Week in Review: Secondaries, LPs, and Holding Companies

Despite the Christmas holiday this week, middle market M&A was surprisingly active. With just a few days left in 2013, dealmakers are probably rushing to finalize the last few terms of any deal near the finish line. For those of you out of pocket this week, here are a few important stories:

Opinions:

• Secondary volume estimates vary widely
• When do fund managers deserve coal in their stockings?
• Bank M&A could be stuck in limbo in 2014
• Why older technology companies may attempt desperate deals
• The funds LPs loved in 2013
• Why business investment is exploding
• Banks’ suit tests limits of resisting Volcker Rule
• Holding companies: Benefits & costs for private equity investors

Transactions:

• Roark Capital picks up CKE
• PE-backed Quality Solutions acquires National Services
• KKR acquires stake in Torq for $235 million
• Snap Fitness seeks private equity sale
• Skyview Capital sells Headsprout to Learning A-Z
• Boulder Brands buys EVOL Foods for $48 million
• Yukon Partners invests in Accelecare Wound Centers
• RCF closes $50 million loan to Avanti Mining