Private Equity
The investment in carbon emission efficiency tech company Silver Springs was made from the venture firm's greentech fund, which is raising $500m and has recently backed a number of hybrid vehicle projects.
1 min read · 05 January 2013
The deal for Pilot Travel Centers was sourced by the private equity firm’s recently established US advisory board.
1 min read · 05 January 2013
Oak Hill Capital Partners bought US drug store chain Duane Reade in 2004 for $750m, a price allegedly based on inflated earnings numbers.
1 min read · 05 January 2013
The Chicago-based firm participated in financing for two deals that closed in October.
1 min read · 05 January 2013
The New York-based firm continues to purchase industrial assets-based businesses, having purchased its second plastics company in two weeks.
2 min read · 05 January 2013
The private equity firms have said they reserve the right to file a new bid for TransAlta, a Canadian power generator that previously rejected their bid. TransAlta's shares were trading at $22.42 near the close of the market Thursday, a significant drop from the $39 per-share bid offered by the firms in July.
2 min read · 05 January 2013
The New York private equity firm will buy a chunk of the Canadian Imperial Bank of Commerce's troubled US real estate portfolio, purchasing amortising senior notes that will have a capped return of about 20 percent.
1 min read · 05 January 2013
The UK-based firm will invest £4 million in CloserStill Holdings and an additional £3 million to be used for the acquisition of businesses that run exhibitions.
1 min read · 05 January 2013
The firm has been investing from the fund for several months, including a recent $650m commitment to Reliant Energy.
1 min read · 05 January 2013
The US bank will combine its $7.4bn private equity business with other divisions to create an entirely new unit after the merger with Merrill Lynch is complete. John Thain, the chief executive and chairman of Merrill Lynch, will become the president of the bank's global banking, securities and wealth management team.
1 min read · 05 January 2013