Sat.Dec 14, 2024 - Fri.Dec 20, 2024

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Vance Street Seals the Deal

Private Equity Professional

Vance Street Capital has acquired System Seals , a Cleveland-based designer and manufacturer of high-performance sealing products. System Seals specializes in designing and manufacturing proprietary, high-performance sealing products that require high compliance, material, performance, or tolerance requirements, particularly for systems with high failure costs.

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Carnival Corp. (CCL) Q4 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Carnival Corp. (NYSE: CCL) Q4 2024 Earnings Call Dec 20, 2024 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings, and welcome to the Carnival Corporation & plc fourth quarter 2024 earnings conference call. [Operator instructions] As a reminder, this conference is being recorded.

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The state of the AI Agents ecosystem: The tech, use cases, and economics

Insight Partners

In May, we discussed an impending shift in enterprise architectures toward AI Agents. In the six months since that article came out, we have monitored actual agentic deployments across companies, noticing the differences in use case complexity, the tradeoff of buying function-specific Agents versus building custom agentic workflows, and the variety in how value is measured and attributed.

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2024 in Review: Private Equity embraces change

Private Equity Info

Private equity activity in 2024 reflected a strategic pivot driven by evolving macroeconomics and market dynamics. The landscape was characterized by strategic adaptation and the growing influence of technology. Firms that embraced these changes focusing on smaller deals, leveraging add-on strategies, and harnessing the power of AI positioned themselves to thrive in an increasingly complex and competitive market.

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Northern Wholesale Acquired by Sun

Private Equity Professional

Northern Wholesale Supply (NWS), a distributor of outdoor and powersports equipment and supplies, has been acquired by Sun Capital Partners. NWS products catalog has more than 30,000 parts and accessories for recreational vehicles ; powersports vehicles , including snowmobiles and jet skis; boat-related parts, accessories, and supplies; and manufactured and mobile home components.

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Walgreens Boots Alliance Stock Jumps on Report of a Possible Buyout. Here's Why Investors Should Tread Carefully.

The Motley Fool

Walgreens Boots Alliance (NASDAQ: WBA) stock looks to have finally received some much-needed bullishness from investors. The stock was jumping last week on rumors that a private equity firm may be buying the company. While Walgreens stock is still down more than 60% this year (as of the end of last week), it is showing signs of life of late. But before you jump in and decide to take a chance on this beaten-down stock, there are some things to consider.

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Singapore’s January Capital secures $85m for tech credit fund

Private Equity Wire

January Capital, a Singapore-based asset management firm, has secured over $85m in initial investor commitments for a growth credit fund that will focus on the technology sector, according to a report by BNN Bloomberg. The report cites a company statement as highlighting that the fund aims to provide loans to private equity-backed technology companies in the Asia Pacific region, addressing a growing funding gap for these businesses that are often too large for lenders who cater to unprofitable t

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Are M&A Deal Parties Turning Away from Reps & Warranties Insurance? 

Private Equity Professional

RWI usage is declining [1] for deals closed in 2024, including among Private Equity buyers. [2] When an M&A deal requires more carveouts for things like survival periods and caps and special escrows to cover RWI policy exclusions and limitations, deal makers are reevaluating the structure and cost of indemnification. Additionally, RWI may not provide a safety net expected by the sellers.

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Lennar (LEN) Q4 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Lennar (NYSE: LEN) Q4 2024 Earnings Call Dec 19, 2024 , 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Welcome to Lennar's fourth-quarter earnings conference call. At this time, all participants are in a listen-only mode. After the presentation, we will conduct a question-and-answer session.

Assets 242
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Apollo projects private credit market to hit $40tn by 2030

Private Equity Wire

Apollo Global Management has projected significant growth in the private credit market, with asset-based finance driving a doubling in size from $20tn to $40tn within the next five years, according to a report by Bloomberg. The report quotes Akila Grewal, Apollos Global Head of Credit Product, as saying during Bloomberg Intelligences latest Credit Edge podcast, that: Were going to get there really soon, noting that Apollo’s expansive definition of private credit includes asset-based financ

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Acurast Unveils Processor Lite for iOS: Empowering iPhone Users to Join the DePIN Cloud Rebellion Secured by Polkadot

FinSMEs

Zug, Switzerland, 19th December 2024, Chainwire The post Acurast Unveils Processor Lite for iOS: Empowering iPhone Users to Join the DePIN Cloud Rebellion Secured by Polkadot appeared first on FinSMEs.

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Family-Owned Tropical Cheese Partners with Leading Private Equity Firms

Private Equity Professional

Avance Investment Management and AUA Private Equity Partners have acquired Tropical Cheese Industries , a family-owned producer of Hispanic dairy and meat products. Tropical Cheeses product portfolio includes cheeses such as Queso de Frer and Queso Blanco , meats like chorizo, salami, and ham, as well as tortillas, yogurt drinks, seafood, creams, and desserts such as flan and rice pudding.

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Billionaire Stanley Druckenmiller Sold 95% of Duquesne's Stake in Palantir and Is Piling Into This Trillion-Dollar Artificial Intelligence (AI) Stock Instead

The Motley Fool

The fourth quarter has been packed with important data releases. In November, investors received hundreds of earnings reports from Wall Street's most-influential businesses, the much-anticipated election results , and numerous economic data releases that offer clues as to the steps the nation's central bank might take next. But perhaps the most relevant data dump of them all came on Nov. 14.

Stakes 246
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Colbeck Capital names Head of Business Development

Private Equity Wire

Colbeck Capital Management, a middle-market private credit firm, has appointed Gregory Budetti as Head of Business Development, overseeing strategic capital formation initiatives and develop investment solutions. According to a press release, he will be working closely with Managing Partners Jason Beckman and Jason Colodne. Budetti brings over a decade of experience in business development, investor relations, and capital raising.

Capital 98
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Harbour Teams with Velocity Labs to Launch Instant Stablecoin Payment Between EU Banks and Polkadot

FinSMEs

London, UK, 19th December 2024, Chainwire The post Harbour Teams with Velocity Labs to Launch Instant Stablecoin Payment Between EU Banks and Polkadot appeared first on FinSMEs.

Banks 98
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Benefits of ETFs for Diversification

Motley Fool Asset Management

Building a portfolio involves more than simply picking stocks you think will appreciate. We believe its about combining stocks you think will appreciate in a way that balances upside potential with downside risk management.

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Why I Can't Stop Buying This Ultra-High-Yielding ETF

The Motley Fool

I love generating passive income. I currently use that income to make more income-generating investments. My goal is to eventually make enough income from passive sources to cover my routine living expenses. That will remove the stress of having to work to pay the bills, making me much more financially independent. I have a long way to go, which is why I continue to make additional income-generating investments when I have cash to spare.

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Schroders to shut Australian private debt business 

Private Equity Wire

Schroders is shutting down its AUD100m ($63m) Australian private-debt business, citing increased competition in fundraising and sourcing investments, according to a report by Bloomberg citing CEO and Chief Investment Office Simon Doyle. In a statement, Doyle explained that the Australian private debt market has become highly competitive, saying: as we look to focus our business and build scale globally, we believe the efforts of our private assets team are better directed towards other areas.

Debt 97
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BVNK Raises $50M in Series B Funding

FinSMEs

BVNK, a London, UK-based stablecoin payments infrastructure company, raised $50M in Series B funding. The round was led by Haun Ventures with participation from Coinbase Ventures, Scribble Ventures, DRW VC and existing investors Avenir and Tiger Global. The company intends to use the funds to expand operations and its development efforts. Led by Jesse Hemson Struthers, CEO, […] The post BVNK Raises $50M in Series B Funding appeared first on FinSMEs.

Funds 98
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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of Colombia Tolima Los Brasiles Peaberry Organic coffee, grab a seat outside, and get ready for our longer-form weekend reads: You Want That Gift to Arrive Today? This Is What It Takes. Retailers like Amazon, Walmart and Target have figured out that if they get you your online order today, you will probably spend more tomorrow. ( New York Times ) Have we reached peak PreCheck?

Funds 98
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Nvidia vs. Broadcom: Which Is the Better AI Chip Stock to Own in 2025?

The Motley Fool

When it came to artificial intelligence (AI) infrastructure in 2024, Nvidia (NASDAQ: NVDA) reigned supreme. However, Broadcom (NASDAQ: AVGO) will be looking to challenge the chipmaker in 2025. Both stocks have had strong runs in 2024, with Nvidia's stock up over 170% year to date as of this writing and Broadcom up around 107%. Let's consider which semiconductor stock looks like the better buy heading into 2025.

Prospects 246
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Carlyle and Stonepeak strike €1.5bn Forgital deal

Private Equity Wire

Global investment firm Carlyle has agreed to sell Forgital, a provider of advanced aerospace and industrial forged products, to US alternative investment firm Stonepeak in a deal that reportedly values the business at more than 1.5bn, including debt. The transaction is expected to close in the second quarter of 2025, subject to customary regulatory approvals.

Legal 98
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Decart Raises $32M in Series A Funding

FinSMEs

Decart, a San Francisco, CA-based AI research lab, raised $32M in Series A funding. The round was led by Benchmark, with participation from existing investors Sequoia Capital and Zeev Ventures. The company intends to use the funds to grow its team of experts. Led by CEO Dean Leitersdorf, Decart has built an AI infrastructure platform […] The post Decart Raises $32M in Series A Funding appeared first on FinSMEs.

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KCPB spin-out G2 Venture Partners said to seek $750m for Fund III

AltAssets

G2 Venture Partners, the early-stage investor which spun out from KPCB seven years ago, is reportedly eyeing $750m for its third fund. The post KCPB spin-out G2 Venture Partners said to seek $750m for Fund III appeared first on AltAssets Private Equity News.

Funds 98
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Spousal Social Security Benefits: 4 Things All Retired Couples Should Know

The Motley Fool

Many people view Social Security as a plan that forces individuals to save for their retirement. That view is mostly correct. Employers must contribute to the retirement savings of their workers, too. There's also a twist to Social Security that allows spouses to claim benefits based on their husbands' or wives' benefits. How do these spousal Social Security benefits work?

Legal 246
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Abacus Unlocks SBA Partnership with SBIC Fund Debut

Private Equity Professional

Abacus Finance Group has received a Small Business Investment Company (SBIC) license and has closed its inaugural SBIC fund, Abacus Finance SBIC Fund I LP (Fund I). The Small Business Investment Company (SBIC) program was created by the U.S. Small Business Administration (SBA) in 1958 to help small businesses access capital by partnering private investment firms with government-backed capital.

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SandboxAQ Raises More Than $300M in Funding

FinSMEs

SandboxAQ, a Palo Alto, CA-based company delivering solutions at the intersection of AI and quantum techniques, raised more that $300M in funding. The round, which valued the company at$5.3 billionon a pre-money basis, was led by Fred Alger Management, LLC, T. Rowe Price Associates, Inc., Mumtalakat, Parkway Venture Capital, Breyer Capital,Rizvi Traverse, S32, US Innovative […] The post SandboxAQ Raises More Than $300M in Funding appeared first on FinSMEs.

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Key Insights: 4 Essential Takeaways from XYPN LIVE

XY Planning Network

Walking through a financial planning conferences doors, you might expect to find a room full of strangers dressed to the nines. But thats not what you get at XYPN LIVE. XYPN LIVE events are casual by designthink t-shirts and shortsso you can come as you are and find real connections.

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Where Will Archer Aviation Be in 1 Year?

The Motley Fool

Archer Aviation (NYSE: ACHR) has captured the imagination of investors recently as the company has inched closer to commercial launch. But what should we expect in the next year? Travis Hoium explains where investors should see progress in this video. *Stock prices used were end-of-day prices of Dec. 16, 2024. The video was published on Dec. 17, 2024.

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Cornell Names Jennifer Cattier as Newest Partner

Private Equity Professional

Cornell Capital has promoted Jennifer Cattier to Partner. Based in the firms New York office, Ms. Cattier will continue to oversee operations and personnel, drive strategic priorities, and lead infrastructure initiatives for the firm. Ms. Cattier joined Cornell Capital in 2022 as the firms chief operating officer and chief compliance officer. With todays promotion, Cornell Capitals partner group now consists of seven partners across its New York City and Hong Kong offices.

Legal 100
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Forbes Web3 Celebrates Innovation: Legacy Pass Members Showcased in the Forbes Magazine

FinSMEs

New York, USA, 16th December 2024, Chainwire The post Forbes Web3 Celebrates Innovation: Legacy Pass Members Showcased in the Forbes Magazine appeared first on FinSMEs.

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Surprise! California’s 40 Qs of Rising Minimum Wage & Fast Food Industry Growth (Beating USA)

The Big Picture

@TBPInvictus here Our story so far : California has been raising its minimum wage for the past decade, starting at $8/hour through 2013. Many fast food workers (specifically) got bumped to $20/hour, from $16, in April (the law is very specific about who is eligible for the increase). Over that decade, with its minimum wage rising, California’s fast food industry has bested the rest of the US by leaps and bounds.

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History Says the Nasdaq Will Soar in 2025. Here's the 1 AI Stock to Buy Before It Does.

The Motley Fool

The Nasdaq has blasted higher over the past two years, gaining more than 43% last year and now heading for an increase of more than 33% for 2024. This is thanks to the artificial intelligence (AI) boom, as five of the benchmark's most heavily weighted stocks and several others in the top 10 operate in this high-growth area. Today's $200 billion AI market is forecast to reach more than $1 trillion by the end of the decade, meaning companies that got involved in this technology early could greatly

Companies 246
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Could MicroStrategy Be Your Ticket to Becoming a Millionaire by 2050?

The Motley Fool

For many years, MicroStrategy (NASDAQ: MSTR) was a sleepy tech stock. Between 2010 and 2020, the data mining and analytics software provider only grew its annual revenues at a compound annual rate of 0.6%, and it struggled to stay relevant against nimbler cloud-based competitors like Salesforce. But in 2020, MicroStrategy's co-founder and then-CEO Michael Saylor directed it to invest $250 million in Bitcoin (CRYPTO: BTC).

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The Best Stocks to Invest $50,000 in Right Now

The Motley Fool

It might seem intimidating to buy stocks as the S&P 500 and Nasdaq Composite hover near their all-time highs. After all, Warren Buffett told investors to be "fearful when others are greedy" -- and plenty of high-growth stocks are trading at greedy valuations. So if you plan to invest at least $50,000 in this frothy market, you should carefully seek out the market leaders that are still expanding, have wide moats, and look undervalued relative to their growth potential.

Investing 246
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Here Are Two Major Social Security Changes Retirees Need to Know Heading Into 2025

The Motley Fool

One thing people quickly notice about Social Security is that change is virtually inevitable. Rules change, eligibility requirements change, payments change, and there's no reason to believe this will stop anytime soon -- if ever. Some Social Security changes only apply to certain groups of people, but others apply to most current or incoming recipients.

Taxes 246
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The Ultimate Guide to Investing in the Vanguard S&P 500 ETF for Maximum Returns

The Motley Fool

I know; my headline makes a big promise. The "ultimate guide" to anything could be several books in length, offering deep dives into every thinkable strategy and idea. But when it comes to building durable wealth in the stock market, I'm working with a really short list of strategies proven to deliver strong results over time. You don't have to find "the next big thing" before anybody else, and you don't have to take out a second mortgage to finance your stock-buying plans.

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