News and Analysis

U.S. sponsors rang up the most robust first-quarter deal count since 2007
Buyouts sat down on March 20 for a Q&A with Ken Mehlman, who was elected chairman of the Private Equity Growth Capital Council late last year. We met at the offices of PEGCC founding member Kohlberg Kravis Roberts & Co, the diversified buyout shop where Mehlman is a member and global head of public affairs.
Sponsors and their limited partners aren’t sure what to make of the U.S. Securities and Exchange Commission’s plans, if any, on regulating co-investments.
Riverside Co has reached $140 million in commitments for its third Small Business Investment Company (SBIC) fund, as the lower-middle-market buyout firm moves closer to a $225 million target for the pool, according to a filing with regulators and a source familiar with the firm. 
The Blackstone Group may be facing a case of infrastructure envy as its rivals raise billions for the increasingly popular asset class. 
Hellman & Friedman is seeking a comparable fund size to its flagship vehicle of nearly $9 billion raised in the midst of the financial crisis, in the buyout firm’s first major capital-raising effort since the death of its co-founder Warren Hellman in 2011.
1. As FFL’s specialist in talent management and recruiting, what does the hiring pipeline look like in 2014 for FFL’s 14 portfolio companies? Is it a year of cost cutting or expansion or just trying to muddle through a tough economy? FFL doesn’t really have a pipeline, but things look about the same as last year—not […]
HGGC wrapped up a platform deal for software-as-a-service provider AutoAlert, as well as an add-on acquisition for its Innovative Interfaces library services portfolio company, in a busy deal-making day for the Palo Alto, California-based buyout shop.
With a total deal price of $930 million and a trailing 12-month EBITDA of $60 million, Thoma Bravo is betting that its aggressive 15.5x purchase price multiple for the pending acquisition of Genstar Capital’s TravelClick business will lead to more growth ahead.
Credit Suisse said it completed the spinoff of its DLJ Merchant Banking Partners mid-market leveraged buyout business to form aPriori Capital Partners LP, with plans to raise capital beyond the $2 billion currently under management.
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