Silver Lake, TPG May Take Dell Private

Jan 15 2013 | 1:30pm ET

Two top private equity firms are in talks to take computer-maker Dell Inc. private.

Silver Lake Partners and TPG Capital have been in talks with Round Rock, Texas-based Dell for the past two or three months. The conversations are "serious" and a deal would likely come within six weeks.

Dell, which went public a quarter-century ago, has seen its shares slump for several years. The company has seen several private equity approaches in recent years.

JPMorgan Chase is involved in the talks. Both Silver Lake and TPG could be part of a bidding group, and a pension fund could join them, The Wall Street Journal reports.

Dell founder Michael Dell retook the reins at the company five years ago. Dell, whose MSD Capital runs a hedge fund, could win greater flexibility and maneuverability if his company was privately-owned; Dell's profits fell almost 50% in its most recent fiscal quarter.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...