Bain Capital related stories
All articles and analysis
Apollo, Blackstone to acquire $13bn in LBO loansThe private equity mega-firms have agreed to purchase some $8bn in debt from Royal Bank of Scotland in addition to $5bn in debt related to the $18bn buyout of Clear Channel by Bain Capital and Thomas H Lee.
- US Venture Partners raises $625m
The technology and healthcare specialist has also participated in a $13m financing round for myYearbook.com, a teen social networking website.
- Care Bears buyout for OMERS, Birch Hill
A portfolio company owned by the two Canadian private equity firms will pay $195m for Strawberry Shortcake and Care Bears, two US cartoon properties wildly popular in the 1980s. The deal also includes the acquisition of Sushi Pack, a Saturday morning cartoon, and DIC Entertainment.
- Wellington taps LinkedIn co-founder to expand US presence
The European venture firm has hired Eric Ly to enhance its Silicon Valley network as the love affair between the venture community and social networking websites continues.
- $6bn Penn National takeover collapses
Casino operator Penn National will receive $225m in cash and $1.25bn in preferred shares after the Fortress- and Centerbridge-led deal was terminated. Penn said a ‘re-negotiated, reduced purchase price was not a viable option.’
- Report: Huawei shortlists five potential buyers
Five US private equity firms reportedly remain in the running to acquire a stake in the mobile business unit of China’s Huawei Technologies
- Blackstone, Bain and NBC pick up Weather Channel
The consortium will contribute roughly equal portions of equity for the Atlanta-based cable network, valued at roughly $3.5 billion. NBC will try to integrate the network's television and online properties into its own media platforms.
- DIC hires Morgan Stanley Private Equity co-founder
Dubai International Capital has hired David Smoot to expand its private equity operations in North America. He brings with him a wealth of experience in investment banking, from advisory mandates to principal investing.
- Social networking continues to lure venture capital
LinkedIn, SodaHead, Twitter and I’m In Like With You are among the most recent companies to receive backing in the increasingly crowded social networking sector.
- Report: Carlyle nears £400m deal for De La Rue division
The buyout firm is reportedly weeks away from closing a deal for De La Rue’s cash systems division, whose products include ATMs, cash counting machines and related software.