Russian businessman Boris Mints wants to sell the country’s third-largest pension fund, Budushchee, after two banks in its portfolio were bailed out, potentially triggering up to $370 million in losses,… read more →
Blackstone has acquired a minority equity stake in Kohlberg & Company, a middle-market private equity firm. No financial terms were disclosed. Evercore served as financial adviser to Kohlberg while Ropes… read more →
Liebman Group has acquired a majority stake in Utah-based C-Slide, a security accessory company. No financial terms were disclosed. PRESS RELEASE SALT LAKE CITY–(BUSINESS WIRE)–Crewe Capital, LLC, a premier investment… read more →
Sioux Falls, South Dakota-based Diamond Mowers, a maker of industrial mowing, mulching, and brush cutting equipment, has secured an undisclosed amount of equity and debt funding. The backers were Lineage… read more →
ION Investment Group has acquired Uniondale, New York-based Openlink Financial, a provider of trading and risk management solutions. No financial terms were disclosed. PRESS RELEASE NEW YORK—22 March 2018: ION… read more →
French private investment company Ardian has hired Rothschild (ROTH.PA) to sell its 49 percent stake in Britain’s fifth-biggest airport, Luton, banking sources told Reuters. Ardian and Spanish airport operator Aena… read more →
Apollo Global Management LLC has closed its previously announced buyout of Qdoba Restaurant Corp from Jack in the Box Inc for about $305 million in cash. Qdoba operates and franchises… read more →
The Riverside Company has acquired Safety First Contracting as an add-on for its Area Wide Protective platform. No financial terms were disclosed. Kirkland & Ellis advised Riverside on the transaction.… read more →
Warburg Pincus is finding new investment targets in the consumer, banking and logistics sectors of Vietnam as its economy grows and capital markets develop, said the regional head of the… read more →
Nordic Capital has dropped out of the auction to buy the European generics business ofSanofi because of high price expectations, the Financial Times reported. Advent International, BC Partners and Carlyle… read more →