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Blackstone leads $2bn deal for PE-owned accounting firm

Private Equity Insights

A Blackstone-led investor group is acquiring a majority stake in US accounting firm Citrin Cooperman, valuing the company at over $2bn, according to sources cited by the Financial Times on Tuesday. This could mark Blackstones first investment in the accounting sector. Billion Loan for AirTrunk Bid Private equity firm Blackstone Inc.

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Apax acquires Evelyn Partners’ accounting arm for £700m

Private Equity Wire

British private equity firm Apax has beaten off competition from rival buyout firm Bridgepoint to acquire the accounting arm of Evelyn Partners, in a deal valued at around £700m, according to a report by CityWire. Evelyn Partners will now transition into a pure-play wealth manager, shedding its accounting and professional services operations.

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Here's How I Bid on a Business Class Upgrade for Cheap

The Motley Fool

Some airlines allow passengers to bid for a seat upgrade. Some of these airlines allow customers to bid on seat upgrades. Here's how it works: You'll be asked how much you want to pay to upgrade your seat, and then the airline decides whether to accept your bid. My bids were accepted on three occasions.

Bidding 246
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Billionaire Steven Cohen Sold Point72's Entire Stake in Supermicro and Is Piling Into This Game-Changing Artificial Intelligence (AI) Stock Instead

The Motley Fool

Cohen's Point72 bids adieu to potentially troubled AI stock Supermicro In Sizing the Prize , the analysts at PwC forecast a $15.7 In late August, short-seller Hindenburg Research published a report that accused Supermicro of "accounting manipulation, sibling self-dealing, and sanctions evasion."

Stakes 245
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How Does Buying a Home in a Foreclosure Auction Work?

The Motley Fool

While anyone can attend these auctions, you'll usually have to register in advance if you want to place a bid on a home that's up for auction. At the auction, you'll be bidding against others who also want to buy the property. Whichever qualified buyer has the highest bid will win the auction.

Bidding 246
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Rocket Lab Really (Really) Wants NASA to Pay It $4 Billion

The Motley Fool

Now, Rocket Lab isn't the only company bidding on MSR. To the contrary, everyone who's anyone in space , from SpaceX to Blue Origin to L3Harris (NYSE: LHX) , Lockheed Martin (NYSE: LMT) , and Northrop Grumman (NYSE: NOC) is also bidding on the contract. These other companies are all said to be bidding between $5.8

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This Little-Known Space Company Forecasts Parabolic Hypergrowth

The Motley Fool

Add them up, and these two contracts account for $766 million of the $780 million in work BlackSky seems to be saying it won in the quarter. Put another way, BlackSky didn't win hundreds of millions of dollars in revenue -- but merely the right to bid against others for the work.

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