Sensing opportunity just below the border, Sabex Inc., a Canadian pharmaceutical maker, was acquired last week by RoundTable Healthcare Partners L.P. in a transaction worth approximately $100 million. The deal was financed a with mix of equity and debt, though the parties are keeping mum on the specifics. Through the acquisition, Sabex becomes majority-owned by […]
Ever wonder why your deal or fund isn’t mentioned in Buyouts? Probably because we don’t know about it! As we approach the end of the first quarter, please send information about the deals and funds your firm has closed over the last three months to Leslie Green at leslie.green@tfn.com.
Walden Israel has secured $90 million to invest in high-tech Israeli early stage companies. Braving tough fund raising conditions the fund fell short of its original $120 million target, despite attracting increased commitments from existing investors and new limited partners. Roni Hefetz, founder and general partner of Walden Israel, said: “We are very pleased with […]
Swiss alternative investment manager RMF Investment Group has acquired a minority shareholding in Absolute Capital Group, an Australian alternative investment advisory firm. While Absolute Capital’s current focus is hedge funds, there is a clear intention to expand into the field of private equity, extending RMF’s reach into the Asia Pacific region. As part of the […]
East Universal Display Corp. of Ewing, N.J., is raising $10 million through a private placement of Series B convertible preferred stock. There is a minimum investment of $10 million required. At the time of its SEC filing, the issuer had already raised approximately $5 million from one accredited investor. Gerard Klauser Mattison & Co. Inc. […]
Technology- focused Institutional Venture Partners last week announced the close of its tenth investment vehicle, IVP X LP. Originally launched in June 2000 with a $150 million target, the fund was oversubsribed and reached a total cap of $225 million. IVP X will invest in 30 to 35 companies, investing between $5 million and $10 […]
Just when the fund-raising window seemed stuck, yet another group has managed to squeeze through the crack. This time Schroders & Associates Canada Inc. held a $204 million final close on its third buyout fund, Schroders Canadian Buyout Fund III. Schroders & Associates began its fund-raising efforts early last year with an initial target between […]
Just when the fund raising window seemed stuck, yet another group has managed to squeeze through the crack. This time Schroders & Associates Canada Inc. held a final close of $204 million on its third buyout fund, Schroders Canadian Buyout Fund III. Schroders & Associates began its fundraising efforts early last year with an initial […]
Thomson Financial’s Venture Economics unit has published investment activity levels for the European private equity market for the first time. The Venture Economics unit was formed as part of Thomson Financial’s reorganisation along market-focused lines in May 2000 and comprises the ECVJ magazine, EVCJ.com and a European research team. This new report is based on […]
Dorset Partners held a first close early this month on $300 million for its private equity fund that will target Canadian companies looking for long-term growth equity. The Ontario Municipal Employees’ Retirement System (OMERS) proved to play an important role in Dorset’s fund-raising process. The pension, one of Canada’s largest with approximately $36 billion in […]