Sat.Dec 21, 2024 - Fri.Dec 27, 2024

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Shoosmiths appoints PE-focused Partner

Private Equity Wire

Law firm Shoosmiths has appointed Partner Mark Churchman to the firms private equity team within the corporate practice, to provide sectoral expertise among existing energy and infrastructure and tech clients, while generating additional streams of work with US-based sponsors investing in the UK and Europe. According to a press release, Churchman has significant experience advising US-based private equity sponsors on the English law aspects of acquiring UK-headquartered companies in sectors such

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Can RTX Solve America's Drone Crisis?

The Motley Fool

"Drones" were in the headlines again this week -- and for millions of Americans up and down the East Coast, maybe also over -head. As far north as New York to as far south as Florida -- and as far west as an Air Force base in Ohio, too -- unidentified flying objects (UFOs) that appear to be a mix of formation-flying quadcopter and fixed-wing drones have been reported buzzing American skies.

Companies 246
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ESG funds found to have $1.4bn exposure to Xinjiang labour camps

Financial Times: Moral Money

Ignites Asia analysis has tracked investments in companies such as CATL, the EV battery maker accused of Xinjiang links

Funds 126
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Kano Laboratories Switches Sponsors

Private Equity Professional

Gryphon Investors has completed the sale of Kano Laboratories , a producer of branded oils and lubricants that it acquired in November 2020, to L Squared Capital Partners. Kano Laboratories specializes in products designed for industrial maintenance, repair, and operations (MRO). The company was founded in 1939 and is headquartered in Nashville. Source: Kano Laboratories Kanos flagship Kroil brand is widely used to loosen rusted or corroded bolts, valves, and mechanical parts, reducing downtime

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Private equity payouts fell 50% short in 2024

Financial Times M&A

Value of investments cashed out lingers well below historic average for third consecutive year

Investing 109
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35% of Warren Buffett's $296 Billion Portfolio Is Invested in 3 Artificial Intelligence (AI) Stocks

The Motley Fool

Since Warren Buffett became the CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) in 1965, its stock has delivered a compound annual return of 19.8%. That would have been enough to turn a $1,000 investment into $42.5 million, whereas the same investment in the S&P 500 would have grown to just $325,053 over the same period. Buffett's long-term investing strategy is simple.

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Sixth Street secures majority Wingstop stake

Private Equity Wire

Wingstop UK has sold a majority stake in its business to the US-based private equity firm Sixth Street, according to a report by Yahoo Finance. While the financial details of the transaction remain undisclosed, it is believed that the sale is valued at no less than 400m. Despite Sixth Street taking control, Wingstop UK’s three co-founders will reportedly maintain a minority stake in the company.

Stakes 88

More Trending

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Private equity investors trapped in China as top firms fail to find exit deals

Financial Times M&A

Sales and listings of Chinese companies by worlds biggest buyout groups have ground to a halt, data shows

Buyout 109
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Nvidia Stock Investors Just Got Bad News From AI Semiconductor Rival Broadcom

The Motley Fool

Complex data center workloads like training machine learning models and running artificial intelligence (AI) applications would take a very long time if powered only by central processing units (CPUs). To that end, specialized semiconductors are used to speed up computationally intensive AI tasks. In that semiconductor vertical, Nvidia (NASDAQ: NVDA) graphics processing units (GPUs) have emerged as the industry standard.

Investors 246
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New Zealand’s Craigs partners with TA Associates

Private Equity Wire

Craigs Investment Partners, a New Zealand wealth management firm, has reached a conditional agreement with global private equity firm TA Associates for a strategic investment. According to a recent press release, as part of the agreement, existing employee and director shareholders of Craigs will retain 50% ownership, forming a close partnership with TA Associates.

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K-Culture Meme Coin Pepe Buldak Surpasses $2 Million in Presale

FinSMEs

Seoul, Korea, 24th December 2024, Chainwire The post K-Culture Meme Coin Pepe Buldak Surpasses $2 Million in Presale appeared first on FinSMEs.

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Honda and Nissan set to unveil details of merger talks

Financial Times M&A

Plans centre on combining both Japanese carmakers under holding company by 2026 as industry consolidates

Companies 109
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Missed Out on Palantir's Run-Up? My Best Artificial Intelligence (AI) Stock to Buy and Hold.

The Motley Fool

Palantir Technologies (NASDAQ: PLTR) stock has been on a tearing run on the market in 2024, logging remarkable gains of 370% as of this writing. The rapid uptake of artificial intelligence (AI) software solutions by organizations and governments played a central role in this terrific surge. So, if someone bought just $100 worth of Palantir stock at the end of 2023, their investment would now be worth $470.

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TPG in talks to acquire solar provider Altus Power

Private Equity Wire

TPG’s climate investment division is reportedly in negotiations to acquire Altus Power, a company that supplies solar energy to commercial property owners and residential homes, according to a report by Reuters citing sources familiar with the matter. If the discussions between TPG Rise Climate and Altus reach a successful conclusion, a deal could be finalised in the next few weeks, the unnamed sources said.

Stakes 84
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Unilever merges sustainability role after revising environmental goals

Financial Times: Moral Money

Consumer goods giant which has scaled back some green targets is to combine position with other areas

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Nippon’s bid for US Steel in Biden’s hands after panel vetting deal deadlocked

Financial Times M&A

President has already voiced opposition to Japanese companys takeover plan

Bidding 98
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Palantir Stock vs. Oracle Stock: Wall Street Says Only 1 Will Head Higher in 2025

The Motley Fool

Businesses and governments are generating more data than ever, and software companies like Palantir (NASDAQ: PLTR) and Oracle (NYSE: ORCL) can help them make the most of it. But effective data utilization today relies on a key ingredient -- artificial intelligence -- and both companies stand to gain from the increasing demand for AI services. Both companies have already seen the impact of the growth in AI spending on their stock prices.

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Blackstone, KKR, CVC curbed by China’s IPO clampdown

Private Equity Wire

Major private equity firms have faced significant obstacles in selling or listing their China-based portfolio companies in 2023, with Beijings tightening restrictions on IPOs and a decelerating economy having left foreign investors capital effectively trapped, according to a report by the Financial Times. Citing data from Dealogic, the report reveals that none of the 10 largest global private equity groups operating in China have successfully listed a Chinese company or fully exited through M

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Sentient AI Secures $1.5M Raise, Prepares AI Agent Launchpad on Sui

FinSMEs

Panama, Republic of Panama, 27th December 2024, Chainwire The post Sentient AI Secures $1.5M Raise, Prepares AI Agent Launchpad on Sui appeared first on FinSMEs.

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Why BlackRock is shelling out $12bn for private credit shop HPS

Financial Times M&A

Worlds biggest fund manager seeks to elbow its way into industry dominated by the likes of Apollo and Blackstone

Funds 95
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This Completely Off-the-Radar Company Yielding 11.5% Might Be the Safest High-Octane Dividend Stock to Own in 2025

The Motley Fool

One of the great things about putting your money to work on Wall Street is there's more than one way to generate a profit. With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, every investor is likely to find one or more securities that'll help them meet their goals. But among the countless ways to build wealth on Wall Street, buying and holding dividend stocks has historically been one of the most successful investment strategies.

Companies 221
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Tonka Bay Equity Partners promotes Senior Associate

Private Equity Wire

Tonka Bay Equity Partners has promoted Vince Thao, who joined the firm in 2022, to Senior Associate, with responsibilities including transaction diligence, structuring, and portfolio governance. According to a press release, Thao works closely with several existing partner companies, including Corporate Technologies, Fenix, Image AV, Professional Credit, and Standard Locknut, to execute strategic growth initiatives.

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New Crypto Casino Platform Winna.com Secures $15 Million in Seed Funding

FinSMEs

San Jose, Costa Rica, 23rd December 2024, Chainwire The post New Crypto Casino Platform Winna.com Secures $15 Million in Seed Funding appeared first on FinSMEs.

Funds 59
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Intesa Sanpaolo chief calls on governments to stay out of banking deals

Financial Times M&A

Comments from head of Italys largest bank Carlo Messina come as rival UniCredit battles opposition from Berlin and Rome

Banks 91
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Should You Buy This Artificial Intelligence (AI) Stock Before 2025?

The Motley Fool

A skeptical market is finally starting to see International Business Machines (NYSE: IBM) as a leading name in the artificial intelligence (AI) market. As a result, IBM's stock has gained a market-beating 37% in 2024 -- or 44% if you look at total returns with reinvested dividends. Is Big Blue still a buy after this swift rise, or is the growth engine running out of rocket fuel?

Prospects 246
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Northern Oil and Gas makes PE-owned Granite Ridge bid

Private Equity Wire

Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources, a smaller US producer with operations in several major basins, including the Permian and Eagle Ford, according to a report by Reuters citing sources familiar with the matter. Granite Ridge is primarily owned by entities controlled by Grey Rock Investment Partners, a private equity firm founded by Matt Miller and Griffin Perry, who serve as co-chairmen.

Bidding 84
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Blackstone Announces Intra-Quarter Realization Update Relating to the Fourth Quarter

Blackstone News

The post Blackstone Announces Intra-Quarter Realization Update Relating to the Fourth Quarter appeared first on Blackstone.

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2,000 jobs set to be lost in Aviva’s £3.7bn takeover of Direct Line

Financial Times M&A

Groups agree deal to control a fifth of UK motor insurance market

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Better Artificial Intelligence (AI) Stock: Broadcom vs. Marvell Technology

The Motley Fool

Semiconductor stocks Broadcom (NASDAQ: AVGO) and Marvell Technology (NASDAQ: MRVL) have delivered outstanding gains in 2024, with shares of both companies more than doubling as of this writing thanks to the rapidly growing demand for their application-specific integrated circuits (ASICs) and networking chips that are being deployed in data centers for tackling artificial intelligence (AI) workloads.

Companies 204
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DN Capital exits fintech Brigit

Private Equity Wire

DN Capital (DN), a global early-stage venture firm, has exited its investment in Brigit, a financial technology company, following its $460m acquisition by Upbound Group. Brigit offers financial tools, including budgeting features, alerts, and cash advances up to $250, to over one million monthly users mainly lower-income individuals like students and single parents to avoid overdraft fees.

Capital 86
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2024 Unwrapped: Insights & Highlights From Axial Newsletters

Axial

Now that the presents have been unwrapped and the stockings emptied, we find ourselves just fivedays away from stepping into a brand-new year. To celebrate, were counting down to the ball drop by unwrapping featured issues from five of Axials unique newsletter offerings, one for each day remaining in 2024. Each newsletter series is tailored to your interests covering market trends, M&A insights, and exclusive deal data.

Bidding 52
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New Meme Coin Pepeto Launches Presale – New Impressive Measures To Engage Pepeto Army

FinSMEs

CALIFORNIA, United States, 27th December 2024, Chainwire The post New Meme Coin Pepeto Launches Presale New Impressive Measures To Engage Pepeto Army appeared first on FinSMEs.

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Want to Invest Like Warren Buffett -- but on a Limited Budget -- in 2025? Here's 1 Buffett-Approved Asset to Add to Your Portfolio Now.

The Motley Fool

Most investors would be happy with a track record like Warren Buffett's. The billionaire, at the helm of Berkshire Hathaway , has helped generate a compounded annual gain of nearly 20% over the past 58 years. That's compared with a compounded annual increase of about 10% for the S&P 500 over that time period. So, Buffett and his team's stock picks have led to market-beating performance over the long haul.

Assets 211
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CDPE and Trilantic Europe acquire majority Diagram stake

Private Equity Wire

CDP Equity (CDPE), a subsidiary of the Cassa Depositi e Prestiti Group (CDP), and Trilantic Europe, a prominent pan-European private equity firm, have jointly acquired a majority stake in Diagram Group, an Italian agritech innovator. According to a recent press release, the two investors now hold a combined 83% stake in Diagram Group, with each owning 41.6%.

Stakes 82
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Advisor Finder Case Study: Peakstone Group Advises SunPro in Sale to HunterDouglas

Axial

“At the end of the day, after the process ended, we [felt] totally, 100% comfortable that our organization and our family got the best potential outcome.” Bob Falahee, Former Owner, SunPro Motorized Awnings & Screens Axial Members Member Type Investment Bank Business Owner Axial Member Since 2010 2023 Headquarters Chicago, IL Bradenton, FL Axial Accolades 9x Industry Top 50 Firm, 17x League Table Recipient Axial Closed Deals 3 1 Learn More View Profile Company Website Acquired Bu

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OPX Live: Launching a Unified Platform for the Creator Economy 2.0

FinSMEs

Los Angeles, United States, 27th December 2024, Chainwire The post OPX Live: Launching a Unified Platform for the Creator Economy 2.0 appeared first on FinSMEs.

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Hershey's Trust Rejects Mondelez's Buyout Bid. What Investors Need to Know.

The Motley Fool

In mid-December, some Hershey (NYSE: HSY) investors might have thought their Christmas was coming early. A media report stated that a deep-pocketed suitor had made a preliminary offer to buy out the company. If accepted, Hershey was sure to fetch a sweet premium, given its high-profile brand name and its portfolio of familiar brands, including its namesake chocolate bars, Reese's Peanut Butter Cups, and other goodies.

Bidding 189