Latest News
Golub Capital as sole lead arranger, aloe bookrunner and administrative agent has provided a USD67.5 million GOLD financing to support the recapitalization of Chuy’s Holdings, Inc.by Goode Partners LLC. GOLD financings are Golub Capital’s One-Loan Debt facilities.
Based in Austin, Texas, Chuy’s operates 26 company owned restaurants located in Texas (21), Tennessee (2), Kentucky (1), Indiana (1) and Alabama (1). The Company prides itself on meticulous dedication to its "home-cooked" Mexican cuisine. Each restaurant conveys a laid-back, casual feel with a decor characterised by "if you have seen one Chuy’s, you have seen one Chuy’s."
"We are pleased to have
The recession and credit crunch took its toll on private equity investment companies, however, owing to recent strong performance, the private equity sector has bounced back. With the popularity of private equity investment companies seemingly on a steady rise, the Association of Investment Companies (AIC) has canvassed the opinions of managers to discuss the prospects for the sector in 2011.
Increasing value in underlying portfolios has contributed to a lift in the share price of many private equity companies; the average private equity investment company is up 23% over the last year, compared to a 12% rise in share
Open Ocean Capital, the early-stage venture capital firm led by investors who closed the USD1 billion sale of MySQL to Sun Microsystems (now Oracle) in 2008, has just closed its Fund Three with approximately USD60m (EUR40m) in capital in the first closing. The fund kicks off the first widespread outreach from the former MySQL team to founders and start-ups in Europe and beyond.
"With top level experience from product, community, and business development during the MySQL story, we are excited to offer start-up teams the funding and advice they need for embarking on a similar journey," says Patrik Backman (pictured),
Blue Wolf Capital Partners LLC (Blue Wolf), the New York-based private equity firm, has named Charles P Miller (pictured) as a partner. Miller will be based in Blue Wolf’s New York office and will be responsible for originating opportunities and managing portfolio companies. He will also serve as Blue Wolf’s Chief Compliance Officer.
Since 1997, Miller has been an equity partner at Patton Boggs LLP, a Washington, DC-based AmLaw 100 international law firm, advising institutional investors on mergers and acquisitions and other complex business transactions including financings, recapitalisations, restructurings and reorganisations. Since 2005, Mr. Miller acted as counsel to Blue
Preqin’s exit data shows that there have been 201 PE-backed exits valued at USD85bn in Q2 2011 to date. This is 5% higher than the record level reached in Q4 2010 when 325 exits with an aggregate value of USD81.3bn were announced. Deals have been particularly prevalent in Europe, with 82 exits valued at USD57.9bn taking place so far this quarter, double the USD28.6bn seen in the previous quarter.
The largest PE buyout-backed exit announced in Q2 2011 to date is the acquisition of Nycomed by Takeda Pharmaceutical Company in a EUR9.6bn deal; sellers include Nordic Capital, DLJ Merchant
Bay Grove Capital LLC, a principal investment firm based in San Francisco, has appointed David Brandes as a managing director. Brandes will be involved in all day-to-day activities of the firm and will bring his deep real estate expertise to new transactions and the existing portfolio.
Brandes joins Bay Grove after a nine year tenure at Shorenstein Properties LLC, a large real estate private equity firm that has sponsored funds totaling USD6.7 billion. As a principal at Shorenstein, Brandes was responsible for sourcing, negotiating and executing capital transactions within the Western United States. While at Shorenstein, Brandes executed over 30
Morgan Stanley Private Equity has acquired EmployBridge Holding Co, a provider of outsourced human resource and specialty-branded temporary staffing services in the United States. Morgan Stanley Private Equity partnered with the current management team who will remain in place and hold a significant minority stake in the Company.
EmployBridge operates primarily under the ResourceMFG, ProLogistix and ProDrivers brands, providing skilled personnel to three specific industry verticals: specialty manufacturing, warehousing/logistics and transportation. Headquartered in Atlanta, EmployBridge operates in 30 states through 146 branch and on-site locations.
Aaron Sack, Managing Director of Morgan Stanley Private Equity, says: “EmployBridge stands out in the
Diamond Dragon Advisors Limited of Hong Kong, Shanghai and Sydney is has appointed Kyung W Kim as CIO, Fund Origination and GP Advisory Services.
As a Senior Managing Director, Kim will be on the Executive and Management Committees and will be located in the Hong Kong office.
Formerly General Manager of Tokyo-based Shinsei Bank, Kim played a key role in establishing the bank’s Alternative Investment program which invested in private equity and real estate funds and hedge funds for the bank’s balance sheet. Prior to Shinsei, she was an investment banker for Warburg Dillon Read and Morgan Stanley. She
Global private equity firm The Riverside Company has agreed to acquire Reima Oy, a leading children’s wear brand in Northern Europe, known for high-quality outdoor clothing, and selling under the brands Reima, Lassie, Tutta and Progress.
This acquisition will be the seventh platform for Riverside Europe Fund IV (REF IV), and is the 18th platform company in REF’s current portfolio. Riverside will acquire Reima from Finnish private equity firm Vaaka Partners and the management team, who will invest alongside Riverside in this transaction and remain with the company in their current capacities.
Reima is headquartered in Vantaa, Finland,
Lower middle market private equity firm RJD Partners (RJD) has completed the debt refinancing of portfolio company Chemigraphic Limited, one of the largest independent full service electronic manufacturing services providers in the UK. HSBC has provided the new debt facilities totalling GBP11million.
In late December 2010, RJD secured the management buyout of Chemigraphic by offering a full equity underwrite, thus providing certainty of delivery for the vendors and giving Chemigraphic the benefit of being able to negotiate the best possible debt financing package to support the company going forward. RJD and Chemigraphic selected HSBC from a number of competitive indicative
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
