Morgan Stanley investment banker Bill Sanders said he expects a robust deal making environment in 2015 with nearly “all options open” for sponsors, but larger take-private deals may remain limited.
2 min read · 30 December 2014
As regulatory and LP pressure builds on private equity firms in the post Dodd-Frank era, GPs should anticipate using at least 5 percent of their revenue for compliance, said Todd Cipperman, founding principal of Cipperman Compliance Services.
2 min read · 29 December 2014
U.S. sponsored deal-making volume picked up in 2014, a year of middle-market dominance in M&A.
5 min read · 29 December 2014
Cyprium Partners has raised $460 million for Cyprium Investors IV LP, a private equity pool launched after the firm spun off from KeyCorp, the firm has confirmed.
2 min read · 19 December 2014
Britax Group, a maker of car seats and other baby products, absorbed a debt downgrade from Moody’s Investors Service on competitive pressure and costly research and development efforts, which have boosted the company’s debt-to-EBITDA multiple to more than 11x.
2 min read · 16 December 2014
Alaska Permanent Fund plans to commit up to $1.05 billion to the overall strategy of Neuberger Berman’s Dyal Capital III, which in turn is raising up to $5 billion to invest in private equity firms.
2 min read · 16 December 2014
Fundless sponsor New State Capital Partners has closed a deal to buy a majority stake in Central Conveyor Company, a designer and builder of customized material handling systems, for an undisclosed sum, according to a source.
2 min read · 15 December 2014
Great Hill Partners has closed on nearly $955 million for its fifth private equity pool, capping off a busy 2014 for the Boston-based middle-market buyout and growth equity specialist.
2 min read · 10 December 2014
Cressey & Company plans to keep its average deal size at about $50 million as it activates the newly raised $615 million Cressey & Company Fund V LP starting in 2015, even though the buyout pool collected much more than its predecessor.
2 min read · 10 December 2014
Rubicon Technology Partners, co-led by Blackstone Group veteran John Hodge, has closed its first fund at $305 million, above its target, capping off a year-plus effort, according to a source.
2 min read · 08 December 2014
