Lisa Kro, managing director and CFO of Goldner Hawn Private Equity, has taken a board seat with Famous Dave's of America Inc. (Nasdaq: DAVE).
3 min read · 13 March 2009
Vina Capital has sold its equity stake Masan Group, a Vietnamese food and beverage company, on Vietnam’s over-the-counter market. The sale generated over $20 million.
2 min read · 13 March 2009
2 min read · 13 March 2009
2 min read · 13 March 2009
Lion Capital has agreed to acquire an 18% stake in clothing retailer American Apparel (AMX: APP) for $80 million in secured second lien notes maturing December 31, 2013 with detachable warrants.
4 min read · 13 March 2009
2 min read · 13 March 2009
VenGrowth Asset Management has agreed to sell its mutual fund business, Criterion Investments, to First Asset Capital Corp. No financial terms were disclosed. In a statement, Vengrowth said the move would allow it to “dedicate itself fully to its private equity business.”
2 min read · 12 March 2009
1 min read · 12 March 2009
JLL Partners has submitted a formal offer to buy Patheon Inc. (TSX: PTI) for $2 per share. The move comes less than a month after Patheon said that such an offer “significantly undervalues” the company. JLL already holds a 30% stake in Patheon, which provides contract development and manufacturing services to the global pharmaceutical industry.
4 min read · 12 March 2009
CCC Information Services and Mitchell International Inc. have called off their $1.4 billion merger, after a federal court granted an FTC request for a preliminary injunction. According to Reuters, the FTC had argued that the merger would “in the market for electronic systems used to estimate how much repairs will cost after a collision and how to value totaled cars.” CCC is a Chicago-based portfolio company of Investcorp, while Mitchell is a San Diego-based portfolio company of Aurora Capital Group.
2 min read · 12 March 2009
