KKR has hired Michael Capellas to lead First Data Corp after the completion of its planned $27.9 billion acquisition, which is reportedly having trouble obtaining debt financing.
1 min read · 04 January 2013
Riverstone has hired former BP executive Ralph Alexander, just weeks after appointing BP's former CEO, Lord Browne, to lead its European activities.
2 min read · 04 January 2013
Bahrain-based Investcorp will buy a majority stake in Berlin Packaging, just weeks after the first close on its latest fund.
1 min read · 04 January 2013
Gryphon Investors has acquired western wear retailer Sheplers for an undisclosed amount, and plans to develop the company’s catalog and internet distribution channels.
2 min read · 04 January 2013
Battery Ventures has completed a$137 million take-private of Quovadx, a software and software services firm formerly listed on NASDAQ, for $136.7 million.
1 min read · 04 January 2013
Thomas H. Lee-led Lee Equity Partners has agreed to pay $395 million for teen fashion retailer Deb Shops. It is the firm’s second deal since it was founded last year.
2 min read · 04 January 2013
Several US investment banks this week revealed billions in losses stemming from unsyndicated leveraged loans, while a new study has found Lehman Brothers is significantly more overextended than its peers.
2 min read · 04 January 2013
The Stamford, Connecticut-based firm plans to continue providing expansion capital for the healthcare industry, without the use of debt.
2 min read · 04 January 2013
Seeking to replicate the success of its investment in post-acute care provider Tandem Health Care, which it exited last year, Behrman Capital has acquired 35 post-acute care facilities for $250 million.
2 min read · 04 January 2013
Oak Investment has dropped out of a consortium of firms planning to acquire internet direct marketing services firm Vertrue, after the bidding price was raised from $800 million to $825 million.
1 min read · 04 January 2013
