Brad Meikle
A specialty finance company formed last year by Credit Suisse’s asset management business has converted to a Maryland corporation and changed its name to Credit Suisse Park View BDC Inc, according to a Feb. 5 amended registration statement filed with the SEC, Reuters reported.
Deep-discount retailer Ollie’s Bargain Outlet, known for the signature catch phrase “good stuff cheap,” is preparing for an initial public offering, according to people familiar with the matter, Reuters reported.
KKR & Co LP (KKR.N) on Tuesday reported an 89 percent drop in fourth-quarter profit, much steeper than expected, becoming the latest alternative asset manager to report lower earnings because of plunging oil prices, Reuters reported.
Global head of GE Capital Markets Stewart Koenigsberg has retired, a GE Capital spokesperson confirmed to Reuters.
Levy Acquisition Corp, the blank-check acquisition vehicle of Chicago restaurateur Larry Levy, is in advanced talks to acquire PE-backed Del Taco Inc, according to people familiar with the matter, Reuters reported. Levy is negotiating a deal that could value Del Taco at as much as $500 million, including debt, the people said this week. The acquisition […]
Bain Capital LLC is exploring a sale of Air Medical Group Holdings Inc in a deal that could value the U.S. helicopter ambulance company at around $2 billion, including debt, according to people familiar with the matter, Reuters reported. Bain is working with investment bank Barclays Plc on an auction for Air Medical, the people said […]
TPG Capital Management and Malaysia’s IHH Healthcare Bhd are vying to buy a controlling stake in India’s Global Hospitals in a deal that would value the privately owned chain at $350 million, two people with direct knowledge of the matter told Reuters.
PRIVATE EQUITY FIRMS Aequitas Capital Partners has expanded its team by hiring four new regional directors. Joining the firm are Todd Nelson as southeast regional director; James Kenney as northwest regional director; Whit Whitehouse as southwest regional director; and Bill Hennessey as northeast regional director. American Energy – Midstream LLC has named David C. Shiels […]
AdvancePierre Foods is interviewing investment banks to prepare for a sale that could value the private equity-owned protein and sandwich supplier at more than $2 billion, including debt, according to people familiar with the matter, Reuters reported.
Apollo Global Management LLC said on Thursday its 2014 fourth-quarter profit fell by 79 percent, more than most analysts expected, as a big drop in crude oil prices weighed on the value of its private equity and credit assets, Reuters reported.