Amanda Janis
Amanda is the Director of Product Management for PEI, whose editorial titles include Private Equity International, Secondaries Investor, Buyouts, PE Hub, VCJ, Real Estate Capital, Private Equity Real Estate, Agri Investor, Infrastructure Investor, Private Debt Investor, Regulatory Compliance Watch and Private Funds CFO. She was previously the company's Group Managing Editor.
Following bidding wars, sharp words and a lawsuit, the board of Houston-based EGL has found Apollo’s most recent, $1.8 billion offer to be superior to a previously agreed buyout led by EGL’s CEO James Crane and backed by Centerbridge. The CEO-led group now has through Friday to revise its bid.
Middle market firm Littlejohn & Co. has agreed to take private Van Houtte, a gourmet coffee roasting company, for C$600 million. It’s the second Canadian company the US firm has agreed to buy in the last week.
Clear Channel’s board is now in talks with Bain Capital and TH Lee regarding the sweetened offer it rejected last week. This latest twist comes one day before shareholders were meant to vote on the buyout.
Berkshire Hathaway CEO Warren Buffett has expressed interest in doing $40 billion to $60 billion deals, a move that could cause his publicly traded insurance and investment firm to go head-to-head with buyout shops.
Monte Brem, the former president of gatekeeper Pacific Corporate Group, has founded a competing firm in California with two other ex-PCG executives.
Anne Gordon has resigned as managing editor of The Philadelphia Inquirer to join New York private equity firm Dubilier & Co.
Clear Channel’s board has rejected a 0.5 percent higher bid for the media giant from TH Lee and Bain Capital, saying it would delay next week’s shareholder vote on the buyout. Two weeks ago, the private equity firms upped their bid by 4 percent and had said that was their ‘best and final offer’.
US middle market buyout shop Olympus has closed its fifth fund on $1.5 billion.
Battery Ventures has hired away two tech industry professionals, VeriSign’s Matt Niehaus and Google’s Satya Patel.
KKR’s Euronext-traded affiliate has invested $167.4 million in convertible preferred stock of Japanese credit card firm Orient. It is the publicly traded vehicle’s second PIPE.