TPG related stories
All articles and analysis
- Turnaround pro takes reins at Burger King
Greg Brenneman, chairman and CEO of Houston-based turnaround private equity firm TurnWorks, has been named head of the fast-food chain effective August 1.
- Nordic cashes in on Wilson Logistics
The Swedish private equity firm has agreed to sell Wilson Logistics Group to Dutch mail, express and logistics company TPG for SEK2.35bn.
- Sagitta closes first deal from new fund
The lower-mid market UK private equity firm has invested £6m in a specialist provider of care and residential services, its first deal since becoming independent.
- Buyout kings strike $3.65bn power deal
The Blackstone Group, Hellman & Friedman, Kohlberg Kravis Roberts and Texas Pacific Group have agreed to buy Texas Genco through their holding company GC Power Acquisition.
- MidOcean sells pubs for £654m
The Laurel neighbourhood pub chain has been sold to UK brewer Greene King, which beat off strong trade and private equity competition.
- CalPERS’ Hayes leaves for Oak Hill
Rick Hayes, the head of CalPERS’ huge and influential private equity programme, has resigned to lead a fund of funds business for Oak Hill Capital Management, the alternative investment firm affiliated with oil billionaire Robert Bass.
- Bear Stearns to team up with Opera
Opera, the Italian private equity firm that invests in lifestyle and luxury goods firms, has announced a partnership with the private equity arm of US investment bank Bear Stearns Cos.
- Bain raises $4.25bn for two funds
The Boston buyout shop has managed to round up commitments in less than two months in one of the largest fundraisings of the year.
- Landmark deal in China for Newbridge
The San Francisco firm strikes a deal with Shenzhen Development Bank, marking China’s first-ever sale to a foreigner of a controlling stake in a state-owned bank.
- German spigot maker sold for €1.5bn
Texas Pacific is joining CSFB Private Equity on the acquisition of German bathroom-fixture maker Friedrich Grohe AG from UK-based BC Partners.