Since joining Ropes & Gray in 2008, Greg Metz has seen the firm’s Chicago office grow from just three attorneys to 65 in an effort to bolster its resources for middle-market deal-makers.
2 min read · 15 June 2015
When Governor Andrew Cuomo ordered emergency measures to prevent worker abuse at New York’s nail salons earlier this year, executives at private equity-backed nail salon chain MiniLuxe applauded.
5 min read · 15 June 2015
With buyouts of portfolio companies commanding big EBITDA multiples and uncertainty over how much longer the good times may last, some private equity firms appear to be moving more rapidly to flip their investments for quick gains.
3 min read · 15 June 2015
Canada Pension Plan Investment Board’s pending $12 billion deal to buy Antares Capital from General Electric Co marks its largest acquisition to date as the $216 billion retirement systems looks to add a “large, scalable and growing opportunity” offered by the largest player in U.S. middle-market loans, a key CPPIB executive said.
3 min read · 11 June 2015
Despite trepidation over high buyout prices, more than 60 percent of institutional investors expect private equity to increase its share in a balanced investment portfolio through allocations to the asset class in the next three-to-five years, according to a new study by Coller Capital.
2 min read · 09 June 2015
Trilantic Capital Partners has reached about $778 million for its European companion fund to its $2.2 billion flagship Trilantic Capital Partners V, according to a source.
2 min read · 08 June 2015
Cerberus Capital Management, GSO Capital Partners and Centerbridge Partners LP are reportedly in the mix for the fate of Samson Resources, the oil and gas producer backed by Kohlberg Kravis Roberts & Co carrying $4 billion in debt in the face of a sharp drop in oil prices in the past year.
3 min read · 05 June 2015
Vista Equity Partners is mulling potential acquisitions at or above $10 billion, with valuations below peak levels in the tech sector despite lofty prices, said the firm's Chief Executive Officer Robert Smith.
2 min read · 02 June 2015
Years after First Atlantic Capital Ltd closed its fourth buyout fund, the firm has raised an additional $160 million to support the portfolio, according to filings and sources.
2 min read · 01 June 2015
The $437 million cash sale of luxury home products maker WWRD Holdings Ltd to strategic buyer Fiskars Corp capped one of the most dramatic turnarounds in the 24-year history of KPS Capital Partners, the co-founder of the industrial turnaround specialist said.
3 min read · 01 June 2015