Hellman & Friedman May Stall AutoTrader IPO With Buyout Bid
Auto Trader was expected to be one of Britain’s hot IPOs, but now its plans could be stalled with a takeover bid from San Francisco-based private equity firm Hellman & Friedman for 2 billion pounds More...
Hellman & Friedman Shutters $10.9 Billion Private Equity Fund
Hellman & Friedman, a private equity investment firm is closing its Hellman & Friedman Capital Partners VIII, which is a $10.9 billion fund which has raised $35 billion since it was founded in 1987. Philip More...
Tully Friedman Plans to Stay with FFL for a While
72 year old founder of San Francisco-based buyout firm FFL says he plans to stay at the firm for another 5-6 years. “We have a formal succession that is supported by the partners and LPs.” The firm More...
KKR Buying Internet Brands Deal May Be Worth $1.1 Billion
– – The giant private equity firm KKR, which is still led today by two of its original founders Henry Kravis, and George Roberts, has announced it has signed a definitive agreement More...
Berkshire Partners Buys Majority Control Of Catalina Marketing Corp Possibly With $2 Billion Enterprise Valuation
– Boston based private equity firm Berkshire Partners is acquiring majority control of the Catalina Marketing Corporation, a provider of digital media solutions for the consumer packaged goods (CPG) More...
Aron Ain’s Kronos Corp Sells $750 Million In Stock To Blackstone Group and Singapore’s Government Investment Corp
– (L-R) Mark and Aron Ain / Kronos – Last week human resources software and services company Kronos Incorporated announced a recapitalization under which private equity companies have agreed to More...
KKR Agrees To Pay $2.4 Billion For Majority Of Sedgwick Claims Management
– Sedgwick Claims Management Services, which is based in Memphis Tennessee, announced this morning that giant alternative asset management firm KKR, together with management, has agreed to buy More...
Tom Steyer makes a stand against the proposed Keystone XL oil sands pipeline
– Steyer is financing a four-part, $1 million advertisement campaign coming out against the US Government’s proposal to grant a cross-border permit for the TransCanada Corporation pipeline. – Tom More...