Deals
Turnbridge Capital recapitalizes Pipe Pros
Turnbridge Capital and Pipe Pros announce the equity recapitalization of the latter though no financial details were disclosed.
Vista Equity to take Greenway Medical private
Vista Equity Partners had agreed to take Greenway Medical Technologies Inc. private in a deal valued USD644 million.
Chrysler files for IPO, compelled by UAW trust
On Monday, Chrysler Group LLC filed for an initial public offering after being compelled by United Auto Workers, the company's minority shareholder.
KKR returns to China's dairy industry with CDH venture
KKR & Co LP returned to China in a three way collaboration with CDH Investments and China's Modern Dairy Holdings.
Latest News
Raindance Technologies announced the closing of a USD35 million structured debt financing plans. An innovator in genomics tools, RainDance Technologies, had announced the closure of a structured debt financing plan for Capital Royalty Partners.
One of the private equity firms focused on information and communication, BV Investment Partners, have exited its investment in Butterfield Fulcrum in favor of Mitsubishi UFJ.
In an agreement signed last Monday, CapMan Buyout purchases Nice Entertainment for an undisclosed amount.
AMR and US Airways indicate new deadlines on their eventual decision on the merger as the lawsuit had affected the businesses.
Monte dei Paschi decided to cancel its coupon payments in order to meet EU bank requirements. A decision to cancel coupon payments was done by Monte dei Paschi di Siena on three hybrid loans set to fall due by the end of the month to comply with European conditions for the approval of a EUR4.
Canada-based anti-terrorist solutions provider Allen-Vanguard exited its Explosive Ordnance Disposal unit.
SolarCity Corp struck a marketing partnership deal with Crius Energy Trust. SolarCity Corp announced that it had agreed to a partnership agreement with Crius Energy Trust.
General Motors Co said it would undertaking a share buyback of some of its preferred shares held by a United Auto Workers healthcare trust.
UK softdrink maker AG Barr said that despite its failed merger deal with British softdrinks producer Britvic, it has managed to retain its strong position in the saturated softdrinks market.
Sources told PeHub that Stone Point Capital was already gearing up for its sixth buyout fund. Four sources told PeHub that Stone Point Capital was already in talks with investors about the formation of its sixth buyout fund.