Posts Tagged ‘Private Equity Firm’
Leonard Green Strikes Again, Buys Jo-Ann Stores
NEW YORK (TheStreet) -- Private-equity firm Leonard Green is gobbling up retailers, this time Jo-Ann Stores. Leonard Green agreed to purchase the crafts store for $1.6 billion, or $61 a share, a 34% premium over its closing price on Wednesday. While Jo-Ann Stores had not been actively seeking a buyout, director Scott Cowen said in a statement that the company felt the offer was in the best ...
Green Mountain to buy Canadian licensee for $890 million
(Reuters) - Green Mountain Coffee Roasters Inc will buy its last remaining licensee Van Houtte Group Inc for about $890 million in cash from private-equity firm Littlejohn & Co.
Private Equity Firm to Focus on Green Tech
From our friends at the DealBook blog:Carter BalesThe race to cash in on the environmental technology wave just got a little more crowded on Monday with the founding of the New World Capital Group, a private equity firm focused on investing in companies in the nascent “green tech” sector. Led by Carter Bales, an industry heavyweight who founded the environmental practice at McKinsey in the 1980s, and assisted by four partners including Bradley Abelow, former head of operations at Goldman Sachs