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

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...