Former DLJ head Thompson Dean has notched his first deal for Avista Capital Partners, the DLJ spinout launched by Dean and other CSFB veterans earlier this year.
Thomas H. Lee Partners has filed a lawsuit against the former Refco management. The complaint could help shift the public’s perception of the firm from Refco insider to a victim of the futures broker’s deceit.
The CEO and president of Broder Bros. have both given their notices at the Bain Capital portfolio company. Bain’s Thomas Myers will fill in on an interim basis.
Welsh Carson Anderson & Stowe recapitalised Titan Worldwide, investing in a deal that will allow existing investor Catterton Partners to cash out of its five year investment.
After eight years and a bout with bankruptcy, Heritage Partners has sold Skilled Healthcare to Onex Corp., realizing a roughly 3x return on the investment.
Trumpeting what the firm describes as an overall 27% gross IRR, Kohlberg Kravis Roberts has wrapped up the fundraising for its second European vehicle, closing €1.5bn over target with the €4.5bn fundraise.