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Going Back to the Well; Private equity firms are looking to past investments to provide some comfort in what is an otherwise prickly deal environment.

Publication: Mergers & Acquisitions: The Dealmaker's Journal
Publication Date: 01-FEB-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: Ken MacFadyen

The quest for certainty in an uncertain market has driven some deal pros to seek out pairings that have worked in the past.

In September, New York-based private equity firm ICV Capital Partners acquired specialty retailer Marshall Retail Group, re-uniting with a company that ICV sold only three years earlier. A similar scenario occurred in November, when New York-based Centre Partners took Canadian fish producer Connors Brothers private in a $600 million deal. The firm, in 2005, had exited its investment in Bumble Bee Tuna via a $385 million merger with Connors, a transaction that gave Centre a stake...

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