David Rapp

Blackstone, in a deal reportedly worth $400 million, will acquire major sock manufacturer Gold Toe and merge the company with Gap sockmaker Moretz.

Lime Rock Partners, a Connecticut private equity firm, today announced the closing of its fourth energy-focused fund on $750m, nearly as much as its three previous funds combined.

Onex, one of Canada’s largest companies and a publicly traded private equity firm, announced that it has closed its second large-cap private equity fund at $3.45bn.

Private equity firm Bunker Hill Capital, the owner of the Papa Gino’s pizza restaurant brand, has announced a ‘significant investment’ in the operator of the California Family Fitness club chain.

The merger advisory firm and private equity investment manager raised $83m in its initial public offering, as nearly four million shares sold at $21 per share.

Movie theatre chain Imax announced that it had turned down multiple buyout bids, including one from private equity firm Elevation Partners, rejecting the offers as too small.

First Reserve, which recently opened offices in Asia, has announced the closing of the largest energy-specific global fund ever raised, at $7.8bn. CEO Bill Macaulay told PEO that investor demand could have made the fund "much larger."

Private equity firms Berkshire Partners and Freeman Spogli have announced a major investment in TH Lee Putnam Ventures’ call-center portfolio company N.E.W. Customer Service.

Carlyle/Riverstone’s latest $2.45bn energy fund will provide $200m to Legend Natural Gas III, a company which will acquire and develop onshore natural gas and other properties in south Texas.

Private equity firm Silver Lake Partners has entered into an agreement with corporate private equity seller GS Capital Partners to acquire communications company IPC Information Systems for approximately $800m.