China-based drug developer Sinovac Biotech has closed $86.73 million in a private placement. The investors were Vivo Capital and Advantech Capital. Houlihan Lokey served as financial adviser to Sinovac on the… read more →
Dyal Capital Partners, a division of Neuberger Berman, has acquired a minority stake in HPS Investment Partners. Financial terms weren’t announced. Dyal’s stake in HPS is passive and non-voting. HPS,… read more →
Dyal Capital Partners, a division of Neuberger Berman, has made a minority investment in Round Hill Capital. Financial terms weren’t announced. Round Hill, of London, is a real estate investment,… read more →
Platinum Equity said July 3 that it has acquired PLI Card Marketing Solutions (a.k.a. Plasticard-Locktech International). Financial terms weren’t announced. PLI, of Las Vegas, provides gift, loyalty and membership card… read more →
Centerbridge Partners and its board said June 29 that it has hired BofA Merrill Lynch and Barclays to explore a potential sale of P.F. Chang’s Bistro. Centerbridge acquired P.F. Chang’s in… read more →
Prestige Brands Holdings Inc said July 2 that it agreed to sell its household cleaning business for $69 million in cash. The products sold include Comet®, Spic and Span®, Cinch®,… read more →
ORIX Corp USA said July 1 that it agreed to buy NXT Capital. Financial terms weren’t announced. NXT, of Chicago, is a middle market lender. NXT is backed by Stone… read more →
KKR has closed its previously announced acquisition of Hyperion, a maker of industrial tool components. The seller was Sandvik. No financial terms were disclosed. Ron Voigt has been named CEO… read more →
Humana, TPG Capital and Welsh, Carson, Anderson & Stowe have completed their previously announced take-private acquisition of Louisville, Kentucky-based Kindred Healthcare Inc, a healthcare services provider. No financial terms were… read more →
Cairngorm Capital has acquired Rembrand Timber Limited and is merging it with portfolio company Thornbridge. No financial terms were disclosed. Rembrand is an importer, manufacturer and distributor of timber in… read more →