ArcLight Capital Partners has acquired Midcoast Operating LP from Enbridge Inc for about $1.1 billion in cash. Houston-based Midcoast is an owner of midstream assets. PRESS RELEASE BOSTON, Aug. 1,… read more →
Buyout firms TPG (TPG.L) and KKR & Co (KKR.N) have emerged as leading contenders to run Dubai-based private equity firm Abraaj’s troubled $1 billion healthcare fund, three sources familiar with… read more →
Private equity group CVC [CVC.UL] has abandoned talks with Ingenico (INGC.PA) over a potential buyout of the French payments group, amid a frenzy of deals in the sector, people close… read more →
Genstar Capital has closed its previously announced acquisition of Austin-based Drillinginfo, a software, data and analytics platform for the energy value chain. No financial terms were disclosed. Insight Venture Partners… read more →
Genstar Capital said Aug. 2 that it acquired BBB Industries LLC. Financial terms weren’t announced. BBB, of Daphne, Alabama, is an automotive aftermarket supplier. UBS Investment Bank and Latham &… read more →
At least one bidder is challenging KKR’s efforts to take control of Gibson Brands Inc, Bloomberg is reporting. An unidentified buyer complained that KKR and allied noteholders wield too much… read more →
AXA said Aug 1 that it received an “irrevocable offer” from Cinven to buy AXA Life Europe. AXA said the sale could generate 1.165 billion euros ($1.4 billion), including a 240… read more →
Hidden Harbor Capital Partners has acquired California-based Masterwork Electronics, a maker of printed circuit board assemblies. No financial terms were disclosed. B. Riley FBR advised Masterwork on the deal. PRESS… read more →
Canadian investment group Fairfax (FFH.TO) could become Irish insurer FBD’s (FBD.I) second largest shareholder by September by converting a bond into equity, FBD Chief Executive Fiona Muldoon said on Wednesday.… read more →
French insurer Axa (AXAF.PA) said on Wednesday it had entered exclusive talks over the potential sale of its variable annuity products platform to private equity firm Cinven, adding it would… read more →