Posts filtered by tags: PE Deals[x]


 

Private equity firms circling Nestle’s skin health business, say sources: Reuters

Private equity firms Cinven and Advent have teamed up to bid in an auction that could value Nestle’s (NESN.S) skin health business at about 7 billion Swiss francs ($7 billion), three sources familiar with the matter said. Private equity companies Blackstone (BX.N), KKR (KKR.N), Carlyle, CVC, EQT and Partners Group are also expected to bid and might look for partners, according to the sources, who declined to be identified as the process is private. Nestle launched a review of the unit in Septemb...
Tags: Trends, Unilever, Credit Suisse, L'oreal, Nestle, Reuters, Partners Group, NESN, Perrier, Merz, Paul Bulcke, Evercore, PE Deals, Galderma, Cinven, Nestle Skin Health


France’s Casino sells stores to Fortress, hits asset sales target: Reuters

Casino (CASP.PA) has agreed to sell 26 stores worth 501 million euros ($567 million) to Fortress Investment Group, the French supermarket retailer said on Monday, fulfilling an assets sale target set out last year as part of plans to reduce its debt. Casino said it would sell a portfolio comprising hypermarkets and traditional supermarkets to Fortress which will set up a vehicle to acquire and manage the assets. The company will receive an initial 392 million euros from the sale in the first hal...
Tags: France, Trends, Casino, Reuters, Bernstein, Standard Poor, Fortress Investment Group, Rallye, PE Deals, GENC


Calamos Investments to buy Milwaukee investment firm Timpani

Calamos Investments has agreed to acquire Timpani Capital Management LLC, a Milwaukee-based boutique investment firm. No financial terms were disclosed. PRESS RELEASE NAPERVILLE, Ill., Jan. 18, 2019 /PRNewswire/ — Calamos Investments®*, a global investment management firm, announced today that it has signed a definitive agreement to acquire Timpani Capital Management LLC, a boutique investment firm based in Milwaukee. The transaction is expected to close following applicable regulatory and custo...
Tags: Milwaukee, Trends, Chicago, Miami, Co, Brandon, Naperville, PE Deals, Global Co, Timpani Capital Management LLC, John Koudounis, Calamos Investments, Calamos, UCITS, Brandon Nelson, Brandon M Nelson Timpani


Main Capital exits Axxerion

Main Capital Partners said Jan. 21 that it sold its majority stake in Axxerion to Nemetschek Group. Financial terms weren’t announced. Axxerion provides software for facility and property management. PRESS RELEASE Main Capital Partners is pleased to announce the 100% sale of its majority stake in Axxerion to publicly listed, Munich-based Nemetschek Group [ticker: XETRA NEM.DE], global leader in Open Building Information Management (BIM) and Construction software. Axxerion is the leading European...
Tags: Real Estate, Trends, Munich, The Hague, EBITDA, Nemetschek, Germany Belgium, PE Deals, USA Next, BIM, Main Capital Partners, Axxerion, Nemetschek Group Financial, Nemetschek Group, Vodafone Ziggo Facilicom Q Park Nutricia MVGM, CBRE Main Capital


Goldman, JP Morgan to advise on Acuris sale: Bloomberg

BC Partners has hired Goldman Sachs and JP Morgan Chase to advise on the sale of Acuris, the company formerly known as Mergermarket, Bloomberg reported. A sale of Acuris could fetch more than 1 billion pounds ($1.3 billion), the story said.
Tags: Trends, Bloomberg, Goldman Sachs, Jp Morgan Chase, BC Partners, PE Deals, Goldman JP Morgan, Mergermarket Bloomberg


Private equity suitor Apollo gets more time to make RPC offer: Reuters

RPC Group (RPC.L), Europe’s biggest plastics packaging maker, said on Friday the deadline for its private equity suitor Apollo Global Management (APO.N) to make a firm offer for the company has been extended to Jan. 23. RPC Group, which first announced the talks in September last year, said the takeover panel granted the extension on the company’s request and that discussions with Apollo are ongoing. RPC Group shares reversed course to trade 1 percent up after the extension of deadline. ...
Tags: Europe, Trends, Reuters, RPC Group, RPC, PE Deals, Apollo Global Management APO N, RPC Group RPC


Scout24 rejects $5.3 billion takeover offer from private equity: Reuters

German online classifieds company Scout24 AG (G24n.DE) has rejected a 4.7 billion euro ($5.34 billion) takeover offer from private equity firms Hellman & Friedman and Blackstone (BX.N), potentially paving the way for a bidding war. The company said in a statement late on Friday that Hellman & Friedman and Blackstone had submitted a joint bid to Scout 24’s shareholders of 43.50 euros per share – eight percent higher than Friday’s closing share price of 40.14 euros. “The management board of Scout2...
Tags: Europe, UK, Germany, Trends, Britain, Deutsche Telekom, Blackstone, Financial Times, Silver Lake, Reuters, Hellman Friedman, PE Deals, Scout24 AG G24n DE, Scout24 AG, Scout24 Silver Lake, Rightmove ZPG


Egis and ABS Capital takes majority stake in ClearObject

Egis Capital Partners and ABS Capital Partners have acquired a majority stake in ClearObject, an IoT systems integration provider for asset and data intensive industries. No financial terms were disclosed. In conjunction with the funding, E. Perot Bissell and Bill Polk, managing partners at Egis as well as Phil Clough and Ralph Terkowitz, general partners at ABS Capital, will join ClearObject’s board of directors. PRESS RELEASE SUMMIT, N.J. (PRWEB) JANUARY 17, 2019 Today Egis Capital Partners (“...
Tags: Trends, North America, McDonald, PE Deals, PRWEB, EGIS Capital Partners, Egis Capital Partners Egis Capital Partners, Needham Company, ABS Capital Partners, ClearObject, Egis, Ralph Terkowitz, ABS Capital, Perot Bissell, Bill Polk, Phil Clough


Ferrero short-listed for auction of Campbell Soup’s international business, says source: Reuters

Nutella maker Ferrero has been shortlisted to take part in the second round of Campbell Soup Co’s (CPB.N) auction of its international business, a source with knowledge of the matter said on Thursday. The Italian confectionery group is competing with U.S. food companies Kraft Heinz Co (KHC.O) and Mondelez International Inc (MDLZ.O). Private equity firms Bain Capital LP, KKR (KKR.N) and FinTrek Capital Hong Kong Ltd were also admitted to the second round of bids, sources told Reuters last month, ...
Tags: Australia, Trends, Reuters, Campbell Soup Co, Campbell Soup, Ferrero, Arnott, Mondelez International Inc, CPB, PE Deals, Kraft Heinz Co KHC O, Kelsen Group, Bain Capital LP KKR KKR, FinTrek Capital Hong Kong Ltd


S.Korean fund to invest $50 mln in Indonesian online marketplace Bukalapak: Reuters

A fund led by South Korea’s Mirae Asset Daewoo will invest $50 million in Indonesian e-commerce startup Bukalapak, Mirae Asset said on Wednesday. The Asia Growth Fund jointly set up by Mirae Asset and South Korean web portal Naver Corp decided to invest in the fast growing online commerce industry in the Southeast Asian country, Mirae Asset said in a statement. Bukalapak has China’s Ant Financial and Singapore’s sovereign wealth fund GIC as major shareholders, according to Mirae Asset. ...
Tags: South Korea, China, Singapore, Trends, Reuters, GIC, PE Deals, Naver Corp, Mirae Asset, Bukalapak, Mirae Asset Daewoo, Bukalapak Mirae Asset


Lightview invests in Educational Measures

Lightview Capital has made a “significant” investment in Denver-based Educational Measures LLC, a provider of live event technology focused on audience engagement and associated data and analytics. No financial terms were disclosed. Harbert Management Corporation and Resolute Capital Partners also participated in the transaction while Enterprise Bank & Trust provided a senior line of credit to Educational Measures. PRESS RELEASE NEW YORK (PRWEB) JANUARY 17, 2019 Lightview Capital (“Lightview”) h...
Tags: Trends, New Jersey, Denver, Company, Marc, Marc Crawford, PE Deals, PRWEB, Conor Mullett, Enterprise Bank Trust, Resolute Capital Partners, Harbert Management Corporation, Lightview Capital, Lightview, Educational Measures LLC, Denver CO Educational Measures


Peppertree commits $300 mln to TowerCo

Cary, North Carolina-based TowerCo, which builds infrastructure for wireless services providers, has secured $300 million in funding from Peppertree Capital Management. Alpina Capital LLC was financial adviser on the transaction. PRESS RELEASE CARY, N.C., Jan. 15, 2019 /PRNewswire/ — TowerCo is pleased to announce a newly-formed partnership created by members of the TowerCo management team and Peppertree Capital Management (Peppertree). As part of the transaction, TowerCo retained all of its ass...
Tags: Trends, United States, Cary North Carolina, PE Deals, Peppertree Capital Management Alpina Capital LLC, Peppertree Capital Management Peppertree, Peppertree, Todd Boyer, Alpina Capital LLC, Richard Byrne Scot Lloyd TowerCo, United States TowerCo, Peppertree Capital Management Inc


General Atlantic takes stake in German energy software firm: Reuters

U.S. investment firm General Atlantic is buying a minority stake in Germany’s Powercloud GmbH, it said on Wednesday, adding it would support the energy software group in its expansion efforts. Powercloud, which competes with SAP (SAPG.DE) in energy software, was founded in 2012 and counts German energy groups E.ON (EONGn.DE) and EnBW (EBKG.DE) among its customers. Powercloud caters to large and medium-sized utilities but wants to expand into other markets, the groups said, adding they had decide...
Tags: New York, Germany, Trends, Atlantic, General Atlantic, Reuters, PE Deals, Achim Berg, Uber Technologies AirBnB, Powercloud GmbH, Powercloud


1315 Capital buys Biocoat

1315 Capital has acquired Horsham, Pennsylvania-based Biocoat Inc, a developer of biomaterial coatings for medical devices. No financial terms were disclosed. PRESS RELEASE HORSHAM, Pa., Jan. 16, 2019 /PRNewswire/ — Biocoat, Inc., (Biocoat) a 27-year old privately held company, announced today that it has been acquired by 1315 Capital, a Philadelphia-based healthcare investment firm that provides expansion and growth capital to commercial-stage healthcare services, medical technology, and specia...
Tags: Trends, West, Healthcare, Philadelphia, Company, Jim, Jim Moran, Horsham Pennsylvania, PE Deals, Anaheim CA, Scott Cramer, Michael Koby, Biocoat, Biocoat Inc, Robert Hergenrother, SPE s Medical Plastics Minitec


Equity38 invests in fitness training provider TRX

Equity38 LLC has made an investment in TRX, a fitness training provider. No financial terms were disclosed. PRESS RELEASE SAN FRANCISCO, Jan. 16, 2019 /PRNewswire/ — TRX® is pleased to announce it has successfully recapitalized the business with a strategic growth capital investment from Equity38, LLC (“Equity38”). Structured as a management buyout of previous investors by Equity38, the partnership was ideal for TRX in that it maintains the company’s existing infrastructure, led by Founder/CEO a...
Tags: Navy, Stanford, Southeast Asia, US, San Francisco, Trends, Squadron, Barry, Managing Partners, Stanford University, Cox, LLC, Randy, David Cox, PE Deals, Newport Beach CA


Abry invests in Aduro

Abry Partners has made an investment in Aduro, a human performance company. No financial terms were disclosed. PRESS RELEASE REDMOND, Wash., Jan. 16, 2019 /PRNewswire/ — ADURO, the leading Human Performance company, is excited to announce a strategic investment from Abry Partners (“Abry”). Abry, a leading Boston-based private equity firm, manages over $5 billion of capital in its active funds and has completed more than $80 billion in transactions. ADURO, a top choice of Fortune 1000 corporation...
Tags: Boston, Trends, North America, Darren, Wick, Wilson Sonsini Goodrich Rosati, PE Deals, ABRY, ABRY Partners, White co, Cascadia Capital, Aduro, Dr White, Abry Partners Abry Abry, Tyler Wick Partner, Chris Dickinson Abry


CRG commits $70 mln to Mid-Atlantic Dental Partners

Mid-Atlantic Dental Partners, a dental support organization, has secured $70 million in funding. The investor was CRG. Mid-Atlantic is a portfolio company of S.C. Goldman & Company LLC. Cooley LLP served as exclusive legal adviser to CRG while Waller Lansden Dortch & Davis did likewise for Mid-Atlantic. PRESS RELEASE NEW YORK, Jan. 16, 2019 /PRNewswire/ — CRG, a premier healthcare-focused investment firm, today announced a $70 million commitment to Mid-Atlantic Dental Partners (“Mid-Atlantic), a...
Tags: Trends, Healthcare, New Mexico, Houston, Mid Atlantic, Cooley LLP, CRG, PE Deals, Colorado Arizona, Waller Lansden Dortch Davis, Mitchell Goldman, BDMS, Birner Dental Management Services Inc, Birner, Boulder New York, Scott Li


Infor gets $1.5 billion more in funding ahead of planned IPO: Reuters

Cloud technology company Infor Inc said on Wednesday it received an investment of $1.5 billion from shareholders Koch Equity Development LLC and private equity firm Golden Gate Capital. The funding builds on Koch Equity’s investment of more than $2 billion in early 2017. Infor said it is considering a potential IPO in 2019 or 2020, subject to market conditions. New York-based Infor helps firms automate businesses by offering specialized software licenses to specific sectors as opposed to selling...
Tags: New York, Trends, Reuters, Infor, Golden Gate Capital, PE Deals, Koch Equity Development LLC, Infor Inc, Koch Equity


Koch Equity, Golden Gate to invest another $1.5 bln in Infor

Koch Equity Development LLC and Golden Gate Capital agreed to invest $1.5 billion in Infor, which sells financial and manufacturing software. Koch, in 2017, closed a $2 billion investment in Infor, of New York, which is backed by Golden Gate, Summit Partners and management. PRESS RELEASE NEW YORK – January 16, 2019 – Infor, a global leader in business cloud software specialized by industry, today announced an agreement to receive a $1.5 billion investment from shareholders Koch Equity Developmen...
Tags: New York, London, San Francisco, Trends, ERP, United States, Koch Industries, Company, Coleman, Koch, Wichita, Infor, Koch Industries Inc, PE Deals, Koch Equity Development LLC, Charles Phillips


Apax Partners invests $200 mln in Fractal Analytics

Apax Partners said Jan. 16 that it invested $200 million for a minority stake in Fractal Analytics, which provides AI to Fortune 500 companies. In 2016, Khazanah Nasional Berhad, the strategic investment fund of the Government of Malaysia, invested $100 million in Fractal, PitchBook said. PRESS RELEASE Funds advised by Apax Partners invest USD 200 million in Fractal Analytics Investment will accelerate Fractal’s path to a $1 billion-revenue company in the AI space New York, London & Mumbai, Janu...
Tags: India, Trends, Malaysia, Gartner, Forrester Research, Khazanah Nasional Berhad, Apax, Economic Times, Khazanah, Srikanth, Evry, Apax Partners, PE Deals, United States UK, Apax Partners Apax Partners, Tech Telco Services Healthcare


Gotham Green invests $4 mln in Chooze Corp

Gotham Green Partners has invested $4 million in Chooze Corp, which owns the LucidMood brand of functional cannabis products. LucidMood produces disposable vape pens. PRESS RELEASE NEW YORK and BOULDER, Colo., Jan. 15, 2019 /PRNewswire/ — Chooze Corp, owner of the popular LucidMood brand of functional cannabis products, announced today that it has secured a $4 million investment from Gotham Green Partners — a leading private equity firm focused on the cannabis space. The investment will enable C...
Tags: New York, Maryland, Colorado, California, Trends, Pennsylvania, Charles Jones, PE Deals, Gotham Green Partners, Gotham Green, Chooze Corp, Nevada Massachusetts California, Energy Chill and Party, Chooze Corp Chooze Corp, Gotham Green Partners Gotham Green Partners


Apollo Global nears deal to buy Arconic for more than $10 billion: WSJ

Apollo Global Management LLC (APO.N) is nearing a deal to buy U.S. aluminum products maker Arconic Inc (ARNC.N) for more than $10 billion, the Wall Street Journal reported on Tuesday. The private equity firm would pay between $21 and $22 per share in a deal that would likely be announced this week, the report said, citing people familiar with the matter. The deal would represent a premium of 10 percent or more as the shares were recently trading just above $19, according to the report. Arconic s...
Tags: Trends, Wall Street Journal, Apollo, WSJ, Reuters, Apollo Global, PE Deals, Arconic, Arconic Inc, U S aluminum products, Arconic Elliott Management Corp


LVL3 buys Hoffman Instrumentation Supply

LVL3 has acquired Hillsboro, Oregon-based Hoffman Instrumentation Supply, a provider of components and systems used primarily in the semiconductor, aerospace and defense, government research laboratories, and other industries. No financial terms were disclosed. PRESS RELEASE PORTLAND, ORE. (PRWEB) JANUARY 14, 2019 LVL3, a private equity group located in Portland, Oregon today announced the acquisition of privately-owned Hoffman Instrumentation Supply (HIS). HIS is a premier manufacturer and dist...
Tags: Trends, Portland, Portland Oregon, Jason, Corey, PE Deals, PRWEB, Hillsboro Oregon, UHV, His, HV, Hoffman Instrumentation Supply, Jason Frank Partner, Corey Hoffman


Virgo invests in 80 Acres Farms

Virgo Investment Group has made a “significant” investment in Cincinnati, Ohio-based 80 Acres Farms, an indoor farming company. No financial terms were disclosed. PRESS RELEASE CINCINNATI, Jan. 15, 2019 /PRNewswire/ — 80 Acres Farms, a leader in the rapidly growing indoor vertical farming industry, announced it has received a significant investment from Virgo Investment Group, a San Francisco Bay Area based private equity firm that invests in companies transforming and disrupting high-potential ...
Tags: Family, Trends, North America, Virgo, Hamilton, San Francisco Bay Area, Company, Cincinnati Ohio, HAMILTON Ohio, PE Deals, Virgo Investment Group, Acres Farms, Ohio Arkansas North Carolina, Alabama Virgo Investment Group, Mike Zelkind, Acres Farms We


OpenGate to buy Saint-Gobain’s silicon carbide unit

OpenGate Capital said Jan. 15 that it agreed to buy the silicon carbide division of Saint-Gobain SA. Financial terms weren’t announced. The Saint-Gobain silicon carbide division produces metallurgical feedstock, refractory materials abrasive grains, and products used in technical ceramics. PRESS RELEASE January 15, 2019 03:00 AM Eastern Standard Time LOS ANGELES & PARIS–(BUSINESS WIRE)–OpenGate Capital, a global private equity firm, announced today that it has entered into exclusive discussions ...
Tags: Europe, Trends, Venezuela, Epa, North America, Paris France, Los Angeles California, Saint Gobain, PE Deals, OpenGate Capital, OpenGate Capital OpenGate Capital, SGO, Saint Gobain SA Financial, Gobain, Norway Belgium Brazil


Bain Capital Private Equity to buy majority of Brillio

Bain Capital Private Equity has agreed to buy a majority of Brillio. Financial terms weren’t announced. Brillio’s current management team will continue to lead the company. Brillio, of Santa Clara, California, provides digital consulting and technology services. PRESS RELEASE SANTA CLARA, CA — January 15, 2019 — Brillio, a global digital technology consulting and solutions company, today announced the signing of a definitive agreement for Bain Capital Private Equity to acquire a majority stake i...
Tags: Verizon, Trends, Bain Capital, Raj, NLP, Wilson Sonsini Goodrich Rosati, PE Deals, Bain Capital Private Equity, Brillio, Brillio Financial, Brillio of Santa Clara California, Raj Mamodia, Raj Mamodia CEO of Brillio, Yokohama Coats, Mamodia, Pavninder Singh


JZ Capital sells Petrocorner

JZ Capital Partners Ltd said Jan. 15 that it sold Petrocorner to a Spanish subsidiary of British Petroleum. JZ Capital said it expected to receive cumulative gross proceeds of 12.1 million euros from the sale (including interim proceeds and escrows). Petrocorner is a network of petrol stations throughout Spain. PRESS RELEASE 15 January 2019 JZ Capital Partners Limited (LSE: JZCP.L or “JZCP”), the London listed fund that invests in US and European microcap companies and US real estate, is pleased...
Tags: London, US, Trends, Spain, London Stock Exchange, Madrid, PE Deals, British Petroleum, New York Chicago London, David Zalaznick, JZ Capital, JZ Capital Partners Ltd, JZ Capital Partners Limited LSE, JZCP, David Zalaznick JZCP, JZ Capital Partners


TA Associates invests in LIST SpA

TA Associates said Jan. 15 that it invested in LIST SpA. Financial terms weren’t announced LIST, of Pisa, Italy, provides trading and compliance software solutions and infrastructural services to financial institutions. Latham & Watkins LLP provided legal counsel and KPMG served as financial adviser to TA Associates. Nctm Studio Legale provided legal counsel and Studio MCCR served as financial adviser to LIST SpA. PRESS RELEASE TA Associates Announces Investment in LIST S.p.A.   BOSTON and PISA,...
Tags: Hong Kong, Europe, Boston, Trends, United States, Malaysia, Italy, Kpmg, Ta, Pisa, United Kingdom Spain, Pisa Italy, PE Deals, TA Associates, Latham Watkins LLP, TA Associates TA Associates


Salt Creek Capital buys Beauchamp

Salt Creek Capital has acquired Brighton, Michigan-based Beauchamp Lawn & Snow Service Inc, a provider of commercial grounds maintenance services and residential landscaping services. No financial terms were disclosed. PRESS RELEASE Woodside, California – January 9, 2019: Salt Creek Capital is pleased to announce the acquisition of the lawn and snow-related assets of Beauchamp Lawn & Snow Service, Inc. (Beauchamp), a leading provider of commercial grounds maintenance services and residential lan...
Tags: Trends, David, Detroit, San Francisco Bay Area, Company, Southeast Michigan, Woodside California, Salt Creek Capital, Creek Capital Salt Creek Capital, PE Deals, Salt Creek, Beauchamp, Brighton Michigan, Daniel Price, Brighton MI, Beauchamp Lawn Snow Service Inc


Shell and PGGM aim to bid for Dutch energy company Eneco: Reuters

Royal Dutch Shell and Dutch pension fund manager PGGM on Monday said they are investigating a joint offer for Dutch energy company Eneco [ENECO.UL]. The 53 municipalities that currently own Eneco, estimated by analysts to be worth about 3 billion euros ($3.4 billion), in December said they will sell the company through an auction later this year.
Tags: Trends, Royal Dutch Shell, Shell, Reuters, PGGM, Eneco, PE Deals