Warburg Pincus related stories
All articles and analysis
Warburg to Sell Service Repair SolutionsWelsh, Carson, Anderson & Stowe has agreed to buy Service Repair Solutions from Warburg Pincus. Financial terms were not announced. Las Vegas-based SRS provides data, information services and workflow solutions to the automotive service and repair industry.
- Private Equity Foundation and Impetus Trust Merge
The Private Equity Foundation and Impetus Trust have merged creating a new registered charity Impetus – The Private Equity Foundation. Global private equity firm Warburg Pincus has made a three-year commitment to support the venture.
- Reuters - Roche Buys US Blood Testing Firm
Swiss drugmaker Roche is buying Constitution Medical Investors, a US developer of a testing system for blood diseases like anaemia and leukaemia, for an upfront $220 million, plus further contingent payments, writes Reuters. Boston-based CMI was created and funded by private equity firm Warburg Pincus and former Cytyc Corporation executives Patrick Sullivan and Daniel Levangie.
peHUB Second Opinion 7.1Zynga has a new CEO http://allthingsd.com/20130701/in-major-hire-zynga-confirms-xbox-head-mattrick-as-new-ceo-replacing-founder/ Entrepreneur Michael Birch just paid $1 million http://techcrunch.com/2013/07/01/bebos-founder-michael-birch-says-hes-bought-back-the-social-network-for-1m-plans-to-reinvent-it/ to acquire Bebo, the social network he sold to America Online four years ago for $850 million (in cash). And is Google killing organic search http://blog.tutorspree.com/post/54349646327/death-of-organic-search And more!
Private Equity Fundraising Improves in the Second QuarterAn early look at private equity fundraising in the second quarter suggests an improving market for raising new money, including an apparent uptick in prospects for new venture capital funds.
Blackstone and Warburg Among Bidders for Carlyle's Arinc -- Sources(Reuters) - Blackstone Group and Warburg Pincus are among the buyout firms through to the second round of the auction for Carlyle Group's aerospace communications firm Arinc Inc, several people familiar with the matter said this week. Hellman & Friedman, Advent International and BC Partners are also in the mix, sources said.
Private Equity Finds Egress Easier than EntranceThese may be halcyon days to sell, but the private equity industry may need to buff its reputation if it wants to replenish its inventory, writes Robert Cyran of Breakingviews.
- Warburg Pincus Touts Minority Partnerships to Clinch Europe Bank Deals
U.S. private equity firm Warburg Pincus is trying to persuade European banks to sell it more of their businesses by buying minority stakes that allow them to share in any future upside, a senior executive told Reuters
Who's Selling? Buzz Builds Around Year 2007 Tech, Healthcare DealsAn estimated two-thirds of buyout-backed tech and health care acquisitions from the go-go year of 2007 are still held in portfolios, making them prime opportunities to exit for financial sponsors with cash-hungry limited partners.
- PE Firms, Others In Hunt For HP's MphasiS Stake
The Carlyle Group LP and The Blackstone Group LP as well as Indian outsourcers L&T Infotech and Tech Mahindra Ltd, are lining up bids for Hewlett-Packard Co’s $1 billion stake in India’s MphasiS Ltd, several sources involved in the process told sister news service Reuters. Buyout firms Advent International and Bain Capital LLC are also in talks to bid for HP’s 60.5 percent stake in MphasiS, an IT services exporter, said the sources, who declined to be named as details of a potential deal are not yet public.