Bernard Vaughan

Snapshot Firm: GCP Capital Partners Fund: GCP Capital Partners III LP Raised: $300 million Placement Agent: Greenhill & Co. GCP Capital Partners, the former private investment arm of investment bank Greenhill & Co., quietly closed its third fund in January with $300 million in commitments, a source close to the fundraising effort told Buyouts. The […]

Snapshot Target: Agilex Flavors & Fragrances Sponsor: Nautic Partners LLC Nautic Partners LLC is shopping Agilex Flavors & Fragrances, a maker of fragrances used in cosmetic, household and specialty products, Buyouts has learned from a source who has reviewed a book marketing the sale. It shouldn’t be a shocker that Nautic is looking to unload […]

President Barack Obama’s proposal to reform the tax code, which calls for cutting the top corporate tax rate to 28 percent from 35 percent, includes at least three provisions that could affect the way buyout firms do business. Of perhaps most concern to buyout firms is the proposal’s call for reducing the deductibility of interest […]

Milestone Partners has raised about $150 million for its fourth fund, a source close to the firm’s plans told Buyouts. Executives at the Radnor, Pa.-based shop are targeting $350 million for the fund, Milestone Partners IV LP. The firm has also hired Capstone Partners, a Dallas-based placement agent with offices in Europe and Asia, to […]

A bipartisan group of 27 members of the House of Representatives sent a letter to the Securities and Exchange Commission on Jan. 30, asking it to delay the March 30 deadline by which most firms have to register with the regulatory body. The letter, whose lead signatories are Robert Hurt, Republican of Virginia, and Jim […]

Fund: Arsenal Capital Partners III LP Target: $750 million Amount Raised: None Placement Agent: None Legal Counsel: Kirkland & Ellis LLP Arsenal Capital Partners has decided on its fundraising target for its third fund. The New York-based firm will try to raise $750 million, and will likely kick off fundraising sometime in the spring of […]

Target: Fluoro-Seal Holdings LLC Price: $30 million to $60 million (equity) Sponsor: Arsenal Capital Partners Sellers: Founders Bill Brown, Monty Ballard Financial Adviser: Sponsor: Madison Capital Funding, LBC Credit Partners; Legal Adviser: Sponsor: Kirkland & Ellis LLP Arsenal Capital Partners has bought Fluoro-Seal, a company that coats plastic bottles, containers and fuel tanks with a […]

Target: Davis-Standard Price: $189 million Sponsor: ONCAP (Onex Corp.) Seller: Hamilton Robinson Capital Partners Financial Adviser: Seller: The Blackstone Group Hamilton Robinson Capital Partners LLC generated a healthy return in its sale of Davis-Standard, a company that makes machines that make plastic packaging, to ONCAP, a company owned by the publicly traded Canadian investment firm […]

Firm: Linsalata Capital Partners Fund: Linsalata Capital Partners VI LP Target: $425 million Linsalata Capital Partners has held an additional close on its sixth buyout fund, bringing its total commitments to $413 million, a senior executive familiar with the fundraising effort told Buyouts. The Mayfield Heights, Ohio-based buyout shop is thus fast approaching its target […]

Firm: Sterling Investment Partners Fund: Sterling Investment Partners III LP Target: $500 million to $600 million Placement Agent: Park Hill Group LLC Sterling Investment Partners is in preliminary discussions with limited partners about raising its third fund, two sources told Buyouts. The firm will start raising the fund in the first half of the year […]