PE-Backed Avolon Raises $465M in Debt Financing
Aircraft leasing company Avolon, which is backed by private equity firms Cinven, CVC and Oak Hill Capital Partners, has raised $465 million from Wells Fargo Securities, Citigroup and Morgan Stanley,...
View ArticleFornell Joins Well Fargo Securities
Eric Fornell has joined Wells Fargo Securities, part of Wells Fargo & Co., as Vice Chairman in the energy and power sector of its Investment Banking and Capital Markets division. He is based in...
View ArticleAres Capital Expands Revolving Funding Facility
Ares Capital Corporation wholly-owned subsidiary, Ares Capital CP Funding has increased the size of its revolving funding facility, led by Wells Fargo Securities, from $500 million to $580 million...
View ArticleGolub Capital Announces Public Offering
Golub Capital BDC, a business development company, plans to make a public offering of 5,500,000 shares of its common stock. Wells Fargo Securities, Morgan Stanley and UBS Investment Bank are acting as...
View ArticlePE-backed Papa Murphy’s Holdings files for IPO
Papa Murphy’s Holdings has filed for an IPO. The number of shares that will be offered as well as the pricing terms have yet to be set. The stock will list on the NASDAQ under the ticker symbol “FRSH.”...
View ArticleSirius agrees to buy Stratus for about $352 million
Sirius Capital Group has agreed to acquire Stratus Technologies for approximately $352 million. Jefferies advised Stratus on the transaction while Wells Fargo Securities and Macquarie Capital are...
View ArticleParallax and StepStone agrees to buy Rovi’s DivX and MainConcept businesses
Rovi Corp. has agreed to sell its DivX and MainConcept businesses to Parallax Capital Partners and StepStone Group for up to $75 million. The transaction is expected to be completed by April 1, 2014....
View ArticleUS Ecology agrees to buy PE-owned EQ for $465 mln
US Ecology has agreed to acquire EQ, a portfolio company of private equity firm Kinderhook Industries, for $465 million. The transaction is expected to be completed in either the second or third...
View ArticleSiris Capital acquires Stratus Technologies for $352mln
Stratus Technologies, a provider of availability solutions, has been acquired by Siris Capital Group for around $352 million. Jefferies LLC served as exclusive financial advisor to Stratus and Gibson...
View ArticleViper Energy Partners launches IPO
Viper Energy Partners, a Midland, Texas-based subsidiary of oil and gas company Diamondback, has debuted its IPO after pricing its 5 million shares at $26 per share. The stock began trading Wednesday...
View ArticleVTTI rolls out IPO
VTTI has launched its IPO of 17.5 million shares at $21 per share. The stock began trading Friday on the NYSE under the ticker symbol “VTTI.” Citigroup, J.P. Morgan, BofA Merrill Lynch, Credit Suisse,...
View ArticleClairvest Partners exits KUBRA
Hearst Corp. said Wednesday it has bought an 80 percent stake in KUBRA Data Transfer. Sellers include Clairvest Partners. Financial terms weren’t announced. Kubra, of Mississauga, Ontario, is a payment...
View ArticleClairvest makes 13.5x its money on Kubra sale
Clairvest Partners, which recently closed its fifth fund, has exited payment processor Kubra Data Transfer after eight years. Hearst Corp, a media and information company that owns newspapers including...
View ArticleKayne Anderson-backed Canyon nets $50 mln
Houston-based midstream company Canyon Midstream Partners, which is backed by Kayne Anderson, has received a $50 million credit facility, (which can be expanded to $100 million). The capital will be...
View ArticlePE-backed Boot Barn goes public
Boot Barn, a western lifestyle retailer, has raised $80 million for its IPO after pricing its 5 million shares at $16 per share. The stock began trading Thursday on the NYSE under the ticker symbol...
View ArticleTriumph Bancorp goes public
Dallas-based Triumph, a financial holding company, has raised $80.4 million for its IPO after pricing its 6.7 million shares at $12 per share. The began trading Friday on the NASDAQ under the ticker...
View ArticleJanney Montgomery Scott promotes two
Philadelphia-based financial services firm Janney Montgomery Scott has promoted Cliff K. Booth and Joseph D. Culley, Jr. to investment banking co-heads. Prior to joining Janney, Booth headed the...
View ArticleFalfurrias to sell Dorsey Wright to NASDAQ for $225 mln
Falfurrias Capital Partners has agreed to sell Richmond, Va.-based registered investment advisor Dorsey, Wright & Associates to NASDAQ for $225 million. The deal is expected to close in the first...
View ArticleVC-backed SteadyMed sets IPO pricing terms
SteadyMed Ltd, a specialty pharmaceutical company based in San Ramon, California and Israel, has priced its IPO of 4.25 million shares at between $12 and $14 per share. SteadyMed plans on listing the...
View ArticleMSPE exits Creative Circle for $570 mln
Morgan Stanley Global Private Equity (MSPE) has sold its majority stake in Creative Circle, a professional staffing firm focused on advertising, creative and marketing talent, to On Assignment Inc for...
View ArticleNXT Capital closes $408 mln CLO
NXT Capital said Thursday it closed a $408 million CLO. Wells Fargo Securities LLC served as the Lead Manager, Structuring Agent and Bookrunner, while BMO Capital Markets GKST Inc. was Co-Lead Manager....
View ArticleHCRP promotes one to MD and hires another as VP
HealthCare Royalty Partners has promoted Paul Hadden to managing director and named Dr. Shin Kang as vice president. Hadden joined HCRP in 2007 as a senior associate. And, previously, Kang was vice...
View ArticleBalboa Capital closes $230 mln securitization
Balboa Capital said Tuesday that it completed a $230 million securitization of equipment lease and loan backed notes. Wells Fargo Securities was the placement agent for the notes. Irvine,...
View ArticleWarburg Pincus to sell Coyote Logistics to UPS for $1.8 bln
Warburg Pincus is exiting Coyote Logistics after an eight-year hold. On Friday, UPS said it has agreed to acquire Coyote Logistics for $1.8 billion. The deal is expected to be completed within 30 days....
View ArticleHepalink USA to acquire PE-backed Cytovance for $205.68 mln
Hepalink USA Inc has agreed to buy Cytovance Biologics, a biopharmaceutical contract development manufacturing company for $205.68 million in cash. The deal is expected to be completed in October....
View ArticlePE-backed Performance Food Group prices IPO
Virginia-based food products distributor Performance Food Group Company has priced its IPO of 14.5 million shares at between $22 and $25 per share. The stock will list on the New York Stock Exchange...
View ArticlePE-backed Performance Food Group Company rolls out IPO
Virginia-based food products distributor Performance Food Group Company has raised about $276 million for its IPO after pricing its 14.5 million shares at $19 per share. The stock began trading on the...
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