ZMC, the media-focused buyout shop, has made a 6x return on invested capital in less than three years with its $700 million sale of payroll company Cast & Crew Entertainment to Silver Lake, according to two sources.
2 min read · 17 August 2015
2 min read · 14 August 2015
Israel Chemicals Ltd (ICL) has placed its Clearon Corp unit on the sales block in a deal that could fetch up to $40 million for the non-core pool chemicals business from a private equity firm or other buyer, according to a source.
2 min read · 12 August 2015
Wasserstein Partners, a middle-market private equity firm formed in 2001, is targeting $750 million for its fourth buyout fund after two recent exits generated returns north of 3x each, according to a source.
2 min read · 11 August 2015
Avante Mezzanine Partners has closed its second SBIC fund at $250 million, ahead of its target, after less than six months on the fundraising trail.
2 min read · 10 August 2015
Buyouts recently caught up with Mike Elio, partner and co-head of the mid-market buyout and distressed/turnaround teams at advisory shop StepStone. Elio joined StepStone early last year after serving as a managing director at the Institutional Limited Partners Association, where he led programs involving research, standards and setting strategic priorities.
3 min read · 10 August 2015
The commercial real estate business weighs in at roughly $1 trillion in the United States alone, but it often lacks online tools to help businesses and people connect if they’re not already established in a market.
2 min read · 10 August 2015
It’s been an active summer for the pricey LBOs from 2005-2008 that continue to lumber around the dealscape.
3 min read · 10 August 2015
When Apollo Investment Corp CFO Greg Hunt spoke to Wall Street investors at an industry event in September, he highlighted the firm’s achievements since he and CIO Ted Goldthorpe were hired in 2012 to “reinvigorate” the publicly-traded business development company.
4 min read · 10 August 2015
Executives at the largest publicly-traded sponsors struck a common theme as they gave analysts insights into the first half of 2015: They have lots of dry powder.
3 min read · 10 August 2015
