News

March 13th, 2014

Renaissance Learning to be Acquired for $1.1 Billion by Hellman & Friedman

WISCONSIN RAPIDS, Wis. One of the Largest Acquisitions in Education Technology Demonstrates the Value of Learning Analytics Renaissance Learning, a K12 assessment and learning analytics company, today announced the company has reached a definitive agreement to be acquired for $1.1…

MORE


March 3rd, 2014

Berkshire Partners Enters Agreement To Acquire Catalina

ST. PETERSBURG, Fla. Catalina Remains Focused on Driving Business for CPG Retailers and Brands Catalina, a leading provider of personalized digital media solutions for the CPG industry, announced today that Boston-based investment firm Berkshire Partners LLC has entered into a…

MORE


February 26th, 2014

Successful GTT Initial Public Offering

PARIS, France Offering Price: € 46 per share, representing a market capitalization for GTT of approximately € 1.7 billion. Total size of the Offering: 13,500,000 existing shares sold by Total Gas & Power Actifs Industriels (Total), H&F Luxembourg 1 S.à.r.l.,…

MORE


February 20th, 2014

Kronos Lays Foundation for Next Phase of Growth; Adds World-Class Investors at $4.5 Billion Enterprise Valuation

CHELMSFORD, Mass. Kronos Incorporated today announced that it has entered into a definitive agreement to effect a recapitalization of the company through a $750 million equity investment by funds managed by Blackstone (NYSE:BX) and GIC. Blackstone and GIC will invest in Kronos…

MORE


January 27th, 2014

KKR to Invest in Sedgwick

MEMPHIS, Tenn. Sedgwick Claims Management Services, Inc., a leading provider of technology-enabled claims and productivity management solutions, announced today that KKR, together with management, have signed an agreement to acquire majority ownership of Sedgwick for approximately $2.4 billion from its…

MORE


January 24th, 2014

Applied Systems Completes Acquisition by Hellman & Friedman

UNIVERSITY PARK, Ill. Applied Systems, Inc., a leading provider of software that powers the business of insurance, today announced the successful completion of its acquisition by funds advised by Hellman & Friedman LLC, a global private equity investment firm with…

MORE


November 26th, 2013

Hellman & Friedman to Acquire Applied Systems

UNIVERSITY PARK, Ill. Leading Provider of Insurance Software to be Purchased for $1.8 Billion Applied Systems, Inc., a leading provider of software that powers the business of insurance, today announced that it has signed a definitive agreement to be acquired…

MORE