In addition, some firms started new vehicles.
The number and size of the LBO transactions during the past week was also tepid. There were nine transactions and the five with disclosed values totaled only $85.4 million, according to Buyouts’s publisher Thomson Reuters. The year-to-date deal flow inched up to about $106.9 billion.
The biggest deal of the period was Orchard Brands’ acquisition of Crosstown Traders Inc., a retailer of women’s apparel, from Charming Shoppes Inc. for $35 million. Orchard Brands is a unit of