Bain Capital News

Mumbai, May 17: HeidelbergCement is said to be in talks with private equity players to offload a minority stake in its Indian unit.

Onex Corp has called off its auction of medical imaging firm Carestream Health Inc after failing to find a buyer that was willing to meet its price expectation of as much as $3.5 billion, three people familiar with the matter said this week.

Bain Capital LLC has emerged as the last party standing in the race for Yankee Candle Co Inc, three people familiar with the matter said, making it likely that the largest scented candle maker in the United States will stay in private equity hands.

Contract research organization Quintiles made its return to the market last week with a nearly $950 million IPO.

Private equity firm Bain Capital has agreed to buy German clutch systems maker FTE automotive from PAI Partners, the companies said on Monday.

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The $6.8 billion buyout of BMC Software by a group lead by Bain Capital and Golden Gate Capital and Inergy Midstream's $2.3 billion purchase of Crestwood Midstream Partners pushed the volume of US domestic M&A activity to $303.5 billion for year-to-date 2013, a 60% increase compared to last year at this time.

Drug researcher Quintiles Transnational Holdings raised a more-than planned $947 million in its IPO, the latest listing from a private equity-backed company as record highs for U.S. stocks encourage more exits from investments, Reuters reported.

BMC Software has signed a definitive agreement to be acquired by a private investor group led by Bain Capital and Golden Gate Capital together with GIC Special Investments Pte and Insight Venture Partners .

Drug researcher Quintiles Transnational Holdings raised $947.4 million in its initial public offering on Wednesday night by pricing 20 percent more shares than expected at the high end of the range.

Bain Capital and other private-equity firms are discussing the purchase of Compuware, according to the Wall Street Journal, which cites unnamed sources familiar with the matter.

"When you think of IT in general, things have become more mobile and more virtual and cloud-based. I think almost every management tool out there, including BMC's, was built more for a world where IT infrastructure was static and physical," said analyst Zeus Kerravala.

Twitter is hiring nine positions in Boston, including a human resources manager to oversee a new Boston office, according to Twitter's job openings page.

Reuters had reported on Sunday that the deal was imminent. ** Canadian private equity company Onex Corp said it will buy TV ratings firm Nielsen Holdings N.V.'s expositions business for $950 million in cash.

BMC has agreed to be acquired by a private investment consortium headed by Bain Capital and Golden Capital, in a deal worth about US$6.9 billion.

Bain Capital LLC and Golden Gate Capital agreed to acquire BMC Software Inc., a struggling technology provider that failed to find a buyer last year, for $6.9 billion in the third-largest private-equity deal of 2013.

Business software maker BMC Software Inc said on Monday it agreed to be acquired by a private equity group led by Bain Capital and Golden Gate Capital Corp for about $6.9 billion.

Shares of BMC Software climbed before the opening bell on new reports that a team of private equity firms may attempt to buy the information technology company as soon as Monday.

* JPMorgan may buy $150 million stake in India's Diligent Power, the Economic Times reported, citing three persons with knowledge of the development.

BMC Software is nearing a deal to announce a sale to Bain Capital and Golden Gate, two people familiar with the matter told Reuters on Sunday.