Private Equity
Movie theatre chain Imax announced that it had turned down multiple buyout bids, including one from private equity firm Elevation Partners, rejecting the offers as too small.
2 min read · 03 January 2013
Private equity firm American Capital has agreed to provide $21m to bankrupt New York art gallery Berry-Hill, a loan secured by the gallery’s art inventory and real-estate assets.
1 min read · 03 January 2013
Private equity firm Crestview Partners, in an unusual intramural move, has reached a deal to acquire bank Comerica’s investment management firm Munder Capital for $302m.
2 min read · 03 January 2013
A group of Italian and US financial institutions, including JP Morgan’s private equity arm One Equity Partners, has agreed to buy a stake in Pirelli Tyre for €740 million.
2 min read · 03 January 2013
Pet supplies retailer Petco announced that it has agreed to be acquired by private equity firms Texas Pacific Group and Leonard Green & Partners in a cash deal valued at $1.8bn.
1 min read · 03 January 2013
1 min read · 03 January 2013
Canadian private equity firm Genuity Capital has acquired the Front Porch Digital broadcast archive division of US IT company Incentra Solutions for $38m, in a deal structure that includes future royalty payments.
1 min read · 03 January 2013
L Capital, a private equity fund backed by French luxury products conglomerate LVMH Moët Hennessey Louis Vuitton, has acquired a majority stake in Italian clothing manufacturer Piazza Sempione.
1 min read · 03 January 2013
First Atlantic Capital has acquired a majority interest in manufacturer BHM Technologies, and the firm is planning an aggressive growth strategy.
2 min read · 03 January 2013
Ixico, a London University spin-out that is developing clinical image software for drug discovery, has raised £930,000 from UK venture fund The Capital Fund and several high-net-worth individual investors.
1 min read · 03 January 2013