Jennifer Harris
The credit crunch has claimed another victim: Patriarch Partners’ American LaFrance, one of the oldest fire engine makers in the US.
Avalon Laboratories, which manufactures connection devices for life support machines, is American Capital’s sixth investment in the medical technology sector.
The credit crunch has claimed another victim: Patriarch Partners’ American LaFrance, one of the oldest fire engine makers in the US.
US student lender Sallie Mae will accept a $30 billion refinancing in lieu of a JC Flowers-led buyout. Meanwhile, Blackstone has told Alliance Data it does not think the company can meet closing conditions for a $6.43 billion acquisition.
US student lender Sallie Mae will accept a $30 billion refinancing in lieu of a JC Flowers-led buyout. Meanwhile, Blackstone has told Alliance Data it does not think the company can meet closing conditions for a $6.43 billion acquisition.
Baird Capital Partners and Lubar & Co. will contribute $85 million in rollover equity to finance the acquisition by REIT Cogdell Spencer.
Baird Capital Partners and Lubar & Co. will contribute $85 million in rollover equity to finance the acquisition by REIT Cogdell Spencer.
The buyout firm has hired Steve Sterling of Bear Stearns for a newly created role as head of its US leveraged finance research team.
Bain and TH Lee have pushed back the closing deadline by six months for their $27.5 billion buyout of Clear Channel. Goldman Sachs recently did the same for its $1 billion buyout of Myers Industries.
The firm has hired two new managing directors to lead its investor relations activities for its private equity fund of funds and hedge fund businesses in New York and Toronto.