David Snow

The Goldman-led, $22bn take-private of energy logistics company Kinder Morgan, officially agreed today, involves a roughly $8bn equity cheque from the private equity consortium and management.

The European private equity giant has won the auction for the Birds Eye and igloo frozen food brands.

The automobile maker is considering a going-private transaction, according to a report in USA Today, citing a ‘source with direct knowledge of the discussions’.

The renamed private equity firm of industry pioneer Thomas H. Lee today announced a slew of hirings from Capital Z, Carlyle, JC Penney, Bain & Co., Bain Capital, and Mercer Consulting as Lee Equity Partners gears up to be a major growth-equity player.

Tata Group, one of India’s biggest industrial conglomerates. is buying Glaceau from San Francisco-based TSG Consumer Partners for $677m, generating a multiple of a roughly 14 times over just three years.

Two managing directors have left New York middle-market buyout firm and Florida public pension affiliate Liberty Partners and teamed with other professionals to launch a new middle-market platform, Hudson Ferry Capital.

North Castle Partners, the Connecticut ‘healthy living and aging’ specialty investment firm, has entered the market with a $300m target for a new fund.

AlpInvest is part of a consortium led by KKR and Silver Lake to acquire a majority stake in the semiconductor business of Royal Philips Electronics for roughly €8.3bn.

An exclusive interview with Stephen Schwarzman earlier this week: Schwarzman was in France on vacation, but set aside time for PEO. After commenting on the disappointment around him related to France’s loss in the World Cup, he moved on to the topic of Blackstone’s most recent victory – the raising of its $15.6 billion Fund V.

The New York office of European private equity giant Permira recently added four junior investment professionals to handle ‘plenty’ of deal opportunities flowing from the US.