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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

Private Equity:
TPG Pays $278M for Assisted Living Concepts

Assisted Living owns 210 senior living residences in 20 states

Private equity firm TPG is buying Assisted Living Concepts Inc. (NYSE: ALC) for about $278 million.

The purchase price works out to $12 in cash for each share of Class A common stock and $12.90 per share for Class B common stock.

Assisted Living, headquartered in Menomonee Falls, Wis., owns 210 senior living residences in 20 states.

Fort Worth, Texas-based TPG was founded in 1992 and has about $54.5 billion in assets under management.

Citigroup Global Markets Inc. acted as financial adviser to Assisted Living’s special committee of the board of directors, while Cravath Swaine & Moore LLP acted as legal counsel. Goldman Sachs & Co. (NYSE: GS) acted as TPG’s financial adviser, and Skadden Arps Slate Meagher & Flom LLP provided legal advice.

 

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