Kohlberg & Company related stories
All articles and analysis
Kohlberg reaches $945m on second closeThe firm is well on the way to its $1.5bn hard-cap, having raised more than $400m since holding a first close in September.
- Kohlberg hits $520m on first close
The firm’s previous investor fund has generated strong returns, posting a 16.8% IRR as of 31 December.
- Louisiana Teachers’ commits $200m to PE
The commitments to Blackstone, Kohlberg & Company and Oak Hill are the first from the $13.8bn retirement system since allocating $375m to private equity in FY 2012.
- Kohlberg targets $1.5bn for its seventh fund
The Ohio School Employees’ Retirement System this week committed $40m to Kohlberg Investors VII, a re-up for the pension.
- Kohlberg exits healthcare company in $358m sale
Kohlberg & Company has exited Critical Homecare Solutions following a failed attempt to sell to a SPAC backed by a health-focused private equity firm.
- Ex-NBA star Robinson makes first private equity investment
Admiral Capital Group, launched by former NBA star David Robinson and former Goldman Sachs banker Daniel Bassichis, has acquired a stake in Kohlberg-owned concessions company Centerplate. Terms of the deal were not disclosed.
- Kohlberg to pay reduced price for US catering service Centerplate
The price of the merger, originally valued between $185m and $205m, was reduced to an undisclosed amount due to Kohlberg’s inability to secure financing.
- National City balks at financing Kohlberg deal
The Corsair Capital-backed bank has declined to extend $175m in debt for Kohlberg & Company’s acquisition of sports caterer Centerplate. Last month, National City agreed to a $5.2bn government-backed merger with PNC Financial Services Group.
- MBF Healthcare SPAC again changes terms on Kohlberg exit
Blank cheque company MBF Healthcare Acquisition will pay $12m less for Kohlberg & Company-owned Critical Homecare Solutions, just a month after cutting the initial price tag from $534m to $479m. The SPAC arranged a new financing scheme last month.
- Kohlberg & Company takes sports caterer private
Middle market specialist Kohlberg & Company has agreed to pay between $185m and $205m million in equity and assumed debt for Connecticut-based Centerplate.