EverBank cuts IPO size by 24 pct

Private equity-backed EverBank Financial Corp cut the size of its initial public offering by 24 percent, a day before the company was expected to go public.


PE firm Francisco Partners to buy Kewill for 89.5 mln stg

Kewill Plc said it had agreed to be taken private by tech-focussed private equity firm Francisco Partners Funds in a deal that values the British software company at 89.5 million pounds ($145.17 million).

Navis sells stake in garment firm Trimco to Partners Group

Navis Asia Fund IV has sold its stake in Chinese garment label firm Trimco International to Switzerland's Partners Group, making a 10-fold return.

Charming buy adds to Ascena's plus-size rack

Deal to buy Charming Shoppes valued at $857.2 mln Women's clothing retailer Ascena Retail Group Inc will buy Charming Shoppes Inc for $857. 2 million in an all-cash deal that will expand its plus-size clothing portfolio.


Latest News

Collective Brands’ Shareholders to Receive $21.75 Per Share in Cash Collective Brands, Inc. (NYSE: PSS) and a consortium comprised of Wolverine Worldwide (NYSE: WWW), Blum Capital Partners and Golden Gate Capital today announced that they have entered into a definitive agreement under which Collective Brands will be acquired for $21.
Creates Premier Workers’ Compensation Physical Medicine Network with Coverage in 50 States Align Networks, Inc. (“Align Networks” or “Align”), a leading provider of workers' compensation physical medicine programs, and Universal SmartComp (“USC”), a nationwide provider of physical medicine services, today announced that they have closed their previously announced merger.
Ilan S. Nissan and Christian C. Nugent have joined Goodwin Procter’s Private Equity Practice as partners in its New York office.
KSL Capital Partners, LLC has completed the previously announced acquisition of the historic Grove Park Inn Resort & Spa.
Castlight Health, the leading provider of health care transparency solutions, has secured $100 million in Series D funding.
Michael McGrath has joined Perella Weinberg Partners as a Partner in its Asset Management business. Perella Weinberg Partners today announced that Michael McGrath has joined the Firm as a Partner in its Asset Management business.
38 Additional Industry Collaborators to Participate in 2nd Annual Survey North Bridge Venture Partners and the 38 leading cloud organizations today announced the launch of its 2nd annual Future of Cloud Computing Survey.
ORIX Venture Finance LLC is announcing the closing of a $15 million senior secured facility for local medical company, Primcogent Solutions.
P.F. Chang's China Bistro Inc, which has been fighting to recover from ill-timed price increases, said it would go private in a $1.1 billion deal with Centerbridge Partners, sending its shares up 30 percent.
Proserv is bolstering its rapidly-expanding subsea capabilities and specialist integrated services and increasing its workforce by more than 300 people.