M&A news and insight for the middle market
The M&A Scene: CEO Leadership
Dealmakers gathered at the Harvard Club in New York on May 7 as part of ACG NY's CEO Leadership event. Peter Gonye, a co-leader within Spencer Stuart's private equity practice in North America was the keynote speaker. Panelists included M. Tatum Pursell, senior adviser, Unlimited Horizons; Tony Ecock, general partner, Welsh Carson Anderson & Stowe; Jim Follett, former CEO of Authentic Response Inc.; Doron Grosman, operating partner, Court Square Capital; and Joelle Marquis, partner, Arsenal Capital.
Far Cry from the Glory Days
These days, big buyers are more likely to co-invest with limited partners
Time Inc. -Meredith Pairing Would Have Been Too Complicated, Says Jeff Bewkes in Keynote
The Time Warner chairman hints there may be a future deal for the spun-off magazine business, maybe even with Meredith
The Buyside:
Trench Dealfare
Strategic players in the aerospace and defense sector look to offset losses by remaining on the hunt for targets
Fund of Funds, Lender
ESOP, Recapitalization
Agriculture, Natural Resources
New York, Hong Kong
Northeast US, Asia/Pacific
United States, Canada
Exclusive data on top players in capital markets
Vice President
Firm: Clarion Partners LLC
In the news: Clarion Partners, Madison Street Capital, NBGI Private Equity
Carlos Slim
Matt Maloney and Mike Evans, GrubHub founders
The deal marks an exit for PE firm 3i Group, which spun Xellia out from Alpharma in 2008
Sprint, which already owns 51 percent of Clearwire, raised its offer to $10.7B
The target manufactures candy without fat, dairy, gelatin, nuts or artificial colors, from fruit juices
The tobacco company is paying $700M for 20 percent of Philip Morris Mexico SA de CV, owned by Grupo Carso, which was founded by billionaire Carlos Slim
The PE firm has already made eight investments from the new fund, including in retailer Matilda Jane Clothing
Bedford, Mass.-based SoundBite is expected to bring Genesys additional expertise in developing and marketing cloud-based services
Juan Alva, Fifth Street partner
Deft manufactures structural primers and military topcoats for the North American aviation industry
As part of Yahoo's agreement "not to screw it up," Tumblr CEO David Karp, 26, will remain in charge
The buyer is assuming more than $3B in debt, bringing the all-stock deal’s value to $8.5B
Interest is coming from banks interested in Oklahoma's energy and agriculture sectors
Websense provides online security services
Clarion hires VP in L.A., Madison Street’s India head joins Pailan board, NBGI hires food and beverage specialist
Bedford, Mass.-based SoundBite is expected to bring Genesys additional expertise in developing and marketing cloud-based services
A Toshiba subsidiary is selling the shares of Wuxi Tongzhi Microelectronics
