The Telegraph (Free subscription) | 3 hours ago
Private equity firms are swapping company ownership for investments in distressed debt as they swoop in on the troubled assets of their rivals.
CFO (Free subscription) | 6 hours ago
The hollow bullishness of buy-out firms' bosses.
The Minneapolis/St. Paul Business Journal (Free subscription) | 01/12/2008
San Francisco private equity firm Genstar Capital said Monday that it signed a definitive agreement to acquire Long Term Care Group from Advent International and CCP Equity Partners, which provides services to the long-term-care insurance industry.
The San Francisco Business Times (Free subscription) | 01/12/2008
San Francisco private equity firm Genstar Capital said Monday that it signed a definitive agreement to acquire Long Term Care Group from Advent International and CCP Equity Partners, which provides services to the long-term-care insurance industry.
The Telegraph (Free subscription) | 01/12/2008
Private equity companies have begun underwriting their own debt in a desperate attempt to get deals done.
DealBook (Free subscription) | 01/12/2008
Ancora Capital Management (Asia), an Indonesian private equity firm, has taken a stake of as much as 5 percent in the coal mining company Bumi Resources, worth about $75 million, Reuters reported, citing an unnamed source. Bumi, the biggest Indonesian coal miner, was the prize asset in the diversified Bakrie group, which has been struggling to [...]
Business Week (Free subscription) | 29/11/2008
Private equity firms buy companies with the goal of improving them and then selling them for a profit. To pay for their deals, they often take on debt, hence the term leveraged buyout. In recent years the buyout shops went wild, taking advantage of unusually low interest rates and easy borrowing terms. At their peak in 2006 they acquired 667 companies worth $372 billion. But debt levels soared: From...
PRWeb - Daily News Feed (Free subscription) | 28/11/2008
Wi-Beam Communications, a Macon, GA based provider of high speed Internet and digital telephone services has engaged Hamburg Equity, a San Diego, California based private equity firm, as their capital advisors and private equity firm. (PRWeb Nov 28, 2008) Read the full story at http://www.prweb.com/releases/2008/11/prweb1673864.htm
Law Blog - WSJ.com (Free subscription) | 27/11/2008
It goes without saying that the accepted models for much of the financial services industry have changed forever. The major broker-dealers have been decimated, with only Morgan Stanley and Goldman Sachs remaining independent and solvent. There are daily fears of hedge funds facing the equivalent of a bank run, as investors scramble to withdraw their cash. Those private-equity firms,...
InformedTrades (Free subscription) | 26/11/2008
MADRID (Reuters) - U.S. private equity group KKR is planning a bid for Abengoa's Nasdaq-listed technology unit Telvent GIT , Expansion reported on...
Reuters (Free subscription) | 26/11/2008
MADRID (Reuters) - U.S. private equity group KKR is planning a bid for Abengoa's Nasdaq-listed technology unit Telvent GIT , Expansion reported on Wednesday citing sources familiar with the deal.
The San Francisco Business Times (Free subscription) | 25/11/2008
A group of private equity firms have come together to create MidCap Financial, a commercial finance company focused on lending to middle market health care businesses. (WFC) (MER) (MS) (GS)
The Irish Times (Free subscription) | 26/11/2008
THE IRISH-LED Mallabraca consortium comprising Irish investors, US private equity firms and Middle Eastern sovereign wealth funds has had contacts with AIB about injecting capital in return for a stake, though the consortium is more actively pursuing a large stake in Bank of Ireland (BoI).
The Irish Times (Free subscription) | 26/11/2008
MINISTER FOR Finance Brian Lenihan has said a private move on the banks need not necessarily be a threat.
Business Wire (Free subscription) | 25/11/2008
WALTHAM, Mass. & MENLO PARK, Calif.--(BUSINESS WIRE)--Battery Ventures, a venture capital and private equity firm investing in technology and innovation worldwide, today announced that it led a $100M equity investment
