DFW Capital Partners has held a first and final close of DFW Capital Partners V, LP with $360 million of committed capital. The oversubscribed and above target fund was raised in less than six months. Investors in Fund V include several insurance companies, funds-of-funds, domestic and international family offices, endowments, and pension funds. “We are […]
Archives for April 4, 2016
Berkshire Closes Fund IX
Berkshire Partners has closed the firm’s ninth private equity investment fund, Berkshire Fund IX, with total capital commitments of $5.5 billion. The firm’s earlier fund, Berkshire Fund VIII, closed in 2011 with $4.5 billion of capital. Berkshire, the largest single investor in Fund IX, did not use a placement agent and most of the capital […]
Peak Rock Exits Highline Produce
Peak Rock Capital has sold its portfolio company Highline Produce, one of the largest producers and distributors of organic mushrooms in North America, to Dublin-based fruit company Fyffes. Highline was acquired by Peak Rock in November 2014. Highline sells approximately 58 million pounds of mushrooms per year and operates four production facilities in Ontario and […]
Arlington Closes iRobot Transaction
Arlington Capital Partners has closed its buy of the Defense & Security business of publicly-traded iRobot Corporation for $45 million in total consideration which includes an undisclosed post-closing contingent payment based on the achievement of certain operating milestones. The acquisition was first announced back in February 2016. Endeavor Robotics was formed by Arlington as a […]
TZP Group Acquires This Old House
TZP Group has entered into an agreement to acquire This Old House Ventures, LLC and all of its associated media properties, from Time, Inc. TZP partnered with media and publishing executive Eric Thorkilsen, a former Time executive, on the transaction. This Old House Ventures (TOH) is a multi-platform home improvement brand that produces two television […]