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Trio in $1.2bn radio dealThe Blackstone Group, Bain Capital and Thomas H. Lee Partners have teamed up with Cumulus Media to acquire Susquehanna Radio in $1.2bn deal.
- Nautic returns $239m to LPs
The Rhode Island private equity firm has exited cable operator Gans Communication for two times their initial $38m investment, capping off a twelve month period that saw ten other liquidity events totaling $239m.
- Genstar Capital launches healthcare company
The San Francisco mid-market shop has teamed with Nautic Partners and HealthCare Dimensions to form AXIA Health Management, marking the first deal out of its recently closed Fund IV.