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Blackstone leads $2bn deal for majority stake in accountancy firm Citrin Cooperman

Private Equity Wire

Private investment giant Blackstone, in partnership with smaller investors, is acquiring a majority stake in Citrin Cooperman, a US accounting firm, in a deal that values the company at over $2bn, according to a report by the Financial Times. Private equity has driven a wave of mergers and acquisitions in the accounting sector.

Stakes 98
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Tilray Brands Will Still Be in Acquisition Mode in 2024: Is That a Good Thing for Investors?

The Motley Fool

That has led many marijuana producers to pursue acquisitions to bolster their top lines. CEO says he's looking at more acquisitions In an interview with MarketWatch last month, CEO Irwin Simon said that more deals could be coming soon. "I I will look to do more acquisitions in 2024," the chief executive said.

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Apollo and ICG expand into South Korea as private equity gains momentum

Private Equity Insights

The nation’s mergers and acquisitions market remained robust in 2024, recording $18.6bn in deal value, ranking third in the region. Large buyouts accounted for 42% of total transactions in 2024, while smaller deals comprised 30%. Bolt-on acquisitions have become a key strategy, representing 27-31.5%

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Cisco Bets Big on Cybersecurity With Its Splunk Acquisition -- Is the Stock a Buy?

The Motley Fool

If the deal is approved, it will instantly shoot into the top-five largest software acquisitions ever. Net income under generally accepted accounting principles ( GAAP) is also nearly back to breakeven. Numerous small tuck-in acquisitions have been key, and Cisco has done a bang-up job. That isn't exactly chump change.

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The Evolving Playbook: Expert-Led Operational Enhancements in Private Equity

Private Equity Professional

Multiple mergers and acquisitions had created operational inconsistencies within the business. It is in this space that operational management experts are able to create a thoughtful operating model that can be used to not only to compare performance across the network but create a useful blueprint for additional acquisitions.

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Where Will BigBear.ai Stock Be in 1 Year?

The Motley Fool

BigBear.ai (NYSE: BBAI) , a developer of data mining and analytics tools, went public by merging with a special purpose acquisition company (SPAC) on Dec. Its investors retreated as its growth cooled off, it broadly missed its pre-merger targets, and it racked up steep losses. Its stock opened at $9.84 on April 13, 2022.

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If You Invested $10,000 in BigBear.ai in 2021, This Is How Much You'd Have Today

The Motley Fool

BigBear.ai (NYSE: BBAI) went public by merging with a special purpose acquisition (SPAC) company on Dec. went public, it provided some ambitious growth targets in its pre-merger presentation. BigBear.ai's prospects sounded promising, but it broadly missed its rosy pre-merger targets. and climbed to an all-time high of $16.12