MidOcean Partners related stories
All articles and analysis
Wasserstein closes biggest fund to dateAfter about a year of fundraising, commitments from existing LPs reached $790m, surpassing the original $750m target.
- MidOcean and Wasserstein exit Penton via $1.56bn sale
The New York-based firm came in 2007 to enter co-ownership of Penton alongside Wasserstein & Co.
- North Castle tucks into Nestle weight loss business
The investment in Jenny Craig comes as the US-based firm, which targets consumer businesses in the health and wellness sector, attempts to collect $250 million for its fifth fund.
- CVC loses senior financing executive
Managing director Hugh Briggs is the second senior level executive at CVC to announce his retirement in recent weeks, as chairman Mike Smith will step down in January.
- MidOcean to aquire Italian restaurant chain Sbarro
The management team of the quick-service Italian food chain, led by restaurant industry veteran Peter Beaudrault, will remain in place following the transaction as the firm undertakes a global expansion of the Sbarro’s franchise.
- MidOcean counts its fourth deal in two weeks with packaging acquisition
MidOcean Partners has racked up fourth deal in just over two weeks with the acquisition of Europackaging, for a reported £170 million to £190 million.
- Avista buys publisher from MidOcean
In a $200m deal, the Credit Suisse spin-out has agreed to acquire 50 percent of Thompson Publishing Group, the other half of which it obtained from Credit Suisse in July.
- Standard Bank’s former PE chief resurfaces at RIT
Graham Thomas, who left Standard Bank in July when the South African lender was scaling back its principal investing business, has joined UK-listed RIT Capital Partners.
- HIG bags Bezier using debt for equity swap
HIG Europe has won control of struggling marketing company Bezier using a debt for equity swap, an increasingly common tool for sponsors acquiring distressed assets from banks.
- CVC bulks up with Virgin Active deal
CVC, no stranger to partnering with entrepreneurs after investing in F1 with Bernie Ecclestone, has acquired a majority stake in a gym chain owned by Richard Branson’s Virgin Group.