Private Equity
To end the first week of 2013, we have news that Warren Buffett thinks women will save the U.S. economy, Hulu CEO Jason Kilar is leaving and Waze rejects Apple.
1 min read · 04 January 2013
To end your Thursday, we have news that the Zipcar deal wasn't that bad, Pinterest makes its first acquisition and George Lucas is getting hitched.
1 min read · 03 January 2013
Goode Partners, which is currently out fundraising for its second fund, is having a busy New Year. Goode has sold its stake in Intermix Holdings and has recently made investments in Sneaker Villa and Dave's Killer Bread.
2 min read · 03 January 2013
Brentwood Associates has sold Pacific Island Restaurants to Nimes Capital. Financial terms weren't announced. Honolulu-based Pacific Island is the sole franchisee of Pizza Hut and Taco Bell throughout Hawaii, Guam and Saipan. Harris Williams provided financial advice to PIR.
3 min read · 02 January 2013
Fortegra Financial Corp., which is backed by Summit Partners, has acquired a majority stake in Digital Leash, which does business as ProtectCell. The deal closed Dec. 31. Financial terms were not announced. Novi, Mich.-based ProtectCell provides wireless device protection plans and mobile services sold to consumers. News of the deal was announced by Quarton Partners, which advised ProtectCell.
3 min read · 02 January 2013
In our first Second Opinion this year, New Jersey Gov. Chris Christie gets really mad, Box and Twitter are leading tech IPO contenders and Dish Network is the meanest company in America.
1 min read · 02 January 2013
Trinity Hunt Partners has sold its stake in Eating Recovery Center. The buyer is Lee Equity Partners, which acquired the holding via a recap. Financial terms were not announced. Denver-based Eating Recovery provides treatment for anorexia, bulimia, EDNOS and binge eating disorder. William Blair & Co. advised Eating Recovery.
3 min read · 02 January 2013
Goode Partners has made a growth investment in Sneaker Villa. Financial terms were not announced. Philadelphia-based Villa is a retailer of urban-inspired apparel and footwear products. Peter J. Solomon Co. advised Villa in the sale.
3 min read · 02 January 2013
Z Capital Partners is fundraising for its second special situations fund. Lake Forest, Ill.-based Z Capital is looking to raise $500 million, according to an SEC filing dated Dec. 31.
1 min read · 02 January 2013
The deal in Congress to avoid the fiscal cliff generated a very measured response among private equity executives Wednesday. The agreement avoids potentially devastating tax hikes and spending cuts, and is seen as a victory for President Obama, Reuters reports. The last minute bill does provide a win for private equity.
2 min read · 02 January 2013
