Quantcast
The first installment of our new predictive index shows that dealmakers expect overall M&A to increase, with health care outperforming the overall market READ MORE 

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

Roundtable

Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Today’s Transactions:
Energy Capital Agreed to Take Over Nuclear Waste Handler

The target, EnergySolutions Inc., has until Feb. 6 to find an offer that beats the current $338.5M price tag

Investment firm Energy Capital Partners offered to take EnergySolutions Inc. (NYSE: ES) private for $338.5 million.

The target, a Salt Lake City, Utah-based nuclear waste management company, intends to actively solicit rival bids from third parties until Feb. 6.

The Energy Capital deal, announced Monday, Jan. 7, comes about two months after EnergySolutions announced plans to sell assets as a means to cut debt, which so far exceeds $600 million.

The transaction, which has an enterprise value of $1.1 billion, is expected to help EnergySolutions expand its decommissioning and disposal businesses.

Energy Capital said it intends to operate Energy Solutions as a standalone company and keep current management in place. Energy Capital, based in Short Hills, N.J., was founded by Doug Kimmelman, a former Goldman Sachs Group Inc. (NYSE: GS) partner.

EnergySolutions tapped Goldman Sachs to run the sale process, while Skadden Arps Slate Meagher & Flom LLP handled legal matters.

 

For more information on related topics, visit the following: