LONDON/FRANKFURT (Reuters) - British mobile phone giant Vodafone (VOD.L) has decided against bidding for Germany's largest cable televison operator Kabel Deutschland, leaving a cluster of private equity firms in the driving seat. "We reject media reports along these lines," a spokesman for Vodafone Germany said when asked if Vodafone was bidding. Reuters reported this week that private equity firms including Advent, BC Partners and Carlyle were set to submit offers and could team up because of the amount of equity that would be needed to launch a credible bid.
2 min read · 10 February 2010
2 min read · 10 February 2010
1 min read · 10 February 2010
CoMc LLC, an Omaha, Neb.-based maker of floating porcelain tile systems, has raised an undisclosed amount of growth equity funding from Charter Oak Equity. CoMc makes products under the SnapStone and Avaire brands.
1 min read · 10 February 2010
KKR and Premier Natural Resources LLC have formed a partnership to invest in North American oil and gas properties. No financial terms were disclosed.
3 min read · 10 February 2010
1 min read · 10 February 2010
2 min read · 10 February 2010
1 min read · 10 February 2010
Rockbridge Growth Equity has led an acquisition of Protect America, a provider of self-installed monitored alarm systems. No financial terms were disclosed. Equity co-investors included Falcon Investments and Protect America founder Thad Paschall.
3 min read · 10 February 2010
Insight Equity, a Dallas-based private equity firm focused on the middle markets, announced that it has closed its second fund at $525 million, including $90 million for mezzanine investing. peHUB previously reported that the original target was $750 million.
2 min read · 10 February 2010
