PE Hub

Charterhouse Group is looking to raise between $500 million and $600 million for its fifth fund, peHUB has learned. Multiple sources confirm the news, although there is some disagreement over whether the firm is best described as "marketing" or "pre-marketing" (all depends on if there's a PPM out there).New York-based Charterhouse, a middle-market buyout...
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(Reuters) - A group led by former all-star pitcher Nolan Ryan and a minor league baseball team owner made a new bid to buy the bankrupt Texas Rangers in a move that would block an auction for the Major League Baseball team set for next week. The Rangers’ bankruptcy court-appointed chief restructuring officer, William Snyder,...
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Healthcare has seen a spate of PE-backed deals this week, and sector deal volume is expected to keep rising.On Friday, THL Partners said it was buying Intermedix, a provider of emergency billing services, from Parthenon Capital Partners. Water Street Healthcare Partners also announced its purchase of Medical Specialties Distributors. Other recent examples
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Jet Broadband Holdings, a portfolio company of MCG Capital, has completed the sale of its cable operations to Shentel Cable Co., a wholly-owned subsidiary of Shenandoah Telecommunications Co. (Nasdaq: SHEN), peHUB has learned. The deal was valued at $1...
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The Charterhouse Group inked its second sale this year with a deal to sell NewPath Networks Inc. to Crown Castle International.Crown Castle, a Houston cellular tower operator, is buying all of NewPath, including stakes held by Charterhouse, NewPath Chairman Bill Marraccini, and Meritage. The deal is expected to close in roughly 60 days.
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Boston-Power Inc., a Westborough, Mass.-based developer of lithium-ion batteries, has expanded its Series E round from $60 million to $66.4 million, according to a regulatory filing.  The company previously announced that Foundation Asset Management and Oak Investment Partners co-led the round, and were joined by fellow return backers Venrock and Gabriel Venture Partners. The company has...
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Charterhouse Group has agreed to sell NewPath Networks Inc. to Crown Castle International Corp. (NYSE: CCI), for $115 million. NewPath is a Seattle-based developer and operator of distributed antenna system networks.
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(Reuters) Oaktree Capital, a senior debtholder in German aluminum company Almatis, ratcheted up its fight against Almatis’s equity owner, Dubai International Capital, over the best way to restructure the bankrupt company, according to court documents. Oaktree objected to Almatis’ continued use of cash collateral, which companies need to cover operating costs and other expenses while...
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(Reuters) - The auction for Italian business management software group TeamSystem will conclude within weeks, with Sage (SGE.L) heading the field with a bid of up to 650 million euros, people familiar with the matter said. British accountancy-software group Sage is vying with private-equity groups Cinven and HgCapital to buy the business from U.S private equity...
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A couple of notes from the world of institutionalized super-angels, via filings with the SEC:First up is Floodgate, the firm formerly known as (Mike) Maples Investments. It has raised $73.5 million for its third fund, which more than doubles the $33 million raised for Fund II back in 2008.
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