Oak Hill Capital related stories
All articles and analysis
Alcoa to acquire Oak Hill Capital-backed Firth RixsonAlcoa has agreed to acquire Oak Hill Capital Partners-backed Firth Rixson, which makes jet engine components, for $2.85 billion in cash and stock. Alcoa will make the acquisition for $2.35 billion in cash, plus $500 million of company stock and an additional $150 million potential earn-out.
- BridgePoint books more than 3X return on Pulsant
BridgePoint has sold IT infrastructure provider Pulsant to Oak Hill for greater than 3X return.
- Varagon Capital Partners, backed by AIG and Oak Hill, launches
Varagon Capital Partners, a New York-based asset manager serving middle market borrowers and investors, has launched with an initial $1.5 billion investment commitment from AIG. Walter Owens leads as CEO while Denis Nayden, a managing partner of Oak Hill, has been tapped as chairman of Varagon’s board of directors. In addition to AIG, Varagon is also backed by certain partners and affiliates of Oak Hill.
- Oak Hill Capital-backed Irish aircraft lessor files in U.S. for IPO
Aircraft leasing company Avolon Holdings Ltd filed with U.S. regulators on June 9 to hold an initial public offering, but said it has not decided how much it planned to raise.
- Henry Schein Animal Health to acquire SmartPak
Henry Schein's US animal health business, Henry Schein Animal Health, is to acquire around 60 percent of SmartPak, a provider of equine supplements and horse supplies across the US. Henry Schein Animal Health is a companion animal health distribution company in the United States. As part of this transaction, Oak Hill Capital Partners and SmartPak’s existing management team will own SmartPak’s remaining equity.
- Oak Hill in $1.47bn exit to CCMP
CCMP’s acquisition of the Hillman Companies comes as the firm seeks $3.5bn for its third buyout fund.
- CCMP agrees to acquire Hillman for about $1.5 bln
CCMP said Monday that it has agreed to acquire a controlling stake in Hillman from Oak Hill Capital for $1.475 billion. CCMP has partnered with Hillman's current management team on the transaction. Oak Hill Capital will retain a "significant" minority stake in Hillman. Barclays is advising Hillman on the deal while Morgan Stanley is advising CCMP. Based in Cincinnati, Hillman is a provider of fasteners, key duplication systems, engraved tags and related hardware items.
- Large Market Deal Of The Year: Retransmission rights prove lucrative for Local TV Holdings
Being patient for the right assets to come along, and knowing how to fully exploit them: These two qualities went a long way toward Oak Hill Capital Partners winning its Large Market Deal of the Year award for the creation, ownership and sale of Local TV Holdings LLC.
- Oak Hill Capital expands team with new addition
New York-based private equity firm Oak Hill Capital said Tuesday that it has hired Brian N. Cherry as a partner. The appointment is effective immediately. Previously, Cherry worked at J.H. Whitney & Co. where he served as a senior managing director.
- GS, Vestar near $1.1 bln deal for Wind Point's Hearthside
GS Capital Partners LP, the private equity arm of Goldman Sachs Group Inc, and Vestar Capital Partners are nearing a deal to buy Hearthside Food Solutions LLC for more than $1.1 billion, people familiar with the matter said.