Private Equity
Blackstone Group is shopping specialty materials company Polymer Group Inc. to prospective buyers in a deal that could approach $3 billion in value, according to a source familiar with the process. The firm is said to be preparing the company for either a sale or IPO.
2 min read · 28 July 2015
Strategics have emerged as the buyer of choice for private equity firms looking to sell their investments, according to Pitchbook Data Inc.
2 min read · 24 July 2015
The call by a group of US LPs urging the SEC to clean up GP reporting takes the debate over disclosure practices to a new level.
3 min read · 24 July 2015
Z’Tejas Southwestern Grill, a portfolio company of KarpReilly LLC, has filed for Chapter 11 bankruptcy protection in Arizona.
2 min read · 23 July 2015
Stern Partners, a private equity firm with investment experience in the retail industry, plans to acquire Comark, a PE-backed Canadian clothing chain that filed for bankruptcy protection earlier this year.
2 min read · 22 July 2015
David Posner, who recently left First Reserve, has joined a hedge fund.
1 min read · 20 July 2015
J.C. Flowers & Co’s sale of retirement planning firm Ascensus has hit the second round and bids are due later this month, people with knowledge of the deal said.
2 min read · 17 July 2015
Calling all GPs: It’s time once again to send us your best operational excellence stories.
3 min read · 17 July 2015
Comdata has opted not to sell gift card provider Stored Value Solutions to either GTCR LLC or Genstar Capital, four sources said.
1 min read · 15 July 2015
Download our Buyouts “Guide to Secondary Buyers & Placement Agents 2015” to see the latest secondary market trends, fundraising statistics and listings. It is based on a survey of 85 secondary buyers and 91 placement agents.
1 min read · 15 July 2015
