News and Analysis

Aramark Holdings, one of the big club deals from the last decade, is slated to go public next week, sister news service peHUB reported. The IPO would give Aramark’s private equity investors a path to exit, but the food service provider will enter the public markets saddled with much debt.

Centerview Partners, the New York investment bank co-founded by big ticket deal-maker Blair Effron, is quietly moving ahead with plans to raise sector-focused private equity funds aimed at the technology and consumer businesses, according to two people familiar with the firm.

Tomkins Plc, a private equity-owned manufacturer of auto parts and building products, has hired Bank of America Merrill Lynch, Goldman Sachs Group and Morgan Stanley to lead an initial public offering that could value the company at as much as $7 billion, people familiar with the matter told sister news service Reuters.

Wencor Group, a private equity-owned manufacturer of commercial aircraft parts, is exploring a sale that could fetch around $600 million, according to people familiar with the matter, sister news service Reuters reported.

ClearPoint Investment Partners, which was founded by veterans of H.I.G. Capital and Arsenal Capital, has been moving toward a first close for its inaugural buyout fund and is targeting $125 million for lower middle-market business services and financial processing firms in North America, according to a source familiar with the firm. 

The Oregon Investment Council has OK’ed commitments of $100 million each to LS Power Equity Partners III and Rockpoint Core Plus Real Estate Fund LP for the Oregon Public Employee Retirement Fund in the $65 billion pension system’s latest moves ahead of the Feb. 1 retirement of key executive Jay Fewel.

Pension fund commits $100 Mln to LS Power Equity Partners III Oregon OK’s Rockpoint Core Plus Real Estate Fund investment or $100 Mln Jay Fewel, senior equity investment officer, retiring on Feb. 1 The Oregon Investment Council has OK’ed commitments of $100 million each to LS Power Equity Partners III and Rockpoint Core Plus Real […]

Legislation to exempt most private equity firms from the registration requirement has taken a step forward. But the end is not in sight.

Private equity firm Thomas H. Lee Partners LP is in advanced talks to acquire Phillips Pet Food & Supplies in a deal that could value the pet food distribution company at more than $500 million, according to three people familiar with the matter.