Private Equity
A story in yesterday’s Dealbook painted Warren Buffett as no friend of private equity. Buffett, 82, was asked during a lunch last week if there were any private equity investors that he admired, Dealbook says. "No," he flatly replied in the story.
2 min read · 05 December 2012
Pedro Garcia has joined Sawaya Segalas as an MD. He will spearhead the firm's advisory efforts in the food and beverage segments of the consumer industry. Prior to this, Garcia was a Partner and Managing Director at Hadley Partners.
2 min read · 04 December 2012
This Tuesday, we have news that Pandora's shares drop after the company misses its target , Disney inks deal with Netflix and NASA plans to launch another rover to Mars.
1 min read · 04 December 2012
Knoa Software said Monday it has raised a $7.5 million growth round from existing investors Ascent Ventures and FA Tech. New investors, including Gefinor Ventures, Advantage Capital Partners and Rand Capital, also invested. New York-based Knoa provides on-premise and cloud-based services that monitor, measure and manage how end-users utilize enterprise applications to optimize end-user experience.
2 min read · 03 December 2012
To end your Monday, we have news that News Corp.'s The Daily is no more, whether Facebook is buying Whatsapp and a Royal Baby is on the way.
1 min read · 03 December 2012
Evans Analytical Group, which is backed by Odyssey Investment Partners, has acquired Scanning Electron Analysis Laboratories. Financial terms were not announced. Los Angeles-based SEAL is an analytical laboratory that serves the defense, aerospace, consumer products, industrial products, electronics and medical devices industries.
3 min read · 03 December 2012
Clayton, Dubilier & Rice said Monday it has agreed to buy a "significant" stake in B&M Retail. Financial terms were not announced. The Arora family owns B&A, which is a discount retailer in the U.K. Bank of America Merrill Lynch advised CD&R. Rothschild provided financial advice to B&M.
3 min read · 03 December 2012
AXA Private Equity has agreed to sell Alvest to LBO France. Financial terms were not announced. AXA Private Equity has owned a majority since 2006. Alvest, a French industrial group, provider of group support equipment for airports.
4 min read · 03 December 2012
Confie Seguros, which is backed by ABRY Partners, has acquired four regional insurance brokerages in Florida and Nevada. The buys include Maurisset Insurance, CNS Insurance Services, and Briar Bay Insurance, as well as Got Insurance of Las Vegas, N.V. Financial terms were not announced.
2 min read · 03 December 2012
Olympus Partners is expected to begin fundraising for its sixth fund this week, a source says. Stamford, Conn.-based Olympus will seek to raise $2.5 billion, the person says.
2 min read · 03 December 2012
