SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Dealmakers

The Buyside:
Disney, Warner Bros. Seek Next-Gen YouTubes

Traditional Hollywood studios such as Disney and Warner Bros. are seeking next-generation YouTube content providers

The Buyside

Activist Investors Dig Into Mid Market
Spurred on by the high-profile success of Carl Icahn and others, a growing crop of firms is looking further downstream

Today's Transactions:
Carousel Closes $265M Fund

The announcement comes after the firm bought an oil change and car service company

Private equity firm Carousel Capital has closed a $265.5 million fund.

The fund, Carousel Capital Partners IV LP, attracted 25 percent more in commitments than the firm’s last fund, which closed in 2007 with $210 million in committed capital.

Investors include pension funds, endowments, foundations, insurance companies, fund of funds and other institutional investors.

The firm focuses on buying companies in the southeast U.S. Since its founding, Carousel has raised more than $750 million in commitments.

The firm announced it was buying Express Oil Change & Service Center from PE-firm Thompson Street Capital Partners. Carousel had sold Express Oil to Thompson in July 2010, and bought it back in a deal announced Jan. 9. The investment was made from the fourth fund, according to Carousel managing partner William Hobbs. 

 

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