Dow Jones Newswires By Owen Brown February 26, 2006 SYDNEY (Dow Jones)–Asimco Technologies, a privately-held auto components maker based in China but backed by U.S. venture capital, is expected to launch an initial public share offer in the U.S. within the next two years, chairman and chief executive officer Jack Perkowski says. Perkowski was billed…
Press
Transaction Multiples Highest in a Decade, While Debt Multiples Lag
Buyouts By Mark Cecil 2005 was a record-breaking year for fundraising, which means that funds are able to write bigger equity checks than ever before. This may partly explain some interesting year-end statistics: for large transactions, average debt multiples were down from 2004, while transaction multiples came in near or above all-time highs. According to…
Cyprium Partners Invests $7.5 Million In CG Electrodes LLC
Cleveland, OH – Key Principal Partners (KPP), a $1 billion private equity firm, announced today an investment of $7.5 million in subordinated debt in CG Electrodes LLC (C/G). The transaction, made to refinance existing debt and recapitalize the company through the repurchase of stock from minority shareholders, will increase the holdings of NMCG Holdings, the…
Making sense of mezzanine financing
Financial Executive By John Sinnenberg December 1, 2005 At critical points in a company’s existence, it will need to raisecapital–whether to make a strategic acquisition, invest in facilities and technology, create employee stock incentives or provide liquidity for shareholders. Financial executives will look at a range of options from bank debt to equity deals, and…
John Sinnenberg Quoted in Corporate Financing Week
Corporate Financing Week By Matthew Craft With the junk bond market hitting a rough patch, private equity shops are turning toward mezzanine financing to get their deals done. “We’re seeing some really large mezzanine deals getting done in the last month or so,” said Howard Gellis, senior managing director of Blackstone Mezzanine Partners. “I wouldn’t…
Cyprium Partners Invests $6.5 Million In Anomatic Corporation, Inc.
Cleveland, OH – Key Principal Partners (KPP), a $1 billion private equity firm, announced today an investment of $6.5 million in senior subordinated debt and preferred equity in Anomatic Corporation, Inc. The investment was made to facilitate Anomatic’s recapitalization by Brookstone Partners LLC, a New York-based private equity firm. The company’s current management team will…
More Buyout Firms Eye China
Private Equity Week By Ari Nathanson October 31, 2005 Talk to the average U.S. or European private equity firm doing business in China, and you’re likely to hear complaints about government obstacles, the country’s weak legal system and the challenges of obtaining financial information. But in an increasing number of cases, those concerns are ultimately…
On a Mission to China
Cincinnati Enquirer By Cliff Peale October 29, 2005 Local executives will explore a lucrative market. It’s half a world away from Greater Cincinnati, but China is a potentially lucrative marketplace for companies here. The emerging market of 1.3 billion people is compelling because of its low costs and because it’s the fastest-growing consumer market in…
Ampac’s Flexible Pouch Offers New Drug Delivery Options
Product News Network October 24, 2005 Cincinnati, OH (September 26, 2005)- Ampac Flexibles-Converted Products, a unit of Ampac Packaging LLC, introduces a drug delivery pouch designed to work in conjunction with devices which now rely on either glass vials or aerosol containers. Traditionally, hand-held drug delivery devices for pulmonary pharmaceuticals (such as inhalers) use either…
Scaling the Great Wall: More Buyout Firms Raise Capital To Enter China
Buyouts By Ari Nathanson October 17, 2005 Talk to the average U.S. or European private equity firm doing business in China, and you’re likely to hear complaints about government obstacles, the country’s weak legal system and the challenges of obtaining financial information-all of which have prevented investment in China from establishing any kind of consistent…