Private Equity
2 min read · 13 April 2011
Texas-based energy company Dynegy Inc., after seeing a pair of sales—first to Blackstone, then to Carl Icahn—fall apart, has also hired a pair of firms to assist it in its restructuring. White & Case, the law firm, and Lazard Frères & Co., the financial advisor, were hired by Dynegy to help it consider debt restructuring options.
1 min read · 13 April 2011
Best Erectors Inc., the Wisconsin-based commercial and residential properties installation and contracting services firm, has established a credit facility with Associated Bank, a Wisconsin bank. Madison Street Capital was financial advisor and placement agent. Specifics were not disclosed.
2 min read · 13 April 2011
Florida-based Empire Investment Holdings completed the sale of portfolio company VITEC Solutions to Vitec Partners, a holding company run by a private investment group. Terms of the deal were not publicized. KPMG Corporate Finance LLC acted as the exclusive advisor to Empire during this process.
1 min read · 13 April 2011
Private equity and VC investors have been pouring capital into Brazil as investment dollars going to Latin America rose more than six-fold over the prior year, to $17.2 billion in 2010, according to Venture Equity Latin America, sister publication to peHUB.com. But as investors seek to ready even more capital for deployment, it seems as if a Brazilian bubble is building, and it could be time to direct capital into other regions that also have sustainable growth potential. As Brazil’s economy expands, its currency has been subject to inflation, as the real has appreciated about 50% in two years’ time, driving up the price of assets....
3 min read · 13 April 2011
Tyco-Over: Tyco International gets unexpected bid from Schneider Electric SA Down, Not Out: James Gorman fights off headwinds at Morgan Stanley SalmonMarket: Felix Salmon weighs in on the secondary trading platforms, stumps for 500 shareholder rule Pawlenty for Prez? The former Minne. Gov. throws his hat in the ring
1 min read · 13 April 2011
Last year, pent-up M&A needs in the luxury goods space that were withheld through the recession’s dark days finally saw the light of day, as big brand names like Tommy Hilfiger exchanged hands. But Japan’s earthquake and tsunami caused investors great consternation—and for good reason; Japanese luxury goods consumers are a driving force for the industry. As Japan slowly rebuilds while facing an ongoing crisis, dealmakers, too, are ready to pick up the pieces. Already, prognosticators are declaring the Japanese economy is on its way back....
2 min read · 12 April 2011
Romney Rides Again: Mitt’s in, forms exploratory committee Not Just A Buck: 99-Cent Only Stores look at LBO offers Taking it Well: The Winklevi will challenge the court ruling that prevents them from getting a bigger chunk of Facebook Tower of Power: Google invests in BrightSource Energy
1 min read · 12 April 2011
Alteryx, the California-based developer of business intelligence software, raised $6 million from SAP Ventures Fund I to expand its development and for potential acquisitions. In conjunction with the new funding, Jai Das, Managing Director with SAP Ventures, joins the Alteryx, Inc., Board of Directors.
2 min read · 11 April 2011
Got our e-mails? Get our emails. Tune In: Warner Music sees plenty of bids for its business Denied! NYSE Euronext rejects Nasdaq/ICE bid That Settles That: Glencore’s CEO says IPO imminent We’ve Got Some ‘Splainin’ to Do: The industries that pay women the least
1 min read · 11 April 2011
