Private Equity Insights

JULY 18, 2023

based fund administrator at about $1.6bn, including debt, people familiar with the matter said. THL prevailed in an auction for the company over other private equity firms because its bid was favoured by Standish’s management, which currently holds a roughly 45% stake in the business, one of the sources said.

Buyout 130

Buyout Private Equity Firms Private Equity Firms Stakes 130

Private Equity Insights

JUNE 29, 2023

billion including debt on Wednesday, topping a rival bid from KKR & Co (KKR.N) Arcline’s bidding war with KKR had already forced the latter to sweeten its deal with Circor to $1.7 KKR also plans to offer Circor employees equity in the company after the buyout, as it does with many of its companies.

Bidding 130

Bidding Private Equity Firms Private Equity Firms Buyout 130

Private Equity Insights

JULY 12, 2024

Infrastructure investors and utilities are drawn to the stable, predictable returns of grids like ENWL, particularly during a period when the renewable energy sector is under pressure from high interest rates, increased debt costs and supply chain disruptions. Source: Reuters Can’t stop reading?

Bidding 130

Bidding Private Equity Firms Private Equity Firms Buyout 130

Financial Times M&A

MAY 7, 2022

Billionaire co-founders grew close to Todd Boehly during their unsuccessful bidding battle for debt manager CBAM

Bidding 98

Bidding Buyout Debt 98

Private Equity Insights

JUNE 28, 2023

billion) from the sale of a construction subsidiary to its major shareholder, in a buyout deal that would help it cut debt and pay a special dividend. It will use rest of the proceeds to repay debt. billion buyout offer appeared first on Private Equity Insights. New World Development (NWD) (0017.HK) billion ($2.78

Buyout 130

Buyout Private Equity Firms Private Equity Firms Bidding 130

Private Equity Insights

JUNE 28, 2023

The London-based private equity firm was in the second stage of bidding for WGSN, which has a price tag of 800 million pounds ($1.02 media group Hearst Communications also abandoned plans to pursue a bid, one of the sources and a fourth source familiar with the matter said. billion), they said. read more H.I.G.

Bidding 130

Bidding Private Equity Firms Private Equity Firms Due Diligence 130

Private Equity Wire

JULY 25, 2024

Private equity firms Clayton Dubilier & Rice and Permira have made a bid to acquire French cybersecurity specialist Exclusive Networks, in a deal that values the company at approximately €2.2bn ($2.4bn), according to a report by Bloomberg. The binding offer is for €24.25

Bidding 98

Bidding Buyout Private Equity Firms Private Equity Firms 98

The Motley Fool

OCTOBER 13, 2024

Separating from XPO, the argument went, would allow the company to focus on acquisitions that best serve its own goals and use debt and equity compensation to advance the business. With multiple buyers expressing interest in GXO, a bidding war could ensue for the logistics company. Image source: GXO Logistics. on Thursday at $58.07.

Buyout 130

Buyout Private Equity Firms Private Equity Firms Bidding 130

The Motley Fool

MAY 28, 2024

per share, and CoStar trades for $86 per share, creating a spread -- the percentage between the stock's trading price and buyout price -- of roughly 22%. 3) What chance is there that something still better will transpire -- a competing takeover bid, for example? CoStar's Average Share Price Exchange Ratio to CoStar Shares $77.42

Mergers and Acquisitions 242

Mergers and Acquisitions Bidding Shareholders Enterprise Values 242

The Motley Fool

SEPTEMBER 27, 2023

There is the publisher that owns the ad space, the supply side platform (SSP) that sends out the bid request for the publisher, the advertiser looking to buy ad space, and then the demand side platform (DSP), which is what The Trade Desk is. billion in current liabilities and no long-term debt. billion in current assets, versus $2.1

Bidding 237

Bidding Buyout Liabilities Debt 237

Private Equity Wire

OCTOBER 9, 2024

Investment banks, which faced significant losses on risky merger and acquisition (M&A) loans due to a spike in global interest rates, are now aggressively returning to the leveraged buyout (LBO) market — one of the most profitable sectors in finance, according to a report by Bloomberg.

Leveraged Buyouts 97

Leveraged Buyouts Leveraging Buyout Banks 97

Private Equity Wire

OCTOBER 22, 2024

Banks and private credit firms are vying to provide over $5bn in debt financing to support a potential buyout of eye care company and Ray-Ban owner Bausch + Lomb, by Blackstone and TPG, according to a report by Bloomberg. Bausch + Lomb has been exploring a sale, with Blackstone and TPG reportedly working on a joint bid.

Debt 96

Debt Banks Finance Financing 96

Private Equity Wire

JULY 31, 2024

The Wall Street Journal recently reported that Carlyle is in advanced talks to acquire Vantive for over $4bn, including debt. Private credit lenders led by Ares also agreed last year to provide $1.95bn for the buyout of Baxter’s contract medical manufacturing unit. The initial borrowings would position Vantive’s leverage at 4.2

Debt 98

Debt Bidding Buyout Finance 98

The Motley Fool

DECEMBER 3, 2023

Let's explore what happened since the acquisition bid was announced and how investors could capitalize on this situation. billion at a buyout price of $61 per share. Almost a year later, in July 2023, that deal was amended to a buyout price of $1.4 Almost a year later, in July 2023, that deal was amended to a buyout price of $1.4

Mergers and Acquisitions 130

Mergers and Acquisitions Buyout Bidding Shareholders 130

Private Equity Insights

MAY 17, 2024

Oak Hill Advisors is leading a group of private credit lenders in discussions to provide about $1bn of debt to support Vista Equity Partners’ acquisition of revenue management solutions business Model N, according to a report by Bloomberg. read more Blackstone-led consortium bids Haldiram Snacks at $8.5

Buyout 130

Buyout Bidding Finance Financing 130

Private Equity Insights

JUNE 8, 2024

EG Group said it will use the proceeds from the divestment to repay debt and strengthen its balance sheet. EG Group said it has now refinanced all of its debt due to have matured in 2025 “against a backdrop of a very challenging leveraged finance and high-yield corporate bond market.” billion Sterling bond tranche in 2021.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Bidding 130

The Motley Fool

AUGUST 28, 2024

Then, retail colossus Walmart (NYSE: WMT) entered the streaming platform arena by placing a buyout offer for smart TV maker Vizio (NYSE: VZIO). billion buyout bid works out to 1.3 times Vizio's trailing sales, making Roku look expensive at roughly three times that ratio when the buyout was announced. Roku has $2.1

Buyout 130

Buyout Bidding Debt Returns 130

Private Equity Insights

MAY 17, 2024

City sources said on Wednesday that the transaction would value Focus Group at just under £800m including debt, making it the latest addition to the ranks of Britain’s private company unicorns – a reference to its new $1bn valuation. read more Blackstone-led consortium bids Haldiram Snacks at $8.5

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Stakes 130

Private Equity Insights

MAY 3, 2024

Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. Nordstrom also had long-term debt of $2.9 Nordstrom formed a special board committee in 2017 to consider a bid by the family to go private and explored a deal with several private equity firms, including Leonard Green.

New York Stock Exchange 130

New York Stock Exchange Private Equity Firms Private Equity Firms Buyout 130

Private Equity Insights

NOVEMBER 2, 2023

EQT was among the buyout firms that were in the final round of bidding for Global Switch, Bloomberg News reported in late 2022. The discussions with prospective suitors ground to a halt later amid tightening financing conditions and lower-than-expected bids, people familiar with the matter have said.

Due Diligence 130

Due Diligence Initial Public Offering Bidding Private Equity Firms 130

Private Equity Insights

NOVEMBER 29, 2023

The shareholders, which include the company’s founders and buyout firm Permira, have been working with bankers at Goldman Sachs (GS.N) They have now revived the sale process, inviting private equity funds to bid for the business, the people said. Earlier this year, Reuters reported that buyout group Thomas H.

Stakes 130

Stakes Buyout Private Equity Firms Private Equity Firms 130

Private Equity Insights

DECEMBER 13, 2023

Vistara has maintained a consistent focus on mid-later stage enterprise software companies across North America seeking flexible and typically less dilutive forms of growth capital such as term debt, convertible debt, and/or structured equity. is weighing a bid for UK's Pension Insurance Corporation.

Funds 130

Funds Bidding Private Equity Firms Private Equity Firms 130

The Motley Fool

MARCH 18, 2024

billion with a buyout offer of $61 per share. That offer was modified in July 2023 when iRobot incurred an additional $200 million in debt to support its operations, resulting in a new buyout price of $1.4 Another recent instance includes JetBlue 's unsuccessful bid to acquire Spirit Airlines. billion, or $51.75

Buyout 130

Buyout Debt Bidding Legal 130

The Motley Fool

DECEMBER 18, 2023

The Pittsburgh-based iconic steel company received a buyout bid from a Japanese counterpart that could reshape the entire steelmaking industry. Steel debt. It could take some time for earnings to fall to reflect higher debt financing costs. Image source: Getty Images. A trans-Pacific steel giant Shares of U.S.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraged Buyouts Buyout Bidding 130

Private Equity Insights

JUNE 28, 2023

specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach: H.I.G.’s s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.

Capital 130

Capital Buyout Bidding Debt 130

The Motley Fool

SEPTEMBER 29, 2024

Qualcomm's takeover of NXP was never approved, but it would make a lot more sense for the chipmaker to make a fresh bid for NXP instead of Intel. It was also shouldering $13 billion in long-term debt with a debt-to-equity ratio of 1.1. It would also weaken its own balance sheet by inheriting Intel's $48 billion in debt.

Investors 130

Investors Enterprise Values Buyout Bidding 130

Private Equity Insights

MARCH 17, 2023

But Ares executives insist their firm remains steadfast in its goal of offering institutional investors more than just private debt. William Benjamin, head of Ares’ real estate group, describes the parent company’s prowess in private debt as an invaluable fundraising tool. Thus far, Ares has diversified farthest into real estate.

Pension Funds 130

Pension Funds Buyout Leveraged Buyouts Asset Management 130

Private Equity Insights

JUNE 12, 2023

Thoma Bravo, a buyouts group that specialises in software deals and manages $127bn in assets, is set to receive a multibillion-dollar windfall from the sale. Nasdaq will raise about $5.9bn in new debt from a group of banks led by its advisers Goldman Sachs and JPMorgan to finance the purchase of Adenza. times EBITDA.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Companies Stock Exchanges 130

The Motley Fool

JUNE 16, 2024

This fact isn't lost on Tellurian, which has openly admitted that it would accept a buyout bid if a good offer came along. This increases the value of the project since other companies seeking new facility approvals are currently in a state of limbo.

Buyout 130

Buyout Bidding Assets Debt 130

The Motley Fool

JANUARY 29, 2024

Rising interest rates were to blame because they made funding for growth and buyouts of debt in the form of convertible equity portfolio financings costly for the renewable energy specialist. That reflects nearly 12% growth at the midpoint.

Investing 230

Investing Exchange-Traded Funds Assets Prospects 230

The Motley Fool

JANUARY 4, 2024

Including debt, the deal was valued at $64.5 What happens when a deal falls apart Sometimes, acquisition bids get really ugly and end up in court. Essentially, when a buyout offer gets taken off the table, whatever portion of the premium that had been offered by the buyer that was priced into the target's shares instantly goes away.

Mergers and Acquisitions 130

Mergers and Acquisitions Buyout Bidding Banks 130

Private Equity Wire

APRIL 29, 2024

A number of private credit firms including Blackstone have held talks with KKR & Co over providing a debt package of at least $525m to support the buyout firm’s bid to acquire Perpetual’s corporate trust and wealth management units, according to a report by Bloomberg.

Finance 52

Finance Financing Private Equity Firms Private Equity Firms 52

The Motley Fool

FEBRUARY 7, 2025

Their growth rates are expected to slow a bit during 2025, given slightly higher levels of supply, and less of a tailwind from bad debt declining, thus they received stable to moderating outlooks. Atlanta ranks as a B performer with an improving outlook mainly due to the progress we've made in reducing bad debt and fraudulent activity.

Debt 189

Debt Leveraging Assets Bidding 189

The Motley Fool

AUGUST 2, 2024

The acquisition included the assumption of $243 million in secured debt is our intention to repay the secured debt in November 2025 as prepayment of the debt prior to November of 2025 will result in significant prepayment penalties. The interest rate of 10.38% on the assumed debt is significantly above Omega debt market rates.

Investors 130

Investors Debt Assets Capital 130

Private Equity Wire

JUNE 27, 2023

Rolling with the punches Submitted 27/06/2023 - 1:47pm This article first appeared in the March 2023 T ech Buyouts Insights Report The tech buyout market has watched deal activity take a downward trend through Q1 2023. Indeed, tech buyouts have been hit harder than most.

Buyout 52

Buyout Bidding Leveraging Deal Flow 52

The Motley Fool

FEBRUARY 22, 2024

Despite the challenges impacting 2023 full-year CAFD, the company remains well positioned for growth with a strong balance sheet, pro forma credit metrics in line with target ratings, and 99% of its consolidated long-term debt with a fixed interest cost. times corporate debt to corporate EBITDA.

Debt 147

Debt Capital Finance Financing 147

Pension Pulse

SEPTEMBER 30, 2024

billion) private equity portfolio will be split, with Michael Block leading the global funds strategy, while Eric Haley continues to oversee the North American buyout program. This new strategy will complement, rather than compete with, our buyout strategy, ensuring a diversified investment approach,” the spokesperson said. “A

Buyout 59

Buyout Pension Funds Investing Mergers and Acquisitions 59