TA Associates has completed its $200 million acquisition of Intuit’s IT Solutions unit, marking another play in the software sector for the Boston-based firm.
2 min read · 30 December 2012
NGP Energy Capital Management announced the close of three funds, which combined took in $1.7 billion in limited partner commitments.
2 min read · 30 December 2012
Circle Peak Capital has taken over family-restaurant chain Shari’s Management. The deal is coming ahead of an anticipated fund launch for the New York firm.
2 min read · 30 December 2012
Lehman Brothers Merchant Banking has backed the launch of EverGreen Copyright Acquisitions, a music catalog roll-up.
2 min read · 30 December 2012
Private equity-backed theatre-chains AMC Entertainment and Loews Cineplex Entertainment have completed their tie-up first announced last summer.
2 min read · 30 December 2012
Accel-KKR has realized its second exit with the $121 million sale of CRS Retail Systems to Epicor Software. The sale gives the firm an almost 3x return on its invested equity.
2 min read · 30 December 2012
Hicks Muse Tate & Furst’s fourth fund has taken another hit, as the firm intends to write off almost half of its $225m investment in Home Interiors.
3 min read · 30 December 2012
Performance Equity Management, a former division of General Motors Investment Management Corp, has held a first close of $242 million for its venture capital fund of funds.
2 min read · 30 December 2012
Vestar has completed the fundraising for its fifth fund, roping in $3.7bn in commitments. Ireland’s National Pension Reserve fund is among the fund’s backers.
2 min read · 30 December 2012
According to a report in The Times, Apax Partners CEO Martin Halusa has forecast that there will be a $100bn private equity fund within a decade.
1 min read · 30 December 2012
