Providence Equity Partners may drop out of a consortium that has agreed to buy US media giant Clear Channel Communications, casting doubt on the fate of a $27.5 billion deal that was nearly a year in the making.
2 min read · 04 January 2013
ACON Investments, Guggenheim Investment Management and West Coast Energy Partners have provided capital to enable Milagro Exploration to buy back Gulf Coast properties its founders once owned.
2 min read · 04 January 2013
GreatPoint Energy is backed by venture firms like Kleiner Perkins and Draper Fisher Jurvetson, but the company brought in institutional investors for its third round of fundraising.
2 min read · 04 January 2013
Credit Suisse, Bank of America and UBS have joined Citi, Lehman, Merrill and Morgan in sponsoring the OPUS-5 private exchange.
2 min read · 04 January 2013
Veronis Suhler Stevenson has paid between $60 million and $85 million to acquire online career information company Vault.com.
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
TPG, General Atlantic and Newbridge Capital have partially exited their investment in Lenovo, just two years after backing the computer company’s acquisition of the personal computer business of IBM.
1 min read · 04 January 2013
After months of disputes surrounding TPG and KKR’s $45 billion buyout of TXU, shareholders have voted in favour of the deal.
2 min read · 04 January 2013
The US private equity firm has raised $2.5 billion for investments in the upstream sector of the oil and gas industry.
2 min read · 04 January 2013
The Marsh & McLennan spin-out has raised $2.25 billion for Trident IV, which will target the insurance and financial services sector.
1 min read · 04 January 2013
