Bank of America Merrill Lynch related stories
All articles and analysis
Listed KKR fund has $1.6bn in dealsKKR Private Equity Investors, which raised $4.8bn in May, has committed $1.6bn to recent KKR deals and $1.9bn to the firm’s 2006 Fund.
- Bridgepoint storage deal pays out £101m
European buyout firm Bridgepoint’s buy-and-build strategy in the storage facility sector is starting to pay dividends with the refinancing of Safestore.
- Campbell Lutyens boosts team
Campbell Lutyens, a private equity advisory firm, has appointed Paula Langton in its London office, while Greg Weiner joins in New York.
- KKR lands record $33bn hospital deal
KKR, Bain Capital and Merrill Lynch will buy HCA, a hospital chain, and take on its $11.7bn of debt, making it the largest leveraged buyout in history.
- Terra Firma sells waste business for £1.4bn
Terra Firma, the UK private equity firm, will hold on to the waste-to-energy arm of Waste Recycling Group, which analysts say could be worth £650m, following a sale of the waste disposal business to FCC of Spain.
- Blackstone unlikely to submit new HCA bid
A source close to the matter said the firm has been looking at HCA for a few weeks, but is unlikely to submit a competing offer.
- HCA buyout talks fall apart
The discussions for a group reportedly including Bain Capital, KKR and Merrill Lynch to acquire the hospital operator have fallen apart, according to news reports.
- PE backers see $1bn return on Hertz
Clayton, Dubilier & Rice, The Carlyle Group and Merrill Lynch Private Equity reclaim almost half of their original equity investment in the rental car company via a debt-financing commitment.
- Lexington hires Australian Consul-General for Asia Pacific
Kenneth Allen, the former Australian Consul-General in New York and an investment banker with the World Bank and Macquarie, has joined New York-based secondary specialist and direct co-investor Lexington Parners.
- Castle Harlan names new president
Justin Wender, 37, will replace the New York buyout firm’s co-founder, Leonard Harlan, after a long period of gradual leadership transition, the firm announced.