Recent club deals
Target | Deal size | Firms involved | Notes |
UICI (US) | $1.6bn | The Blackstone Group, | Take-private deal involving a |
Goldman Sachs Capital | Texas-based insurance out- | ||
Partners, DLJ Merchant | fit, completed in April 2006. | ||
Banking Partners | |||
General Healthcare | £2.2bn | Apax Partners, London and | Acquisition of a UK private |
Group | Regional Properties, Brock- | hospital operator from BC | |
ton Partners, Netcare | Partners in April 2006. | ||
GMAC | $14bn | Cerberus Capital Manage- | Acquisition of Detroit, Michi- |
ment, Citigroup | gan-based automaker Gen- | ||
eral Motors' financing arm, | |||
announced in April 2006. | |||
Seves Group | €375m | Vestar Capital, Ergon Capi- | Acquisition of an Italian |
tal Partners, Athena Private | glass insulator manufacturer | ||
Equity | from shareholders 3i, | ||
Athena, Fidia, Intek and | |||
Interbanca, agreed upon in | |||
April 2006. | |||
Kerzner International | $3.6bn | Istithmar PJSC, Whitehall | Take-private of a Bahamas- |
Street Global Real Estate, | based operator of hotels, | ||
Colony Capital, The Related | casinos and resorts, | ||
Companies, Providence | announced in March 2006. | ||
Equity Partners | |||
GMAC Commercial | $9bn | Kohlberg Kravis Roberts, | Purchase of the commercial |
Holding Corp | Goldman Sachs, Five Mile | mortgage division of GMAC, | |
Capital | completed in March 2006. |