Ken MacFadyen

Chicago’s GTCR Golder Rauner completed its $975 million buyout of Automatic Data Processing’s Claims Services Group.

Bain Capital has completed its buyout of clothing retailer Burlington Coat Factory, paying $2.1 billion for the property.

Bain Capital has run into its $8 billion ceiling for its ninth fund, and the Boston-based group is still in the market with a $2 billion co-investment vehicle.

Providence-based Nautic has inked two new platform acquisitions, buying auto-parts company Curtis Industries and IT publisher 101 Communications. The deals come ahead of an anticipated fund drive.

The New York City Retirement Systems finds itself again dealing with turnover among its top brass, signalling that something may be amiss at the $95 billion pension.

New York-based KPS Special Situations has agreed to sell Ashcroft Holdings, unloading the company to Tokyo’s Nagano Keiki in a deal that will yield a 2x equity return.

The California Public Employees’ Retirement System has issued two mandates seeking third-parties that could help the giant pension make its private equity portfolio more manageable.

Mid-market investment bank Goldsmith Agio Helms has launched a new “lower middle market” division to represent sellers in the micro-cap space.

Intel Capital, the captive VC arm of Intel Corp., has set its sights on Brazil, signalling the ongoing improvement seen in the country’s capital markets.

Dallas-based Brazos Private Equity Partners has agreed to a $100m recap that will take Morton Industrial Group off the public market.