The US private equity firm has exited its investment in the firm previously known as Hays Logistics less than 18 months after acquisition.
In a deal that will yield a more than three times return, North Castle Partners has agreed to sell drug and alcohol treatment centre CRC Health Group. Bain Capital acquired the business in a roughly $720m deal.
JH Partners and Berkshire Partners have executed their second dividend recap of MD Beauty, returning roughly 245 percent of the capital invested back to their limited partners.
Expanding its investment reach into less traditional emerging markets, the US-based Overseas Private Investment Corporation has committed to financing private investment funds targeting Africa. By Judy Kuan
Jeffrey Greenberg has rebounded following his departure from Marsh & McLennan, where he was chairman and CEO, and is reportedly set to launch a new private equity fund.
Kohlberg Kravis Roberts, the New York-based buyout giant, is sizing up opportunities in the Australian private equity market, according to sources there.
Greenwich, Connecticut-based Littlejohn & Co. has brought on two distressed vets to spearhead the group’s new focus on the asset class. The firm is just the latest of a growing number of firms to build distressed capabilities.
The buyout and mezzanine firm will bring its “one-stop shop” approach to the capital, investing from its €750m fund, which closed last week.
Denver-based KRG Capital Partners has announced the acquisition of East Coast Fire Protection – the latest of a series of deals following the close of a new, $715m fund.
Minneapolis-based Norwest Equity Partners executed a dividend recap on homebuilder Highland Manufacturing, signaling a possible firming in the HUD-code homebuilding space.