Upon the merger of Nymex Holdings and CME Group at the end of this week, the Greenwich, Connecticut-based private equity firm will hold 1.3 percent of CME; General Atlantic also holds stakes in NYSE Euronext, BM&F Bovespa and the National Stock Exchange of India.
1 min read · 05 January 2013
The Massachusetts-based private investment firm has sold Vertex Fasteners to industrial equipment distributor DXP Enterprises three years after the initial acquisition.
1 min read · 05 January 2013
The portfolio company of defunct mid-market private equity group Citi Venture Capital has partially exited to the soft drink company’s largest distributor. The Citi fund’s portfolio remains in limbo with William Comfort managing operations in the short term.
2 min read · 05 January 2013
The JPMorgan unit, Sagard Capital Partners and Tinicum Capital Partners have agreed to acquire newly issued stock from X-Rite as a part of the company’s plan to reduce its debt by $144m.
2 min read · 05 January 2013
Spark Capital and Syncom Venture Partners have led a second round of funding to help Clear expand its US footprint.
2 min read · 05 January 2013
Israel-based Gilat has pulled out of a deal with a private equity consortium led by the Los Angeles-based firm, citing an ‘intentional breach of the merger agreement’. The company has called for payment of a $47m break-up fee.
2 min read · 05 January 2013
The listed alternatives firm has exited it June 2006 investment in cable box company Contec to Bain Capital Partners for a reported $525m.
1 min read · 05 January 2013
Good returns are essential for IGNIA, which looks to create meaningful change in the lowest socioeconomic segment in Latin America, said co-founder Álvaro Rodríguez. The Monterrey, Mexico-based firm recently held a $21m first close on its debut fund.
2 min read · 05 January 2013
The venture capital arm of Nordic industrial holding company, Investor AB, has named veteran Stephen Campe as president. Henry Gooss will retire from the position and become a senior advisor.
1 min read · 05 January 2013
The First Chicago Equity Capital spin-out has acquired the MedSystems business of Ohio-based Cardinal Health. Cardinal last year sold a unit to The Blackstone Group for $3.3bn.
1 min read · 05 January 2013