KPS Capital Partners related stories
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peHUB Wire: Friday, August 28, 2009Random Ramblings
- peHUB Wire: Friday, August 28, 2009
Random Ramblings
- peHUB Wire: Monday, July 27, 2009
Monday Mouth-Off
- Buyout deals slump in Q1 amidst downturn
Blackstone, Audax sit out quarter as add-ons rule the day
Add-Ons & Distressed Deals Punctuate A Slow Q1The towering eleven-figure deals of yesteryear continued to shrink in the rearview mirror, as buyout pros treaded lightly in the first quarter in an effort to safely navigate the economic downturn.
- peHUB First Read
* Cerberus would lose its equity stake http://blogs.wsj.com/autoshow/2009/03/30/718/ in Chrysler, under terms of the Obama Administration's proposed restructuring. Maybe that's for the best, given that Cerberus has already pledged to decline any carried interest from the deal -- thus minimizing its alignment of interests (never understood why that was a good idea). The firm will, however, continue to be a bondholder in Chrysler, and majority stakeholder in Chrysler Financial. * Google formally announces its venture capital unit /35850/google-forms-100-million-venture-fund/ * The Private Equity Council yesterday released a new white paper on PE's role in promoting economic recovery. Here's the download /wp-content/uploads//pec_economic-recovery_032309a.pdf * Morning Call: U.S. futures looking up http://www.reuters.com/article/usMktRpt/idUSLV53985020090331 European shares rise http://www.reuters.com/article/eurMktRpt/idUSLV71232620090331 on bank rally, the Nikkei falls 1.5% http://www.reuters.com/article/tokyoMktRpt/idUST18740420090331 and Hong Kong closes higher http://www.reuters.com/article/hongkongMktRpt/idUSHKG17165220090331 * A new "Nigerian" email scam is using private equity as its bait http://twitpic.com/2mov7 * The government crackdown on P2P lending http://www.thebigmoney.com/articles/0s-1s-and-s/2009/03/27/government-crackdown-peer-peer-lending?page=full (most of which is VC-backed). * CEO is again the safest job in America http://www.businessinsider.com/the-safest-job-in-america-ceo-2009-3 (well, at least outside of Detroit)
- KPS Completes Waterford Wedgwood Purchase
KPS Capital Partners has completed its acquisition of certain assets of luxury tableware maker Waterford Wedgwood. No financial terms were disclosed for the deal, which included assets within Waterford Crystal, the pottery business Wedgwood and fine china maker Royal Doulton. Not included were either German porcelain maker Rosenthal or the company’s production facilities at its Waterford crystal plant in Ireland.KPS also announced that the company would be led by Pierre de Villemejane, former CEO of Speedline Technologies -- a KPS portfolio company sold to Illinois Tool Works.
- peHUB Wire: Friday, March 27, 2009
Random Ramblings