Thomas H. Lee Partners related stories
All articles and analysis
- SPG Partners in frozen dessert deal(2)
New York frozen dairy dessert retailer Tasti D-Lite has been acquired by buyout firm SPG, which sourced the deal from buyout legend Thomas H. Lee, who is also one of the deal’s co-investors.
- Buyout firms circle €2bn Reed Elsevier division(2)
Private equity firms are amongst the favourites to buy the education arm of Reed Elsevier, after the publishing company said it was putting the division up for sale.
- Carlyle hires Neutrogena exec for cosmetics firm(2)
The Carlyle Group has chosen Michael McNamara as the new chief executive officer for philosophy, the upscale cosmetics brand it acquired in January.
- Media unlimited(2)
Growth in internet advertising is fuelling media consolidation and private equity is playing its role the tune of €19bn with deals like Clear Channel boosting the total, writes Jennifer Bollen.
- Carlyle in skin care products deal(2)
The private equity firm will add to its consumer and retail portfolio with the purchase of philosophy, inc.
- Private equity backs its own in US election
The US private equity community has contributed substantial sums to the ever-expanding war chests of the US presidential hopefuls. Republican candidate Mitt Romney, the co-founder of Bain Capital, has predictably been the most generously supported.
- Sweetened bid for Clear Channel rejected
Clear Channel’s board has rejected a 0.5 percent higher bid for the media giant from TH Lee and Bain Capital, saying it would delay next week’s shareholder vote on the buyout. Two weeks ago, the private equity firms upped their bid by 4 percent and had said that was their ‘best and final offer’.
- TH Lee, Bain increase Clear Channel bid
Thomas H. Lee and Bain Capital have increased their offer for Clear Channel by nearly 4 percent, valuing the buyout at more than $27 billion. The private equity firms have said it is their final offer.
- Buyout battle looms for Thomson division
Some of the world’s biggest buyout firms are set to fight it out for the $3.5 billion-valued higher education division of publishing company Thomson, in the latest demonstration of private equity’s appetite for the sector.
- Providence to buy Clear Channel division for $1.2bn
Clear Channel is selling a group of 54 television stations to Providence Equity Partners for $1.2 billion. The media giant is also in agreements to sell 161 radio stations for $331 million.