Private Equity
GenNx360 Capital Partners has raised at least $346.9 million for GenNx360 Capital Partners II LP. The industrial business-to-business buyout shop founded by Ronald Blaylock and General Electric Co veterans looks to surpass the size of its inaugural fund by $150 million.
2 min read · 28 August 2013
GenNx360 Capital Partners has raised at least $346.9 million for GenNx360 Capital Partners II LP as the industrial business-to-business buyout shop founded by Ronald Blaylock and General Electric Co veterans looks to surpass the size of its inaugural fund by $150 million.
2 min read · 27 August 2013
The $800 million deal by Vista Equity Partners to buy logistics tech firm Omnitracs from Qualcomm marks the buyout shop’s second big tech acquisition since May and its third-largest purchase since 2010, as the private equity firm bulks up its deal-making a year after its fourth marquee fund closed $1 billion ahead of its target.
2 min read · 26 August 2013
A survey finds that there is a larger portion of deal value available for clawbacks in growth equity transactions, than traditional buyouts, if a dispute arises.
2 min read · 23 August 2013
Tapping interest from limited partners in buying into existing private equity funds, Portfolio Advisors LLC has raised nearly $500 million for Portfolio Advisors Secondary Fund II LP, according to Form D filings from the Darien, Connecticut, fund-of-funds manager.
2 min read · 23 August 2013
2 min read · 22 August 2013
The deal by Ares Management LLC and Ontario Teachers’ Pension Plan to buy building products maker CPG International Inc faces a potential debt downgrade pending further data on the transaction, ratings firm Moody’s Investors Service Inc said.
1 min read · 22 August 2013
RCP Advisors LLC surpassed its fundraising target by nearly $18 million as it wrapped up the final close for RCP Fund VIII LP at $267.7 million, the latest in its series of funds of funds aimed at the lower middle market.
2 min read · 22 August 2013
Mill City Capital plans to raise up to $200 million for its second buyout fund in three years after the Minneapolis-based mid-market buyout shop spun out of Goldner Hawn Johnson & Morrison, according to a filing with regulators.
2 min read · 21 August 2013
Fundless mid-market private equity firm Rotunda Capital Partners has exited its investment in Worldwide Express after growing the UPS logistic provider’s revenue by about 3x in four years.
2 min read · 20 August 2013
