Silver Lake related stories
All articles and analysis
KKR and Silver Lake portfolio company files for IPOAvago plans to raise $504m in the IPO, in which both private equity firms will be diluting their stakes. The semiconductor company was KKR’s first deal in Asia when both firms acquired the company in 2005 for $2.66bn.
- MatlinPatterson submits $725m bid for Nortel businesses
The distressed debt specialist has plans to buy various Nortel assets out of bankruptcy and run them as a reorganised company. A separate Nortel division is currently being pursued by Avaya, which is owned by Silver Lake and TPG.
- Avaya submits $475m bid for Nortel business unit
The Silver Lake- and TPG-backed telecom company has entered a 'stalking horse' bid for a business unit of bankrupt Nortel Networks. MatlinPatterson is reportedly looking for strategic partners for a rescue plan for the company.
- Lee, Black focus on non-LBO strategies
Private equity veteran Tom Lee said his firm is looking to invest without leverage in both 'good' and 'bad' banks. Meanwhile, Apollo is eyeing various credit opportunities including providing DIP financing and LBO loans, as well as buying debt in companies it 'knows well' like former portfolio company Intelsat.
- Who’s responsible?
The largest private equity firms in the world have committed to consider socially responsible investment guidelines. Is this all just PR window dressing? asks Christopher Witkowsky.
- Mega-firms embrace socially responsible investing
Some of the world’s biggest private equity firms – including KKR, Blackstone, Carlyle, Permira, Providence, Apax and Apollo – have committed to consider environmental, social and corporate governance issues when making investments.
- Elevation injects $100m in struggling Palm
The California-based firm, which bought a 25% stake in Palm for $325m last year, is making another capital injection to help the struggling maker of mobile-computing devices after five straight quarterly losses. The firm, which includes U2 lead singer Bono as one of its partners, is investing from its debut fund, which closed on $1.9bn in 2006.
- Silver Lake-owned IPC agrees $167m divestiture
Communications company IPC Systems, exited by GS Capital for $800m in 2006, has sold off its emergency call-focused group to West Corporation.
- Silver Lake augments advisory team with Japan hire
The private equity firm has hired Hidetaka Fukuda, previously a tech policy specialist at Japan’s Ministry of Economy, Trade and Industry.
- Huawei cancels plans for $2bn mobile unit sale
What was expected to be a battle between Bain and Silver Lake for one of the largest-ever private equity deals in China has been put on hold. Huawei decided to halt the sale of its mobile phone unit, a division valued at $4bn, due to uncertain global market conditions.