Bain Capital related stories
All articles and analysis
Reuters - KKR, New Mountain pursue joint bid for talent agency IMGPrivate equity firm KKR has teamed up with New Mountain Capital to bid for IMG Worldwide, joining a handful of companies interested in buying the sports, fashion and marketing agency from Forstmann Little & Co, writes Reuters. KKR and New Mountain would be competing for IMG against other buyout firms, as well as sports and entertainment companies, Creative Artists Agency and William Morris Endeavor Entertainment, writes Reuters.
- VSS platform Southern Theatres adds movie dining chain
Veronis Suhler Stevenson LLC’s movie house platform Southern Theatres LLC has bulked up with the acquisition of Movie Tavern, a Dallas-based cinema eatery chain with 16 locations and 130 screens in seven states, as it continues to invest from its 2005 buyout fund.
- BMC Software completes privatization transaction
BMC Software has completed its acquisition by a private investor group led by Bain Capital and Golden Gate Capital together with Insight Venture Partners, GIC Special Investments Pte Ltd and Elliott Management Corporation. As a result of the completion of the transaction, BMC Software common stock will no longer be listed for trading on NASDAQ.
- ScoreBig.com racks up $10 mln from CPIF
ScoreBig.com said Tuesday that it has closed $10 million in funding from Checketts Partners Investment Fund. Also, the company has hired board advisor and former Ticketmaster EVP David Goldberg as its chief strategy officer. Headquartered in Los Angeles, ScoreBig.com, which is also backed by Bain Capital Ventures and U.S. Venture Partners, is an online marketplace that sells unsold tickets.
- Intel Capital Leads $14 Mln Series B Round for HookLogic
HookLogic said Monday that it has raised $14 million in Series B funding. Intel Capital led the round. Headquartered in New York City, HookLogic, which is also backed by Bain Capital Ventures, is a provider of commerce search advertising solutions.
- Reuters: KKR Favored in $1.5 Billion Panasonic Healthcare Talks: sources
Kohlberg Kravis Roberts & Co is set to gain preferential negotiating rights for a majority stake in Panasonic Corp's healthcare unit, sources familiar with the matter said, a potential $1.5 billion deal that would mark the U.S. firm's largest investment in a Japanese company, Reuters reported.
- LP Scorecard: HIG is Hot, J.C. Flowers Is Not for University of California
HIG Capital IV, a 2006 vintage buyout fund that raised $750 million, holds the top spot of the University of California’s buyout-related vehicles, according to data released for year-end 2012 by the university. Not faring so well from that vintage year is J.C. Flowers II LP, which comes at the bottom of the list of buyout performers.
- Bidders Line Up For Rexams Health Unit
Beverage can maker Rexam has launched the sale of its healthcare packaging business, which could fetch around 650 million pounds ($1 billion), four banking sources told sister news service Reuters.
- ConvaTec Sets $779M Dividend For Sponsors
The dividend train continues, and this time it’s ConvaTec which is paying out a large distribution, sister website peHUB reported.
- Lawson Takes Reins At HGGC In Advance Of Fund II Launch
HGGC, a prominent Palo Alto, California-based middle-market firm, has named Rich Lawson, a longtime managing partner and co-founder, as its new chief executive, the firm announced. The firm recently changed its name from Huntsman Gay Global Capital.