The fund-raising activities of domestic buyout and mezzanine funds rose slightly during the past week with the effort of two shops. The year-to-date total settled at about $54.69 billion.
On the deals front, Thomson Reuters (publisher of PE Week) tracked nine LBO deals from Oct. 27 through Nov. 3. Only two disclosed financial terms and a majority was from the acquisition of GenTek Inc. by
The other deal during the most recent period with known valuation concerns a management-led investor group’s purchase of Spartech Corp.’s wheel business, Spartech Industries Inc., for $34.5 million. The investor was backed by Stamford, Conn.-based
These two transactions combined for $573.3 million and pushed year-to-date deal volume to $23.21 billion.