The New York private equity firm has agreed to Cendant’s marketing services division, a business line that was the site of hundreds of millions of dollars in accounting fraud for the conglomerate.
The New York-based private equity firm has made the first investment from its third fund and has exited a fast food franchise business.
Media investment bank Veronis Suhler Stevenson sold construction trade publisher Hanley Wood for $650m, more than 12.5 times the media company’s EBITDA.
Italian telecoms carrier Wind Telecommunicazioni has been sold to Egyptian businessman Naguib Sawiris’ Weather Investments for €12.1bn.
TDR Capital has completed its fifth investment with the acquisition of modular buildings supplier Elliott Group for £166m.
In a $495m deal, New York’s Odyssey Investment Partners will acquire Norcross Safety Products from Trimaran Capital Partners, John Hancock Life Insurance Company and CIVC Partners.
The European mid-market private equity firm has reached agreement to acquire the digital cordless business unit of the Netherlands’ National Semiconductor Corporation.
In the same week that Blackstone announced plans to open an office in India, KKR is reportedly considering its first Asian investment – an $800m stake in Samsung Life Assurance.
Thomas H. Lee and CIVC will reap a huge profit in the sale of TransWestern Publishing, a US yellow pages publisher, to London’s Yell Group.
The Stockholm-based firm’s buyout of the Danish clothing group is its first major acquisition of a family-owned business.

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