A JC Flowers-led consortium has said it will likely drop its $25 billion bid for Sallie Mae, but is willing to renogotiate the deal, taking into consideration a changed economic and legislative environment.
3 min read · 04 January 2013
Metalmark has sold Cantera Natural Gas, a portfolio company it created through a series of acquisitions, to Copano Energy.
1 min read · 04 January 2013
Praesidian’s second fund has closed on $236 million and will continue the firm's focus on mezzanine debt for the middle market.
1 min read · 04 January 2013
Andrew Strauss has left his role as co-manager of Riverside's US funds in order to work in the firm's transactions business. Partner Suzy Kriscunas will succeed him.
1 min read · 04 January 2013
DLJ spinout Avista Capital Partners has made its fifth investment in the healthcare industry, with its agreement to buy the fluid management and venous access businesses of Boston Scientific.
2 min read · 04 January 2013
The McCarthy Group, Alta Communications and investment company WaittCorp have added-on five Nebraska radio stations to their jointly held portfolio company, NRG Media.
1 min read · 04 January 2013
More than two dozen of this year's 400 richest US citizens owe their fortunes to private equity.
1 min read · 04 January 2013
Teachers' has named Erol Uzumeri, who currently manages international private equity investments at the Canadian pension, to succeed Jim Leech as head of its private equity arm.
1 min read · 04 January 2013
Niche media-focused platform Apprise Media has acquired Engel Publishing as an add-on for Canon Communications.
1 min read · 04 January 2013
Sunrock Ventures is raising its debut fund to target $100 million for investments in the “underserved” Southeastern US.
1 min read · 04 January 2013
