Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Suitors Are Lining Up to Buy Munder Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, August 30, 2013

Suitors Are Lining Up to Buy Munder

News summary by MFWire's editors

A number of suitors have lined up to buy Munder Capital [profile] from Crestview Partners, according to Jessica Toonkel at Reuters.

Toonkel reports that the suitors include the following private equity players: a partnership between the Blackstone Group and Advent International; Lightyear Capital, Genstar Capital and and Thoma Bravo.

The asset manager also eying Munder is Pacific Life Insurance, according to Toonkel.

The Reuters scribe reports that the deal could be valued up to $400 million. Bids are due by mid-September, Toonkel writes. She also reports that Goldman Sachs has been hired to handle the sale.

Crestview has owned Munder since 2006. News first broke that the PE firm was looking to sell the asset manager in June.

The Chicago PE shop has been active in the asset management space this year. In February, Crestview took part in a management buyout of Victory Capital.

In March, it was reported that Crestview was mulling a bid for Ridgeworth Capital[profile].  

Edited by: Tommy Fernandez


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use