Mon.Nov 25, 2024

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Granite Creek Acquires Global Animal Products

Private Equity Professional

Granite Creek Capital Partners has acquired Global Animal Products (GAP), a manufacturer of feed additives for livestock. GAP specializes in producing and distributing complex trace minerals for livestock, with a particular focus on liquid applications. Among its product offerings is ZinMet liquid zinc methionine, a supplement designed to enhance animal health and performance.

Buyout 130
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Fledgling data, AI investor Theory Ventures already back with $450m second fundraise after successful 2023 debut

AltAssets

Data, AI and Web3 software investor Theory Ventures has already scored a $450m final close for its sophomore fund, almost double the size of its debut vehicle closed last year. The post Fledgling data, AI investor Theory Ventures already back with $450m second fundraise after successful 2023 debut appeared first on AltAssets Private Equity News.

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Odyssey Carves Out Honeywell’s PPE Business in $1.3 Billion Transaction

Private Equity Professional

Honeywell has agreed to sell its Personal Protective Equipment (PPE) business to Protective Industrial Products , a portfolio company of Odyssey Investment Partners , for $1.325 billion in an all-cash transaction. PIP provides a wide range of hand protection products and other consumable personal protective equipment (PPE). With a catalog of over 5,000 SKUs, PIP’s products include hand and arm, eye, head, hearing, body, and respiratory protection.

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PEP makes $780m takeover bid for SG Fleet

Private Equity Wire

Australian vehicle leasing and management company SG Fleet has entered exclusive negotiations with Pacific Equity Partners (PEP) following a takeover proposal from the private equity firm that values the company at around AUD1.2bn (US780.1m). PEP’s indicative bid represents a 31% premium to SG Fleet’s last closing share price. In response, SG Fleet’s largest shareholder, Super Group, which owns a 54% stake, expressed support for the decision to engage with PEP.

Bidding 97
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River Associates Forms Label Platform

Private Equity Professional

River Associates has acquired ID Label , a manufacturer of barcode labels and warehouse signage. The acquisition of ID Label marks River Associates’ third platform investment in 2024. ID Label produces custom variable information labels and signage used by third-party logistics providers, multi-site manufacturers, and organizations across the logistics, healthcare, electronics, and lumber sectors.

Finance 130
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How to Start Collecting Passive Income From Real Estate For Less Than $60

The Motley Fool

Investing in real estate can be an excellent way to generate passive income. The great news is that you don't need much money to get started. While buying a rental property could set you back more than $100,000 after factoring in the down payment, closing costs, and repairs, other real estate investments have a much, much lower initial investment. Real estate investment trusts ( REITs ) offer some of the lowest investment minimums.

Taxes 246
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GenNx360 Closes Sale of ITsavvy to Xerox

Private Equity Professional

GenNx360 Capital Partners has completed the sale of its portfolio company, ITsavvy , to publicly traded Xerox Holdings for $400 million. The deal includes $180 million in cash at closing and $220 million in secured promissory notes. ITsavvy provides IT services and products, including software, cloud services, managed services, and hardware such as servers, networking products, and workstations.

Education 100

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Clifford Chance adds third private equity Partner in New York

Private Equity Wire

Global law firm Clifford Chance has added private equity Partner Vince Ferrito to its US Private Equity and Restructuring and Insolvency practices following the recent arrivals of David Schultz and Matthew Hinker. All three partners have joined the firm from O’Melveny. Ferrito has experience advising on strategic commercial transactions, including mergers and acquisitions, joint ventures, restructurings, recapitalisations, minority investments, divestitures, corporate governance matters, a

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Warren Buffett's New Favorite Stock to Buy -- a 7,000%-Gainer Since Its IPO -- May Be Wall Street's Newest Stock-Split Stock in 2025

The Motley Fool

Few if any money managers command attention on Wall Street quite like Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett. Since ascending to the role as Berkshire's chief in the mid-1960s, the aptly named "Oracle of Omaha" has overseen a scorching-hot cumulative return in his company's Class A shares (BRK.A) of nearly 5,700,000%. Nearly doubling up the annualized total return of the benchmark S&P 500 spanning six decades is bound to get a money manager noticed.

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Advent agrees sale of Indian packaging firm to PAG for nearly $1bn

Private Equity Wire

US private equity firm Advent International has reached an agreement to sell Indian packaging giant Manjushree Technopack to Hong Kong-based investment firm PAG for an enterprise value nearing $1bn, according to a report by Reuters. The reports cites unnamed sources with direct knowledge of the matter as saying that Advent, which acquired Manjushree in 2018, had initially been preparing for an initial public offering (IPO), with Manjushree filling its IPO application with the Securities and Exch

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3 Reasons to Buy Walmart Stock Like There's No Tomorrow

The Motley Fool

Walmart (NYSE: WMT) stock is the second-best-performing investment in the Dow Jones Industrial Average this year. That result might seem strange given that the retailer isn't nearly as profitable as the AI-powered tech giants that have dominated headlines in the past year. Walmart does have exposure to some attractive tech spaces, of course. But it is still a retailing stock, with all the limited growth and earnings opportunities that come with operating in that competitive sector.

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Leonard Green GP secondaries fund Sage leads continuation fund for Court Square’s PlayCore

AltAssets

Court Square Capital Partners has closed a single-asset continuation fund for its portfolio company PlayCore, a provider of playground equipment and recreation products. The post Leonard Green GP secondaries fund Sage leads continuation fund for Court Square’s PlayCore appeared first on AltAssets Private Equity News.

Funds 98
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Better Artificial Intelligence Stock: Broadcom vs. Nvidia

The Motley Fool

Among the companies benefiting from artificial intelligence (AI) entering the mainstream are semiconductor giants Broadcom (NASDAQ: AVGO) and Nvidia (NASDAQ: NVDA). The arrival of AI supercharged sales for both businesses as customers sought the necessary hardware and software to implement AI into their organizations. As a result, Broadcom stock skyrocketed to a 52-week high of $186.42 in October, a dramatic change from the $90.31 low it was at last December.

Capital 246
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Nissan seeks anchor investor to help it through make-or-break 12 months

Financial Times M&A

Carmaker looks for steady shareholder as longtime partner Renault sells down its holding

Investors 112
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Nvidia Beat Expectations in the Third Quarter. History Says the Stock Will Do This Next.

The Motley Fool

Nvidia (NASDAQ: NVDA) stuck to tradition when it reported third-quarter earnings last week. By this, I mean the tech giant went on to once again beat earnings expectations -- it's done this for at least the previous four quarters. It's easy to understand why Nvidia has been delivering such excellent surprises to investors quarter after quarter. The company is the leader in one of today's hottest markets: artificial intelligence (AI).

Returns 245
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US charges against Gautam Adani put loyal Jefferies on the spot

Financial Times - Banking

New York-based bank was vocal champion of Indian group whose billionaire head is accused of bribery scheme

Banks 112
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4 Perfect Costco Gifts for the Person Who Has Everything

The Motley Fool

Image source: Getty Images We all have at least one person on our list who already owns everything they need. Even though we want to show that we care, it can be difficult to decide what gift to buy them during the holiday season. You may be overthinking it! Costco sells winning gifts for people of all ages -- even for the people who have everything.

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Blackstone strikes $3.5bn financing deal with energy group EQT

Financial Times M&A

Joint venture for pipeline stakes is latest example of companies using private capital firms for balance sheet relief

Finance 111
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Billionaire Ray Dalio Sold Nvidia Stock. Should You Follow?

The Motley Fool

Investors get a peek into what hedge funds are doing with their money every quarter. The SEC requires institutional investors to file a 13F once they pass $100 million in assets. These reports are released 45 days after the end of the calendar quarter and disclose current positions. Billionaire hedge fund manager Ray Dalio and his firm Bridgewater Associates made an interesting move during the third quarter.

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Neoplas Med Receives $18M in Funding from Niterra Ventures Company

FinSMEs

Neoplas Med, a Greifswald, Germany-based based medical technology company, received $18M in funding. Niterra Ventures Company made the investment. The company intends to use the funds to accelerate international expansion and technology platform development for treating infected and chronic wounds. Led by CEO Ulrike Sailer, Neoplas Med is advancing the possibilities of argon cold plasma […] The post Neoplas Med Receives $18M in Funding from Niterra Ventures Company appeared first on FinSME

Companies 109
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3 Social Security Rules That Are Changing in 2025 -- and 1 Age-Old Rule That Sorely Needs an Update

The Motley Fool

Oct.10 was a big day for Social Security this year. That morning, the Social Security Administration announced a number of key changes to the program. But while the program's rules are shifting in 2025, one specific Social Security rule is staying the same. And it's a rule that's been hurting retirees for years. Meanwhile, here are the big changes that are happening come January.

Taxes 244
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Natixis in talks with Generali over asset management tie-up

Financial Times M&A

Deal would bring together two of the biggest names in European asset management

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Are You Upper, Middle, or Lower Class? Here's How to Find Out

The Motley Fool

Image source: Getty Images A lot of people think the U.S. middle class is shrinking. But as of 2022, a good 52% of Americans lived in a middle-class household, says Pew Research Center. Meanwhile, 28% of Americans are part of lower-income households, and only 19% are considered upper class. If you're wondering whether you're upper, middle, or lower class, the reality is that it depends on not just your income but your household size and where you live.

Education 242
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emma Raises $17M in Series A Funding

FinSMEs

emma, a Luxembourg-based provider of a cloud management platform for businesses to optimize and scale their cloud infrastructure, raised $17m in Series A funding. The round was led by Smartfin, with participation from RTP Global and existing investors. This follows its $6m Seed Round in March 2023, bringing total funding to $23m within two years. […] The post emma Raises $17M in Series A Funding appeared first on FinSMEs.

Funds 103
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A Once-in-a-Decade Opportunity: 1 Magnificent Dividend Stock Down 30% to Buy Right Now

The Motley Fool

The Toro Company (NYSE: TTC) states that its purpose is to "help our customers enrich the beauty, productivity, and sustainability of the land." Its sales range from mowers and turf maintenance equipment to irrigation solutions, underground construction equipment, and snow and ice management products. Powered by No. 1 or No. 2 market-share positions in most of its product categories, Toro has delivered total returns of 4,930% since 2000 -- rocketing past the S&P 500 's returns of 560% over t

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Halcyon Closes $100M Series C Funding at $1 Billion Valuation

FinSMEs

Halcyon, an Austin, TX-based provider of a platform designed to defeat ransomware, raised $100M in Series C funding, at 1 Billion valuation. The round was led by Evolution Equity Partners with participation from Bain Capital Ventures (BCV), SYN Ventures, Harmony Group, Corner Capital Management, Dropbox Ventures, ServiceNow Ventures and existing investors.

Funds 103
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Social Security Benefits Get a COLA in 2025, but Some Retirees Can Expect an Above-Average Raise

The Motley Fool

Last month, the Social Security Administration announced that beneficiaries will receive a 2.5% cost-of-living adjustment (COLA) in 2025. That revelation disappointed many Social Security recipients. In fact, a recent survey conducted by The Motley Fool found that 54% of retired workers believe the 2025 COLA is insufficient. However, it may help Social Security recipients to know exactly how COLAs are calculated.

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Starbucks has been outclassed by local rivals in China

Financial Times M&A

Coffee giant would benefit from a helping hand from a local partner

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Where Will Plug Power Be in 5 Years?

The Motley Fool

Crystal balls are said to be useful items, but they are very hard for investors to come by. For better or worse, investors in Plug Power (NASDAQ: PLUG) stock have something very close to a crystal ball: hard numbers, laid out by management and by Wall Street analysts, telling us where Plug Power stock should be in five years. Are you planning to invest in America's best-known pioneer in hydrogen fuel cells and intending to own the stock for the long term rather than simply trade in and out?

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Private credit market surpasses $3tn in assets

Private Equity Wire

The global private credit market has passed $3tn in assets under management (AUM), solidifying its position as one of the fastest-growing sectors in alternative finance, according to new research by the Alternative Credit Council (ACC). Corporate lending remains the dominant driver, representing 60% of the market’s AUM, with the remaining 40% split among asset-backed, real estate, and infrastructure debt, highlighting the sector’s diversification.

Assets 96
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3 Reasons I'm Breaking the "Sell-Half" Rule With Archer Aviation

The Motley Fool

Conventional trading wisdom suggests selling half your position when a speculative growth stock doubles. This "sell-half" rule helps lock in profits while letting winners ride, protecting investors from the violent reversals common in early stage companies. Yet despite my 106% gain on Archer Aviation (NYSE: ACHR) from my $2.92 average cost basis, built through careful position scaling during market dips, I'm breaking this time-tested rule.

Stakes 189
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PE-owned Asda reappoints Allan Leighton as Executive Chairman amid struggles

Private Equity Wire

Struggling British supermarket chain Asda, which is majority-owned by private equity firm TDR Capital, has reappointed veteran retail leader Allan Leighton as Executive Chairman, over two decades after he last served as CEO, according to a report by Reuters. In his previous stint at the retailer, between 1996 and 2001, Leighton led a turnaround before the company’s £67.7bn sale to Walmart.

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Why Intel Stock Popped on Monday

The Motley Fool

Intel (NASDAQ: INTC) stock gained 4.1% through 9:45 a.m. ET Monday morning after CNBC reported this morning that the U.S. Commerce Department is close to awarding Intel an $8 billion subsidy to assist with expanding its semiconductor chip operations. The Wall Street Journal had previously reported (last week) that this grant was on the way. Good news, bad news One quirk to this story is that last week, WSJ indicated Intel was in line for an $8.5 billion grant for factory-building, on top of a se

Debt 189
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UniCredit’s Orcel is just working the angles on European bank mergers

Financial Times M&A

Lowball offer for BPM is unlikely to succeed but gives UniCredit’s chief room for manoeuvre

Banks 94
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Gratitude: 2024

The Motley Fool

From groundbreaking achievements in business (artificial intelligence) to investing home runs ( Nvidia , and the S&P 500 overall) to the meaningful connections that enrich our lives, this week's Rule Breaker Investing podcast is an expression of thankfulness for what inspires us, supports us, and keeps us moving forward. and reminds us why we invest.

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UniCredit’s journey from foreign predator to domestic consolidator

Financial Times M&A

Two months ago Andrea Orcel swooped on Germany’s Commerzbank.

Bidding 91
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Here's Why Elastic Stock Popped Again Today

The Motley Fool

Enterprise software company Elastic (NYSE: ESTC) reported financial results for its fiscal second quarter of 2025 last week and the report was met with enthusiasm from investors. The stock gained over 20% last week primarily thanks to its Q2 report. Elastic stock is on the move again today thanks to some commentary from Wedbush analyst Dan Ives. According to The Fly, Ives basically believes that the moment has come for artificial intelligence (AI) to catalyze growth for software companies, inclu

Returns 130