Corporate
Aug. 24, 2006
In and Out: Firms at Both Ends of the Private Equity Pipeline
Two recent deals in California show companies at opposite ends of the private equity pipeline, one entering with high hopes and the other exiting to face grim reality.
Column
By Rick Kennedy
Two recent deals in California show companies at opposite ends of the private equity pipeline, one entering with high hopes and the other exiting to face grim reality.
Beverly Hills-based private equity firm Platinum Equity reeled in its biggest catch to date, finalizing its purchase of Textron Fastening Systems, a $1.8 billion division of Textron Inc., makers of Cessna aircraft and Bell...
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