Oct. 22, 2010 at 5:23 p.m.
Filed under:
Energy,
IPOs,
Investing,
Private equity
By Reuters
Wind farm owner and operator First Wind Holdings Inc., which is planning a $300 million IPO for next week, may be a risky bet in the current energy climate.
The Boston-based company, mostly owned by private equity firm Madison Dearborn and hedge fund operator D.E. Shaw foresees rapid growth. By 2014, First Wind plans to have 1900 megawatts in operation or under construction. One megawatt produces enough power to meet the electricity needs of 800 typical American homes. Get the full story »
Sep. 27, 2010 at 4:27 p.m.
Filed under:
Banking,
Investing
By Becky Yerak
Private equity firm Madison Dearborn Partners LLC has struck its third deal in the past year to buy a Chicago-area company.
The Chicago-based buyout firm plans to acquire a majority stake in Fieldglass Inc., a software provider that helps such companies as Johnson & Johnson, American Airlines and GlaxoSmithKline manage their contract and temporary workforces. The deal values Fieldglass at more than $220 million.
It’s the fifth purchase that Madison Dearborn has made with its sixth fund, which raised $4 billion from universities, pension funds and other institutional investors. Get the full story »
Aug. 31, 2010 at 11:50 a.m.
Filed under:
Banking,
Food,
Investing,
Restaurants,
Small business
By Becky Yerak
In 2006, Madison Dearborn Partners LLC Chairman John Canning told the Tribune that he’d love to see his son, then a chef in Boston, return to Chicago to start his own business.
The private equity executive has gotten his wish.
Tim Canning, 34, has opened Lemon Tree Grocer about 100 yards from the Metra stop in Downers Grove. The high-end market has more than 40 full- and part-time workers, including a butcher that can work his way through a whole cattle and explain cuts of beef. It’s the first business that the younger Canning has started. Get the full story »
May 11, 2010 at 11:04 a.m.
Filed under:
Banking,
M&A,
Manufacturing
Bloomberg via San Francisco Chronicle | Bway Holding Co., the paint-container and aerosol-can maker being acquired by Chicago-based Madison Dearborn Partners LLC, is marketing debt as high-risk, high-yield debt prices rebound after plunging last week.
Get the full story: sfgate.com.
April 29, 2010 at 4:30 p.m.
Filed under:
Credit Cards,
M&A,
Private equity
By Becky Yerak and Julie Wernau | TransUnion, the Chicago-based credit reporting agency controlled by the
Pritzker family, is getting a new majority owner.
Chicago-based private equity firm Madison Dearborn Partners LLC
announced Thursday it will acquire a 51 percent stake in TransUnion, one
of three major credit bureaus that collect data on the borrowing and
bill-paying habits of consumers.
Get the full story »