The Motley Fool

DECEMBER 14, 2023

We knew it was coming. We just didn't know when. Costco (NASDAQ: COST) Chief Financial Officer Richard Galanti's rhetoric in recent earnings calls, when asked about whether the company would pay out another special dividend, has been that it's "probably a question of when, not if." The day has finally come. Costco announced on Thursday it would pay a special cash dividend of $15 per share on Jan. 12, 2024 to shareholders of record as of the close of business on Dec. 28.

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Private Equity Insights

DECEMBER 14, 2023

India’s Tata Capital is looking to purchase a roughly 13% stake in premium domestic fashion brand Rare Rabbit at a valuation of $300m, as it seeks to bet on the country’s affluent shoppers, three sources familiar with the matter said. Tata Capital is the financial services arm of India’s $144bn salt-to-aviation Tata conglomerate, and its investment interest in Rare Rabbit comes at a time its rivals such as billionaire Mukesh Ambani’s Reliance are also gravitating towards

Stakes 244

Stakes Due Diligence Capital Conglomerates 244

The Motley Fool

DECEMBER 14, 2023

Cathie Wood is the founder and chief executive officer of Ark Invest, an asset management company focused on disruptive technologies like blockchain and cryptocurrency. Wood and her team are optimistic about the decentralized finance market, in general, but they're especially bullish on Bitcoin (CRYPTO: BTC). Ark published a Bitcoin valuation model earlier this year that outlined three price trajectories the digital currency could follow through the end of the decade.

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High Net Worth Individuals Hedge Funds Investing Assets 246

Private Equity Insights

DECEMBER 14, 2023

Strategic Value Partners, LLC and its affiliates (together, “SVP”), a global alternative investment firm with over $18bn of assets under management, today announced that its managed funds and other institutional investors have provided CELSA Huta Ostrowiec (“ Celsa Poland “), the Polish subsidiary of Barna Steel , S.A. (“Celsa Group”), Europe’s leading company in the manufacture of circular and low-emission steel, with a €414m senior secured term lo

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Private Equity Firms Private Equity Firms Legal Stakes 244

The Motley Fool

DECEMBER 14, 2023

Fool.com contributor Parkev Tatevosian reviews the phenomenal year Palantir Technologies (NYSE: PLTR) had in 2023 and whether it is likely to replicate the success in 2024. *Stock prices used were the afternoon prices of Dec. 12, 2023. The video was published on Dec. 14, 2023. Should you invest $1,000 in Palantir Technologies right now? Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks

Returns 246

Returns Portfolios Investors Investing 246

Private Equity Insights

DECEMBER 14, 2023

Pictet Alternative Advisors has announced the close of its first healthcare-focused thematic private equity fund at $320m – exceeding its target size of $300m. The fund was launched in 2022 and is managed by Yann Mauron, David Braga Malta and Chiara Brambillasca. It invests in five segments: therapeutics, diagnostics, digital health, medical technology, and healthcare providers and service providers.

Private Equity Firms 221

Private Equity Firms Private Equity Firms Funds Buyout 221

PE Hub

DECEMBER 14, 2023

Walnut Creek, California-based Relation is an insurance brokerage. The post Aquiline Capital-backed Relation buys Kane Insurance Agency appeared first on PE Hub.

Capital 217

Capital 217

The Motley Fool

DECEMBER 14, 2023

One of the biggest decisions you'll make in retirement is when to claim Social Security benefits. Most people can claim their retirement benefits starting in the month they turn 62 years old. Claiming early gives you access to that additional income upfront, but it comes at a significant cost. You'll receive a reduce payout compared to if you waited until full retirement age.

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Taxes 246

PE Hub

DECEMBER 14, 2023

TeamSnap is a provider of sports management software and the online community for everything youth sports. The post Waud Capital-backed TeamSnap scoops up youth sports media platform MOJO Sports appeared first on PE Hub.

Capital 216

Capital 216

The Motley Fool

DECEMBER 14, 2023

The good news is that Walt Disney (NYSE: DIS) is no longer trading lower this year. The bad news is that shares of the entertainment giant are only 7% higher in 2023 through Wednesday's close, still losing sorely to the bubbly market. Investors aren't exactly impressed with the House of Mouse these days. Analyst profit targets have been heading lower in recent weeks, contrasting the buoyancy in more popular stocks.

Shareholders 246

Shareholders Returns Investors Accounting 246

PE Hub

DECEMBER 14, 2023

Watchtower Security was founded in 2004. The post TruArc Partners backs Watchtower Security appeared first on PE Hub.

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The Motley Fool

DECEMBER 14, 2023

Investing in Aurora Cannabis (NASDAQ: ACB) generally hasn't paid off for investors. But what if you waited until 2020, when the markets briefly crashed and valuations were incredibly low for many stocks? Would buying Aurora at the time have been a good move for investors? Here's a look at what it was trading at back then, and what an investment in the cannabis producer in March 2020 would be worth today.

Investing 246

Investing Earnings Before Interest Amortization Depreciation 246

PE Hub

DECEMBER 14, 2023

Based in Memphis, CES Power is a provider of sustainable mobile power generation, distribution, and temperature control solutions for large events. The post Allied Industrial Partners-backed CES Power buys entertainment industry IT services firm Roundrock appeared first on PE Hub.

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The Motley Fool

DECEMBER 14, 2023

Solar and electric-vehicle (EV) stocks Enphase Energy (NASDAQ: ENPH) , SolarEdge Technologies (NASDAQ: SEDG) , and Lucid Group (NASDAQ: LCID) were rallying big on Thursday, rising 13.2%, 16.2%, and 13.9%, respectively, as of 12:10 p.m. ET. Solar and EV stocks are generally rallying in a catch-up trade following yesterday's Federal Reserve meeting and press conference with Chairman Jay Powell.

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Finance Financing Shareholders Capital 246

PE Hub

DECEMBER 14, 2023

Ally Waste is a valet trash and recycling provider for multi-family housing communities, student housing, and senior living facilities. The post RF Investment Partners-backed Ally Waste Services snaps up Waste Consolidators appeared first on PE Hub.

Investing 208

Investing 208

The Motley Fool

DECEMBER 14, 2023

DraftKings (NASDAQ: DKNG) has been one of the hottest growth stocks to own this year. The sports betting industry is expanding, and DraftKings has already become a big name in the business. With the stock having already tripled in value this year, though, investors may be concerned that it has become too expensive. After all, it's trading at over 20 times its book value.

Legal 246

Legal Earnings Before Interest Amortization Depreciation 246

PE Hub

DECEMBER 14, 2023

The transaction is expected to close by the beginning of January 2024. The post Thoma Bravo to invest in investment research platform BlueMatrix appeared first on PE Hub.

Investing 208

Investing 208

The Motley Fool

DECEMBER 14, 2023

NextEra Energy Partners (NYSE: NEP) , the debt-laden subsidiary of NextEra Energy (NYSE: NEE) , just refinanced about 11% of its debt, but the cost to pay that debt went up 71%. In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down how this could be just the tip of the iceberg for rising interest costs that could upend the dividend.

Debt 246

Debt Returns Portfolios Investors 246

PE Hub

DECEMBER 14, 2023

A fourth-generation family business, Demakes was founded in 1914. The post TowerBrook invests in protein products maker Demakes Enterprises appeared first on PE Hub.

Investing 203

Investing 203

The Motley Fool

DECEMBER 14, 2023

There are many ways to approach investing. Warren Buffett and his followers like to take a value-focused approach. But this isn't the only way to be successful in the stock market. Another strategy is to look at growth stocks -- shares of businesses whose metrics are rapidly rising with each passing year. Even a $1,000 investment can grow to immense wealth over long periods of time with such stocks.

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Capital Capital Investments Stock Market Stock Market 246

PE Hub

DECEMBER 14, 2023

The seller was Veritas Capital. The post Bain Capital completes $5.3bn buyout of consulting services firm Guidehouse appeared first on PE Hub.

Buyout 200

Buyout Consulting Consultants Capital 200

The Motley Fool

DECEMBER 14, 2023

If there's one constant on Wall Street, it's that things change. After holding up surprisingly well during the 2022 bear market, the utility sector has been Wall Street's worst performer in 2023, as of Dec. 1. Most investors flock to utility stocks for their dividends and low volatility. Consumption habits for electricity, water, and natural gas don't change much from one year to the next.

Liabilities 246

Liabilities Public Companies Shareholders Investors 246

PE Hub

DECEMBER 14, 2023

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 Partners-backed RMA acquires Rone Engineering appeared first on PE Hub.

Professional Services 199

Professional Services Consultants Consulting Assets 199

The Motley Fool

DECEMBER 14, 2023

As a general rule, I ignore Wall Street's non-stop merry-go-round of upgrades and downgrades. However, while the prognostications about where a stock price is headed over the coming year are virtually meaningless to long-term investors, the logic behind the moves can yield valuable insight regarding a company's prospects. Such is the case here. Truist Securities analyst Joel Fishbein initiated coverage of Microsoft (NASDAQ: MSFT) stock, issuing a buy rating and three-year price target of $600.

Prospects 246

Prospects Returns Investors Portfolios 246

PE Hub

DECEMBER 14, 2023

CINC Systems' existing backer is Spectrum Equity. The post Software firm CINC grabs investment from Hg appeared first on PE Hub.

Investing 192

Investing 192

The Motley Fool

DECEMBER 14, 2023

Saving for retirement isn't easy, and if you're falling behind, you're not alone. A 2023 report from Vanguard found that the median 401(k) balance among Vanguard participants was just $27,376. Meanwhile, the average worker is expected to need around $1.8 million to retire comfortably, according to a survey from Charles Schwab. However, many people are stretched thin financially and finding extra cash to save isn't always possible.

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Assets Stock Market Stock Market Returns 246

PE Hub

DECEMBER 14, 2023

The launch is the result of GGC's acquisition of three metal fabricating companies: West Bend, Wisconsin-based Federal Tool & Engineering; Isanti, Minnesota-based BP Metals; and Illinois-based Rockford Specialties. The post Generation Growth Capital unveils new metal manufacturing platform American Consolidated Metals appeared first on PE Hub.

Capital 191

Capital Companies Funds 191

The Motley Fool

DECEMBER 14, 2023

For one brief moment this summer, it looked like XRP (CRYPTO: XRP) was about to go parabolic. In the span of just 24 hours, XRP doubled in price from $0.47 to $0.95. Immediately, the consensus in the crypto world was that XRP was about to soar past the $1 mark. However, that never happened. Within a month, XRP had given up all those gains and currently trades for just $0.62.

Legal 246

Legal Returns Investors Capital 246

PE Hub

DECEMBER 14, 2023

Edward Don & Co made four acquisitions under Vestar: Myers Restaurant Supply, Shervan Colonel Equipment, Atlanta Fixture & Sales Co and Smith & Greene. The post Inside the exit: How Vestar grew foodservice biz during covid lockdowns and sold it to Sysco appeared first on PE Hub.

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The Motley Fool

DECEMBER 14, 2023

The artificial intelligence (AI) hype has sent shares of C3.ai (NYSE: AI) soaring in 2023 with outstanding gains of 153% as of this writing. But the wheels have come off in recent months as it is becoming clear that the company is failing to capitalize on the massive opportunity in the AI software market. C3.ai stock plunged nearly 11% earlier this month after the company released its fiscal 2024 second-quarter results (for the three months ended Oct. 31, 2023).

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Bidding Returns Companies Investors 246

PE Hub

DECEMBER 14, 2023

Apollo, ArcLight, Blackstone, Brookfield, EnCap and other investors struck big deals for wind, solar and hydro portfolios. The post Renewable energy assets yielded big deals for utilities and others in 2023 appeared first on PE Hub.

Assets 190

Assets Portfolios Investors 190

The Motley Fool

DECEMBER 14, 2023

Nvidia (NASDAQ: NVDA) has been one of the top stocks to own in 2023, rising from $142 to around $480 now -- about a 230% gain. I don't think anyone is expecting Nvidia stock to repeat its performance of last year and triple its size; if it did, it would become the world's largest company by market cap. Still, many wonder if Nvidia can once again be a top stock in the market and reach $600 in 2024, which would be about a 25% return.

Returns 246

Returns Portfolios Capital Investors 246

PE Hub

DECEMBER 14, 2023

Piper Sandler served as lead financial advisor to HeartLand while Solomon Partners and CCG Advisors served as co-financial advisors. The post Pritzker Private Capital scoops up commercial landscaping firm HeartLand appeared first on PE Hub.

Capital 188

Capital 188

The Motley Fool

DECEMBER 14, 2023

Last year, billionaire Ken Griffin's Citadel hedge fund returned around $7 billion in profits to its investors. It now looks as if history will repeat itself. An unnamed insider recently revealed to Reuters that Citadel plans to return another $7 billion or so to investors after generating double-digit gains in 2023. Citadel owns positions in many stocks and exchange-traded funds (ETFs).

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Hedge Funds Returns Investors Exchange-Traded Funds 246