Bain Capital related stories
All articles and analysis
Sponsors, banks spar over Clear Channel lawsuitsTH 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.
- The transformer
If his firm can't change it, Donald Gogel won't buy it. The CEO of New York buyout firm Clayton, Dubilier & Rice oversees an investment team that has since 1978 combined financial acumen with roll-upyour-sleeves operating work. It is an investment model now pursued by almost every major private equity firm, but Gogel argues that few firms are as committed to the granularity of operational change as is Clayton Dubilier. The former Rhodes scholar spoke recently with David Snow about standing out from the competition, his firm's stepped up co-investment activity and his days as a New York City streetballer.
- Doughty Hanson returns €80m via Quinlan sale
The UK private equity real estate firm is making almost six times its equity investment on the sale of a German property to the real estate firm founded by former Irish tax inspector Derek Quinlan.
- KKR Euronext vehicle in wave of write-downs
In what could be a bellwether for interim valuations in large private equity funds, publicly traded KKR Private Equity Investors has announced a round of significant write-downs in its portfolio of direct investments, in line with fair-value accounting rules that GPs around the world are facing pressure to adopt.
- Advantage Partners to make first solo acquisition outside Japan
The local Japanese buyout firm is set to acquire a US-based automotive leather interiors provider, beating The Carlyle Group in its bid, in what the firm calls ‘a big first step’ to becoming a ‘global firm’.
- Bain buyout falls foul of US regulator
The US Committee on Foreign Investment has indicated it will block the acquisition of IT networking company 3Com because of Bain’s minority Chinese trade partner Huawei.
- Sun Capital nabs Nikko man in Japan
The turnaround specialist’s Japanese arm has appointed as chairman and chief executive Akitoshi Nakamura, a private equity pro whose resume includes roles at Nikko, Ripplewood and the Industrial Revitalization Corporation of Japan.
- Providence may leave Clear Channel deal(4)
Providence Equity Partners may drop out of a consortium that has agreed to buy US media giant Clear Channel Communications, casting doubt on the fate of a $27.5 billion deal that was nearly a year in the making.
- Providence may leave Clear Channel deal(3)
Providence Equity Partners may drop out of a consortium that has agreed to buy US media giant Clear Channel Communications, casting doubt on the fate of a $27.5 billion deal that was nearly a year in the making.
- Providence may leave Clear Channel deal(2)
Providence Equity Partners may drop out of a consortium that has agreed to buy US media giant Clear Channel Communications, casting doubt on the fate of a $27.5 billion deal that was nearly a year in the making.