Private Equity
Blackstone Group is shopping specialty materials company Polymer Group Inc. to prospective buyers in a deal that could approach $3 billion in value, according to a source familiar with the process. The firm is said to be preparing the company for either a sale or IPO.
2 min read · 28 July 2015
Strategics have emerged as the buyer of choice for private equity firms looking to sell their investments, according to Pitchbook Data Inc.
2 min read · 24 July 2015
Z’Tejas Southwestern Grill, a portfolio company of KarpReilly LLC, has filed for Chapter 11 bankruptcy protection in Arizona.
2 min read · 23 July 2015
David Posner, who recently left First Reserve, has joined a hedge fund.
1 min read · 20 July 2015
J.C. Flowers & Co’s sale of retirement planning firm Ascensus has hit the second round and bids are due later this month, people with knowledge of the deal said.
2 min read · 17 July 2015
Comdata has opted not to sell gift card provider Stored Value Solutions to either GTCR LLC or Genstar Capital, four sources said.
1 min read · 15 July 2015
Hostess Brands LLC may have shelved plans for a sale but its investors will be getting back more than they put in after a little more than two years.
1 min read · 15 July 2015
Broadmeadow Capital, backed by FTV Capital and LLR Partners, has made a move to buy pieces of ETF strategist F-Squared Investments Inc. out of bankruptcy.
2 min read · 09 July 2015
The drama unfolding in Greece hasn’t captured the attention of private equity, which has little exposure to the financially troubled country. Still, some investors are looking for chances to buy assets on the cheap.
7 min read · 02 July 2015
TA Associates, which is reportedly nearing the close of its 12th flagship fund, is running a dual-track process for SkinnyPop Popcorn LLC, sources said.
2 min read · 01 July 2015
