Private equity firm Riverside Co. sold its in vitro diagnostics company to listed, California-based Gen-Probe for $53 million, earning the sponsor a 2.6x cash-on-cash return and a gross IRR of 46 percent. The private equity firm has maintained a busy pace of LBOs throughout the second half of 2010.
3 min read · 16 December 2010
2 min read · 15 December 2010
The Boston-based private equity firm invests in Klone Lab, a Massachusetts maker of sport and lifestyle accessories. Madison Parker Capital typically provides investments to lower-middle market companies in sizes ranging from $5 million to $30 million.
2 min read · 15 December 2010
2 min read · 13 December 2010
4 min read · 10 December 2010
5 min read · 10 December 2010
Communications cable maker CommScope will stick with a $2.9 billion buyout offer from The Carlyle Group, after a “go-shop” period ended without a superior offer from another buyer, Reuters reported. On Oct 27, Carlyle offered to buy CommScope for $31.50 a share in cash. CommScope is based in Hickory, North Carolina.
1 min read · 06 December 2010
4 min read · 30 November 2010
3 min read · 24 November 2010
3 min read · 22 November 2010
