Thomas H. Lee Partners related stories
All articles and analysis
Governance after RefcoWhen it was revealed that the head of US broker Refco had allegedly concealed $430m of debt, one question that needed answering was whether investors in the firm should have known more about goings-on behind the scenes. Andy Thomson asks a corporate governance specialist about the lessons for private equity.
- Refco auction looms
The auction for Refco’s assets is scheduled for tomorrow, and a winning bidder should be announced by the end of the week. The beauty contest is said to include a mix of strategic and financial bidders, who could push the bidding up to the $1bn range.
- Warner files for IPO
Warner Music Group, bought by Thomas H. Lee Partners, Bain Capital and Providence Equity Partners for $2.6 billion last March, has planned a $750 million IPO.
- Providence, 3i take Crown for $242m
Providence Equity Partners, 3i Group and UK television executive David Elstein have agreed to buy the international business of Crown Media, owner of Hallmark Channel.
- Golden Gate buys Blue Martini
The San Francisco firm, founded by former Bain Capital partners, has agreed to purchase the customer relationship software company for $54m.
- KKR tops 2004 investment banking fee table
In 2004, private equity sponsors racked up a whopping $9bn in M&A and capital markets fees, according to Dealogic – 17 percent of total investment banking revenue.
- Tom Lee merges past, present portfolio cos
In a $1.2bn deal, Thomas H. Lee will exchange its 83 percent ownership of lawn-and-garden products supplier United Industries for a 25 percent stake in publicly traded pet products supply company Rayovac, a former portfolio company of the Boston buyout gi
- Tom Lee in $450m Eye Care exit
After scrapping plans for an IDS, the Boston buyout firm has agreed to sell Eye Care Centers of America to private equity firm Golden Gate Capital and eyewear products maker Moulin International.
- TPG, TH Lee buy part of FNF division
The two US buyout groups have agreed to spend $500m on a 25% stake in a subsidiary of Fidelity National Financial after reportedly eyeing the purchase of all of FNF.
- Bain closes new venture fund on $250m
Bain Capital Ventures’ second fund follows its 2001 same-sized vehicle, which is close to being fully invested.