Kovai Pazhamudir Nilayam revealed it is in advanced discussions with private equity firms to raise INR100 crore.
Investors
H.I.G. Capital buys Spanish assets
Spanish officials sold a controlling stake in Project Bull to H.I.G. Capital for around EUR100 million.
Cohen & Steers Inc. to close its private equity real estate unit
Reports suggested that Cohen & Steers Inc. is shutting down its private equity real estate operations.
A joint venture acquires 17-story building in St. Petersburg, Florida
A joint venture between Tower Realty Partners, Second City Capital Partners, and the affiliates of Feldman Equities bought a 187,000 square foot St. Petersburg building for US$20 million.
YuMe Inc. sets IPO price
YuMe Inc. revealed that it set its IPO price per share at US$9, below the company's US$12-US$14 expected price per share.
Latest News
Rock Hill Capital revealed it had sold its stake in Blackhawk Specialty Tools to Blackhawk's management and Bain Capital.
NGL Energy Partners revealed they had elected John T. Raymond to represent EMG II NGL GP Holdings in NGL Energy Holdings' board of directors.
Chesapeake stated they had sold off its entire 1.1% stake in Clean Energy Fuels Corp. to Leonard Green & Partners and T. Boone Pickens
Pluralsight stated it had bought TrainSignal, an IT training service provider, for US$23.6 million. TrainSignal revealed the company had been bought for approximately US$23.
Scott Savitz stated Data Point Capital had invested US$5.5 million into e-commerce marketing solutions provider, Vee24.
Adler Kawa Real Estate Advisors stated they had acquired the Carmel Executive Park, a 225,000 square foot real estate property, for an undisclosed amount.
Blackstone Group stated it would be selling the La Quinta hotel chain through either a public shares offering or a private sale of the company.
Versa Capital Management stated it had acquired Hatteras/CABO from the Brunswick Corporation for an undisclosed amount.
Sources said Siemens is selling water technologies unit to private equity firms. Sources close to Siemens AG revealed private equity firms have zeroed in on the company's water technologies business unit.
