Apollo Management has agreed to acquire Linens ‘n Things for $1.3bn, but based on hurdles set up by the lenders, the company will need a strong performance in the fourth quarter before the deal can go through.
3 min read · 30 December 2012
Wind Point Partners agreed to acquire medical air transport provider Omniflight in a deal said by sources to be north of $200 million.
2 min read · 30 December 2012
The auction for Refco’s assets is scheduled for tomorrow, and a winning bidder should be announced by the end of the week. The beauty contest is said to include a mix of strategic and financial bidders, who could push the bidding up to the $1bn range.
2 min read · 30 December 2012
New York-based Castle Harlan has appointed Gary Appel as its new vice chairman. Appel is part of the DLJ fraternity and had previously worked alongside John Castle for a roughly eight-year span.
2 min read · 30 December 2012
Chicago’s Code Hennessy & Simmons has agreed to a deal with UK soda-can giant Rexam to sell Precise Technology in a $257 million transaction, more than doubling its equity investment.
2 min read · 30 December 2012
The CEO and president of Broder Bros. have both given their notices at the Bain Capital portfolio company. Bain’s Thomas Myers will fill in on an interim basis.
2 min read · 30 December 2012
Citigroup Venture Capital agreed to buy Alcoa’s Southern Graphic Systems unit in a $410m deal.
1 min read · 30 December 2012
Bain Capital reaffirmed its interest in Australia with an A$3.6 billion ($2.6bn) offer to acquire Goodman Fielder. The Boston firm is reportedly engaged in a joint bid with Pacific Equity Partners and Goldman Sachs Capital Partners.
2 min read · 30 December 2012
Chicago-based Code Hennessy & Simmons has engineered a merger between its existing portfolio company Rinker Boat and Godfrey Conveyor.
2 min read · 30 December 2012
Former US vice presidential candidate Nat Goldhaber has raised $125m for the debut fund from Claremont Creek Ventures. Harvard Management and the Regents of the University of California are among the fund’s backers.
2 min read · 30 December 2012
