Apax Partners has inked a $1bn-plus deal to acquire a majority stake in Contech Construction Products, an engineering firm currently owned by Butler Capital.
1 min read · 30 December 2012
Hicks Muse Tate & Furst co-founder Thomas Hicks is staying active in retirement, having just completed the first corporate acquisition for his family office, Hicks Holdings.
2 min read · 30 December 2012
Toronto-based EdgeStone Capital has held an interim close as the firm looks to raise one of the larger funds in Canada.
2 min read · 30 December 2012
Brand Equity Ventures and The Walnut Group have placed a bet on Shawn Nelson’s LoveSac, a maker of oversized beanbag chairs. Nelson is perhaps best known as Richard Branson’s “mini me” after he won the Virgin chief’s reality show The Rebel Billionaire.
3 min read · 30 December 2012
Fenway Partners finalised its purchase of Targus Group International, paying $382.5 million for the laptop carrying case maker, which was previously owned by Apax Partners.
2 min read · 30 December 2012
Abbott Capital Management held an $805m close on its fifth private equity fund of funds, surpassing a $750m target.
2 min read · 30 December 2012
Chicago-based Linden LLC has held a more-than $100m first close on its inaugural fund. The firm, launched by One Equity vet Eric Larson, is competing on the fundraising trail with another One Equity spinout with an overlapping track record.
3 min read · 30 December 2012
Kohlberg Kravis Roberts and Bain Capital have completed a $1.27 billion acquisition of medical device maker Accellent. When the deal was first announced, Bain was not mentioned as part of the buying group.
2 min read · 30 December 2012
Boston-based Berkshire Partners is the second US private equity group to make a bet on a Canadian retailer in December, investing in women’s apparel company Aritzia.
2 min read · 30 December 2012
Menlo Park-based tech specialist Francisco Partners acquired CRM and voice application services outfit FrontRange Solutions in a roughly $200m deal.
2 min read · 30 December 2012
