UK-listed fund 3i has agreed to purchase a 19.5 percent stake in Phibro Animal Health for $52.7 million as the company prepares to float on London’s AIM.
2 min read · 04 January 2013
The mid-market private equity firm founded in 2006 has closed it first fund but has yet to make its first investment.
1 min read · 04 January 2013
Tom Gores’ Platinum Equity will acquire Industrial Distribution Group and seek synergies with existing portfolio company, Strategic Distribution.
1 min read · 04 January 2013
The Silicon Valley venture firm now has three investment professionals based in Bangalore; the new hires follow founder Dick Kramlich’s move to Shanghai.
2 min read · 04 January 2013
The Canada Pension Plan Investment Board has teamed up with Blackstone and a Canadian telecom company to bid in an upcoming spectrum auction. The consortium has deposited $340 million toward that end.
2 min read · 04 January 2013
Three heavy-hitting private equity- and venture-backed syndicates have made deposits of more than $100m for an upcoming spectrum auction.
2 min read · 04 January 2013
TH Lee, Bain and their banks, which the buyout firms are suing to force funding of their Clear Channel take-private, are releasing heated statements as the banks seek dismissal of a lawsuit filed in New York and a transfer of a Texas lawsuit from state to federal court.
2 min read · 04 January 2013
New York-based Avista Capital has hired a former Mobil executive as industry advisor to the firm’s energy practice.
2 min read · 04 January 2013
A group of private equity firms, including initial backers RRE and Venrock, have invested $7.2 million in the Storm Exchange.
2 min read · 04 January 2013
Recently renamed Continental Grain has launched a private equity group, led in part by Quadrangle co-founder David Tanner.
2 min read · 04 January 2013
