Levine Leichtman Capital Partners (LLCP) has acquired Tropical Smoothie Café from BIP Capital in partnership with the company’s management team. Tropical Smoothie Café (TSC) is a franchisor of fast-casual cafes that serve smoothies, wraps, sandwiches,
Dominus Capital has acquired Lockmasters in partnership with the founding Miller family. Lockmasters is a manufacturer and distributor of combination locks, tools, hardware, and educational services to government and security professionals, including automotive locksmiths, general
In this round-up, the foreign minister announces a global data security initiative, both American journalists and Chinese students face fresh visa restrictions, and president Donald Trump says his re-election will end the US’s reliance on
Longstanding Chicago private equity house Benford Capital Partners has beaten its target for its debut fundraise by reaching a $130m final close.
DNX Ventures has hit a $315m final close for its latest fund targeting early-stage B2B startups in the US and Japan.
Tech-focused private equity house Technology Crossover Ventures is back in the market with its latest flagship fundraise - and has picked up a commitment from the District of Columbia Retirement Board.
Fund of funds investor Serve Capital has hauled in close to $52m for its third flagship fundraise.
Lone Star Funds is reportedly exploring a potential sale of American Bath Group that could value the bathtub and shower maker at up to $2bn.
Boston-based buyout house Berkshire Partners has teamed with veteran food business executive Javier Vélez-Bautista to launch Latin food and drink-focused El Dorado Foods.
Santander is spinning out its venture arm into the new entity Mouro Capital, a new autonomous investment firm using its $400m in allocated funds to back innovate FinTech startups without the fear of the big
Baring Private Equity Asia has agreed a buyout of digital engineering and IT specialist Virtusa in a deal which values the business at about $2bn.
Chicago-based private equity house ParkerGale has bought a majority stake in workload automation software business SMA Technologies.
Eurazeo's growth buyout investment division has snapped up former Searchlight Capital partner Eric Sondag as managing director in its New York office.
Stellex Capital Management has closed Stellex Capital Partners II LP with total commitments of more than $1.77 billion and exceeding the fund’s original $1.25 billion target. Stellex closed its debut fund in July 2017 with
Berkshire Partners has partnered with food executive Javier Vélez-Bautista to form El Dorado Foods. Mr. Vélez-Bautista now becomes the CEO of El Dorado and the new platform will be active acquiring Latin-inspired food and beverage
China Renaissance Holdings has raised more than $600m for the final close of its Huaxing Growth Capital USD Fund III.
Levine Leichtman Capital Partners has named Tannaz Chapman as its newest managing director among a string of promotions at the firm.
Asset management giant Neuberger Berman has raised more than $300m for the final close of the first fund raised by its alternative credit unit.
Stellex Capital Management has soared to a impressive final close for its sophomore fundraise, beating its initial $1.25bn target by more than $500m.
Private equity investor SK Capital Partners has boosted its team with the hire of veteran chemicals industry expert Chris Fraser as a senior director.
