, a loss adjusting and claims management firm, the firm announced Monday. Terms of the recapitalization were not released. In 2007, Stone Point Capital acquired a majority interest in Cunningham Lindsey via a public-to-private transaction, with Fairfax Financial Holdings, the company said in a press release. Going forward, Stone Point and Fairfax will remain “substantial and active shareholders,” the company said.
4 min read · 01 October 2012
A former principal at Pantheon Ventures, Carol Foster, has sued the firm for gender and age discrimination, as well as defamation, sister news service Reuters reported, citing a lawsuit filed in Superior Court of California.
3 min read · 01 October 2012
The Carlyle Group has raised at least $2.87 billion for its latest U.S. buyout fund, Carlyle Partners VI, according to a regulatory filing published on Monday by the U.S. Securities and Exchange Commission.
1 min read · 01 October 2012
AXA Private Equity has raised more than €1 billion ($1.31 billion) to invest into infrastructure projects, such as gas networks and wind farms across Europe, a person familiar with the fundraising told sister news service Reuters.
2 min read · 01 October 2012
Private equity firm Advent International has agreed to buy Dutch medical supplier and pharmacy owner Mediq NV for €775 million ($1 billion) in cash, more than 50 percent above the week’s closing price on the last day of trading before the deal was announced, sister news service Reuters reported.
1 min read · 01 October 2012
The Canada Pension Plan Investment Board has agreed to pay $1.1 billion for the heating and air conditioning business of Tomkins Ltd, a British-based industrial holdings company jointly owned by CPPIB and Onex Corp.
1 min read · 01 October 2012
Buyout shops Advent International and Rhone Group LLC have emerged as the lead bidders for Cytec Industries Inc.’s coating resins business that could fetch around $1 billion, two people familiar with the matter told sister news service Reuters.
2 min read · 01 October 2012
Bain Capital LLC is in final discussions to buy Apex Tool Group—a joint venture between Danaher Corp. and Cooper Industries plc—for more than $1.5 billion, two people familiar with the matter told sister news service Reuters.
2 min read · 01 October 2012
