Wed.Oct 25, 2023

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Common questions about our M&A research database, answered

Private Equity Info

Learn how our M&A research database can accelerate your deal flow. Find answers to common questions about our powerful tools, data accuracy, and personalized customer service. Schedule a demo today!

Deal Flow 263
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Where the Money Went

The Motley Fool

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. When Caroline Ellison started her job at crypto hedge fund Alameda Research in 2018, she found a firm in disarray long before its implosion. The former chief executive of Alameda and star witness in the trial of her boss and former romantic partner, FTX co-founder Sam Bankman-Fried, described how she and her colleagues wer

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American Discovery Capital’s SmartBug Media acquires Globalia

PE Hub

Globalia is a Saint-Lambert, Quebec-based digital agency specializing in inbound marketing, sales automation, digital transformation and e-commerce. The post American Discovery Capital’s SmartBug Media acquires Globalia appeared first on PE Hub.

Capital 235
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I Vowed to Save $50K in 2023 and I Did. Here's Why I'm Not Done Saving Yet

The Motley Fool

Image source: Getty Images I'm a very goal-oriented person, and this is a quality that has persisted in me through all the circumstances and many (MANY) changes I've seen over my nearly four decades of life. As I write this, I'm feeling extremely proud of myself for meeting the biggest savings goal I've ever set. Last year, I decided that I wanted to save $50,000 to buy a home in 2024, and I have officially hit the target.

Banks 246
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KKR to invest in machining manufacturer Precipart

PE Hub

Precipart was founded in 1950 by the Laubscher family, who will retain a significant minority ownership stake in the company. The post KKR to invest in machining manufacturer Precipart appeared first on PE Hub.

Investing 218
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Why Broadcom, Qualcomm, and Advanced Micro Devices Plunged Today

The Motley Fool

Shares of leading chipmakers Broadcom (NASDAQ: AVGO) , Qualcomm (NASDAQ: QCOM) , and Advanced Micro Devices (NASDAQ: AMD) were plunging today, down 3.5%, 4.2%, and 5.5%, respectively, as of 3:57 p.m. ET. There was a near-perfect storm of headwinds for chip stocks today, with numerous negative data points. These include analysts issuing a negative note specifically on AMD heading into earnings and another analyst note warning of tepid sales of the new iPhone, which would affect iPhone suppliers Q

Banks 246

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Applying for a Mortgage Soon? You Need to Be Extra Careful With Your Credit Cards Right Now

The Motley Fool

Image source: Getty Images If you are in the process of applying for a mortgage loan , it's very important to be smart about how you use your credit cards. That's because your behavior with those credit cards could affect whether you get a loan -- as well as how much you have to pay for it. In particular, there are a few key things you need to do to make sure your credit habits don't affect your efforts to buy a home with an affordable home loan.

Debt 246
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KKR, with new fund, sees growth-tech opportunities; K1 runs continuation fund deal on 3 assets, including ReThink

PE Hub

KKR is investing in machining manufacturer Precipart. The post KKR, with new fund, sees growth-tech opportunities; K1 runs continuation fund deal on 3 assets, including ReThink appeared first on PE Hub.

Assets 208
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Why Intel Stock Is Sinking Today

The Motley Fool

Intel (NASDAQ: INTC) stock is slipping in Wednesday's trading. The company's share price was down 4.2% as of 12:45 p.m. ET, according to data from S&P Global Market Intelligence. While there isn't any business-specific news dragging Intel's stock lower today, Texas Instruments ' (NASDAQ: TXN) recently published third-quarter results are spurring sell-offs for multiple chip companies.

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Upstream Tech inks investment from Hull Street Energy

PE Hub

Faegre Dinker Biddle & Reath acted as legal counsel to HSE while DLA Piper LLP acted as legal counsel to Upstream Tech. The post Upstream Tech inks investment from Hull Street Energy appeared first on PE Hub.

Legal 202
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Goosehead Insurance (GSHD) Q3 2023 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Goosehead Insurance (NASDAQ: GSHD) Q3 2023 Earnings Call Oct 25, 2023 , 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Hello and welcome to Goosehead Insurance's third-quarter 2023 earnings conference call. At this time, all participants are in a listen-only mode.

Capital 189
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Wellington prices debut CLO at $405.6m

PE Hub

Wellington Management CLO 1 Ltd is backed primarily by broadly syndicated first lien loans. The post Wellington prices debut CLO at $405.6m appeared first on PE Hub.

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Why Automatic Data Processing Stock Dropped Today

The Motley Fool

Shares of Automatic Data Processing (NASDAQ: ADP) fell 9.2% on Wednesday after the human resources management software and services company announced mixed quarterly results (relative to Wall Street's expectations) to kick off its new fiscal year. Automatic Data Processing's strong quarter wasn't strong enough For its fiscal first quarter of 2024 (ended Sept. 30, 2023), revenue grew 7% year over year to $4.51 billion, translating to an 11% increase in non-GAAP (adjusted) net income to $860 milli

Funds 189
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CDPQ to double the size of assets entrusted to Quebec fund managers

PE Hub

The plan is to increase the size of CDPQ assets entrusted to Quebec fund managers to as much as C$8 billion by 2028. The post CDPQ to double the size of assets entrusted to Quebec fund managers appeared first on PE Hub.

Assets 196
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Al Gore on why the ‘deck is stacked against’ COP28

Financial Times: Moral Money

Also in today’s newsletter, EPA chief Michael Regan has billions to deploy

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Roark-backed YEB acquires music education provider School of Rock

PE Hub

YEB is a youth activities platform. The post Roark-backed YEB acquires music education provider School of Rock appeared first on PE Hub.

Education 196
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This One Simple Move Earned Me Over $1,000 This Year

The Motley Fool

Image source: Getty Images Receiving passive income is when you don't have to lift a finger and can still earn money. As someone who lived paycheck to paycheck for years and dangled over a proverbial cliff with my finances for most of my adult life, getting to watch my money earn money for me is a new experience. But as I write this, I've earned $1,371.32 in passive income so far this year.

Banks 130
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Bain Capital and Smith Hill form $1bn hospitality-focused private lending platform

PE Hub

The joint venture will initially focus on new loan originations and debt refinancing exclusively in the hospitality space within primary and secondary markets throughout the U.S. The post Bain Capital and Smith Hill form $1bn hospitality-focused private lending platform appeared first on PE Hub.

Capital 195
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Why Vicor Stock Crashed Hard on Wednesday

The Motley Fool

Why Vicor's stock plummeted Shares of power module manufacturer Vicor (NASDAQ: VICR) crashed hard on Wednesday. As of 1 p.m. ET, the stock was down 28.1% from Tuesday's closing price. The company reported solid third-quarter results on Tuesday evening, but many investors hit the sell button due to signs that sales would be weaker in the next few quarters.

Prospects 130
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Pearl Street Equity buys Mrs. Fields and TCBY parent company Famous Brands Franchising

PE Hub

President and Chief Operating Officer Joe Lewis will continue to lead Famous Brands Franchising. The post Pearl Street Equity buys Mrs. Fields and TCBY parent company Famous Brands Franchising appeared first on PE Hub.

Companies 194
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Why Meta Platforms Stock Slumped on Wednesday

The Motley Fool

Shares of Meta Platforms (NASDAQ: META) slipped on Wednesday, falling as much as 3.4%. As of 1:30 p.m. ET, the stock was still down 3.2%. The broader market's downdraft no doubt helped propel that decline, but the key catalyst that sent the social media titan lower was a new federal lawsuit. New legal troubles Reports emerged late Tuesday that California's attorney general -- along with the attorneys general of 33 other states and the District of Columbia -- had filed a lawsuit in federal court

Legal 130
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Gryphon-backed VIP promotes Moore to CEO

PE Hub

Former CEO and founder Mike Dunn is now serving as executive vice president of business development and vice chairman of the board. The post Gryphon-backed VIP promotes Moore to CEO appeared first on PE Hub.

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3 Times When Spending Money Actually Saves You Money

The Motley Fool

Image source: Getty Images If you are trying to be frugal so you can keep more money in your checking account , it may seem like your goal should be to spend the least amount possible on purchases you make. In reality, though, this is not always the case. In fact, here are three situations where it may make sense to run up a little higher credit card bill or to take a little more money out of savings to pay a higher price.

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PODCAST: Delivering growth against the odds

PE Hub

The fourth installment of Disruption Matters season two focuses on creating topline growth in a volatile era. The post PODCAST: Delivering growth against the odds appeared first on PE Hub.

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Here's Why Chainlink Surged 11% Today and 50% Over the Past Week

The Motley Fool

It's easy for many investors who aren't all that connected to the world of crypto to focus in on only the large-cap tokens (you know, the ones that most would argue are the only projects that matter). However, over the past week, specific altcoins have really outperformed, with Chainlink (CRYPTO: LINK) seeing incredible price appreciation of roughly 50%.

Investors 130
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LongWater unveils private credit and capital solutions strategy

PE Hub

Kevin Prunty will lead it and serve as senior managing director. The post LongWater unveils private credit and capital solutions strategy appeared first on PE Hub.

Capital 172
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The Battle Hymn of Billionaire John Paulson

The Motley Fool

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. It is starting to get truly tiresome how many financial shenanigans seem to devolve into finger pointing over who bought too much Chanel or Louis Vuitton. This time, it comes in the form of the curious case of John Paulson of " The Greatest Trade Ever " fame, who is suing a former business partner tasked with running an in

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Gemspring-backed Security 101 scoops up Advance Security Integration

PE Hub

Based in West Palm Beach, Florida, Security 101 is a national provider of full-service commercial security solutions. The post Gemspring-backed Security 101 scoops up Advance Security Integration appeared first on PE Hub.

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The 6 Best Vegan Trader Joe's Products That Cost $6 or Less

The Motley Fool

Image source: Getty Images If you've ever toyed with going vegan, you may be worried about whether you can afford it. Oxford University researchers found that a vegan diet can actually reduce your food budget by as much as one third, assuming you're eating whole foods and you're not dining out. But plant-based meat substitutes can be over 300% more expensive than regular meat.

Returns 130
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OceanSound-backed RMA Companies acquires testing services provider Big Apple Group

PE Hub

RMA is a provider of professional services in environmental consulting, geosciences, and materials testing and inspection for critical public and private infrastructure assets. The post OceanSound-backed RMA Companies acquires testing services provider Big Apple Group appeared first on PE Hub.

Companies 158
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Why C3.ai, Salesforce, and Datadog Were Down Big Today

The Motley Fool

Shares of cloud and artificial intelligence (AI)-related software stocks C3.ai (NYSE: AI) , Salesforce (NYSE: CRM) , and Datadog (NASDAQ: DDOG) were plunging today, down 6%, 3.6%, and 6.5%, respectively, as of 3:03 p.m. ET. There wasn't any material news for these individual stocks today, although two of them did receive lukewarm reviews from analysts earlier this week.

Investors 130
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KKR’s Stephen Shanley: Accelerated digital transformation enhancing investment opportunities

PE Hub

The firm's Next Generation Technology Growth Fund III closed at approximately $3bn. The post KKR’s Stephen Shanley: Accelerated digital transformation enhancing investment opportunities appeared first on PE Hub.

Investing 147
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Here's What Happens When You Pick the Wrong Insurance Plan During Open Enrollment

The Motley Fool

Image source: Getty Images Many people are fortunate enough to have health insurance coverage through their jobs. But if you're not in that boat, then it's important you put coverage in place independently. Otherwise, you might end up having to raid your savings account or rack up a giant credit card tab if you have an illness or injury that requires costly treatment.

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TSCP-backed Isto Biologics merges with Advanced Biologics

PE Hub

Massachusetts-based Isto Biologics is a provider of regenerative and autologous therapies. The post TSCP-backed Isto Biologics merges with Advanced Biologics appeared first on PE Hub.

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