The Cleveland, Ohio-based firm’s microcap fund, which is targeting companies with EBITDA of less than $3m, has made four acquisitions in less than a month.
2 min read · 12 January 2013
Blackstone and KKR are understood to be pursuing an interest in two retail units owned by GUS, despite a recent announcement by the UK retail group to demerge the businesses.
1 min read · 12 January 2013
Neil Darke, a director at UK broker Collins Stewart, gave measured support to the Bank of England’s Financial Stability Report, which warned of the danger of increased coporate debt as companies review the amount of leverage in their balance sheets.
1 min read · 12 January 2013
VNU, owned by a private equity consortium including KKR, Blackstone and Carlyle, plans to raise $1.67 billion of new debt to finance the acquisition.
2 min read · 12 January 2013
UK lower mid-market firms Sovereign Capital and Palamon Capital Partners have had a busy week, with Sovereign completing two deals, while Palamon closed its €670m second fund and invested in a German corporate gift certificate company.
2 min read · 12 January 2013
The Paris-listed private equity manager has targeted external investors for the first time to give the group additional deal-doing capacity and to create a new revenue stream.
2 min read · 12 January 2013
After being recapped by JPMorgan Partners and Ares Management in 2004, House of Blues Entertainment has been sold for $350 million.
1 min read · 12 January 2013
In June, five seasoned media and communications investors gathered in Midtown Manhattan for an on-the-record discussion about opportunities in this rapidly changing market. David Snow reports on a lively exchange of views between these partners and rivals.
10 min read · 12 January 2013
Two years after closing EQT IV, EQT Partners is back in the market raising a new buyout fund.
9 min read · 12 January 2013
Leveraged loan investor Babson Capital has rolled out its first dedicated mezzanine fund as pricing begins to settle against background of interest rate uncertainty.
2 min read · 12 January 2013
