Posts filtered by tags: New Mountain[x]
Stadiums have been empty. Here's why Sixth Street is making a big bet on Legends, the company behind the New York Yankees and Dallas Cowboys luxury suites.January 13, 2021 at 6:06 PM Dallas Cowboys owner Jerry Jones is a cofounder of Legends.
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Sixth Street, a $50 billion global investment firm, made a majority investment in Legends, the hospitality management company launched by the owners of the New York Yankees and Dallas Cowboys.
Sixth Street will join the partnership group alongside Legends cofounders Jerry Jones and Hal Steinbrenner.
Legends is known for its luxury suites at sports and entertainment venues, including working with the New York Yankees...Tags: London, Trends, Dallas Cowboys, Real Madrid, Airbnb, Goldman Sachs, Yankees, Wall Street Journal, New York Yankees, Silver Lake, Reuters, Steinbrenner, Hal Steinbrenner, Jerry Jones, New Mountain Capital LLC, New Mountain 109 people like this. Like New Mountain’s Western Dental returns to auction blockNovember 26, 2019 at 8:00 PM New Mountain Capital’s Western Dental & Orthodontics has returned to the auction block, according to several people familiar with the matter.
Goldman Sachs and Deutsche Bank are advising on the sales process, the people said, one of whom said the process is exclusively targeting financial sponsors.
Management presentations have occurred and the process is in its second rounds, some of the people said.
While the process remains in its early stages, sources speculated sellers could fetch an Ebitda...Tags: New York, California, San Francisco, Trends, Switzerland, Deutsche Bank, Goldman Sachs, KKR, Medicaid, Jefferies, Crowley, EBITDA, Moody, Moelis, Daniel Crowley, Audax Private Equity 3 people like this. Like New Mountain-backed TRC buys LM-DESNovember 19, 2019 at 10:52 AM TRC Companies, which is backed by New Mountain Capital, has acquired Rockville, Maryland-based Lockheed Martin Distributed Energy Solutions, a provider of distributed energy solutions. No financial terms were disclosed. Macquarie Capital was financial adviser to TRC on the transaction.
PRESS RELEASE
LOWELL, MASS. (PRWEB) NOVEMBER 19, 2019
TRC Companies (“TRC”), a leading technology-enabled provider of end-to-end engineering, consulting and construction management solutions, has expanded its util...Tags: New York, Trends, M&a, New England, Twitter Linkedin, Macquarie Capital, Rockville Maryland, TRC, Advanced Energy, PRWEB, New Mountain, Chris Vincze, Jim Mayer, ENR, United States Learn, Energy/Power 1 people like this. Like New Mountain invests in W2OMay 29, 2019 at 12:59 PM New Mountain Capital has made an investment in W2O, a provider of digital-first marketing communications to the healthcare sector. No financial terms were disclosed. As a result of the transaction, Mountaingate Capital is exiting W2O.
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SAN FRANCISCO–(BUSINESS WIRE)–W2O, the leading independent provider of analytics-driven, digital-first marketing communications to the healthcare sector, today announced it has partnered with New Mountain Capital to accelerate continued growth and sca...Tags: Europe, New York, San Francisco, Trends, United States, Healthcare, Denver, Jim, Matt Holt, Weiss, Gottlieb, Houlihan Lokey, PE Deals, New Mountain, Bruce Rogers, New Mountain Capital 14 people like this. Like New Mountain net lease real estate fund raises $533 mlnApril 11, 2019 at 7:21 AM New Mountain Capital LLC said April 11 that its first net lease real estate fund closed on $533 million of equity capital commitments, including $447 million of third-party limited partner commitments and approximately $86 million from the GP. The target of New Mountain Net Lease Partners LP was $300 million to $350 million.
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New Mountain Capital Announces $533 Million Net Lease Real Estate Fund
New Mountain’s First Net Lease Fund Surpasses Fundraising Target
NEW YORK–(BUSINESS WIRE...Tags: New York, Trends, Funds, NMFC, New Mountain Capital LLC, Teddy Kaplan, New Mountain, New Mountain Finance Corporation NYSE, Steve Klinsky, Limited Partners, New Mountain Net Lease Partners LP, NMNLP New Mountain, NMNLP, New Mountain Net Lease Corporation, New Mountain Capital Any 32 people like this. Like PE-backed Gelest recruits Whitlock as COOApril 9, 2019 at 1:09 PM Gelest Inc, which is backed by New Mountain Capital, has named Jim Whitlock as chief operations officer. Previously, he worked at Honeywell where he was vice president of integrated supply chain for their performance materials and technology business group. Morrisville, Pennsylvania-based Gelest is a maker of supplier of silicones, organosilanes and metal-organics for advanced technology end markets.
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MORRISVILLE, Pa. (April 9, 2019) – Gelest Inc., a leading innovator in materials s...Tags: New York, Trends, People, Case, Honeywell, Jim, Morrisville, Whitlock, PE, Morrisville Pennsylvania, New Mountain, New Mountain Capital, About New Mountain Capital New Mountain Capital, Gelest Inc, Gelest, Ken Gayer 34 people like this. Like PE-backed Signify Health buys health tech startup TAVHealthMarch 15, 2019 at 3:44 PM Signify Health, a portfolio company of New Mountain Capital, has acquired TAVHealth, a health tech startup. No financial terms were disclosed. Robert W. Baird & Co provided financial advice to TAVHealth on the transaction.
PRESS RELEASE
DALLAS, March 15, 2019 /PRNewswire/ — Signify Health, a leading provider of technology-enabled, in-home care and complex care management services announced today that it has acquired TAVHealth, a leading platform for collaborating with risk-bearing and community-...Tags: New York, Trends, Healthcare, M&a, Dallas Texas, Medicare Advantage, Matt Holt, Robert W Baird Co, PE, New Mountain, Social Determinants of Health, New Mountain Capital, SDOH, Signify Health, Kyle Armbrester, Jamo Rubin 18 people like this. Like How to Navigate Sundance Mountain ResortMarch 13, 2019 at 4:42 PM This post is part of a series on how to navigate a new ski area for the first time. For all of my general tips, read my first post, How to Navigate a New Mountain.
is known for a commitment to the environment, art and exceptional service. It’s stunningly beautiful both in winter and summer and I highly suggest adding it to your bucket list. Like any new mountain, it will take a little while to find your way around, but Sundance is easier to navigate than most. Here are my tips for enjoying al...Tags: Utah, Sport, Skiing, Ray, Sundance, Jake, Upper Village, Park City Mountain, New Mountain, Flathead, Bear Claw, Wild Flower, Lower Village, Upper Village Keep, Mountain Host Tour, Arrowhead Lift 97 people like this. Like PE-backed Gelest recruits Sobchak as CFOMarch 4, 2019 at 10:17 AM Morrisville, Pennsylvania-based Gelest Inc, a provider of silicones, organosilanes, and metal-organics for advanced technology end markets, has named John Sobchak as chief financial officer. His appointment is effective immediately. Previously, Sobchak was CFO at AMPAC FIne Chemicals. Gelest is backed by New Mountain Capital.
PRESS RELEASE
MORRISVILLE, Pa., March 4, 2019 /PRNewswire/ — Gelest Inc., a leading innovator in materials science and technology and a New Mountain Capital portfolio compa...Tags: New York, Trends, People, Case, John, Cfo, PE, Morrisville Pennsylvania, Cooper Union, Sobchak, New Mountain, New Mountain Capital, KMG Chemicals, AMPAC, About New Mountain Capital New Mountain Capital, Gelest Inc 24 people like this. Like PE-backed Topix buys skincare company ClarityRxFebruary 6, 2019 at 4:18 PM Topix, which is backed by New Mountain Capital, has acquired Newbury Park, California-based ClarityRx, a provider of skincare products. No financial terms were disclosed. Stubbs Alderton & Markiles LLP served as legal advice to ClarityRx on the deal while Lowenstein Sandler LLP did likewise for Topix and New Mountain Capital.
PRESS RELEASE
AMITYVILLE, N.Y. & NEWBURY PARK, Calif.–(BUSINESS WIRE)–Topix, an independent leader in skincare with a differentiated portfolio of clinically-proven products...Tags: New York, Trends, United States, M&a, Lowenstein Sandler, Newbury Park California, PE, LLP, Topix, New Mountain, New Mountain Capital, Consumer/Retail, Lowenstein Sandler LLP, Andre Moura, Stubbs Alderton Markiles LLP, Calif BUSINESS WIRE Topix 34 people like this. Like PE-backed Western Dental acquires Guardian’s DSOJanuary 2, 2019 at 11:49 AM Western Dental Services, which is backed by New Mountain Capital LLC, has acquired Guardian Life Insurance Company’s dental service organization. No financial terms were disclosed. Cain Brothers provided financial advice to Guardian on the transaction.
PRESS RELEASE
The Guardian Life Insurance Company (“Guardian” or the “Company”) has sold its Dental Service Organization (“DSO”) to Western Dental Services (“Western Dental”). Western Dental is a portfolio company of New Mountain Capital, LLC (“Ne...Tags: Texas, California, Alabama, Trends, Healthcare, M&a, DSO, Western U S, PE, KeyBanc Capital Markets, Cain Brothers, New Mountain Capital LLC, New Mountain, California Texas Arizona, Western Dental, Western Dental Services 26 people like this. Like New Mountain to invest in Remedy PartnersDecember 12, 2018 at 10:28 AM New Mountain Capital has agreed to make an investment in Norwalk, Connecticut-based Remedy Partners, a provider of software and services for health insurers and health care providers. No financial terms were disclosed.
PRESS RELEASE
NEW YORK–(BUSINESS WIRE)–Remedy Partners today announced it has entered into agreements securing an investment from New Mountain Capital, a leading private equity investment firm. The investment by New Mountain supports Remedy’s leadership role in the rapidly emergin...Tags: New York, Trends, Healthcare, Medicare, Matt Holt, Norwalk Connecticut, PE Deals, New Mountain, New Mountain Capital, Remedy Partners, BUSINESS WIRE Remedy Partners, Steve Wiggins Remedy 35 people like this. Like New Mountain and Vestar close on investment in IRIDecember 3, 2018 at 12:57 PM New Mountain Capital and Vestar Capital have jointly closed on an investment in Chicago-based Information Resources Inc, a provider of data and predictive analytics . No financial terms were disclosed. According to the terms of the deal, New Mountain and Vestar will jointly govern IRI. Also, Jeffrey Ansell, a senior adviser at Vestar and board member at IRI, will become chairman of IRI. New Mountain is a previous backer of IRI.
Correction: An earlier headline and report of this news item misstat...Tags: New York, Trends, Chicago, Jefferies, New York Ny, IRI, Information Resources Inc, IRI IRI, PE Deals, Vestar Capital, Vestar Capital Partners, Vestar, New Mountain, Fried Frank, New Mountain Capital, Consumer Healthcare 3 people like this. Like New Mountain and Vestar buy IRIDecember 3, 2018 at 12:57 PM New Mountain Capital and Vestar Capital have acquired Chicago-based Information Resources Inc, a provider of data and predictive analytics . No financial terms were disclosed. Also, Jeffrey Ansell, a senior adviser at Vestar and board member at IRI, will become chairman of IRI.
PRESS RELEASE
NEW YORK, NY – December 3, 2018 – New Mountain Capital (“New Mountain”) and Vestar Capital Partners (“Vestar”) announced today that they have closed the transaction through which Vestar will lead a new inves...Tags: New York, Trends, Chicago, Jefferies, New York Ny, IRI, Information Resources Inc, IRI IRI, PE Deals, Vestar Capital, Vestar Capital Partners, Vestar, New Mountain, Fried Frank, New Mountain Capital, Consumer Healthcare 42 people like this. Like New Mountain backs National HMENovember 30, 2018 at 10:05 AM New Mountain Finance Corporation, a New Mountain Capital affiliate, has invested more than $20 million into National HME. Headquartered in Irving, Texas, National HME Inc is a provider of medical equipment solutions to the hospice market.
PRESS RELEASE
IRVING, Texas & NEW YORK–(BUSINESS WIRE)–National HME, Inc. (“NHME” or the “Company”), a leading provider of medical equipment solutions to the hospice market, today announced that it has expanded its existing relationship with New Mountain Financ...Tags: New York, Trends, Healthcare, Company, The Company, Chris Temple, Irving Texas, PE Deals, NMFC, New Mountain Capital LLC, New Mountain, New Mountain Capital, ABB Optical, Andre Moura, New Mountain Finance Corporation, NHME 4 people like this. Like New Mountain weighs IPO for Avantor: BloombergNovember 26, 2018 at 7:30 AM New Mountain Capital is considering taking its portfolio company, chemicals maker Avantor Inc, public in 2019, Bloomberg reported. New Mountain is considering options for Avantor, which include refinancing its debt, the story said. Avantor has about $9.4 billion in total debt, Bloomberg said.Tags: Trends, Bloomberg, IPOs, New Mountain, Avantor, Avantor Inc 4 people like this. Like PE-backed Convey to merge with HealthScape and ParetoNovember 16, 2018 at 10:12 AM Convey Health Solutions, which is backed by New Mountain Capital, has agreed to merge with HealthScape Advisors LLC and Pareto Intelligence. No financial terms were disclosed. The newly combined company will create a healthcare payor technology and services platform. Leerink Partners advised HealthScape and Pareto with Dinsmore & Shohl LLP and Skadden, Arps, Slate, Meagher & Flom LLP providing legal counsel. And, Eir Partners advised Convey and New Mountain Capital while Ropes & Gray LLP was leg...Tags: New York, Trends, Chicago, Healthcare, M&a, Medicare, Fort Lauderdale, Medicare Advantage, Ropes Gray LLP, Matt Holt, Skadden Arps Slate Meagher Flom LLP, PE, Pareto, New Mountain, Leerink Partners, New Mountain Capital 20 people like this. Like Vestar Capital invests in IRINovember 15, 2018 at 7:31 AM Vestar Capital Partners is investing in Information Resources Inc. Financial terms weren’t announced. New Mountain Capital is the seller. Once the deal closes, New Mountain and Vestar will jointly govern IRI. IRI, of Chicago, provides data and predictive analytics for companies in consumer goods, OTC health care, retail, financial services, and media. Kirkland & Ellis served as legal counsel to Vestar. Evercore, Morgan Stanley, and Jefferies acted as financial advisor and Fried Frank served as l...Tags: Post, New York, Trends, Chicago, Jefferies, Kirkland Ellis, Andrew, IRI, Ansell, Andrew Appel, IRI IRI, PE Deals, Vestar Capital, Vestar Capital Partners, Vestar, New Mountain 40 people like this. Like Blackstone to buy minority stake in New Mountain: BloombergSeptember 19, 2018 at 9:40 AM Blackstone is near a deal to buy a less than 10 percent stake of New Mountain Capital LLC, Bloomberg is reporting. New Mountain plans to use proceeds for growth investments, the story said.Tags: Trends, Bloomberg, Blackstone, PE Deals, New Mountain, New Mountain Capital LLC Bloomberg 1 people like this. Like New Mountain invests in BeelineJuly 26, 2018 at 10:05 AM New Mountain Capital has made an investment in Beeline, a provider of cloud-based vendor management solutions. No financial terms were disclosed. The deal is expected to close in August 2018. William Blair & Company and Lazard provided financial advice to Beeline on the transaction. UBS served as financial adviser to New Mountain Capital.
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JACKSONVILLE, Fla. and NEW YORK, July 26, 2018 /PRNewswire/ — Beeline, a global leader in cloud software solutions that help Fortune 2000 compani...Tags: New York, Trends, Ubs, Lazard, Ropes Gray LLP, Doug, Kirkland Ellis LLP, Jacksonville Fla, PE Deals, New Mountain Capital LLC, New Mountain, William Blair Company, Beeline, New Mountain Capital, Lars Johansson, Doug Leeby 1 people like this. Like New Mountain Capital supports MAGJune 7, 2018 at 11:06 AM New Mountain Capital has made an investment in Fairfax, Virginia-based MAG Aerospace, a provider of ISR solutions. No financial terms were disclosed. William Blair served as financial adviser to MAG Aerospace while Wells Fargo and Jefferies did likewise for New Mountain Capital.
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FAIRFAX, Va. and NEW YORK, June 7, 2018 /PRNewswire/ — MAG Aerospace (“MAG”), a leading turnkey provider of ISR solutions, today announced that it has partnered with New Mountain Capital, LLC, a growth-orie...Tags: New York, US, Trends, Canada, Atlantic, Nato, Fema, United Nations, Un, Jefferies, Caribbean, Joe, Wells Fargo, Fairfax, Ropes Gray LLP, William Blair 42 people like this. Like New Mountain to sell Medical Specialties DistributorsApril 25, 2018 at 5:23 PM c
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New Mountain Capital Agrees to Sell Medical Specialties Distributors to McKesson
New York, NY – April 25, 2018 – New Mountain Capital, LLC (“New Mountain”), a growth-oriented investment firm that currently manages more than $20 billion in assets, today announced that it has agreed to sell Medical Specialties Distributors (“MSD”) to McKesson Corporation. New Mountain acquired MSD in December 2013. MSD’s enterprise value approximately tripled during New Mountain’s ownership driven ...Tags: New York, Trends, M&a, McKesson, Tom Burke, New Mountain Capital LLC, New Mountain, MSD, McKesson New York NY, McKesson Corporation New Mountain, Bert Notini, Andre Moura, Simpson Thacher Bartlett LLP Morgan Stanley Co LLC, Total Enterprise Solution 23 people like this. Like CIP Capital invests in New Mountain LearningApril 2, 2018 at 6:39 PM CIP Capital has made an investment in New Mountain Learning LLC, a provider of digital and blended learning solutions for the K-12, higher education and career learning markets. No financial terms were disclosed.
PRESS RELEASE
April 2, 2018 | St. Paul, MN – CIP Capital has completed an investment in New Mountain Learning LLC (“New Mountain” or the “Company”), a leading provider of digital and blended learning solutions to the K-12, higher education and career learning markets.
The Company’s miss...Tags: New York, Trends, North America, EMC, Company, The Company, St Paul Minnesota, CIP, Unites States, Eric Cantor, St Paul MN, PE Deals, New Mountain, CIP Capital, New Mountain Learning, EMC School 32 people like this. Like How to Navigate a New MountainFebruary 21, 2018 at 2:27 PM Skiing or riding a new mountain is exciting! But there’s something comforting – and efficient – about sticking to known trails. So when I first started skiing, I’d stick to familiar areas rather than face fumbling around on new terrain. Heck, I was even afraid to ride a new lift my first season…perhaps because my ski technique still included “Pizza – French Fry – Pizza.”
However, it didn’t take long before my skiing improved, and I wanted to explore. To reduce my anxiety and have more fun, I ...Tags: Utah, Sport, Skiing, Jupiter, Park City, Sandy, Roscoe, Park City Mountain, New Mountain, McConkey, Utah Mountain, Park City Mountain Village, Sandy Melville, Ziz, Thaynes Lift Built, Jupiter Lift 75 people like this. Like New Mountain to sell ACA to Starr Investment HoldingsJanuary 9, 2018 at 11:07 AM New Mountain Capital has agreed to sell ACA Compliance Group Holdings LLC to Starr Investment Holdings LLC. No financial terms were disclosed. ACA is a provider of risk management and technology solutions for the financial services industry.
PRESS RELEASE
NEW YORK–(BUSINESS WIRE)–New Mountain Capital, LLC (“New Mountain”), a growth-oriented investment firm that currently manages more than $20 billion in assets, today announced that it has agreed to sell ACA Compliance Group Holdings, LLC (“ACA”)...Tags: Europe, Usa, New York, Trends, SEC, ACA, Starr, Robert, Pere, Gips, PE Deals, New Mountain, Credit Suisse Securities USA LLC, SEC FINRA, Robert Mulcare, ACA Compliance Group 20 people like this. Like New Mountain backs Censeo and Advance HealthDecember 7, 2017 at 10:09 AM New Mountain Capital has acquired a majority ownership stake in two companies: Dallas-based CenseoHealth, a provider of prospective health assessments for health plans and healthcare delivery organizations; and Chantilly, Virginia-based Advance Health, a provider of prospective health assessment. No financial terms were disclosed. Goldman Sachs was financial adviser to Censeo while TripleTree provided financial advice to Advance Health. And, Deutsche Bank served as financial adviser to New Mount...Tags: New York, Trends, Healthcare, Dallas, Goldman Sachs, Medicare Advantage, Kirkland Ellis LLP, Advance, Chantilly Virginia, Ballard Spahr LLP, PE Deals, New Mountain Capital LLC, New Mountain, Bass Berry Sims PLC, Brian Wise, New Mountain Capital 5 people like this. Like New Mountain bacs Censeo and Advance HealthDecember 7, 2017 at 10:09 AM New Mountain Capital has acquired a majority ownership stake in two companies: Dallas-based CenseoHealth, a provider of prospective health assessments for health plans and healthcare delivery organizations; and Chantilly, Virginia-based Advance Health, a provider of prospective health assessment. No financial terms were disclosed. Goldman Sachs was financial adviser to Censeo while TripleTree provided financial advice to Advance Health. And, Deutsche Bank served as financial adviser to New Mount...Tags: New York, Trends, Healthcare, Dallas, Goldman Sachs, Medicare Advantage, Kirkland Ellis LLP, Advance, Chantilly Virginia, Ballard Spahr LLP, PE Deals, New Mountain Capital LLC, New Mountain, Bass Berry Sims PLC, Brian Wise, New Mountain Capital 19 people like this. Like PE-backed Avantor completes take-private acquisition of VWRNovember 21, 2017 at 1:51 PM Avantor, a portfolio company of New Mountain Capital, has acquired VWR Corp, a provider of product, supply chain and service solutions to laboratory and production customers. The value of the transaction is about $6.5 billion, with VWR shareholders receiving $33.25 per share in cash. As a result of the closing, VMR stock will stop trading November 21, 2017 on the NASDAQ. New Mountain Capital will be the lead shareholder of the newly combined company while Goldman Sachs Merchant Banking Division ...Tags: New York, Trends, M&a, Jp Morgan, Goldman Sachs, Goldman Sachs Group Inc, Lehigh Valley, Matt Holt, Kirkland Ellis LLP, PE, Simpson Thacher Bartlett LLP, BofA Merrill Lynch, VWR Corp, Stubblefield, New Mountain, Goldman Sachs Merchant Banking Division 25 people like this. Like New Mountain backs CytelNovember 1, 2017 at 10:13 AM New Mountain Capital has made an undisclosed investment in Cytel Inc. Cain Brothers & Company LLC served as financial adviser to Cytel. Based in Cambridge, Massachusetts, Cytel is a provider of analytical software and services for the life sciences sector.
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Cambridge, MA and New York, NY – November 1, 2017 – Cytel, Inc., the leading global provider of innovative analytical software and services to the life sciences industry, today announced that it has partnered with New Mountain Ca...Tags: New York, Trends, Healthcare, Fda, Company, The Company, Matt Holt, Patel, North America Europe, Kyle Peterson, PE Deals, Latham Watkins LLP, Cain Brothers Company LLC, New Mountain Capital LLC, New Mountain, New Mountain Capital 39 people like this. Like New Mountain to buy DRB from Prairie CapitalOctober 9, 2017 at 7:11 AM New Mountain Capital LLC is buying DRB Holdings LLC from Prairie Capital LP. Financial terms weren’t announced. DRB, of Akron, Ohio, provides devices and software for the car wash industry. BlackArch Partners provided financial advice to DRB and Prairie Capital, while Kirkland & Ellis LLP served as legal counsel to DRB and Prairie Capital. Willkie Farr & Gallagher LLP provided legal counsel to New Mountain Capital.
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Akron, OH, and New York, NY, October 9, 2017 – DRB Holdings LLC (“D...Tags: New York, Trends, Bill, Akron, DRB, Akron Ohio, Chicago Illinois, Kirkland Ellis LLP, Akron OH, PE Deals, New Mountain Capital LLC, New Mountain, Pete Masucci, Prairie Capital, BlackArch Partners, New York New Mountain 35 people like this. Like |