Topic: Thl Partners

THL agrees to $1.1bn inVentiv deal

US buy-out firm Thomas H. Lee Partners has agreed to buy Nasdaq-listed pharmaceutical services provider inVentiv Health Inc for $1.1bn. THL Partners will pay $26 per share for the public company, a 52 per cent premium over the $17.15 closing ...

Shareholder slams CKE Restaurants take-private

New York-based investment manager Porter Orlin has submitted a letter to CKE Restaurants Inc's board and management voicing strong dissatisfaction with private equity firm THL Partners' move to take the company private. THL in February announced a deal to buy CKE ...

CKE Restaurants: A Burger Bidding War

On Wednesday morning, CKE Restaurants (CKR) disclosed they were in talks with an alternative bidder than they expect should reasonably lead to a " CKE, which owns fast-food hamburger chains Hardee's and Carl's Jr., agreed to be acquired by the private ...
On Wednesday morning, CKE Restaurants disclosed that it was in talks with an alternative bidder which they expect should lead reasonably to a " superior proposal" to the $11.05 per share offered by Thomas H. Lee Partners in February. CKE, which owns ...
Carl's Jr. has always served some pretty good burgers. I'm not as fond of the Hardee's chain, which Carl's Jr. bought years ago to extend their menu and brand worldwide. The combined entity, known as CKE Restaurants (CKR ...
Nelson Peltz looked over CKR to see if he wanted to out bid THL Partners for the burger chain, but apparently didn't want to engage in a bidding war. CKR shareholders should do the same thing and vote their shares against ...

THL Partners sinks teeth into CKE Restaurants in $619m deal

Boston-based private equity firm Thomas H. Lee Partners has agreed to purchase CKE Restaurants Inc, owner of Carl's Jr. and Hardee's burger chains, for $619m. The deal values CKE at $11.05 per share, representing a 24 per cent premium ...
Bain Capital Partners and Thomas H. Lee Partners have filed complaints in the Supreme Court of the State of New York and the Texas State Court in Bexar County, Texas, against Citigroup, Morgan Stanley, Credit Suisse, The Royal Bank of Scotland, Deutsche ...
US private equity firm Thomas H. Lee Partners and H&Q Asia Pacific, a private equity firm that invests throughout the Asia Pacific region, will begin working in partnership to allow THL Partners' portfolio companies to locate expansion and outsourcing opportunities in ...