Private Equity
2 min read · 25 March 2013
Fortified with a new, larger fund, mezzanine investor Ironwood Capital Ltd is taking on new turf as well.
2 min read · 19 March 2013
Atkins Nutritionals, a once-desperate turnaround story, has recovered enough of its financial health to support a $425 million recapitalization. Sister service Thomson Reuters Loan Pricing Corp. reported that the $425 million bank loan would be used to refinance existing debt and pay a dividend to shareholders.
2 min read · 18 March 2013
SunTx Capital Partners is thinking about launching a third buyout fund later this year, but no target has yet been set, a person knowledgeable about the firm told Buyouts. The firm also has several portfolio companies in the market.
2 min read · 14 March 2013
Seacoast Capital Managers LLC announced that it landed $150 million of investor commitments for its third fund, a mezzanine vehicle that will target lower mid-market companies.
2 min read · 11 March 2013
2 min read · 11 March 2013
As debate drags on over the Volcker Rule, banks are settling in for the long haul. Those that have decided to exit the buyouts game have largely done so, while those remaining appear to be relying on their own balance sheets, rather than bringing in outside investors, under other provisions of U.S. law that permit merchant banking.
3 min read · 11 March 2013
2 min read · 11 March 2013
Some bondholders of H.J. Heinz Co. are likely to lose ground after the Pittsburgh ketchup maker sells itself to Warren Buffett’s Berkshire Hathaway and buyout shop 3G Capital, Moody’s Investors Service Inc. reports.
2 min read · 08 March 2013
The performance of the computer back-up services business at SunGard Data Systems Inc. has deteriorated, Moody’s Investors Service Inc. said last month as the buyout-backed technology vendor seeks to refinance $2 billion of its debt.
2 min read · 05 March 2013
