Amanda Janis
Private equity firms Lake Capital and Stephens Group have purchased a majority stake in specialised marketing firm Vestcom from Cornerstone Equity Solutions and Vestcom’s management.
US mobile phone service provider MetroPCS has raised $1.15 billion in its initial public offering – the largest amount raised so far by a US IPO this year and an exit for which some of its investors waited more than a decade.
Private equity firms Lake Capital and Stephens Group have purchased a majority stake in specialised marketing firm Vestcom from Cornerstone Equity Solutions and Vestcom’s management.
Thomas H. Lee and Bain Capital have increased their offer for Clear Channel by nearly 4 percent, valuing the buyout at more than $27 billion. The private equity firms have said it is their final offer.
Ted Schlein, Kleiner Perkins Caufield & Byers partner, has been elected chairman of the board of directors for the National Venture Capital Association.
GE and parent company NBC Universal have unveiled a $250 million media and technology fund, which has made its first investment in early stage online advertising firm Adify.
Thomas H. Lee and Bain Capital have increased their offer for Clear Channel by nearly 4 percent, valuing the buyout at more than $27 billion. The private equity firms have said it is their final offer.
Ted Schlein, Kleiner Perkins Caufield & Byers partner, has been elected chairman of the board of directors for the National Venture Capital Association.
GE and parent company NBC Universal have unveiled a $250 million media and technology fund, which has made its first investment in early stage online advertising firm Adify.
Canada’s largest communications company, BCE, has announced it is in buyout discussions about a potential $28 billion privatisation.