Tribeca Oven CEO Marc Essenfeld said the rapidly growing artisan bread maker seriously considered a private equity buyer when it moved to sell itself, but the New Jersey-based company went with a strategic buyer instead, according to sister magazine Buyouts.
3 min read · 03 September 2014
Stripes Group wrapped up SG Growth Partners III LP by hitting its $500 million target in one close, according to a person familiar with the fund.
2 min read · 03 September 2014
BV Investment Partners added new limited partners from Europe as it wrapped up an 18-month fundraise for BV Investment Partners Fund VIII at $487 million, above its $400 million target.
2 min read · 02 September 2014
3i Group Plc’s North American private equity unit is buying Wisconsin-based A&A Manufacturing from Audax Group in a deal that values the maker of protective equipment at $202.5 million, as the UK firm continues investing off its balance sheet.
2 min read · 02 September 2014
The Illinois Teachers’ Retirement System pledged $100 million to the latest fund from NGP Energy Capital Management, bringing its NGP Natural Resources XI LP fund closer to its target of $4.5 billion, or a hard cap of $5 billion.
2 min read · 28 August 2014
3G Capital Management LLC’s Burger King Worldwide Inc will finance its $11.5 billion purchase of Canadian doughnut chain Tim Hortons Inc at a debt multiple of more than 7x EBITDA, a level that the quick-serve food chain finds comfortable.
3 min read · 27 August 2014
Prophet Equity plans to ramp up growth at Acton Mobile, a provider of office trailers and construction storage, after paying an undisclosed sum to acquire the company in its first investment from its new, $345 million Prophet Equity II LP fund.
1 min read · 26 August 2014
With the S&P 500 and the Dow Jones Industrial Average hitting record highs this summer, it’s no wonder that take-private deals by U.S. sponsors slowed to a trickle.
3 min read · 26 August 2014
3 min read · 26 August 2014
The Jordan Company LP has been cleared by U.S. antitrust regulators to buy Capstone Logistics, a Georgia-based manager of 240 distribution centers in the U.S. formed in 2011 by the merger of two private companies.
2 min read · 26 August 2014