Private Equity Insights

OCTOBER 5, 2023

The oversubscribed fund received strong support from both new and existing investors comprising a broad range of leading global institutions, including public and private pension plans, asset managers, financial institutions, insurance companies, fund-of-funds, endowments and foundations, family offices and high net worth individuals.

High Net Worth Individuals 130

High Net Worth Individuals Private Equity Firms Private Equity Firms Funds 130

The Motley Fool

OCTOBER 20, 2024

Kinder Morgan ended the quarter with a leverage ratio (net debt divided by trailing-12-month adjusted EBITDA) of 4.1. It now sees itself ending the year at 4 times leverage. It is looking to spend around $2 billion a year on capex, perhaps more, with the ability to fund up to $2.5 Overall, it has a backlog of $5.1

Enterprise Values 130

Enterprise Values Leveraging Amortization Earnings Before Interest 130

Private Equity Professional

AUGUST 23, 2024

I look forward to leveraging my financing experience along with lender and sponsor relationships to support the next phase of growth.” Gridiron invests in manufacturing, service, and specialty consumer companies with enterprise values from $75 million to $600 million and EBITDA from $10 million to $60 million.

Capital 100

Capital Enterprise Values Finance Financing 100

The Motley Fool

APRIL 4, 2024

Importantly, Energy Transfer can fund these projects solely through the cash flow it generates after it pays its distributions. When Energy Transfer cut its distribution in 2020, it was because its leverage became too high, and it needed to pay down debt. In 2023, it generated $7.6 cents is now higher than the 30.5

Enterprise Values 189

Enterprise Values Depreciation Leveraging Debt 189

Private Equity Professional

AUGUST 12, 2024

The Lincoln Private Market Index (LPMI), which tracks changes in the enterprise value of privately held companies in the United States, increased by 1.9% Compared to the public markets, the S&P 500’s quarter-over-quarter enterprise value increase of 4.5% outpaced the LPMI. in the second half of 2023 to 11.1x

Buyout 100

Buyout Enterprise Values Leveraged Buyouts Leveraging 100

The Motley Fool

MAY 15, 2024

However, Chevron is by far the largest, with a nearly $320 billion enterprise value compared to Occidental's at over $80 billion. That put its leverage ratio at 12%, or 8.8% billion of new debt to fund the transaction, in addition to assuming $1.2 Chevron has a much higher production rate (3.35 billion of debt.

Debt 246

Debt Enterprise Values Leveraging Funds 246

The Motley Fool

JUNE 20, 2023

The company and its partners recently agreed to acquire Triton International in a cash-and-stock deal, valuing Triton's equity at $4.7 Brookfield Infrastructure will fund about $900 million of its $1 billion equity commitment with shares of Brookfield Infrastructure. billion to $13.5 That puts its valuation at 7.2 times EV to EBITDA.

Taxes 246

Taxes Enterprise Values Leveraging Prospects 246

Private Equity Professional

SEPTEMBER 10, 2024

Typical target companies will have enterprise values of $150 million to $750 million. In February 2022, OceanSound closed its debut fund, OceanSound Partners Fund LP , with an above-target $780 million of committed capital. © 2024 Private Equity Professional | September 10, 2024

Enterprise Values 130

Enterprise Values Capital Leveraging Funds 130

The Motley Fool

SEPTEMBER 6, 2023

An elevated leverage ratio led the master limited partnership (MLP) to slash its distribution to retain more cash for debt reduction in 2020. However, as leverage improved, the company's priority shifted back to rebuilding its payout. With an enterprise value (EV) of $98.5 That also gives the company lots of visibility.

Leveraging 130

Leveraging Enterprise Values Debt Capital 130

The Motley Fool

OCTOBER 13, 2024

Cathie Wood built a name for herself and her investment firm Ark Invest by racking up some huge gains between 2017 and 2020 in the exchange-traded fund Ark Innovation ETF (NYSEMKT: ARKK). This year the fund is trading down more than 10% despite the strong performance by the broader market.

Investors 130

Investors Depreciation Exchange-Traded Funds Enterprise Values 130

The Motley Fool

DECEMBER 11, 2023

With themes ranging from space exploration to advanced genomics , it's a diverse set of investment funds. Another top AI stock from Cathie Wood and her team was previously held by all six ETFs and still shows up in half of the active funds. That said, the company still has a lot of operating leverage to gain from scaling the business.

Investing 246

Investing Enterprise Values Leveraging Returns 246

The Motley Fool

JANUARY 3, 2024

Cathie Wood kicked off the new trading year with three fresh purchases for her Ark Invest family of exchange-traded funds. Its Recursion OS platform is an operating system that leverages machine-learning algorithms and trillions of searchable relationships across biology and chemistry to help speed up the the advancement of future treatments.

Exchange-Traded Funds 246

Exchange-Traded Funds Enterprise Values Leveraging Stakes 246

Private Equity Professional

SEPTEMBER 4, 2024

Gridiron invests in manufacturing, service, and specialty consumer companies with enterprise values from $75 million to $600 million and EBITDA from $10 million to $60 million. Gridiron is investing out of its fifth fund, which closed above target in October 2023 with $2.1 billion of capital. billion of capital.

Enterprise Values 130

Enterprise Values Capital Leveraging Funds 130

The Motley Fool

SEPTEMBER 7, 2023

The $14 billion deal values the utilities at 1.3x enterprise value -to-rate base and 16.5 The company is leveraging its strong balance sheet to fund the deals, which it expects will close by the end of next year. billion) in stock to get a head start funding the deal. It's paying $9.4 billion in debt.

Enterprise Values 130

Enterprise Values Leveraging Capital Debt 130

Private Equity Insights

NOVEMBER 29, 2023

Alpha GCC will be owned by the promoter group of Aster India and funds managed by Middle East private equity firm Fajr Capital Advisors. The transaction values the GCC business at an enterprise value of $1.7bn and an equity value of $1bn. Aster DM Healthcare to sell Gulf business to Alpha GCC for $1.01bn.

Capital 130

Capital Private Equity Firms Private Equity Firms Stock Exchanges 130

The Motley Fool

JULY 13, 2023

The global infrastructure operator has grown its funds from operations ( FFO ) per unit at an 11% annual rate while increasing its dividend by 9% per year. With an enterprise value (EV) of $96.6 It has ample financial flexibility to fund growth-related investments. billion to $13.5 target range in the future.

Enterprise Values 239

Enterprise Values Amortization Earnings Before Interest Depreciation 239

The Motley Fool

OCTOBER 4, 2024

It's now targeting 12 million home internet subscribers by 2027, primarily leveraging the added capacity of its 5G network. But if there's any additional funds left, the shareholder return program is the likely beneficiary. Its enterprise value ( EV )-to- EBITDA ratio of 12 is higher than both AT&T's (6.8)

Mergers and Acquisitions 130

Mergers and Acquisitions Shareholders Enterprise Values Bidding 130

Private Equity Insights

OCTOBER 17, 2023

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. In connection with execution of the Agreement, Consolidated has entered into an amendment (the “Amendment”) to its credit agreement.

Capital 130

Capital Private Equity Firms Private Equity Firms Enterprise Values 130

Private Equity Insights

OCTOBER 30, 2023

MidEuropa, a leading European private equity investor with deep roots in Central Europe , today announces that it has entered into an agreement to sell Profi Rom Food (“Profi” or the “Company”), one of Romania’s major food retailers, to Ahold Delhaize for an Enterprise Value of approximately € 1.3bn pre-IFRS16 (€ 1.8bn post-IFRS 16).

Enterprise Values 130

Enterprise Values Legal Leveraging Taxes 130

Pension Pulse

OCTOBER 22, 2024

Thomas Gualtieri and Dinesh Nair of Bloomberg report Canadian Pension Funds Ready €7 Billion Sale of Cubico: Canada’s Ontario Teachers’ Pension Plan and PSP Investments are about to kick off the sale of renewable energy company Cubico Sustainable Investments, according to people with knowledge of the matter. Why sell such a coveted asset?

Pension Funds 59

Pension Funds Investing Enterprise Values Assets 59

The Motley Fool

JUNE 14, 2023

Coming into this year, Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) had already secured and funded enough growth drivers to increase its funds from operations (FFO) per share by at least 8% annually through 2027. billion in equity (including $265 million funded by Brookfield Renewable), putting the businesses' enterprise value at $2.8

Enterprise Values 130

Enterprise Values Assets Leveraging Taxes 130

The Motley Fool

JULY 23, 2024

Woodside is paying $900 million in cash plus assuming Tellurian's debt and preferred equity, which pushes the transaction's enterprise value up to around $1.2 While Tellurian sought equity investors to help finance a portion of the enormous investment, the company would have struggled to fund its share of the development.

Enterprise Values 100

Enterprise Values Shareholders Finance Financing 100

The Motley Fool

JANUARY 10, 2024

As the chart in the upper left-hand corner of that slide shows, the MLP trades at about 8 times its enterprise value to EBITDA. It also has a much-improved balance sheet, with a solid credit rating and a leverage ratio trending toward the lower end of its target range. There's no discernable reason for the discount.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Leveraging Prospects 130

The Motley Fool

JANUARY 5, 2024

16, 2021, Rivian's enterprise value reached $151 billion -- a whopping 91 times the revenue it would actually generate in 2022. But in mid-November, Rivian announced plans to borrow as much as $15 billion to fund the construction of its second manufacturing plant in Georgia. At its all-time high of $172.01

Initial Public Offering 130

Initial Public Offering Enterprise Values Bidding Debt 130

The Motley Fool

DECEMBER 1, 2023

When iRobot subsequently had to take out a new $200 million financing facility to pay off existing debt and fund ongoing operations until the merger closed, the two companies, in July 2023, agreed to lower the price that Amazon would pay to $51.75 billion enterprise value was essentially unchanged).

Mergers and Acquisitions 100

Mergers and Acquisitions Enterprise Values Leveraging Debt 100

The Motley Fool

JULY 17, 2023

Nikola also plans to launch its first hydrogen fuel cell electric vehicle (FCEV) in the third quarter, and the California Transportation Commission recently approved a $42 million grant to fund its construction of six hydrogen stations across Southern California with its partner Voltera. But with an enterprise value of $1.84

Enterprise Values 130

Enterprise Values Leveraging Stakes Shareholders 130

Pension Pulse

JULY 11, 2024

Funds raised money, bought businesses, loaded them with debt, exited at a profit and convinced happy investors to do it all over again — at ever greater scale. It gets back to the ability to grow the operating performance of the companies and making sure that returns” come from that rather than from “financial leverage,” he tells Bloomberg.

Buyout 59

Buyout Debt Leveraging Pension Funds 59

Diamond Consultants

JUNE 1, 2023

Or take Alan Zafran, Eric Harrison, and Rob Skinner, ex-Merrill and First Republic advisors who grew their California based firm, IEQ Capital, to $18B in AUM before welcoming PE fund, Stone Point Capital in January 2023. How do I build a business for maximum enterprise value?

Enterprise Values 98

Enterprise Values Private Equity Firms Private Equity Firms Mergers and Acquisitions 98

JMI Equity

MAY 31, 2024

–( BUSINESS WIRE )–KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”).

Legal 40

Legal Leveraging Hedge Funds Enterprise Values 40

Blackstone News

JUNE 15, 2023

(“Cvent”), an industry-leading meetings, events and hospitality technology provider, today announced the completion of its acquisition by an affiliate of private equity funds managed by Blackstone (“Blackstone”) for $8.50 per share in cash, representing a total enterprise value of approximately $4.6

Securities and Exchange Commission (SEC) 105

Securities and Exchange Commission (SEC) Mergers and Acquisitions Legal Enterprise Values 105

Pension Pulse

SEPTEMBER 4, 2024

The deal on behalf of funds managed by Blackstone Real Estate Partners, Blackstone Infrastructure Partners, Blackstone Tactical Opportunities, and Blackstone’s private equity strategy for individual investors, represents Blackstone’s largest investment in the Asia Pacific region. Mr Khuda, Blackstone and AirTrunk declined to comment.

Investing 59

Investing Asset Management Stakes Assets 59

Oakhill

MAY 4, 2023

Menlo Park, CA and Birmingham, AL – May 4, 2023 – Oak Hill Capital (“Oak Hill”) has committed $150 million in primary capital to Lit Communities (“Lit”) to further fund and accelerate the construction of Lit’s fiber-based network in unserved and underserved communities across the United States. Stephens Inc.

Capital 40

Capital Leveraged Buyouts New York Stock Exchange Legal 40

Pension Pulse

SEPTEMBER 5, 2023

Harriet Agnew and Arjun Neil Alim of the Financial Times report Ontario Teachers’ fund acquires UK wealth manager 7IM: The Ontario Teachers’ Pension Plan has agreed to buy UK wealth manager Seven Investment Management, as one of Canada’s biggest investors bets on a sector that is rapidly consolidating. Aquiline declined to comment.

Stakes 59

Stakes Asset Management Financial Services Assets 59

Advent International

AUGUST 7, 2023

for $23 per share in cash, representing a total enterprise value of approximately $2.7 Projected leverage is expected to be approximately 4x 7 at closing. (Nasdaq: SOVO) today announced that the companies have entered into an agreement for Campbell to acquire Sovos Brands, Inc. This represents a 14.6x excluding synergies 6.

Securities and Exchange Commission (SEC) 52

Securities and Exchange Commission (SEC) Leveraging Legal Liabilities 52

The Motley Fool

JULY 31, 2024

The scope to business, which we have owned since November of last year is seeing excellent performance in credit, real estate, and in the multi-strat fund. We closed on our previously announced investment in our Sculptor CLO business, a captive CLO equity fund. And one of the things you'll see is the leverage of the overall platform.

Capital 130

Capital Amortization Shareholders Financing 130

Hellman & Friedman LLC

APRIL 11, 2022

By bringing together complementary leading data assets across a broad range of industries on the most innovative, sophisticated data visualization platform, the combined business will empower brands and retailers to collaborate, better service their customers, respond to trends and leverage more powerful insights to drive growth.

Private Equity Firms 40

Private Equity Firms Private Equity Firms Legal Enterprise Values 40

The Motley Fool

JULY 31, 2024

And as with our Lumos JV, T-Mobile will leverage our scale, brand, distribution and existing customer relationships to grow faster and to do it smarter. This includes our latest estimate on the impact of ACP, as well as funding our higher postpaid customer guide. billion stays on the balance sheet to fund the future investments?

Mergers and Acquisitions 130

Mergers and Acquisitions Capital Assets Shareholders 130