Private Equity Wire

SEPTEMBER 26, 2024

Buyout firm L Catterton, backed by luxury conglomerate LVMH, is to acquire a majority stake in the pilates studio operator Solidcore from VMG Partners, Peterson Partners, and Kohlberg & Company in a deal that values the fitness chain at $700m, according to a report by Reuters.

Stakes 98

Stakes Conglomerates Buyout Startups 98

The Big Picture

JANUARY 30, 2024

Are these all run independently or are they run as part of a big conglomerate or a little bit of each? And the rest of the pack includes Vanguard as well as a bunch of other much smaller clean sheet startups in, in the space. One is that small startup and the other is the company that has its own ongoing revenue source.

Startups 59

Startups Public Companies Companies Assets 59

The Big Picture

APRIL 18, 2023

Venture capital was the nomenclature for everything that was basically a private investment. RITHOLTZ: But you’re not dealing with startups; you’re dealing with — BARATTA: Correct. BARATTA: The media conglomerate? RITHOLTZ: — firms or private equity firms? BARATTA: Yeah. BARATTA: — technology.

Private Equity Firms 64

Private Equity Firms Private Equity Firms Assets Financing 64

The Big Picture

JUNE 11, 2024

We were basically dealing with 401k plans that were from startup to a hundred or so million. Investment banks, there’s two and a few others. But the brokerage houses, you know, Morgan and Merrill and the investment banks, multi-trillion dollars. Well, we have 60, 70,000 private clients. So they see a future.

Mergers and Acquisitions 64

Mergers and Acquisitions Consulting Consultants Taxes 64

The Big Picture

JANUARY 24, 2023

It was between corporate law and investment banking. RITHOLTZ: So even back then, when it was the size that you could take a Christmas picture with everybody in one room at Goldman, they’re still doing investment banking. RITHOLTZ: So this is in pouring money into startups like venture does. KLINSKY: Yeah.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

The Big Picture

APRIL 11, 2023

DAMODARAN: Well, you know, I’m glad you brought up Apple because I think of all the things Steve Jobs did that made the kind of rebirth of Apple possible, the first was on the original iTunes disruption, he told the team, and this is, I think, well documented, act like you’re a startup. Don’t worry about legacy effects.

Education 119

Education Financing Finance Taxes 119

The Big Picture

JANUARY 23, 2024

Co-founder and managing partner at OvaTure Climate VC focuses on all sorts of fascinating startup and climate change technology, from concrete to energy production, to storage, to carbon capture, to material science, to alternative fuels. And a campaign is like a lot like a startup. It’s a really flat organization.

Startups 52

Startups Conglomerates Venture Capital Capital 52