Bain Capital related stories
All articles and analysis
Bain Closes $1.63 Billion Styron BuyoutDow Chemical Co. has completed the sale of its Styron plastics unit to Bain Capital for $1.63 billion. Dow retained a 7.5% equity position, although it had an option to retain up to 15 percent.
- Novell acquisition price could reach $1.4B
Potential bidders are unknown, but include many PE heavyweights
- KKR, Apollo IPOs could encourage more
If investors are receptive and put high valuations on KKR and Apollo, it may encourage more private equity firms to go public
- Toys 'R' Us to test market with $800M offering
Toy retailer had been in private hands for five years
- Blazent Raises $10 Million Recap Round
Blazent Inc., a San Mateo, Calif.-based provider of IT intelligence for IT outsourcers, has raised $10 million in new VC funding. HighBAR Ventures led the round, and was joined by KeyNote Ventures, Walden Venture Capital and Catamount Ventures. The company previously raised over $28 million from Keynote, Bain Capital Ventures, Benchmark Capital, FirstMark Capital, Brookside Management, SV Life Sciences and StarVest Partners.
- RadioShack Auction: It's All About The Cash
RadioShack, the electronics retailer that sells tape recorders and phone extensions, is apparently getting lots of interest from the private equity community. At first blush, I was surprised that RadioShack still exists, let alone that it's up for sale. But it seems that more than a few folks still visit “The Shack,” given its 4,000+ retail locations and 555 kiosks. Goldman Sachs is running the auction, with suitors reported to include The Blackstone Group Bain Capital and TPG Capital. A sale could be valued at more than $3 billion. So why such interest in RadioShack? It’s the cash, stupid. RadioShack has is sitting on $872 million in net cash, says Anthony Chukumba, senior research analyst for BB&T Capital Markets.
- peHUB Wire: Tuesday, June 8, 2010
Random Ramblings
- peHUB Wire: Tuesday, June 8, 2010
Random Ramblings