The chart below maps what The Deal's John Morris calls a new category of buyouts: The mega-take-private.
| New deal category: The mega-take-private |
| Agreed deals in the last 12 months |
|
Announced |
Target |
Buyers |
Deal value ($mill.) |
| Feb. 28 |
TXU Corp.
power company
|
Kohlberg Kravis Roberts & Co. and Texas Pacific Group |
45,000 |
| Nov. 20 |
Equity Office Properties Trust
office property |
Blackstone Group |
39,000 |
| April 2 |
First Data Corp.
debit and credit card processor |
Kohlberg Kravis Roberts & Co. |
29,000 |
| Nov. 16 |
Clear Channel Communications Inc.
broadcasting |
Thomas H. Lee Partners LP and Bain Capital Partners LLC |
27,400 |
| Dec. 19 |
Harrah's Entertainment Inc. |
Apollo Management LP and Texas Pacific Group |
25,700 |
| April 16 |
SLM Corp.
aka Sallie Mae; student loans |
J.C. Flowers & Co., Friedman Fleischer & Lowe LLC, J.P. Morgan Chase & Co. and Bank of America Corp. |
25,000 |
| May 29 |
Kinder Morgan Inc.
pipelines and energy storage |
Goldman Sachs Capital Partners, American International Group Inc., Carlyle Group and Riverstone Holdings LLC |
22,000 |
| Sept. 15 |
Freescale Semiconductor Inc.
specialized semiconductors |
Texas Pacific Group, Blackstone Group LP, Permira Advisers LLP and Carlyle Group |
18,800 |
| June 27 |
Univision Communications Inc.
broadcasting |
Saban Capital Group Inc., Madison Dearborn Partners LLC, Providence Equity Partners Inc., Texas Pacific Group, and Thomas H. Lee Partners LP |
13,700 |
Source: The Deal |
