Gemstar-TV Guide has unloaded in-flight catalogue company SkyMall in a $52 million sale to ZelnickMedia Corp., Spire Capital Partners and Greenspun Media Group.
2 min read · 30 December 2012
Advent International and Highland Capital have nabbed a 48 percent stake in lululemon athletica, a maker of women’s athletic wear. The pair invested $93 million in the company.
3 min read · 30 December 2012
In a major buyout deal involving no buyout firms, Albertson’s agreed to a sale valued at $17.4bn, with SuperValu, CVS and Cerberus Capital Management teaming up to buy the US supermarket and drug-store chain.
3 min read · 30 December 2012
The Cypress Group has bolstered its Stone Canyon platform with the acquisition of Vacation Connections. The transaction represents one of the first deals since the departure of Cypress co-head Jamie Singleton.
2 min read · 30 December 2012
Boston-based, energy-tech group RockPort Capital Partners has held a $155m interim close for its second fund, with backing from Reservoir Capital Group.
1 min read · 30 December 2012
US venture groups had their best stretch in years when it came to fundraising in 2005. And they could have raised more. Ken MacFadyen reports.
2 min read · 30 December 2012
Chicago-based GTCR Golder Rauner is the latest to jump on the scrapbooking bandwagon. The firm’s investment in EK Success is just one of many deals in the space in the past couple of years.
2 min read · 30 December 2012
Apax has emerged as the winner of the Tommy Hilfiger auction, inking a deal to buy the clothing designer for $1.6 billion.
2 min read · 30 December 2012
GSC Partners and Tishman Speyer have launched a Chinese real estate joint venture, marking GSC’s first move into real estate.
2 min read · 30 December 2012
Orchid Asia, an early backer in Ctrip.com, has closed its latest China-focused venture fund, amassing $180m in commitments.
2 min read · 30 December 2012
