At Sourcing Interest Group’s Spring Summit, Welsh, Carson, Anderson & Stowe’s (WCAS) Jeff Gallant gave a fact-packed, fast-paced hour-long introduction to the world of private equity and procurement in a talk titled Procurement as critical resource: creating value through private equity portfolio management. Show More Summary
The question about just who will buy Hulu just got a bit more complex as two large private-equity firms may have made individual bids for the video site. Bloomberg reports... Keep reading ?
LONDON -- Private equity group 3i this morning announced that it has made an offer for Barclays ' European infrastructure fund management business. The European business has an investment team based in both London and Paris, while...Show More Summary
The Canadian carrier MTS has found a buyer for its Allstream network, and it’s not a strategic buyer that won the auction, nor is it any of the familiar private equity guys we’ve seen buying fiber around North America lately. No, it is the Egyptian tycoon Naguib Sawiris’s Accelero Capital will acquire the business for a price [...]
LOS ANGELES (Reuters) - Former News Corp president Peter Chernin and private equity fund Guggenheim Digital Media have placed bids for Hulu, two people with knowledge of the matter told Reuters, triggering a tug-of-war for the online video service.
Before markets opened this morning, specialty retailer rue21 Inc. (NASDAQ: RUE) and private equity firm Apax Partners announced that they had reached a definitive agreement under which funds controlled by Apax will acquire all outstanding shares of rue21 for $42 a share in cash. Show More Summary
By Pierr Johnson: Private Equity investors are set to capture yet another publicly traded software company. Websense (WBSN) has announced that it has achieved a definitive agreement to be acquired by Vista Equity Partners for $24.75 per share in cash. Show More Summary
(Reuters) - Teen-apparel retailer rue21 Inc said it agreed to be acquired by private equity firm Apax Partners in a deal valued at about $1.1 billion.
Gomez in his swiftboating days.
Republican Gabriel Gomez has a good enough gig as a private equity investor to be taking $280,000 tax scam deductibles, but maybe has had less success in making deals at his company, Advent International,...Show More Summary
Pike Electric has seen a shift in minority ownership following the completion of a secondary public offering of the company's common stock. Eight million shares formerly held by private equity firm Lindsay Goldberg were sold in the issue, at a price of $11.50 apiece. Show More Summary
Websense has been the subject of acquisition rumors for years and it's finally found a way to cash out: a private equity deal lead by Vista Equity Partners. The company said Monday Vista Equity Partners was acquiring the company for $24.75 per share in cash, a 29% premium over Websense's May 17 closing price of $19.23. Show More Summary
NEW YORK (Reuters) - Specialty chemicals producer Rockwood Holdings Inc's pigments businesses have attracted offers from buyout firms including Blackstone Group LP and Advent International Corp, several people familiar with the matter said.
But there are other bargains out there.
Last week, jeans maker True Religion agreed to sell itself to private equity firm TowerBrook Capital Partners for $835 million. The deal price, which works out to $32 a share, appears to substantially undervalue the company relative to its peers. Show More Summary
Websense has agreed to be acquired by private equity investment firm Vista Equity Partners in a deal that values the company at $902.88 million, Websense announced today. The deal offers Websense shareholders $24.75 per share, a 28.7% premium above Websense's May 17 closing price of $19.23. Show More Summary
Cyber-security firm will be acquired by a private equity firm in an all-cash deal.
Private equity firm Vista Equity Partners has agreed to acquire Websense Inc. (NASDAQ: WBSN) for $24.75 a share in cash, or a total of about $907 million. The Internet security firm will become a privately held company once the transaction...Show More Summary
DUBAI (Reuters) - Sovereign wealth funds in the Gulf Arab region are raising their allocations to private equity investments at a faster rate than other types of investment, U.S. fund manager Invesco says in a new study.
According to a recent report by Bain & Company, Indian Private Equity Deal activity fell from USD 14.8 billion in 2011 to USD 10.2 billion in 2012, even though number of deals increased marginally from 531 in 2011 to 551 in 2012. On a global level, “India Private Equity Report 2013” finds that in 2012,... Show More Summary