Olivia's Feed
Apr 9, 2014

Premium pet food company Freshpet taps banks for IPO: sources

By Olivia Oran and Greg Roumeliotis

(Reuters) – Freshpet LLC, maker of a healthy variety of cat and dog food, has selected Goldman Sachs Group Inc (GS.N: Quote, Profile, Research, Stock Buzz) and Credit Suisse Group AG (CSGN.VX: Quote, Profile, Research, Stock Buzz) to lead an initial public offering by the end of the year, two people familiar with the matter said on Wednesday.

Freshpet’s plans to go public come amid a wave of IPO and mergers and acquisitions activity in the “premium pet food” sector, driven by rising pet ownership and an increase in pet food spending.

Apr 9, 2014

El Pollo Loco picks Jefferies, Morgan Stanley for IPO: sources

By Olivia Oran and Greg Roumeliotis

(Reuters) – El Pollo Loco Inc has selected investment banks Jefferies Group LLC and Morgan Stanley to lead an initial public offering of the private equity-owned fast-food chicken chain later this year, according to people familiar with the matter.

The move makes El Pollo Loco the latest among several private equity-backed restaurant chains hoping to go public this year amid strong demand by stock market investors hungry for exposure to the fast-growing casual dining sector.

Apr 7, 2014

Home improvement retailer Floor and Decor eyes IPO: sources

By Olivia Oran and Greg Roumeliotis

(Reuters) – Floor & Decor’s private equity owners are planning an initial public offering later this year and are preparing to interview banks in the next few weeks, people familiar with the matter said on Monday.

Floor & Decor, a flooring and tile products retailer, is owned by private equity firms Ares International LLC and Freeman Spogli & Co.

Apr 2, 2014

Freeman Spogli, Investcorp to buy Totes Isotoner: sources

NEW YORK (Reuters) – Buyout firm Freeman Spogli & Co and Bahrain-based investment company Investcorp INVB.BH have agreed to acquire Totes Isotoner Corp, the world’s largest marketer of umbrellas, gloves and rainwear, people familiar with the matter said on Wednesday.

The deal values Totes Isotoner at between $500 million and $600 million, the people said. The company is being sold by private equity firm MidOcean Partners, which acquired Totes Isotoner in 2007 in a $288 million deal.

Apr 1, 2014

Exclusive: American Lawyer publisher up for sale – sources

NEW YORK (Reuters) – American Lawyer publisher ALM Media, which was once controlled by Wall Street dealmaker Bruce Wasserstein, is exploring a sale that could fetch more than $500 million, people familiar with the matter said.

ALM Media, backed by private equity firm Apax Partners, has hired investment bank Jefferies to assist with efforts to sell the company, whose magazines are popular among U.S. lawyers and legal professionals, the sources said on Tuesday.

Apr 1, 2014

American Lawyer publisher up for sale: sources

NEW YORK (Reuters) – American Lawyer publisher ALM Media, which was once controlled by Wall Street dealmaker Bruce Wasserstein, is exploring a sale that could fetch more than $500 million, people familiar with the matter said.

ALM Media, backed by private equity firm Apax Partners, has hired investment bank Jefferies to assist with efforts to sell the company, whose magazines are popular among U.S. lawyers and legal professionals, the sources said on Tuesday.

Mar 26, 2014

Baxter explores sale of its vaccines business -sources

NEW YORK/FRANKFURT (Reuters) – Baxter International Inc is exploring a sale of its vaccines business, according to people familiar with the matter, the latest healthcare company to look at divesting non-core assets to focus on key strengths.

The medical equipment and pharmaceuticals company is working with Goldman Sachs Group to find a buyer for the unit and has reached out to potentially interested parties including private equity firms, the people said on Wednesday, asking not to be named because the matter is not public.

Mar 26, 2014

Exclusive: Baxter explores sale of its vaccines business – sources

NEW YORK/FRANKFURT (Reuters) – Baxter International Inc is exploring a sale of its vaccines business, according to people familiar with the matter, the latest healthcare company to look at divesting non-core assets to focus on key strengths.

The medical equipment and pharmaceuticals company is working with Goldman Sachs Group to find a buyer for the unit and has reached out to potentially interested parties including private equity firms, the people said on Wednesday, asking not to be named because the matter is not public.

Mar 19, 2014

Exclusive: TreeHouse Foods joins list of Michael Foods suitors: sources

By Olivia Oran and Greg Roumeliotis

(Reuters) – TreeHouse Foods Inc (THS.N: Quote, Profile, Research, Stock Buzz) is weighing a bid for Michael Foods Group Inc, joining a list of suitors that includes much larger rival Tyson Foods Inc (TSN.N: Quote, Profile, Research, Stock Buzz), people familiar with the matter said on Wednesday.

Michael Foods, the egg and dairy products producer owned by Goldman Sachs Group Inc’s (GS.N: Quote, Profile, Research, Stock Buzz) private equity unit, is in the advanced stage of finding a buyer. People familiar with the process have previously identified Tyson as the most likely buyer. It is not clear how serious TreeHouse might be about possibly acquiring Michael Foods.

Mar 19, 2014

TreeHouse Foods joins list of Michael Foods suitors -sources

March 19 (Reuters) – TreeHouse Foods Inc is weighing
a bid for Michael Foods Group Inc, joining a list of suitors
that includes much larger rival Tyson Foods Inc, people
familiar with the matter said on Wednesday.

Michael Foods, the egg and dairy products producer owned by
Goldman Sachs Group Inc’s private equity unit, is in the
advanced stage of finding a buyer. People familiar with the
process have previously identified Tyson as the most likely
buyer. It is not clear how serious TreeHouse might be about
possibly acquiring Michael Foods.