Private Equity
The energy-related company will change private equity sponsors for the third time. New York-based Harvest Partners bought Aquilex from First Reserve last March and grew the company into a $550m industrial service provider.
1 min read · 05 January 2013
The California-based gatekeeper has signed onto a global framework that allows institutional investors to evaluate their portfolios to make sure risks related to environment, social and governance issues are being addressed.
2 min read · 05 January 2013
Lehman Brothers Private Equity, which is not part of Lehman Brothers bankruptcy, said the turbulent markets contributed to the decrease. Meanwhile, the rebounding US dollar helped Princess Private Equity's NAV increase in September.
2 min read · 05 January 2013
Wachovia Capital Partners, much like the private equity units of Lehman Brothers, Merill Lynch and AIG, is in limbo while Citi and Wells Fargo negotiate the acquisition of the bank.
2 min read · 05 January 2013
Save for the highly leveraged power industry, which has had deal activity all but freeze, GPs speaking at PEI’s Energy Forum in New York today said business is booming and credit conditions are fuelling deal flow.
2 min read · 05 January 2013
The Central and Eastern European-focused private equity firm has increased to 74.6 percent its stake in Falcon Group, a provider of analog and digital television services and telecommunications in the Czech Republic.
1 min read · 05 January 2013
GameStop, which operates 5,889 stores in the US, Canada, Australia and New Zealand, will now have 1,077 stores throughout Europe, including in Ireland, Spain, France and Switzerland.
1 min read · 05 January 2013
The financial services-focused firm has reportedly had to write down a large portion of its most recent fund's investments by 30 percent. Meanwhile, the fate of its investment in Hypo Real Estate is unclear, as the struggling German company agreed to a $68bn state-backed bailout plan Sunday.
1 min read · 05 January 2013
The Boston-based firm is targeting ‘in excess of $100m’, which will focus on companies in the upper Midwest region of the US. The firm's president said the upper Midwest region of the US is the central location of the agriculture industry in the country.
1 min read · 05 January 2013
The consortium, which includes private equity firms The Halifax Group and CNF Investments, invested $10m of equity and converted $10m of bridge loans as part of the deal.
1 min read · 05 January 2013
