US retailer The Container Store has agreed to be sold to Los Angeles-based Leonard Green & Partners.
A Cornerstone Partners-led consortium of three firms has sold Polish private healthcare operator Lux-Med to Mid Europa Partners, after quadrupling the number of patients on the company’s books.
Kohlberg Kravis Roberts will become the latest alternative asset manager to raise funds on the public market, after revealing plans for a $1.25 billion initial public offering on the New York Stock Exchange before the end of the year.
The turnaround specialist has raised £322 million for its second fund – with a £10 million commitment from its fund of funds vehicle.
The Blackstone Group is said to be mulling a $400 million investment in China’s largest petrochemicals company. The news follows a disappointing NYSE debut for Blackstone’s management company, in which the Chinese government invested $3 billion.
Emerging markets buyout firm Actis has bought freight company Fuel Logistics Group from a Rand Merchant Bank-led consortium, allowing the transport company to meet its Black Economic Empowerment objectives.
General Atlantic will add a ninth firm to its India portfolio with a $60 million investment in IBS Software Services.
San Francisco-based Genstar Capital will acquire clinical research organization PRA International in $790 million deal – the largest the firm has announced to date.
Waterland Private Equity Investments and Prime Technology Ventures have sold GlobalCollect, an e-payment service provider, to General Atlantic for an undisclosed amount.
Och-Ziff, one of the world’s largest hedge fund managers, will become the latest alternative asset manager to tap the public markets after revealing plans for a possible flotation on the New York Stock exchange.
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