Bain Capital related stories
All articles and analysis
Sealy Factory Workers Urge KKR to Save Oregon PlantThe employees of North Portland mattress factory Sealy (in which KKR is the largest shareholder) are working with The Oregon Working Family Party in an attempt to save their jobs.
Where Does Dell's $24.4 Bln Take-Private Rank Among LBOs?Yesterday, Dell announced it was being taken private in a $24.4 billion buyout from Silver Lake Partners and Michael Dell. The deal ranks as the biggest tech LBO ever.
Reuters - CVC Buying Philippine Long Distance Telephone Co.Philippine Long Distance Telephone Co. said it will sell a majority stake in its business process outsourcing unit to private equity firm CVC Capital Partners Ltd - a deal that underlines rising interest in the Philippines as an investment destination, Reuters reported. Terms of the PLDT deal were not disclosed, but a source familiar with the matter said last month that PLDT was in exclusive talks with CVC for a deal valued at about $320 million including debt. The deal is also the second that CVC has closed in Southeast Asia in less than a month, after leading a consortium to acquire Malaysia's two main KFC fast food franchises for $1.7 billion.
- Lloyd, Baker Join Highland Capital
Highland Capital Management said Monday that Andrea Lloyd has rejoined the firm as a credit trader, while Scott Baker was named a director. Lloyd will be responsible for trading bank loans and high yield bonds in the primary and secondary markets. Baker will be responsible for identifying new opportunities, assessing risk and conducting due diligence on the firm's investment ideas.
- Bain Capital Completes Apex Tool Deal
Bain Capital Partners has completed the acquisition of Apex Tool Group, a tools manufacturer. The purchase from Danaher Corporation and Eaton was valued at approximately $1.6 billion.
- Friday Letter: Tightrope Walking
Part of the trick in walking a tightrope lies in making sure your line has the right tension. Keep it tight. The slack wire is only good for juggling, clowning and sword fights.
- Friday Letter: A tale of two buyouts
A new era has dawned in South Africa, where Bain Capital is preparing the country’s largest ever LBO. Meanwhile in the UK, a private equity bid for Sainsbury’s looks an increasingly tall order.
- Friday Letter Steady now
Panic in the credit markets: don’t expect much buyout activity any time soon.
- Friday Letter Do not relent
George W. Bush has offered to come to the rescue of his friends in private equity, but the tax fight on both sides of the Atlantic is far from over. The industry can afford no complacency.
- Friday Letter: Building a brand
Almost 20 percent of Blackstone’s total assets lie in good will and other intangibles and that’s before the companies it owns are taken into account. Buyout firms are waking up to fresh ways to extract more value from the brands in their portfolios.