On the auction block: Getty Images could fetch $4B in private equity bid

gettyimages1

Getty Images, the Seattle digital image company led by Jonathan Klein, may be headed from the arms of one private equity firm to another. And the price tag is getting quite high. The Wall Street Journal reports that private equity firms KKR and TPG are among five bidders kicking the tires on the company, with… Read More…

Seattle private equity firm buys Thermal Dynamics

thermaldynamics

Evergreen Pacific Partners, a Seattle private equity firm with $700 million under management, has acquired Thermal Dynamics in a deal of undisclosed size. Based in Ontario, California, Thermal Dynamics is a maker of advanced heat exchangers for cars, trucks, motorcycles, and military equipment. The technology is used in power steering; automatic transmission; and hydraulic fan drive… Read More…

Bain Capital to buy Physio-Control from Medtronic for $487 million

lifepak1000-featured2

After 13 years under the umbrella of Medtronic, Redmond-based Physio-Control is getting a new corporate parent. It was announced this morning that the maker of defibrillators will be purchased by private equity firm Bain Capital for $487 million in cash. Physio-Control, which was founded more than 50 years ago and now has more than 650,000… Read More…