This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A previous attempt to sell the company to EQT in 2023 collapsed, despite final bids reportedly valuing the firm at around $8bn including debt. The sector continues to attract strong private capital inflows, supported by secular growth trends in artificial intelligence, cloud services, and enterprise digitalisation.
HCI Equity Partners has closed the sale of MSI Express , a national contract manufacturing and packaging firm for the food and beverage industry, to Nonantum Capital Partners. Boston-based Nonantum was founded in 2018 as a spin-off from Charlesbank Capital Partners. MSI has a strong track record and a bright future.
Since Suma Capitals original investment in 2020, the company has tripled its EBITDA and expanded its footprint across the value chain. The continuation fund structure allows Suma to extend its ownership while unlocking liquidity and institutional capital. Impact investor Blue Earth Capital is also participating in the fund.
In April 2023, Vestar closed a $1.2bn single-asset continuation vehicle for its stake in market research firm Circana, with Blackstone Strategic Partners and HarbourVest Partners leading the investment. Since its inception in 1988, Vestar has invested over $12bn in 94 companies.
SB360 Capital Partners, chaired by American Eagles CEO Jay Schottenstein, also took part in the deal. For instance, in 2023 the brand achieved a 20% increase in sales, reaching $280m. True Religion announced on Tuesday that private equity firm Acon Investments has acquired a majority stake in the company.
The deal follows PAI’s decision to explore strategic options for Apleona in 2023. Bain Capitals investment aims to further strengthen Apleonas market position and expand its footprint across Europe. The transaction marks one of the most significant private equity deals in the European facility management sector in recent years.
The CMA originally ordered Crlia to divest Jus-Rol after ruling in 2023 that the acquisition reduced competition in the UKs 100m ready-to-bake dough category. Rinkelberg, the London-based investment office of the TomTom founders, acquired the ready-to-bake pastry brand after Crlias repeated attempts to overturn the CMAs decision failed.
Main Street Capital (NYSE: MAIN) Q3 2024 Earnings Call Nov 08, 2024 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings, and welcome to the Main Street Capital third-quarter earnings conference call. Image source: The Motley Fool. You may begin.
In The Power of Dividends: Past, Present, and Future , the researchers at Hartford Funds compared the performance of dividend stocks to non-payers between 1973 and 2023. As a result, PennantPark is able to lock in loans with capital-needy businesses at rates that are well above the market average. Whereas the U.S.
Family Dollar has underperformed within Dollar Trees broader portfolio, prompting the retailer to evaluate alternatives since mid-2023. The reported sale follows Dollar Trees strategic review of the business, which it originally acquired for $9bn in 2015.
There was plenty of news about Ares Capital (NASDAQ: ARCC) on Wednesday, but investors didn't generally consider it to be good. Its total investment income -- read "revenue" -- was $759 million, versus the $707 million it reaped in the same period of 2023. increase. per share) from the year-ago tally of $413 million.
PARTNER CONTENT Aqua Capital is a private equity firm managing investments in sustainable businesses across the Agribusiness & Food value chain. Founded in 2009, Aqua has raised over $1bn in capital, deploying it across 45 sector-disrupting companies, including those in technology and innovation, sustainability, and globalisation.
The pension fund’s net assets grew to $123bn as of December 31, up from $112.6bn in 2023. These included a revised benefit formula for eligible active members with service in 2023 and a full cost-of-living adjustment for retired and deferred members. HOOPPs public equities portfolio delivered a 17.9% Can`t stop reading?
UK-based European private equity firm TDR Capital has made a majority investment in CorpAcq, a business acquisition compounder based in Altrincham, UK, which specialises in investment in UK SMEs with a focus on industrial products and services.
Even if there's a pullback in capital expenditures from hyperscalers, it's not very likely a company like Nvidia will pause innovation. Rather, it would make more sense to continue pushing the bounds of technology advancement so that when the next cyclical growth period occurs, ASML is ready to capitalize.
Main Street Capital (NYSE: MAIN) Q4 2024 Earnings Call Feb 28, 2025 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings and welcome to the Main Street Capital fourth quarter earnings conference call. Image source: The Motley Fool. You may begin. for the quarter.
Since early 2024, we achieved significantly better results than in 2023 as our business, sales teams, and markets is on better footing, as evidenced by our ability to generate record Q3 results and accelerate our growth prospects by winning partnerships with some of the world's top companies. million, achieving 12% growth from Q3 2023.
ACON Investments has sold Kept Companies , a provider of commercial and industrial cleaning services, to DFW Capital Partners. In January 2023, DFW held a final, oversubscribed, and hard cap close of DFW Capital Partners VII LP with $800 million of capital. 2025 Private Equity Professional | April 18, 2025
Listeners should be aware that the change in Organigram's year-end effected in fiscal 2023 resulted in fiscal 2023 containing 13 months and Q4 fiscal 2023 containing four months. This was no small feat, particularly given the challenging capital market environment for cannabis investments.
Global private equity and venture capital deal activity saw a 24.7% While the 2024 figures represent a rebound from 2023, they remain below the highs of 2021, when deal value peaked at $1.17tn. While the 2024 figures represent a rebound from 2023, they remain below the highs of 2021, when deal value peaked at $1.17tn.
That may lead investors to look for alternative ways to capitalize on the growth of the AI chip market. For comparison, generative AI accounted for 15% of Broadcom's fiscal 2023 semiconductor revenue of $28 billion -- just $4.2 Importantly, that includes the revenue contribution from VMware, which it acquired in November 2023.
A consortium of private credit funds, including Antares Capital, Blue Owl Capital, KKR, and Goldman Sachs Asset Management, has agreed to take control of Alacrity. BlackRock had previously acquired a controlling stake in the business from private equity firm Kohlberg & Company in February 2023.
The tech-laden Nasdaq Composite index is having a forgettable 2025 so far as it recently entered correction territory following remarkable gains in 2023 and 2024 thanks to catalysts such as artificial intelligence (AI). Specifically, Nvidia stock shot a remarkable 820% over 2023 and 2024, fueled by terrific growth in its revenue and earnings.
His Pershing Square Capital Management hedge fund owns only 10 stocks. Ackman first initiated a position in Alphabet in early 2023 when OpenAI's ChatGPT was taking the world by storm. However, as Ackman told CNBC in a September 2023 interview, "Google really fumbled their offering." million Alphabet Class C shares and 3.99
Take an investor presentation from June 2023, for example, when the company projected it would book 2023 annual revenue of $1.2 billion to $1.4 billion and a gross profit of $50 million to $140 million. Instead, the company posted revenue and a gross loss of $891.3 million and $507.8 million, respectively. million in 2024.
Profit margins are expanding, with operating margin going from 27% in 2023 to 32% in 2024. On top of this, Alphabet returns a ton of capital to shareholders in the form of buybacks and dividends. Google Cloud is growing especially quickly due to artificial intelligence (AI), with 30% revenue growth last quarter.
The vehicle, Blackstone Europe Real Estate Partners VII, is the largest external capital pool the firm has ever raised for European property and slightly exceeds its previous record. The new fund brings Blackstones total capital available for deployment across its three flagship opportunistic real estate strategies to $47bn.
In 2023, Informa acquired Ascentials conferences, including Cannes Lions, for 1.2bn. Alongside Searchlight Capital, it acquired UK events company Hyve in 2023. read more Blue Owl Capital supports $4bn acquisition of PCI Pharma Services Blue Owl Capital backed the $4bn acquisition of PCI Pharma Services, a leading provider of.
trillion by 2035 (up from $630 billion in 2023), driven by demand for satellites, launches, navigational services and more. The industry is currently dominated by a few large companies, like SpaceX , with a 45% share of global satellite launches, as of 2023. According to McKinsey & Co., the global space economy could be worth $1.8
billion was 26% higher than the fourth quarter of 2023 and 12% above the high end of our prior guidance range, driven by revenue outperformance and lower-than-expected adjusted fixed opex. For the full year, gross bookings of $166 billion increased 10% versus 2023, and revenue of $24 billion grew 11% year over year.
Metric Q4 2024 Analysts' Estimate Q4 2023 Change (YOY) Adjusted EPS ($0.10) ($0.10) ($0.10) 0.0% Notable changes in forward guidance offer insights into strategic capital deployment priorities such as innovation and ongoing project development, crucial for sustaining the growth and expanding market presence of Rocket Lab USA.
SK Capital Partners has acquired Spectra Confectionery , a Canadian manufacturer of decorative toppings and confectionery products, from its founding Georgas family. We are thrilled about our partnership with SK Capital, said John Georgas. Its most recent fund, SK Capital Partners VI LP , closed in April 2024 with $2.95
increase compared to 2023. million for the year, which was a 335% jump compared to 2023. It will reduce the need for additional financing in the future, or capital raises that dilute existing shareholders and negatively impact their returns. That's why during the fourth quarter of 2024 (ended Dec.
The year saw five deals exceeding $5bn, up from two in 2023 and one in 2022. Deal volumes remained consistent with historical trends, as increased activity in North America and Europe offset a 49% drop in Asia-Pacific deal volumes since 2023. Source: PR Newswire Can’t stop reading?
AMPAM Parks Mechanical , a portfolio company of Gemspring Capital, has acquired Seal Electric. In January 2023, Gemspring Capital closed two funds: Gemspring Capital Fund III LP , its third buyout fund, at $1.7 billion in capital. With these closings, Gemspring, based in Westport, Connecticut, now manages $3.4
During Cortecs ownership, RMS completed the acquisitions of Texas-based Breaux Machine Works (July 2022), Texas-based Origin Metrology Group (May 2023), Houston-based Plant Process Machine Works (November 2023), and New York-based Blading Services Unlimited (November 2023). In March 2023, Arcline closed its third fund with $4.5
Causeway has introduced a fund aimed at capitalizing on a unique opportunity. Currently, more than 70% of these funds take over a year to raise capital. By way of background, Lichter sold Newbury to Bridge Investment Group in 2023. This presents a wider range of opportunities than has been historically accessible.
The capital will also help consolidate operations in the UK and Canada, enabling greater efficiency and fostering community connections. The boutique fitness market, valued at $48bn in 2023, is projected to grow to $86bn by 2030. The investment will support Barrys plans to open 12 new locations across the U.S.,
This marks Morgan Stanleys renewed effort to exit its position in PNE, following a previous attempt in early 2023 that failed to result in a transaction. Discussions remain in the early stages and a deal is not guaranteed. EQT and Engie were reportedly among the interested parties at that time. Can`t stop reading?
Over the past year, PST has expanded its operations with several notable acquisitions, including Austria-based Sensore Electronic in August 2023 and California-based SensoScientific in February 2023. in December 2023. Arcline’s third fund closed in March 2023, raising $4.5 The company is led by CEO Adam Markin.
In response, major banks have formed partnerships with private credit managers to maintain client relationships while reducing capital risk. Deutsche Banks move mirrors Citis 2023 partnership with Apollo, reflecting a broader trend among financial institutions adapting to the private credit boom.
CAI Capital Partners has formed GreenArrow as a new electrical infrastructure services platform. The formation of GreenArrow unites three infrastructure services businesses that CAI previously acquired: Midwestern Electric in November 2021, Kuharchik Construction in June 2023, and Bear Electrical Solutions in August 2024.
Launched in late 2023, Fusion provides non-US-based wealthy investors access to Hgs private equity funds and co-investment opportunities. As traditional institutional fundraising slows, private equity firms are increasingly turning to private wealth channels to tap into a vast pool of untapped capital. Can`t stop reading?
The firm reported a 7% increase in net revenue to 654m and an 18% rise in operating profit to 146m for the year ending December 31, 2023. The potential investment discussions follow a similar move in May when private equity firm New Mountain Capital acquired a stake in Grant Thorntons US operations to support its expansion plans.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content