PE Hub
OCTOBER 17, 2023
Hastings acquired Celerity Consulting Group in 2021 and added on Clear Path earlier in 2023. The post Hastings Equity expects to make add-on deals for utility consulting group Celerity appeared first on PE Hub.
Private Equity Professional
OCTOBER 17, 2023
Amid a material drop in deal volume, the 2023 private M&A market is seeing more and bigger earnouts. Earnouts can help bridge valuation gaps as strategic buyers get more active. Higher interest rates and uncertainty over future Fed rate increases are key drivers in the disconnect of valuation expectations. The 2023 M&A market to date… This content is for members only.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PE Hub
OCTOBER 17, 2023
Based in Denver, Mercer Global Advisors is a wealth management firm. The post PE-backed Mercer Advisors buys wealth management firm Kingfisher Capital appeared first on PE Hub.
A Wealth of Common Sense
OCTOBER 17, 2023
Like many retirees, Henry Flagler decided to spend his later years on the sunny beaches of Florida. However, Flagler wasn’t there to relax and drink Pina Coladas. No, the former oil tycoon was there to build up the coastlines, railroads, and cities before Florida was even a destination. Flagler was a partner of John Rockefeller’s at Standard Oil.
PE Hub
OCTOBER 17, 2023
Mike Wiegele Helicopter Skiing is a heli-skiing company based in Blue River, British Columbia. The post KSL’s Alterra Mountain to buy Mike Wiegele Helicopter Skiing appeared first on PE Hub.
Private Equity Insights
OCTOBER 17, 2023
Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (“Consolidated Communications” or the “Company”), a top 10 fiber provider in the United States, today announced that it has entered into a definitive agreement (the “Agreement”) to be acquired by affiliates of Searchlight Capital Partners, L.P. (“Searchlight”) and British Columbia Investment Management Corporation (“BCI”) in an all-cash transaction with an enterprise value of approximately $3.1bn, including the assumption of debt.
Private Equity Central brings together the best content for private equity professionals from the widest variety of industry thought leaders.
Private Equity Insights
OCTOBER 17, 2023
Private equity firm Astira Capital Partners announced the final closing of its debut fund with $675m of institutional capital commitments, exceeding its original target of $500m. The Boston-based firm focuses on buyouts of North American software businesses and technology enabled services companies, Astira said in a statement viewed by Bloomberg News.
PE Hub
OCTOBER 17, 2023
Treaty United FC is a professional Irish football club in Limerick, Ireland. The post Tricor Pacific Capital acquires Ireland’s Treaty United FC appeared first on PE Hub.
Private Equity Professional
OCTOBER 17, 2023
Golub Capital has reported that its middle market private company index has shown the strongest earnings growth over the past two years. According to Golub, middle market private companies in the Golub Capital Altman Index grew earnings by 13% during the first two months of the third quarter of 2023, the highest year-over-year earnings growth… This content is for members only.
PE Hub
OCTOBER 17, 2023
The facility will be used to finance the origination of mezzanine loans and preferred equity investments for real estate sponsors. The post E2M Ventures scores $50m credit facility from Crayhill appeared first on PE Hub.
Private Equity Professional
OCTOBER 17, 2023
Branford Castle Partners has acquired Marine Floats, a specialty marine contractor. Marine Floats designs, secures necessary permits for, and manufactures custom marinas, dock systems, covered moorage, and other waterfront structures for Pacific Northwest-based residential and commercial customers including salt and fresh water marinas, yacht clubs, ports and industrial facilities.
PE Hub
OCTOBER 17, 2023
Other investors include Enhanced Healthcare Partners. The post Summit leads investment in healthcare company Hallmark appeared first on PE Hub.
Private Equity Professional
OCTOBER 17, 2023
P&F Industries has agreed to be acquired by ShoreView Industries in an all-cash transaction which values the company at $50 million. P&F Industries operates through two wholly-owned subsidiaries, Hy-Tech Engineered Solutions and Florida Pneumatic, and is a manufacturer and importer of air-powered tools and accessories sold principally to the aerospace, industrial, automotive, and retail markets… This content is for members only.
PE Hub
OCTOBER 17, 2023
CEO and founder Rob Butler is leading Hightop. The post PE-backed mental health platform Hightop Health launches appeared first on PE Hub.
AltAssets
OCTOBER 17, 2023
National security tech investor Shield Capital has skewered its target for its inaugural fundraise by reaching $186m at final close. The post AI, cybersecurity, space investor Shield Capital soars past debut fundraising goal first appeared on AltAssets Private Equity News.
PE Hub
OCTOBER 17, 2023
Catalio's capital infusion will be used for growth, personnel hiring and investment strategies. The post KKR to invest in Catalio Capital Management appeared first on PE Hub.
The Reformed Broker
OCTOBER 17, 2023
Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Earnings – “Average commercial and consumer loans were both down from the second quarter as higher rates and a slowing economy have weakened loan demand, and we’ve continued to take some credit tighteni.
PE Hub
OCTOBER 17, 2023
CTI CEO Colin Murphy will continue to lead the company. The post CenterGate invests in federal government print services provider Cartridge Technologies appeared first on PE Hub.
Financial Times M&A
OCTOBER 17, 2023
Region’s fragmented sector on verge of transformation to more consolidated market similar to US
PE Hub
OCTOBER 17, 2023
This new role is in addition to Tang's current position as managing director. The post Butterfly promotes Tang to CFO appeared first on PE Hub.
Financial Times M&A
OCTOBER 17, 2023
The retail network in the country has been bleeding cash and losing market share to rivals
PE Hub
OCTOBER 17, 2023
The deal is for $45.50 per share, which puts Crystal Clean at a valuation of approximately $1.2 billion. The post JFLCO completes take-private buyout of waste management service firm Crystal Clean appeared first on PE Hub.
Financial Times M&A
OCTOBER 17, 2023
Ailing company says deal would deliver ‘some small value’ to shareholders after it halted lending this year
PE Hub
OCTOBER 17, 2023
Addtronics is a focused on acquiring, empowering, and growing leading robotic automation solution providers. The post Kaho Partners-backed Addtronics scoops up Sirius Automation appeared first on PE Hub.
Financial Times M&A
OCTOBER 17, 2023
Private equity bosses sit down at DD Live
PE Hub
OCTOBER 17, 2023
Alpine Ridge is focused on originating, underwriting, and managing factoring facilities from $50,000 to $30 million. The post Mountain Ridge Capital unveils factoring commercial finance firm Alpha Ridge Funding appeared first on PE Hub.
AltAssets
OCTOBER 17, 2023
Hg has reportedly picked up interest from investors including Mubadala and CDPQ for its stake in Argus Media, which could value the company at more than £4bn. Hg is considering offers for its 25% stake in the oil pricing data business according to Reuters, which cited four unnamed people it said were familiar with the […] The post AltAssets private equity deal roundup – October 17, 2023 first appeared on AltAssets Private Equity News.
PE Hub
OCTOBER 17, 2023
PDQ's existing investor is TA Associates, which made its initial investment in the company in 2021. The post Berkshire Partners backs IT asset management software provider PDQ appeared first on PE Hub.
Blackstone News
OCTOBER 17, 2023
HONG KONG – October 18, 2023 – Blackstone (NYSE: BX) today announced that Ed Huang, Chief Operating Officer, Blackstone Private Equity Asia, has been promoted to Head of Private Wealth Solutions (PWS), APAC. Herbert Suen has been named Head of Southeast Asia, PWS, and Manali Parekh has been appointed Chief Operating Officer, PWS Asia. Joan Solotar, Head of Global Private Wealth Solutions, said, “Ed will be a great addition to the APAC team.
PE Hub
OCTOBER 17, 2023
IPG is a chemical distribution platform. The post OpenGate Capital-backed IPG acquires certain assets from clean solutions firm West Penetone appeared first on PE Hub.
Million Dollar Round Table (MDRT)
OCTOBER 17, 2023
By Corey Williams I used to create my annual goals in January, but it always felt like it was the end of January before I was kicking into it. So, I pulled my annual goals back from doing them in January to December, but it still felt like I was lagging in the new year. Now, I plan my goals in October or November for the upcoming year. When I start earlier, I feel like I’m getting ahead of the game and getting a good run into things.
PE Hub
OCTOBER 17, 2023
In this role, Porter will support CD&R in identifying and evaluating new investment opportunities in healthcare information technology, software and tech-enabled services businesses. The post CD&R taps Porter as operating advisor appeared first on PE Hub.
Financial Times M&A
OCTOBER 17, 2023
A deal would unite the Radisson and Ramada brands and create one of the biggest US budget operators
Private Equity Wire
OCTOBER 17, 2023
Herbert Smith Freehills has bolstered its private equity practice in London with the appointment of Eleanor Shanks, as a partner and Head of International Private Equity, a newly-created position, according to a report By Bloomberg. Shanks joins from Sidley Austin when she spent the past four years having joined the business from fellow US law firm Proskauer in 2019, Prior to that, she worked at Dentons, where she was made a partner in 2014.
Expert insights. Personalized for you.
222 
Let's personalize your content