Carlyle, a US private equity firm, has acquired Wesco Aircraft Hardware Group, a California-based distributor of aerospace hardware.
1 min read · 03 January 2013
Carlyle, Blackstone, KKR and TPG are in preliminary talks on forming a trade group for buyout firms.
1 min read · 03 January 2013
The Cerberus-led consortium set to purchase GMAC will not be held liable for the troubled automaker’s pension obligations.
1 min read · 03 January 2013
Michael Gross, a founder and former senior partner of Apollo Management, has joined hedge fund Magnetar Capital as a senior partner, signaling Magnetar’s intention to focus on private equity investing.
2 min read · 03 January 2013
Norman Pearlstine, former Editor-in-Chief of Time Inc., will join the Washington, DC-based private equity firm as a senior advisor to the telecom & media team as it looks to expand its activities.
1 min read · 03 January 2013
A source close to the matter said the firm has been looking at HCA for a few weeks, but is unlikely to submit a competing offer.
2 min read · 03 January 2013
The New York-based firm has combined two of its portfolio companies to create Vertellus Specialties.
2 min read · 03 January 2013
The music retailer has changed top management for the third time in four years, and the new CEO says his main goal will be to sell the company.
2 min read · 03 January 2013
The New York-based investment bank has invited Kevin Bousquette to join its merchant banking business.
1 min read · 03 January 2013
Clayton Dubilier-led Rexel, the world’s largest distributor of electrical supplies, has acquired General Electric’s electrical supplies unit, GE Supply, for $725 million.
2 min read · 03 January 2013