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Warburg, Blackstone Invest In Oil Sands

- PE firms announce joint investment in energy company focused on Canada's Cold Lake region.

CD&R To Buy Bodycote Business Unit

- Bodycote Testing Group, a subsidiary of Bodycote plc, will be led by a former ABB exec.

First Reserve Goes Nuclear

- PE energy investment shop makes a move to better integrate nuclear resources together.

Biden Clan Tied To Hedge Fund Suit

- While Senator Biden shares center stage at the DNC, his family is in court battling over hedge fund dealings gone awry.

State Street Discloses PE Segment Growth

- The Boston financial services firm sees growth in PE administration biz despite a slowdown within certain industries.

PE Firms, SPACs Rekindle Relationships

- Florida SPAC Enterprise Acquisition Corp. buys Workflow Management, providing an exit for target's PE investors.

The Jordan Company Buys Harvey Gulf

- In a $500 million transaction, the private equity firm will now own a portion of the marine shipping family operation.

Advent Acquires Stake in Amscan

- The party supplies retail franchise sold 38% of the company to the Boston-based buyout firm.

King Bids For Alpharma

- The smaller rival immediately rejects King’s offer, prompting the warning of a hostile takeover.

Aon Buys Benfield Group

- $1.75 billion deal creates a global reinsurance broker.

BlackEagle Partners Buys Instar

- Disaster response unit is the third acquisition by BlackEagle’s debut fund.

Water Street Buys CareCentrix Stake

- The Chicago PE firm will control 69% of CareCentrix business, in a $147 million acquisition.

One Equity Leads X-Rite Investment

- PE firm will control roughly 37% of the software company’s shares through a deal that cleans up the X-Rite’s balance sheet.

K&L Gates Hires M&A Partner

- David Grubman, a former a shareholder with Buchanan Ingersoll & Rooney PC, has joined the firm's Pittsburgh office.

Emerging Market Buyers

- New research by KPMG shows that developed economies most often buy in the U.S., U.K. and Germany, according to a new report.

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