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private equity


NEW YORK, March 21, 2022–(BUSINESS WIRE)–White Oak Global Advisors, LLC, (“White Oak”) announced that it has provided a $40 million term loan to Solace Capital Partners to support its acquisition of Sun Mountain Sports. Additionally, White Oak Commercial Finance, LLC, a subsidiary of WOGA, provided a $10 million ABL credit revolver to help meet Sun …

Read the headlines from Wednesday, March 16, 2022 below: Global banks launch syndicated loans platform Versana Leading global banks seek to digitally transform the syndicated loan market with the launch of Versana, a platform that will connect banks, institutional lenders and service providers to promote efficiency and. Transparency. Co-founded by JP Morgan, Bank of America, …

Polyethylene (PE) and polypropylene (PP) prices hit new highs for the year last week, before PP lost a dime on Friday. Processors continued to seek materials both for immediate use and to fill inventory during this volatile geopolitical and economic time, the Plastics Exchange reported in its market update. The mini-feeding frenzy appeared to cool …

Three decades ago, Jonathan Gray might have been an unlikely candidate to become Blackstone’s chairman and expected successor to its chief executive, Stephen A. Schwarzman. Very little of Mr. Gray’s career at the private equity firm has involved leveraged buyouts – the aggressive deals, often involving large amounts of borrowed money and sharp cost-cutting, that …

Intermediate Capital Group plc (LON:ICP – Get a rating) insider Amy Schioldager bought 10,000 shares of the company in a trade dated Thursday, February 24. The shares were acquired at an average price of 1,717 GBX ($23.35) per share, for a total transaction of £171,700 ($233,510.13). Intermediate Capital Group Actions opened at GBX 1,669 ($22.70) …

CHICAGO–(BUSINESS WIRE)–Oral Surgery Partners (“OSP”), an established and rapidly growing oral surgery group backed by Sheridan Capital Partners, today announced partnerships with Oral and Facial Surgery Associates, West Texas Oral and Facial Surgery , William Paul DDS, Valley Oral and Facial Surgery, Show-Me Oral Surgery and Dental Implants, Piedmont Oral Surgery and Summerville Oral Surgery. …

Apollo Global Management has invested $1.4 billion in Abu Dhabi-based Aldar Properties as private equity continues to bet big on the property sector. The agreement is broken down into four distinct parts: A $500 million investment in a land joint venture A $500 million investment of perpetual subordinated notes issued by Aldar Investment Properties A …

WEST PALM BEACH, Fla., Feb. 11 10, 2022 (GLOBE NEWSWIRE) — Comvest Credit Partners (“Comvest”), a leading provider of flexible financing solutions for middle market companies, is pleased to announce that it has acted as Agent in the upgrade of its existing senior secured credit facility (the “Funding”), to CareVet, LLC (“CareVet”), a leading operator …

WASHINGTON, Feb 9 (Reuters) – The U.S. Securities and Exchange Commission (SEC) voted on Wednesday to propose strengthened regulations to control how private fund advisers charge fees to investors and measure fund performance. . The rule changes, which must undergo public consultation before they can be adopted, would require advisers to private funds, such as …

More history as a listed company is often the best reason to wait a year or two before investing in an IPO. At that time, the company released multiple sets of accounts and complied with ASX listing rules and governance expectations. Investors no longer need to rely on pro forma accounts in IPO prospectuses, which …

SECURITIES Leveraged loan technology and IT-related emissions in Western and Southern Europe nearly doubled from pre-pandemic annual levels to €19.9 billion by the end of 2021 Issuance of high-yield tech and IT-related bonds in the region hit an all-time high of €7.3 billion by the end of 2021 Seed debt issuance in Europe had already …

NEW YORK and LONDON, January 25, 2022 /PRNewswire/ — Dechert LLP has been recognized as one of the top law firms for private equity transactions by Merger market in 2021. In a year that Dechert advised on some of the private equity industry’s largest and most complex transactions, the firm performed well in the report …

ROSEMONT, Ill.–(BUSINESS WIRE)–January 20, 2022– Appvion, LLC (“Appvion”), a portfolio company of Wynnchurch Capital, LP (“Wynnchurch”), today announced the appointment of Laurie D. Andriate as CEO, succeeding George Wurtz upon his retirement. Prior to joining Appvion, Laurie led the global coatings, sealants and coatings business unit of Henkel AG & Co., which focused on metal …

It’s official. Car washes have joined the ranks of Mexican restaurants, mattress shops and Legends Bar & Grill locations, with each new one bringing groans from those curious about the latest in local development. However, car washes aren’t just all the rage in Acadiana. Their construction has exploded across the country over the past decade. …

Blue Pool Capital, the Hong Kong-based family office of Alibaba co-founder Joseph Tsai, has not allocated a specific amount for ESG investing because it believes the market is still at a “super early” stage. and is prone to hype and greenwashing, a senior official said on Tuesday. Concerns about liquidity and market depth also mean …

NEW YORK, January 11, 2022 / PRNewswire / – Grant Avenue Capital, LLC, www.GrantAve.com, a healthcare-focused private equity firm, today announced that Howard Gold and Samantha bonano have joined the company’s advisory board, which is made up of innovative healthcare executives. “Howard and Samantha are each seasoned healthcare leaders who will bring their significant experience …

HCA Health, Inc. HCA recently announced the acquisition of MD Now Urgent Care from Los Angeles-based private equity firm Brentwood Associates. The transaction was closed at the end of 2021. Financial details of the deal have not yet been disclosed. The MD Now acquisition added 59 Florida emergency care centers to the HCA Healthcare portfolio. …

Private equity bet big on software companies in 2021, but Thoma Bravo outperformed all other companies in netting five of the industry’s 10 largest global buyouts, with a combined value of $ 30.65 billion, according to data from PitchBook. The tech-focused firm, reportedly targeting $ 22 billion for its next flagship fund, also paved the …

Alaris Equity Partners Income Trust (AD.UN) (TSE: AD.UN) announced a quarterly dividend on Thursday, December 30, TickerTech reports. Shareholders of record on Monday January 17 will receive a dividend of 0.33 per share on Monday January 17. This represents a dividend of $ 1.32 on an annualized basis and a yield of 6.85%. The ex-dividend …

By taking the opposite approach, Wilmot H. Kidd III has built up one of the best long term track records in the history of investing. Over the past 20 years, Mr. Kidd’s Central Securities Corp., a closed-end fund, has outperformed Berkshire Hathaway Inc. from Warren Buffett. In the 25, 30, 40 and even nearly 50 …

DETROIT, December 10, 2021 / PRNewswire / – Leading Lower Middle Market Private Equity Firm Huron Capital Partners (“Huron Capital”) announced today that Aquamar Holdings (“Aquamar”) has acquired Brilliant Ocean, Inc. (“Brilliant Ocean”). The transaction significantly increases the scale of the platform and further diversifies its offerings in the seafood market. “We are delighted to …

Founded by Tim leonard, Michael Shide, and Michelle porter in 2010, Select is a recognized provider of patient-centered home health and private home care services. Additional information on Select is available at www.SelectHHS.com. This transaction marks Fortis’s expansion into the Midwest region and is another example of the company’s flexible and partner-based approach to acquisitions. …

Starbucks, the mega-chain of retail coffee shops, operates almost 9,000 company-owned stores in the United States, and none of them are currently unionized. But that could all change in a matter of weeks. Starbucks employees at three stores in the Buffalo, New York area are currently voting on whether to unionize, with the NLRB due …

ROANOKE, Va .– (BUSINESS WIRE) – November 22, 2021– Godspeed Capital Management LP (“Godspeed Capital”), a private equity firm specializing in defense and government mid-market services, solutions and technology, today announced the successful acquisition of Ascent Engineering Group, Inc. (“Ascent” or the “Company”), an engineering and consulting company specializing in the engineering and design of …

Private equity firms Bain Capital and Hellman & Friedman LLC are set to close a deal to acquire health technology firm Athenahealth Inc. for around $ 17 billion including debt, people familiar with the matter say , in the latest in a series of large-scale operations. leveraged buyouts. A deal for Athenahealth could be done …

Alternative investment giant Carlyle Group is reportedly considering entering the market in early 2022 to raise its sixth flagship fund in Asia, according to a report by Private Equity International. Sources cited in the report said the US-based private equity firm could seek between $ 8 billion and $ 10 billion for the sixth fund, …

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations Cautionary Notice about Forward-Looking Statements and Other Terms From time to time we have made, and in the future will make, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the …

WASHINGTON, October 27, 2021 / PRNewswire / – The Halifax Group (“Halifax“), a leading private equity firm that partners with management to invest in lower-middle-market companies, today announced that the company has signed up with Charles Alutto as an operational framework. In this role, Mr. Alutto will help the company assess specific investment opportunities, validate …

Evercore ISI analyst John Pancari maintained a buy rating on Ally Financial (NYSE 🙂 on Friday, setting a price target of $ 58, or about 14.40% above the current price of the share of $ 50.7. Pancari expects Ally Financial to post earnings per share (EPS) of $ 1.90 for the fourth quarter of 2021. …

Posted: October 13, 2021 at 5:00 a.m. MDT|Update: 1 hour ago SANTA MONICA, California and HOUSTON, October 13, 2021 / PRNewswire / – symplr®, a leader in corporate healthcare operations, including governance, risk management and compliance (“GRC”) SaaS solutions, backed by Clearlake Capital Group, LP (along with its subsidiaries, “Clearlake“) and Charlesbank Capital Partners (and …

This is an audio transcript of the FT News Briefing podcast episode: How Elon Musk’s New Rocket Could Transform the Space Race Lauren FedorHello from the Financial Times. Today is Tuesday October 12th, and this is your FT News Briefing. [MUSIC PLAYING] Oil prices keep on rising. And two of the most famous names in …

October 10 – JANESVILLE – A Janesville-born company that was for years the nation’s largest player in waste oil fired ovens is now owned by a St. Louis private equity firm. Rock Energy Systems, a maker of specialty ovens designed to burn used vehicle oil, was acquired last month by WILsquare Capital, a private equity …

Two attorneys from global law firm Greenberg Traurig, LLP were named “Lawyer of the Year” at Euromoney Legal Media Group’s annual “Women in Business Law Awards Americas”. NEW YORK (PRWEB) October 09, 2021 Two attorneys from global law firm Greenberg Traurig, LLP were named “Lawyer of the Year” at Euromoney Legal Media Group’s annual “Women …

Despite the Covid-19 outbreak in 2020, India’s private equity and venture capital (PE-VC) industry has remained resilient. VC is arguably the most notable asset class this year for India, said an IVCA-Preqin fact sheet, launched as part of the Indian Private Equity and Venture Capital Association (IVCA ) of the Maximum India Conclave (MIC). Private …

CONSHOHOCKEN, Pa .– (COMMERCIAL THREAD) –Rosemont, a private investor in employee-owned asset and wealth management companies, announces it has entered into a definitive agreement, subject to regulatory approval, to sell Rosemont Partners III, LP’s minority stake in Clearstead to Flexpoint Ford. Rosemont’s 2017 investment in Clearstead has been instrumental in accelerating a capital succession plan, …

What’s next for Taiwanese banks and businesses? The severe impact of the COVID-19 pandemic on the global economy continued through 2020 and 2021, and the Asia-Pacific region (APAC) was no exception. Despite the many current challenges, justified optimism and robust business activity exists in the APAC lending markets, particularly in certain regions and types of …

Vortex Energy will inject more than 625 million euros through its new Vortex Energy IV fund and its co-investors in Ignis via a series of capital injections, which will be rolled out over the next few years under certain conditions. This will allow Ignis to fund its growth plans and transform into a fully integrated …

Biotech buyouts come and go, and space has been in ebb mode for some time now. But RBC Capital Markets is seeing a revival. Mergers and Acquisitions (M&A) will be strong as large pharmaceutical companies seek to rebuild their innovation portfolios with cutting edge small business science, predicts Brian Abrahams, RBC CEO and co-head of …

A US buyout group backed by former Tesco chief Sir Terry Leahy is set to take control of Morrisons supermarket after winning a shootout for the grocer on Saturday with a £ 7bn offer. Clayton, Dubilier and Rice (CD&R) triumphed with a 287 pence share offer – winning a single penny – after being pitted …

Loren Steffy, UH energy researcher CULVER CITY, CA – APRIL 25: Oil rigs extract oil as crude oil price nearly hits … [+] $ 120 a barrel, prompting oil companies to reopen many wells across the country that were considered depleted and unprofitable decades ago when oil sold for one-fifth the price or less on …

PHILADELPHIA CREAM, September 30, 2021 / PRNewswire / – 1315 Capital, a Philadelphia creamGrowth healthcare venture capital firm that invests in commercial-stage companies in healthcare, medical devices, and therapeutic / pharmaceutical services, has acquired a controlling stake in Homestead Smart Health Plans (“Homestead “), one of the fastest growing organizations in the pricing solutions market. …

Trends in the financial institution mergers and acquisitions sector: specialist finance / market lending – H1 2021 and outlook for H2 2021 M&A levels fell in the first half of 2021. As institutional banks supported commercial and B2B financing platforms and venture capital supported P2P financing, SME and treasury disruptors, the two categories of investors …

© Reuters. Capital Southwest adds capital to your portfolio I’m bullish on South-West capital Corp. shares (NASDAQ :). Capital Southwest is a business development company (BDC) focused on middle market lending and credit. The US government created the BDCs in 1980. Essentially, BDCs charge high interest rates, make riskier loans, and charge substantial origination fees …

CLEVELAND, OHIO – September 28, 2021 – Stratus, a leading brand installation and implementation services company, today announced the acquisition of Chicago-area-based MLE Brand Services , creating a company of over $ 325 million with nearly 850 employees in the United States. The newly combined Stratus and MLE facility service offerings cover the full lifecycle …

SEOUL (BLOOMBERG) – In the financial world, LBOs are sometimes seen as controversial – the realm of fictional villain Gordon Gekko of “Wall Street” – where companies borrow large sums of money to buy their targets. But Kyungsun Chung, a grandson of Hyundai Motor empire founder Chung Ju Yung, hopes to combine leveraged buyouts with …

This is an excerpt from Deal Flow, Forbes’ daily newsletter on Big Buyouts, Big Mergers, and the rest of Big Finance. Want a new edition in your inbox every afternoon? Subscribe here. We haven’t exactly missed huge mergers so far in 2021. AT&T announced its intention to combine its WarnerMedia unit with Discovery in a …

Editor’s Note: Authors Brad Ives, William Pleasant, and Tom Goodrum are the co-founders of Triangle-based Credo Solutions ESG Inc which helps private companies and private equity firms integrate, monitor and improve ESG practices. RALEIGH – North Carolina saw a 29% increase in the number of new businesses formed in 2020, compared to 2019, according to …

MUMBAI : The private equity debt financing market has seen a significant shift in recent months, with private equity firms making larger acquisitions, with valuations steadily rising since last year. In an interaction with mint, Shantanu Sahai, Managing Director and Head of Debt at Nomura, explained how the Japanese investment bank is stepping up its …

Wilton’s Commonfund Capital has closed its third global private equity fund, Common fund Capital Global Private Equity Partners III LP, at $ 236.6 million. The fund benefited from strong participation from existing limited partners as well as a number of new investors; limited partners included pensions, foundations, endowments, insurance companies, family offices and sophisticated clients …

Indian indices scaled fresh highs on Friday. Asian stocks and US equity futures also edged up as traders evaluated the resilience of the global recovery to the prospect of reduced Federal Reserve stimulus. 17 Sep 2021, 12:14:41 PM IST Sensex off highs, holding above 59,000 listElement-graph-11631861078773-1 listElement-graph-11631861078773-1 17 Sep 2021, 12:00:56 PM IST Nifty Bank …

The Charging Bull or Wall Street Bull is pictured in the Manhattan neighborhood of New York, New York, United States, January 16, 2019. REUTERS / Carlo Allegri / File Photo / File Photo / File Photo Sept. 16 (Reuters) – Warburg Pincus LLC is seeking to raise $ 16 billion from investors for its latest …

Trinity Industries, Inc. (NYSE: TRN, Financial) (“Trinity”) today announced the addition of Jason G. Anderson to its board of directors and the resignation of Brandon B. Boze from the board, both effective as of today. Like Mr. Boze, Mr. Anderson is a member of the ValueAct Capital investment team. Mr. Anderson will also be a …

The Alibaba founder’s sprawling home in Hangzhou, Jack Ma’s hometown, has its own food supply in the National Wetlands Park. However, this resort is only one of the city’s vast lots that it owns. “Its nickname is ‘half of Massachusetts’,” said a retired government official in a 10-yard town who has worked with Alibaba for …

VTex was valued at $ 3.5 billion in a public listing last month after its executives and bankers courted investors in more than 50 meetings. Instead of traveling thousands of air miles and checking in at glitzy hotels, the Brazilian tech group’s marketing blitz relied on a less flashy solution: videoconferencing. Roadshows, once a feature …

As start and end-of-cycle indicators clash, analysts at Neuberger Berman suggest investors are turning to private debt – senior loans to privately backed companies. According to a report co-managers of private credit at the management company, Susan Kasser and David Lyon, investors are faced with a central paradox of the market. Early stage forecasts show …

SAN FRANCISCO & MINNEAPOLIS – (BUSINESS WIRE) – August 9, 2021– Flynn Properties Inc. (“Flynn”), owner of selected commercial buildings, luxury resorts and service hotels in America and abroad, in a joint venture with Värde Partners, an alternative investment company global leader, today announced that it has acquired 20 of the selected service hotels – …

A pro-Israel PAC with ties to the American Israel Public Affairs Committee (AIPAC) spends big to defeat progressive candidate Nina Turner in a special Ohio Democratic primary election for a seat in the State House of Representatives United representing a safe blue district. The Democratic Majority for Israel (DMFI) spent $ 738,000 to oppose Turner …

Wall Street brokers expect Apollo Global Management, Inc. (NYSE: APO) to report sales of $ 515.83 million for the current fiscal quarter, Zack reports. Two analysts provided earnings estimates for Apollo Global Management. The lowest sales estimate is $ 513.96 million and the highest is $ 517.70 million. Apollo Global Management reported sales of $ …

The Blackstone Group Inc. with ticker code (BX) now have 13 analysts covering the stock. Analyst consensus indicates a “Buy” rating. The range between the high target price and the low target price is between 108 and 79 by calculating the average target price that we have 95.23. Now, with the previous closing price of …

For-profit insurance companies have long been seen as the ultimate culprits of medical windfall. However, they are distracting from the unscrupulous involvement of private equity (PE) in medicine, an equally culpable and even more insidious economic titan. PE is a unique, unregulated investment platform with the goal of aggressively generating short-term income for the company …

The Carlyle Group Inc. (NASDAQ: CG) – Piper Sandler analysts lifted their FY2021 EPS estimates for shares of The Carlyle Group in a report released on Monday, July 12. Piper Sandler analyst S. Mody now predicts the financial services provider will post earnings of $ 2.33 per share for the year, up from its previous …

The Fortress deal was backed by Morrisons’ board of directors but must be approved by 75% of shareholders as well as competition regulators. New York-based Fortress, which manages $ 53 billion in assets, has pledged not to embark on any “major” sale-leaseback exercise of Morrisons stores or warehouses. Managing partner Josh Pack sent a letter …

The Blackstone Group Inc. found using ticker (BX) now have 13 total analysts covering the stock. The consensus rating is “Buy”. The target price varies between 108 and 79 by calculating the average target price that we have 95.23. With the stock’s previous close at 97.11, this indicates that there is a potential decline of …

Carlyle Group Inc.’s (NASDAQ: CG) major shareholder, Carlyle Group Management LLC, sold 70,193 shares of the company in a trade on Wednesday, June 30. The stock was sold at an average price of $ 52.44, for a total trade of $ 3,680,920.92. The sale was disclosed in a legal file with the Securities & Exchange …

Wall Street analysts expect KKR & Co. Inc. (NYSE: KKR) to post sales of $ 653.00 million for the current fiscal quarter, Zacks reports. Two analysts provided earnings estimates for KKR & Co. Inc., with the lower sales estimate at $ 645.60 million and the higher estimate at $ 660.40 million. KKR & Co. Inc. …

A relentless global frenzy of deals totaling nearly $ 60 billion takes stock of KKR & Co.’s leadership – and a pause. When the pandemic struck, soon after Philippe Freise and Mattia Caprioli took over new roles in Europe, the buyout company began deploying as much capital as possible while most of its rivals held …

New private equity fund founded to close the racial wealth gap through creation of employee-owned businesses, announced a first close on Wednesday with the backing of investments from major foundations including Ford, Rockefeller and Skoll . Apis & Heritage Capital Partners (A&H), a Washington, DC-based company run primarily by Black, Indigenous, and Colored (BIPOC) professionals, …

An attempt by private equity firm Clayton, Dubilier & Rice to take over Wm Morrison’s supermarket chain would, if successful, be one of the biggest UK corporate takeovers since the 2008 crisis. It would also end a frenzied six-month period in which private equity traders announced offers for the fastest-paced UK-listed companies in more than …

Intermediate capital group (LON: ICP)Citigroup Inc. stock reiterated its “buy” rating by stock analysts at Citigroup Inc. 3% Russell-based minimum coupon protected in a report released Thursday, Analyst Rating Network reports. They currently have a GBX 2,534 ($ 33.11) price target on the stock. Citigroup Inc. A minimum 3% capital protected coupon based on Russell’s …

The Blackstone Group Inc. with ticker code (BX) now have 13 analysts covering the stock. Analyst consensus indicates a “Buy” rating. The range between the high target price and the low target price is between 102 and 77 and has an average target of 92.54. Now, with the previous closing price of 93.66, that would …

Asset managers who buy stakes in other managers – transactions commonly referred to as GP stakes – have grown in number and size over the years, but limited partners have not always viewed these transactions positively. New data may be able to dispel some “stale” ideas about what happens when general partners sell stakes in …

LONDON • The Abu Dhabi Investment Authority joins one of the biggest debt buyouts of all time, investing around US $ 1 billion (S $ 1.3 billion) alongside a consortium that acquires the company from medical supplies Medline Industries. The world’s third-largest fortune fund, known as Adia, will support the takeover of Medline by Blackstone …

Equity research analysts expect KKR & Co. Inc. (NYSE: KKR) to report earnings per share of $ 0.79 for the current quarter, Zacks investment research reports. Two analysts estimated the earnings of KKR & Co. Inc. The highest EPS estimate is $ 0.89 and the lowest is $ 0.72. KKR & Co. Inc. posted earnings …

Home appliance company Candes Technology Pvt Ltd said it had raised $ 3 million (Rs 21.9 crore) with funding led by Anuraag and Ruchirans Jaipuria and other family offices. Investors include Lotus Group Deputy Managing Director Nitin Passi and Dheeraj Jai of Redcliffe, the company said in a statement. Candes, which focuses on products such …

The Carlyle Group Inc. found using ticker (CG) now have 13 analysts covering the stock. Analyst consensus indicates a “Buy” rating. The target price varies between 51 and 42 by calculating the average target price that we have 47.88. With the stock’s previous close at 43.32, this indicates that there is upside potential of 10.5%. …

June 7, 2021 – After an exhaustive search, Korn Ferry helped place Ray Joseph, vice chairman of Wilshire Associates, as the new investment manager of the $ 30 billion Los Angeles Fire and Police Pensions (LAFPP). Michael Kennedy, the client’s senior partner, led the assignment for the research firm. As of June 14, Mr. Joseph …

The average time for Israeli tech companies to become so-called unicorns – or businesses worth over $ 1 billion – has halved over the past decade, new data shows. According to a report by Catalyst Investments, it took an average of six years for Israeli companies created after 2008 to reach a valuation of $ …

A group of private equity firms have reached a deal to acquire Medline Industries Inc. that would value the medical supplies company more than $ 30 billion, in one of the largest debt buyouts since the financial crisis. The Wall Street Journal reported earlier on Saturday that the group was close to a deal after …

The summary of unlisted assets Infrastructure investments provide capital to develop or maintain assets that are essential services or facilities such as airports, toll roads, ports, telecommunications, water, sewers and electric utilities. These assets are considered essential services in developed countries and can improve the standard of living and the economic potential of developing countries. …

In an excerpt from his new book, Ages of American Capitalism, economic historian Jonathan Levy explains how “the financiers blew up post-war industrial society and dethroned the post-war ruling class.” Editor’s Note: The current debate in economics seems to lack historical perspective. To try to fill this gap, we decided to launch a Sunday column …