The $2.6bn buyout of Agilent is not yet finished, but KKR and Silver Lake have already agreed to unload Agilent’s storage division through a $425m sale to PMC Sierra.
2 min read · 30 December 2012
Connecticut-based Portfolio Advisors wrapped up its third fund of funds, bringing in $661 million in commitments for a vehicle that lets LPs ‘customise’.
2 min read · 30 December 2012
Brazos Private Equity Partners has carved the ORS Nasco unit out of Ireland’s Unidare plc, acquiring the US wholesale distributor in an $81m deal.
2 min read · 30 December 2012
The Blackstone Group has tracked down another hotel deal, this time acquiring the Dallas-based La Quinta chain in a $3.4bn transaction.
2 min read · 30 December 2012
Vector Capital and BroadVision have walked away from a proposed $29m transaction that would have taken BroadVision off the public market.
2 min read · 30 December 2012
PNC Mezzanine Capital has closed on $350m in commitments for its latest fund, surpassing its target by $50m.
2 min read · 30 December 2012
The various state governments of the US all want to kick-start venture capital scenes. A recent study warns that development programmes are not all milk and honey.
3 min read · 30 December 2012
Minneapolis private equity group Goldner Hawn Johnson & Morrison has clinched a deal to take Transport Corp. of America private, rebounding quickly from its missed ShopKo buyout.
2 min read · 30 December 2012
New York-based Diamond Castle Holdings has agreed to acquire the 49 percent stake of wind energy generator Catamount Resources that it doesn’t already own. The firm had bought a 51 percent stake in Catamount last month.
2 min read · 30 December 2012
Bain Capital has wrapped up its acquisition of FCI, the former connectors business of Areva. The acquisition has been valued at €1.067 billion, and required certain “social contracts” from Bain.
2 min read · 30 December 2012
