 From its offices in Los Angeles, CA, and Paris, France, the firm seeks to acquire change-intensive and underperforming businesses ripe for transformation.To date, the firm has completed more than 30 transactions and has acquired more than $8 billion in gross consolidated revenues.The firm and its founder are best known for their acquisition of TV Guide Magazine in December 2008, and the publication's turn to profitability in the first quarter of 2010.