Ken MacFadyen

Chicago’s GTCR Golder Rauner completed its $975 million buyout of Automatic Data Processing’s Claims Services Group.

Bain Capital has completed its buyout of clothing retailer Burlington Coat Factory, paying $2.1 billion for the property.

Texas-based venture capital group Austin Ventures has launched a new rollup in the information services space, backing Bloomberg veteran Elisabeth DeMarse.

According to a new survey from EMPEA, limited partners are becoming enthusiastic over the opportunity in emerging markets. Ken MacFadyen reports.

Bain Capital has run into its $8 billion ceiling for its ninth fund, and the Boston-based group is still in the market with a $2 billion co-investment vehicle.

The Blackstone Group has completed its $1.6 billion purchase of niche insurance company UICI.

Providence-based Nautic has inked two new platform acquisitions, buying auto-parts company Curtis Industries and IT publisher 101 Communications. The deals come ahead of an anticipated fund drive.

Brockway Moran & Partners, based in Boca Raton, Florida, has raised $700m for its third fund, easily exceeding the target the firm initially set for the vehicle.

New York-based KPS Special Situations has agreed to sell Ashcroft Holdings, unloading the company to Tokyo’s Nagano Keiki in a deal that will yield a 2x equity return.

Lindsay Goldberg & Bessemer has agreed to buy Intermex Wire Transfer, gaining exposure to the remittance space as the US government mulls possible “guest worker” legislation.