Bain Capital related stories
All articles and analysis
PAI Partners and Goldman sell Xella to buyout group Lone Star: ReutersPrivate equity group PAI Partners and funds managed by Goldman Sachs' (GS.N) investment arm have agreed to sell Germany-based building materials maker Xella to buyout group Lone Star, Reuters reported.
- SendGrid attracts $33 mln Series D
SendGrid, a delivery platform for customer communication, has raised $33 million in Series D funding. The investors included Bain Capital Ventures, Foundry Group, Bessemer Venture Partners and Softech VC.
- Allstate to acquire SquareTrade for about $1.4 bln
The Allstate Corp has agreed to buy San Francisco and London-based SquareTrade, a consumer protection plan provider, for about $1.4 billion. The sellers included Bain Capital Private Equity and Bain Capital Ventures. The deal is expected to close in January 2017. Ardea Partners, Lazard and Willkie Farr & Gallagher advised Allstate in the transaction while Financial Technology Partners and Ropes & Gray advised SquareTrade.
- Bain raising first life sciences fund
The fund will be led by Adam Koppel, who rejoined the firm this year from biotechnology company Biogen, and Jeff Schwartz, who moves over from Bain’s private equity team.
- KKR to buy Nissan-backed auto parts company for $4.5bn
KKR kick-starts tender offer for Japanese company Calsonic Kansei, in a deal that would see the PE giant enhance the company’s R&D model.
- KKR to buy Nissan-backed supplier Calsonic for as much as $4.5 billion: Reuters
U.S. buyout firm KKR & Co (KKR.N http://www.reuters.com/finance/stocks/overview?symbol=KKR.N ) said it is buying auto parts maker Calsonic Kansei Corp (7248.T http://www.reuters.com/finance/stocks/overview?symbol=7248.T ) from Nissan Motor (7201.T http://www.reuters.com/finance/stocks/overview?symbol=7201.T ) and other shareholders for as much as 498.3 billion yen ($4.5 billion), seizing on a rare chance to do a multi-billion dollar deal in Japan, Reuters reported.
- Ardian in exclusive talks to buy Unither Pharmaceuticals: Reuters
Private equity firm Ardian said on Thursday it had entered exclusive talks with Equistone Partners to buy the fund's controlling stake in Unither Pharmaceuticals, a medical packaging manufacturer.
- Santander takes full control of its asset management business, says source: Reuters
Banco Santander (SAN.MC) has agreed to buy back a 50 percent stake in its asset management unit from U.S. buyout funds Warburg Pincus [WP.UL] and General Atlantic, sources told Reuters.
Northleaf rakes in more than $1.4 bln for private credit programNorthleaf Capital Partners has raised more than US$1.4 billion for its global private credit program from "a core group of Canadian pension plans." Northleaf also acquired a 16 percent stake in Antares Holdings, a financing solutions provider for middle-market private equity-backed deals, from Canada Pension Plan Investment Board (CPPIB). CPPIB acquired /buyouts/with-cppibs-muscle-behind-it-antares-to-be-very-competitive-on-loan-pricing/ Antares last year for US$12 billion. Northleaf, a Toronto-based private-markets fund manager, said its private credit fund, Northleaf Private Credit I, will provide investors with exposure to private credit investments, including senior, unitranche, second lien, mezzanine and subordinated loans, in North America, Europe and Australia.