3 Big Names in Private Equity Are After This Company

3 Big Names in Private Equity Are After This Company

J.C. Flowers & Co., CVC Capital Partners, and Cerberus Capital Management have all put out bids on GE’s French banking division, GE Money Bank, which is worth about $6.6 billion. According to Reuters, the deal could be finalized as early as the next few weeks,...
Genstar and Aquiline Acquire Ascensus

Genstar and Aquiline Acquire Ascensus

After a period of rigorous bidding, Genstar Capital and Aquiline Capital Partners have jointly entered an agreement with J.C. Flowers & Co. to buy Ascensus, Inc. Ascensus is the leading independent provider of retirement and college savings plans in the US—it...
Ascensus Auction Goes into Final Round

Ascensus Auction Goes into Final Round

Ascensus, an independent retirement and college savings service put up for sale by private investment firm J.C. Flowers & Co. back in May, is at last reaching the end of its bidding war, with a new owner in sight. But who will that owner be, and what exactly will...
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