Market At A Glance

TPG Credit Strategies II LP and its related vehicles now have $893.1 million in capital. In addition, Chatham Capital Group Inc. obtained $180 million towards the $500 million goal of Chatham Capital Partners IV LP. Besides completed fundraising drive, other shops are launching new vehicles. Sun Capital Partners Inc. for one is back in the market. It seeks $3 billion for Sun Capital Partners VI.

Thomson Reuters (the publisher of Buyouts) tracked 38 transactions that involved U.S.-based financial sponsors from Aug. 30 to Sept. 11. Five deals disclosed financial terms and combined for $1.5 billion. Year-to-date deal flow rose to $59.8 billion.

Most of the addition came from the purchase of Interline Brands Inc., a direct marketer of broad-line maintenance, repair and operations products. GS Capital Partners LP and P2 Capital Partners bought the business through Isabelle Acquisition Sub Inc. The deal had a rank value of $1.05 billion.