Warburg Pincus related stories
All articles and analysis
peHUB Wire: Friday, November 6, 2009Just Linking Around...
- Two More U.S.-Backed IPOs In China
ZeroIPO released a list of the 28 companies that went public last Friday on ChiNext, the new NASDAQ-style exchange in Shenzen. Intel Capital and a coalition of Chinese investors backed Silver River, an IT company in Zhejiang, and Warburg Pincus backed Lepu Medical, which makes syringes and other medical equipment in Beijing. Shares of both companies opened substantially higher than their listing prices -- Silver River's was up 55% and Lepu's 110% -- although trading had to be temporarily halted on Friday due to concerns about speculation. The shares of most companies fell this week, although they've now started to recover. See the report -- "A Touch of Warm Sunshine after the Cold Winter" -- after the jump.
- peHUB Wire: Tuesday, November 3, 2009
Random Ramblings
- peHUB Wire: Tuesday, November 3, 2009
Random Ramblings
- Executive moves, week of Nov. 2, 2009
Hires and promotions at Polaris and other PE and VC firms
- Ex-Metavante Exec Joins Warburg Pincus
Donald Layden, former general counsel of Metavante Corp. and president of Metavante International Group, has joined Warburg Pincus as an advisor, peHUB has learned. Layden recently helped lead negotiations for Metavante's $2.94 billion sale to Fidelity National Information Services Inc., but opted against remaining with the merged company. "I had a great run at Metavante, but I didn't want to relocate to Jacksonville from Milwaukee," Layden says. "I've known the guys at Warburg Pincus for a long time and think we could do some interesting things together in the transaction data processing space."
- EQT To Buy, Merge Bulgarian Cable TV Companies
EQT Partners has agreed to acquire Bulgarian cable television companies Eurocom and CableTel, at a combined enterprise value of more than €200 million. It plans to merge the companies and invest additional capital, alongside current CableTel shareholder Ron Finley.
- Debt Restructurings For All But a Few Mega-Deals
With today's news of Blackstone's plans to swap debt for equity in portfolio company Hilton Hotels, I imagined just about all of the top ten largest LBOs have now undergone some sort of debt-fixing deal. To be sure, I checked in on each of them and a few other well-known mega-deals, excluding those already exited like TPG's Alltel and of course, KKR's RJR Nabisco. As it turns out, all but a few have done something to ease their debt situation. From my research, First Data. Kinder Morgan, and Equity Office Properties have not publicly undergone any major debt restructurings. Here's a look at those who have: