Posts filtered by tags: Orix[x]


Daily Crunch: Roblox is going public

Roblox opens its books, Snap makes an acquisition and Pfizer and BioNTech seek regulatory approval for their vaccine. This your Daily Crunch for November 20, 2020. The big story: Roblox is going public The child-friendly gaming company filed confidentially to go public in October, but it only published its S-1 document with financial information late yesterday. How do the numbers look? Well, Roblox is certainly growing quickly — total revenue increased 56% in 2019, and then another 68% in t...
Tags: Gaming, Europe, Finance, Tech, Pakistan, Pfizer, Hutchinson, Don, Danny Crichton, Orix, Roblox, Vonne Hutchinson, BioNtech, ReadySet, Daily Crunch, Carlos Gonzalez Cadenas

ORIX invests $60M in Israeli crowdfunding platform OurCrowd

Japan-based financial services group ORIX Corporation today announced that it has made a $60 million strategic investment into the Israeli crowdsourcing platform OurCrowd. In return, the crowdfunding platform will provide the firm with access to its startup network. OurCrowd also says that the two groups will collaborate to create financial products and investment opportunities for the Japanese and global market, including access to its venture funds and specific companies in the OurCrowd por...
Tags: Japan, Real Estate, Crowdfunding, Entrepreneurship, Finance, Israel, Tech, Investment, Banking, United States, Tokyo, Private Equity, Financial Services, Ourcrowd, Jon Medved, Beyond Meat

OMPE exits Perennials and Sutherland

ORIX Mezzanine & Private Equity has exited its stake in Perennials and Sutherland LLC. No financial terms were disclosed. OMPE teamed up with Acacia Partners to invest in Perennials and Sutherland in December 2015. Acadia has also exited its stake in the company as a result of Bertram Capital investing in Perennials. Dallas-based Perennials is a designer of acrylic performance fabric and rugs for indoor and outdoor use and luxury outdoor furniture. PRESS RELEASE DALLAS (Feb. 26, 2019) ORIX Mezza...
Tags: Trends, Dallas, New York Stock Exchange, North America, Sutherland, Austin Texas, U S, Acadia, Tokyo Stock Exchange, Orix, PE Deals, Perennials, Bertram Capital, ORIX Corporation, IX, ORIX Mezzanine Private Equity

PE-backed HSW acquires Tri-State

Hoffman Southwest Corp, which is backed by ORIX Capital Partners, has acquired Chesapeake, Virginia-based Tri-State, a provider of trenchless repair, rehabilitation, inspection and other maintenance services for the municipal utility market. No financial terms were disclosed. Matrix was financial adviser to Tri-State on the transaction while Troutman Sanders served as legal counsel for Tri-State. PRESS RELEASE RICHMOND, VA – February 25, 2019 – Matrix Capital Markets Group, Inc. (“Matrix”), a le...
Tags: Trends, Chicago, David, M&a, Baltimore, Joe, Andy, Company, Mid Atlantic, Richmond VA, Troutman Sanders, Matrix, McSweeney, Business Services, PE, Chesapeake Virginia

CID and ORIX buy Giftcraft

CID Capital and ORIX Mezzanine & Private Equity have acquired Toronto-based Giftcraft, a provider of fashion, decor, giftware, health, wellness and gourmet consumer products. No financial terms were disclosed. Piper Jaffray was financial adviser to Giftcraft on the deal. PRESS RELEASE Giftcraft Ltd. (“Giftcraft”) has been acquired by CID Capital (“CID”) and ORIX Mezzanine & Private Equity (“ORIX”). The terms of the transaction were not disclosed. Piper Jaffray served as exclusive financial advis...
Tags: Toronto, Trends, North America, Piper Jaffray, Indianapolis Indiana, Orix, PE Deals, ORIX Corporation, ORIX Mezzanine Private Equity, ORIX USA, Giftcraft, Giftcraft Ltd Giftcraft, CID Capital CID, ORIX Mezzanine Private Equity ORIX, Ontario Giftcraft, ORIX Corporation USA ORIX Mezzanine Private Equity


ORIX Capital Partners has acquired Chicago-based NTI Connect LLC, a provider of mission-critical network deployment solutions in fiber optics, data centers, wireless and video networks. The seller was O2 Investment Partners. No financial terms were disclosed. Stifel served as financial adviser to NTI on the transaction while Honigman Miller Schwartz and Cohn LLP served as legal adviser. And, Weil, Gotshal & Manges LLP served as legal adviser to ORIX. PRESS RELEASE NEW YORK (December 3, 2018) ORI...
Tags: Europe, New York, Trends, Chicago, United States, Dallas, North America, Stifel, NTI, Weil Gotshal Manges LLP, Honigman Miller Schwartz, Cohn LLP, Orix, PE Deals, ORIX Corporation, Fairhaven Integration Services

ORIX Mezzanine & Private Equity backs Onward Capital’s acquisition of FSC Lighting

ORIX Mezzanine & Private Equity has made an equity investment to support Onward Capital‘s acquisition of FSC Lighting, a maker of LED lighting for commercial, industrial and retail customers. No financial terms were disclosed. Tecum Capital led the mezzanine debt financing on the transaction while TCF Capital Funding provided senior debt financing. PRESS RELEASE DALLAS–(BUSINESS WIRE)–ORIX Mezzanine & Private Equity, a business unit of ORIX Corporation USA, announced today that it has made an eq...
Tags: Trends, Chicago, Private Equity, New York Stock Exchange, North America, FSC, Pittsburgh, EBITDA, Tokyo Stock Exchange, Orix, PE Deals, ORIX Corporation, Tecum, John Watkins, Tecum Capital, IX

ORIX Corp to buy 30 pct of Avolon for $2.2 Bln

ORIX Corp said Aug. 8 that it agreed to buy a 30 percent stake in Avolon for $2.2 billion. Bohai Capital, whose investors include HNA Group, is the seller. Avolon, of Dublin, Ireland, provides aircraft leasing and lease management services. Morgan Stanley & Co LLC provided financial advice to Avolon while Douglas Warner, James Harvey and Andrew Yoon of Weil, Gotshal & Manges LLP were legal advisers to Avolon. PRESS RELEASE ORIX To Acquire 30% Stake in Avolon with an Enterprise Value of US$23.7BN...
Tags: Hong Kong, US, Trends, Ireland, Tokyo, Dublin, DUBLIN Ireland, HNA Group, Japan US, Weil Gotshal Manges LLP, Orix, Orix Corp, PE Deals, Morgan Stanley Co LLC, Fitch Moody, ORIX Corporation

ORIX to buy NXT

ORIX Corp USA said July 1 that it agreed to buy NXT Capital. Financial terms weren’t announced. NXT, of Chicago, is a middle market lender. NXT is backed by Stone Point Capital, Ontario Teachers’ Pension Plan, and Aflac Inc. Nikkei Asian Review pegged the sale at more than 100 billion yen ($903 million). Houlihan Lokey Inc advised ORIX USA while Davis Polk & Wardwell LLP acted as legal adviser. J.P. Morgan Securities LLC provided financial advice to NXT, while Kramer Levin Naftalis & Frankel LLP...
Tags: Trends, Chicago, Tokyo, SEC, New York Stock Exchange, Latin America, Real Estate Finance, Phoenix, U S, Tokyo Stock Exchange, United States Securities and Exchange Commission, Davis Polk Wardwell LLP, Orix, Morgan Securities LLC, PE Deals, Houlihan Lokey Inc

Harvey Building Products acquires Thermo-Tech Windows & Doors

Harvey Building Products, a portfolio company of Dunes Point Capital, has acquired Sauk Rapids, Minnesota-based Thermo-Tech Windows & Doors, a maker of new and replacement windows and doors. No financial terms were disclosed. BB&T Capital Markets was the financial adviser to TTW on the deal. TTW was backed by Bounds Equity Partners and ORIX Mezzanine & Private Equity. PRESS RELEASE Transaction Summary On March 16, 2018, Thermo-Tech Windows & Doors, LLC (“TTW” or the “Company”), a portfolio compa...
Tags: Trends, M&a, Harvey, Sauk Rapids Minnesota, Orix, BB T Capital Markets, ORIX Mezzanine Private Equity OMPE, Dunes Point Capital, Thermo Tech Windows Doors, Bounds Equity Partners, Bounds Equity Partners BEP, Dunes Point Capital DPC BB T Capital Markets

ORIX Mezzanine & Private Equity hires Berty as MD

ORIX Mezzanine & Private Equity, a business unit of ORIX USA, has named Zoltan Berty as a managing director. Previously, Berty was managing director at Gladstone Capital Corp. PRESS RELEASE DALLAS (Feb. 21) ORIX Mezzanine & Private Equity (OMPE), a business unit of Dallas-based ORIX USA, announced today the addition of Zoltan Berty to its team as a Managing Director. Bringing over 25 years of transactional experience across multiple industries and diversified markets, Berty will be primarily res...
Tags: New York, Trends, People, Dallas, Tokyo, Private Equity, West Coast, North America, U S, Newport Beach California, Orix, Zoltan, ORIX Corporation, IX, ORIX Mezzanine Private Equity, ORIX USA

AV Capital buys American Insulated Glass

AV Capital said Oct. 24 that it acquired American Insulated Glass LLC (AIG). Financial terms weren’t announced. ORIX Mezzanine & Private Equity also invested. AIG, of Conley, Georgia, fabricates and distributes glass products in the Southeast U.S. Raymond James advised AIG. PRESS RELEASE AUSTIN, Texas & ATLANTA, Georgia — October 24, 2018 — AV Capital, an Austin, Texas-based private equity firm, announced today that it has acquired American Insulated Glass, LLC (“AIG”) in partnership with the co...
Tags: Florida, Trends, Georgia, Aig, Austin, Dallas, Tokyo, New York Stock Exchange, North America, Raymond James, U S, Orix, PE Deals, Billy Blair, ORIX Corporation, IX

Orix invests in Datavail

Orix Growth Capital has made an investment in Broomfield, Colorado-based Datavail Corp, an IT managed services provider focused on data services. No financial terms were disclosed. PRESS RELEASE (Aug. 23) ORIX Growth Capital announced today that it has completed a growth capital investment in Datavail Corp., a leading provider in the outsourced database administration (DBA) market. The investment will be used to support the company’s continued organic growth and acquisition strategy. “Datavail i...
Tags: New York, Microsoft, Trends, Dallas, Tokyo, North America, Cagr, U S, DBA, Orix, Broomfield Colorado, VC Deals, ORIX Corporation, ORIX Growth Capital, IX, ORIX USA

ORIX strikes solar deal as tax break likely spared in Congress’ reform push

The Dallas-based U.S. arm of financial firm ORIX has used a critical tax credit to strike a deal with a solar power provider and boost its portfolio of renewable energy projects. It’s unclear if that tax credit will survive as the Republican-controlled Congress works on a plan to overhaul the tax code. Early signs suggest lawmakers won’t touch it, but lowering the broader corporate tax rate would give companies less incentive to invest in solar projects for a discount, policy experts fear. “Th...
Tags: Congress, Dallas, Orix

VC-backed SmartZip to buy Reach150

SmartZip Analytics Inc has agreed to acquire Reach150, a referral management platform. No financial terms were disclosed. SmartZip is backed by Intel Capital, Claremont Creek Ventures, Crest Capital, Javelin Venture Partners, Cue Ball Capital, Toba Capital and ORIX Growth Capital. PRESS RELEASE PLEASANTON, Calif., March 7, 2017 /PRNewswire/ — SmartZip Analytics, Inc. (, the leader in predictive marketing technology for real estate, lending and related home service industries, an...
Tags: Trends, M&a, Silicon Valley, Dan Hodges, Pleasanton, Toba Capital, Orix, Yodlee, ZipRealty, Keith Robinson, SmartZip Analytics Inc, SmartZip Analytics, Avi Gupta, Realty World Northern California Northern Nevada, SmartZip, Vinny Smith

ORIX Capital buys HSW from Sterling Partners

ORIX Capital Partners LLC has acquired Hoffman Southwest Corp, a provider of water flow solutions. The seller was Sterling Partners. No financial terms were disclosed. Houlihan Lokey advised Sterling on the transaction. PRESS RELEASE February 06, 2017 11:00 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–ORIX Capital Partners LLC, a New York-based private equity firm and business unit of ORIX USA Corporation (“ORIX USA”), announced today that it has sponsored a private equity investment and ha...
Tags: New York, Texas, California, Trends, United States, Dallas, Tokyo, Cctv, Sterling, North America, U S, Houlihan Lokey, Roto Rooter, Orix, Sterling Partners, PE Deals

VC-backed SmartZip hires CFO

Pleasanton, California-based SmartZip Analytics, a provider of predictive marketing solutions for real estate and related industries, has appointed Scott Baumgartner as its chief financial officer. Previously, he worked at Accela where he served as vice president of finance. SmartZip is backed by Intel Capital, Claremont Creek Ventures, Crest Capital, Javelin Venture Partners, Cue Ball Capital and ORIX Growth Capital. PRESS RELEASE PLEASANTON, Calif., Jan. 18, 2017 /PRNewswire/ — SmartZip Analyt...
Tags: Trends, People, Kpmg, Bay Area, Scott, Baumgartner, Pleasanton Calif, Pleasanton California, Orix, CallidusCloud

ORIX acquires RB Capital

Financial services company ORIX Corp has acquired a controlling stake in Brazil-based RB Capital, a capital markets and asset management platform. No financial terms were disclosed. PRESS RELEASE DALLAS–(BUSINESS WIRE)–ORIX Corporation (ORIX), a leading integrated financial services group, announced today the company has acquired a controlling interest in RB Capital Empreendimentos S.A. (RB Capital), a Brazilian capital markets and asset management platform. The acquisition leverages ORIX’s stra...
Tags: Trends, M&a, Brazil, Peru, Tokyo, South America, Latin America, Sao Paulo Brazil, Jaramillo, Orix, Orix Corp, Bradesco, ORIX Corporation

Suzuki passes Rose's total as Marlins lose to Padres 6-3 (Yahoo Sports)

With two hits Wednesday, Ichiro Suzuki raised his career total in the Japanese and North American major leagues to 4,257, passing Pete Rose's record Major League Baseball total. ''This wasn't like a goal of mine to get to this point,'' Suzuki said through a translator after the Miami Marlins' 6-3 loss to the San Diego Padres. Suzuki had 1,278 hits for Orix in Japan's Pacific League (1992-00) and has 2,979 with Seattle, the New York Yankees and Marlins.
Tags: Japan, Mlb, Marlins, Seattle, Major League Baseball, New York Yankees, Pete Rose, Miami Marlins, Rose, Padres, Suzuki, Ichiro Suzuki, Orix

UPDATE 1-Orix only confirmed bidder for Kansai airport rights after more drop out

Orix Corp and partner Vinci SA are the only firms to have placed a confirmed bid for $18 billion rights to run Japan's Kansai International Airport after people involved in the process said four additional companies including Mitsubishi Corp had dropped out. A tepid showing for the marquee project on the last day of bidding may bode ill for Prime Minister Shinzo Abe's effort to involve private companies in major infrastructure projects.
Tags: Japan, Shinzo Abe, Mitsubishi Corp, Kansai, Kansai International Airport, Vinci, Orix, Orix Corp