Amanda Janis
Defense-focused private equity firm JF Lehman is set to acquire BAE Systems’ Inertial Products business for $140 million.
New York-based Crestview Partners, a Goldman Sachs spin-out, has agreed to acquire Symbion, a US operator of short stay surgical facilities, for $637 million.
The US’ largest labour union has issued a scathing report on buyouts, and challenged the private equity industry to reduce income inequality and ‘restore promise in the American Dream’ – prompting a response from the Private Equity Council.
Defense-focused private equity firm JF Lehman is set to acquire BAE Systems’ Inertial Products business for $140 million.
New York-based Crestview Partners, a Goldman Sachs spin-out, has agreed to acquire Symbion, a US operator of short stay surgical facilities, for $637 million.
A Cerberus-backed bid for IT outsourcing firm Affiliated Computer Services has been raised nearly 5 percent – after its board’s rejected the investors’ request to enter into exclusive negotiations.
Fortress Investment will pay $2.4bn to acquire Interpool, a provider of global shipping equipment and services.
Investment bank Goldman Sachs has raised $20 billion for its sixth buyout fund, the first firm ever to reach this mark - although rival private equity groups are reportedly closing in on even larger totals.
John Harris, CFO of The Carlyle Group, will soon leave his position after having spent more than a decade with the Washington, DC-headquartered firm.
Canadian fund of funds manager Kensington Capital has raised $22.7 million in an IPO for its latest fund of funds, the first of its kind in Canada.