After a busted auction, New York-based Arsenal Capital Partners has acquired a controlling stake in specialty chemicals maker Reilly Industries, agreeing to a deal worth $250m.
The Australian bank has launched a clean technology fund of funds focused on the North American market.
Markstone Capital Group has attracted investment from US and Israeli pension funds to invest in late-stage old economy companies in emerging markets.
Hermes Private Equity has made its first investment from HPEP II, the £250m fund it closed last month.
Technology and life science-focused venture capital firm TVM has raised €240.3 million from European, US and Asian investors to invest in drug discovery and development.
Bain Capital is noticeably absent from Tenaska’s $838m energy fund, after the two sides had worked out a co-investment agreement in 2003.
American Securities sold its El Pollo Loco fast food chicken chain in a secondary deal, realizing a roughly six times return on its invested capital.
The Omaha, Nebraska energy company has raised an $838m private equity fund to acquire energy and power assets.
Former WestAM Private Equity Group head Donald Phillips has launched a new funds-of-funds group, WP Global Partners, which has already launched three FoFs and could soon be in the market with three more.
The Nordic buyout firm has acquired boating electronics company Simrad Yachting from Norwegian technology group Kongsberg Gruppen.