Steve Gelsi
Altas Partners teamed up with Caisse de dépôt et placement du Québec to buy an equity stake in Capital Vision Services LP in a deal that values the provider of back-office services to independent optometrists at $800 million, according to a source. The deal is Altas’ third since its launch in 2012.
American Capital disclosed $450 million for a new fund to invest in collateralized loan obligations, part of a surge in capital for the asset class, according to a filing and industry data.
ZMC, the media-focused buyout shop, has made a 6x return on invested capital in less than three years with its $700 million sale of payroll company Cast & Crew Entertainment to Silver Lake, according to two sources.
Business products and services (B2B) ranks No. 1 among seven deal types Private Equity Growth Capital Council to release report Four out of seven industry categories show growth Business-to-business deals received the most investment dollars from sponsors in the second quarter, according to an upcoming study. Overall investment increased for business products and services (B2B), […]
Israel Chemicals Ltd (ICL) has placed its Clearon Corp unit on the sales block in a deal that could fetch up to $40 million for the non-core pool chemicals business from a private equity firm or other buyer, according to a source.
Wasserstein Partners, a middle-market private equity firm formed in 2001, is targeting $750 million for its fourth buyout fund after two recent exits generated returns north of 3x each, according to a source.
Avante Mezzanine Partners has closed its second SBIC fund at $250 million, ahead of its target, after less than six months on the fundraising trail.
The commercial real estate business weighs in at roughly $1 trillion in the United States alone, but it often lacks online tools to help businesses and people connect if they’re not already established in a market.
It’s been an active summer for the pricey LBOs from 2005-2008 that continue to lumber around the dealscape.
Buyouts recently caught up with Mike Elio, partner and co-head of the mid-market buyout and distressed/turnaround teams at advisory shop StepStone. Elio joined StepStone early last year after serving as a managing director at the Institutional Limited Partners Association, where he led programs involving research, standards and setting strategic priorities.