Posts filtered by tags: New Mountain Capital LLC[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 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 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.
PRESS RELEASE
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 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 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 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.
PRESS RELEASE
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.
PRESS RELEASE
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
PRESS RELEASE
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 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 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 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.
PRESS RELEASE
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.
PRESS RELEASE
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 Thoma Bravo to sell Sparta Systems to New MountainJuly 17, 2017 at 10:40 AM New Mountain Capital will acquire Hamilton, New Jersey-based Sparta Systems, a provider of cloud and on-premise quality management software. The seller is Thoma Bravo. No financial terms were disclosed. Lazard served as exclusive financial adviser to Sparta on the transaction while William Blair & Company did likewise for New Mountain Capital. The deal is expected to close in the third quarter of this year.
PRESS RELEASE
HAMILTON, N.J. and NEW YORK, July 17, 2017 /PRNewswire/ — Sparta Systems In...Tags: Asia, Europe, New York, San Francisco, Trends, Chicago, Lazard, Hamilton, Sparta, Eileen, Kirkland Ellis LLP, Thoma Bravo, PE Deals, New Mountain Capital LLC, New Mountain, William Blair Company 1 people like this. Like New Mountain buys OneDigital Health and BenefitsMay 8, 2017 at 3:21 PM New Mountain Capital LLC has acquired a majority of OneDigital Health and Benefits. Financial terms weren’t announced. Fidelity National Financial Ventures is the seller. OneDigital, of Atlanta, is an employee benefits-only company. TripleTree advised OneDigital.
PRESS RELEASE
ATLANTA–(BUSINESS WIRE)–OneDigital Health and Benefits (“OneDigital”), the nation’s largest employee benefits-only company, announced today that it signed a definitive agreement to partner with New Mountain Capital, LLC (“...Tags: New York, America, Trends, Atlanta, PE Deals, New Mountain Capital LLC, New Mountain, New Mountain Capital, Pete Masucci, OneDigital Health, OneDigital Health and Benefits Financial, Fidelity National Financial Ventures, New York City New Mountain, OneDigital, Adam Bruckman, Robert Mulcare 13 people like this. Like New Mountain invests in Legends HospitalityMay 4, 2017 at 12:45 PM New Mountain Capital LLC has invested in Legends Hospitality LLC. Financial terms weren’t announced. New Mountain will own a minority of Legends, while the deal values the company at $700 million, according to press reports. With offices in New York and Los Angeles, Legends is a stadium management company that provides services to facilities including Yankee Stadium, AT&T Stadium, nearly 40 Live Nation venues and One World Observatory. The New York Yankees and Dallas Cowboys reportedly own a maj...Tags: New York, Los Angeles, Trends, Indianapolis, Dallas Cowboys, New York Yankees, Yankee Stadium, Seth, Michael Rapino, PE Deals, New Mountain Capital LLC, New Mountain, New Mountain Capital, Legends Hospitality LLC, Los Angeles Legends, One World Observatory The New York Yankees 34 people like this. Like Why Shares of TRC Companies, Inc. Popped 46% TodayMarch 31, 2017 at 12:49 PM Shares of TRC Companies, Inc. (NYSE: TRR) jumped as much as 46% today after the engineering and construction company agreed to go private. At 12:15 p.m. EDT, the stock is trading within a few pennies of its daily high. Investment manager New Mountain Capital, LLC has agreed to buy TRC Companies in an all-cash transaction for $17.55 per share. The press release announcing the transaction said it anticipated the deal will close by June 30, 2017, which is a short turnaround for a deal this size. ...Tags: Finance, TRC Companies Inc, Industrials, New Mountain Capital LLC, TRC Companies, 10% Promise, Travis Hoium, TRR, TRC Companies Inc NYSE, 38d32a46-162f-11e7-a2a6-0050569d4be0 36 people like this. Like New Mountain to acquire TRC CompaniesMarch 31, 2017 at 10:01 AM New Mountain Capital has agreed to acquire TRC Companies for $17.55 per share. Houlihan Lokey Capital Inc is providing financial advice to TRC on the deal while Covington & Burling LLP is providing legal advice. Also, Barclays is serving as M&A adviser to New Mountain and Kirkland & Ellis LLP is providing legal advice. The deal is expected to close before June 30, 2017. Based in Lowell, Massachusetts, TRC Companies is an engineering, environmental consulting and construction management firm that...Tags: New York, Trends, Nyse, Kirkland Ellis LLP, Lowell Massachusetts, TRC, Covington Burling LLP, PE Deals, New Mountain Capital LLC, New Mountain, Houlihan Lokey Capital Inc, TRR, TRC Companies Inc NYSE, TRC s Board of Directors TRC, U K TRC, Chris Vincze 38 people like this. Like New Mountain invests in Island Medical ManagementSeptember 20, 2016 at 8:27 AM New Mountain Capital has invested in Island Medical Management LLC. Financial terms weren’t announced. Hauppauge, New York-based Island Medical provides outsourced healthcare practice management services to emergency departments, hospitalist programs, and hospital-based urgent care centers.
PRESS RELEASE
ISLAND MEDICAL MANAGEMENT PARTNERS WITH
NEW MOUNTAIN CAPITAL
New Mountain Capital provides growth capital to leading provider of
outsourced healthcare practice management services
Hauppauge, NY ...Tags: New York, Trends, United States, New York Ny, Hauppauge NY, PE Deals, New Mountain Capital LLC, New Mountain, Hauppauge New York 37 people like this. Like New Mountain to merge portfolio companies Avantor and NuSilAugust 31, 2016 at 1:53 PM Avantor Performance Materials and NuSil Technology LLC, which are both backed by New Mountain Capital, have agreed to merge. No financial terms were disclosed for the deal that’s expected to close in late September. The newly combined company will be named Avantor and provide performance materials and solutions for the biotech, pharmaceutical, medical device, diagnostics, aerospace and defense and semi-conductor sectors.
PRESS RELEASE
CENTER VALLEY, PA and CARPINTERIA, CA–(Marketwired – August 3...Tags: Usa, New York, Trends, M&a, North America, Baker, Matt Holt, Carpinteria, New Mountain Capital LLC, New Mountain 29 people like this. Like Blackstone challenges Honeywell with JDA financing plan: ReutersAugust 17, 2016 at 7:26 AM (Reuters) — Blackstone Group LP (BX.N) has offered a financing plan to help debt-laden U.S. supply chain management company JDA Software Group Inc, giving it an alternative option to selling itself to Honeywell International Inc (HON.N), people familiar with the matter said.
The move illustrates how Blackstone, the world’s largest private equity firm, pursues innovative ways to secure deals when traditional leveraged buyouts are less attractive financially amid competition from companies such as...Tags: Trends, Blackstone, Reuters, Honeywell, JDA, PE Deals, New Mountain Capital LLC, New Mountain 38 people like this. Like Blackstone challenges Honeywell with JDA financing plan, say sources: ReutersAugust 16, 2016 at 5:24 PM Blackstone Group LP (BX.N) has offered a financing plan to help debt-laden U.S. supply chain management company JDA Software Group Inc, giving it an alternative option to selling itself to Honeywell International Inc (HON.N), people familiar with the matter said.
The move illustrates how Blackstone, the world’s largest private equity firm, pursues innovative ways to secure deals when traditional leveraged buyouts are less attractive financially amid competition from companies such as Honeywell.
...Tags: Trends, Blackstone, Reuters, Honeywell, JDA, PE Deals, New Mountain Capital LLC, New Mountain, Blackstone Group LP BX N 25 people like this. Like Honeywell explores acquisition of JDA Software: ReutersAugust 9, 2016 at 7:21 AM (Reuters) — Honeywell International Inc is in talks to acquire JDA Software Group Inc, in a deal that could value the U.S. supply chain management software company at around $3 billion, including debt, according to people familiar with the matter.
The acquisition would illustrate how Honeywell, a U.S. diversified industrial conglomerate, is keen to boost its automation portfolio after it agreed last month to acquire Intelligrated Inc, a U.S. distribution systems and logistics company, for $1.5 b...Tags: Trends, M&a, Reuters, Honeywell, Scottsdale Arizona, Moody s Investors Service, Reuters Honeywell International Inc, New Mountain Capital LLC, New Mountain 40 people like this. Like New Mountain-backed MSD appoints Burke as CEOJuly 14, 2016 at 10:19 AM MSD, a portfolio company of New Mountain Capital, has named Tom Burke as CEO. Previously, Burke worked at Cardinal Health where he most recently was the senior vice president and general manager of the innovative delivery solutions division. Also, he is the former CEO of Novis Pharmaceuticals. Based in Stoughton, Massachusetts, MSD is a provider of supply chain, medical device management and technology solutions that speed the transition of care from acute care to low-cost alternate sites.
PRESS...Tags: New York, Beck, Trends, ISO, People, Gm, Tom, Jim, Burke, SVP, Tom Burke, Cardinal Health, New Mountain Capital LLC, New Mountain, Stoughton Massachusetts 26 people like this. Like New Mountain backs skin care products maker TopixJuly 11, 2016 at 10:18 AM New Mountain Capital has made an undisclosed investment in Topix Pharmaceuticals Inc. Based in Amityville, New York, Topix is a maker of skin care products.
PRESS RELEASE
AMITYVILLE, N.Y. & NEW YORK–(BUSINESS WIRE)–Topix Pharmaceuticals, Inc., a leading provider of innovative therapeutic and cosmetic skin care products, today announced that it has partnered with New Mountain Capital, LLC, a growth-oriented investment firm that currently manages over $15 billion in assets.
Headquartered in Amityv...Tags: New York, Trends, GMP, Topix, PE Deals, New Mountain Capital LLC, New Mountain 47 people like this. Like New Mountain hires Kaplan as MDFebruary 11, 2016 at 9:28 PM New Mountain Capital LLC hired Teddy Kaplan as a managing director. Kaplan will head New Mountain’s efforts to add net lease real estate to the firm’s existing range of credit and yield offerings. Previously Kaplan was a managing director in the net lease real estate group of Angelo, Gordon & Co.
PRESS RELEASE
NEW YORK – February 11, 2016 – New Mountain Capital, LLC (“New Mountain”), a firm which manages approximately $15 billion of private equity, public equity and credit assets, announced tod...Tags: New York, People, Kaplan, NMFC, New Mountain Capital LLC, Teddy Kaplan, New Mountain, Angelo Gordon Co PRESS, Net Lease Real Estate group of Angelo Gordon Co, Angelo Gordon, Carey Inc, New Mountain Finance Corporation NYSE, Steve Klinsky 70 people like this. Like |
