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Piper Sandler and Centerview Partners acted as financial advisors, while Kirkland & Ellis served as legal counsel to Vestar on the transaction. The deal marks the end of Vestars five-year investment in the company, during which it played a pivotal role in scaling the brands growth. Can`t stop reading?
Arma Partners and Jefferies acted as exclusive financial advisors and Latham & Watkins acted as legal advisor to Astorg and Anaqua on this transaction. Nordic Capital has made 33 technology investments in companies with an aggregate enterprisevalue of circa £26bn across the last 20 years.
The success of PC VI is a testament to the strength of our strategy, the caliber of our portfolio company management teams, and our firms commitment to driving lasting value. UBS Securities was the placement agent for Pamlico and Ropes & Gray provided legal services. 2025 Private Equity Professional | March 11, 2025
Venu Sports would cost $43 a month as the definitive subscription for sports fans, but Fubo crashed the party by winning a legal injunction to block the new service on anticompetitive grounds. It collected a settlement that is a healthy 18% of its current enterprisevalue of $1.2 Disney's enterprisevalue is $226 billion.
Vance Street , headquartered in Pacific Palisades, Los Angeles, makes control investments in North American companies with enterprisevalues between $30 million and $350 million and EBITDA of $3 million to $30 million. Key sectors include medical technology, life sciences, industrial technology, and aerospace & defense.
At 65% larger than its predecessor, Evolution I, which closed at 1.2bn in 2021, Evolution II will target mid-market companies in Northern Europe with enterprisevalues between 100m and 500m. The fundraising process was supported by Rede Partners as placement agents and Kirkland & Ellis as legal counsel.
First, 3M saddled Solventum with debt to shore up the balance sheet of the former as it faces multibillion-dollar legal settlements. 3M bought M*Modal's technology business for an enterprisevalue of $1 billion in early 2019, and later that year 3M bought advanced and surgical wound care company Acelity for an enterprisevalue of $6.7
Even more disappointingly, the business has been at the forefront of management's corporate actions in recent years, with management buying M*Modal's health information services business for an enterprisevalue of $1 billion in 2018. It then bought wound care business Acelity for a consideration of $6.7 at the end of 2022.
The stock has always been a play on states' continued legalization of online sports and casino betting. This has steadily played out, with Vermont and North Carolina the latest to legalize sports betting. Florida has legalized online sports betting solely for the Seminole Tribe, although that action is being challenged in court.
New lawsuits would force the company to use any profits and cash flow to pay legal fees and settlements, not deliver shareholder returns or grow the business. Meanwhile, the stock is still more expensive than its peers despite its 30% drop: CRWD EV-to-revenue data by YCharts; EV = enterprisevalue.
Today, the firm’s flagship Private Equity strategy focuses on businesses with enterprisevalues between $300m to $5bn in five target sectors – Business & Industrial Services, Consumer, Industrials, Healthcare and Software. Davis Polk & Wardwell LLP served as legal counsel for HP IX.
The firm has so far made 29 technology investments with an aggregate enterprisevalue of approximately €24bn. Goldman Sachs & Co served as exclusive financial advisor to Zafin and Fasken Martineau DuMoulin served as legal counsel to Zafin. Source: Private Equity Wire Can’t stop reading?
They each have a different investment case, so let's explore why they might suit a value investor's portfolio. After all, mediocre growth, declining margins, and costly legal issues have dogged the company in recent years, not to mention question marks around the sustainability of its dividend. That said, improvement is on the way.
Its sectors of interest include business and consumer services, light manufacturing, and value-added distribution. Founded in 2006, Summit Park has made over 40 investments in the lower middle market, totaling more than $2 billion in enterprisevalue. The firm operates offices in Boston and Charlotte.
” Kirkland & Ellis LLP served as legal advisor to Thoma Bravo. Over the past 20 years, the firm has acquired or invested in more than 455 companies representing over $255bn in enterprisevalue (including control and non-control investments).
Epiris, a private equity firm that targets control positions in UK-headquartered businesses with an enterprisevalue of between £75m and £500m, has held the final close of Epiris Fund III with total capital commitments of £1.044bn. Clifford Chance and Carey Olsen acted as the fund’s legal counsel.
“The successful close of Fund III validates our active, clearly defined investment process and our team’s strategic focus on creating value for our investors and management teams.” PJT Park Hill was the placement agent for Fund III, and Kirkland & Ellis provided legal services.
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 EnterpriseValue of approximately € 1.3bn pre-IFRS16 (€ 1.8bn post-IFRS 16).
Searchlight”) and British Columbia Investment Management Corporation (“BCI”) in an all-cash transaction with an enterprisevalue of approximately $3.1bn, including the assumption of debt.
The enterprisevalue of the deal includes an earn-out of £90m, with both the price and the earn-out payable up to five years after closing, which is expected to occur by the end of the year, subject to customary regulatory approvals.
per share in cash, representing a total enterprisevalue of approximately $4.6 Advisors Qatalyst Partners acted as financial advisor to Cvent, and Kirkland & Ellis LLP acted as legal counsel to Cvent. Simpson Thacher & Bartlett LLP acted as legal counsel to Blackstone, and Evercore, Morgan Stanley & Co.
I'm not a legal expert, but this case looks extremely compelling for Gannett for several reasons. Currently, Gannett trades at a forward enterprise-value-to- EBITDA ratio of just under 6. The lack of competition for publishers' ad space depresses prices and reduces the amount and quality of news content available to readers.
Alpine plans to invest the capital for Fund IX in control buyouts of software and services businesses with total enterprisevalues of up to $1 billion and focus on add-on acquisitions for high-performing platform investments. served as placement agent for the fund and Kirkland & Ellis served as legal counsel to Alpine.
We have since determined that how we account for the three long-term care insurance, or LTC, legal settlements under LDTI should be changed. As previously disclosed, the legal settlements are expected to have a net favorable impact to Genworth because of the significant reduction in tail risk. life insurance businesses. life companies.
stake in the merged entity, by valuing the combined entity at an enterprisevalue of INR 22,481 Crores. Apollo 24|7 is valued at an enterprisevalue of Rs 14,478 Crores. Keimed is valued at an enterprisevalue of INR 8,003 Crores and pursuant to merger, Keimed shareholders would hold a maximum of 25.7%
stake in the merged entity, by valuing the combined entity at an enterprisevalue of INR 22,481 Crores. Apollo 24|7 is valued at an enterprisevalue of Rs 14,478 Crores. Keimed is valued at an enterprisevalue of INR 8,003 Crores and pursuant to merger, Keimed shareholders would hold a maximum of 25.7%
Over 85 product, technology, payments and legal leaders gathered in Baltimore last week for JMI’s annual Product and Technology Roundtable. In addition to product and engineering-specific breakouts throughout the day, the agenda also included focused content on payments and legal topics.
The firm has so far made 29 technology investments with an aggregate enterprisevalue of approximately €24bn. Goldman Sachs & Co served as exclusive financial advisor to Zafin and Fasken Martineau DuMoulin served as legal counsel to Zafin.
Morgan Securities LLC is also serving as financial advisor to Constellation, and Kirkland & Ellis is serving as legal counsel. and Barclays US are serving as additional financial advisors to Calpine and ECP, and Latham & Watkins and White & Case are serving as legal counsel. Morgan Stanley & Co. 10, 2025, at 8:30 a.m.
Looking ahead, Genworth's enterprisevalue and future potential are rooted in our 81.6% Starting on Slide 8, we continue to reduce the tail risk on our legacy LTC block with progress on our multiyear rate action plan and legal settlements. We have no plans to put additional capital into the U.S. life insurance companies.
The company was acquired at a total enterprisevalue of $44 million, of which $8.3 We are supportive of the legislative process that is moving toward the de-scheduling of medical cannabis and the potential wider legalization of adult use cannabis. They are a leading distributor of medical cannabis products in Australia.
This move is part of a larger transaction that places NetCo's enterprisevalue at approximately $27.5 However, the sale has been controversial, with TIM’s largest shareholder Vivendi slamming the decision and subsequently launching legal proceedings against the operator. percent stake in NetCo for up to $2.9 billion (C$2.9
If yes, is there a smart legal way to avoid such limitations? I think we took out billboards in Central Park, basically saying, look, the valuation is frothy. It's trading at a, wait for it, ridiculous 10 times sales. Alison Southwick: No, thank you.
on the Nasdaq Global Select Market on March 15, 2024, and a premium of approximately 48% over Nuvei’s 90-day volume weighted average trading price [1] as of such date, valuing Nuvei at an enterprisevalue of approximately US$6.3 The Special Committee was advised by independent legal counsel and retained TD Securities Inc. (“TD”)
Another thing and this might be fairly Canada focused, but I know it's happening a lot more in your fine country is, you may have heard that cannabis was legalized in Canada across Canada in 2018. those just coming into coming out of their slothful teenage years and into their early 20s and legal drinking age. I can tell you.
Agiloft is a leading provider of data-first CLM software, enabling legal, procurement, sales and other departments to streamline and leverage their contracting efforts. Baker McKenzie served as legal advisor to Agiloft. Gibson, Dunn & Crutcher LLP served as legal advisor to KKR. For more information, visit www.jmi.com.
on the Nasdaq Global Select Market on March 15, 2024, and a premium of approximately 48% over Nuvei’s 90-day volume weighted average trading price [1] as of such date, valuing Nuvei at an enterprisevalue of approximately US$6.3 The Special Committee was advised by independent legal counsel and retained TD Securities Inc. (“TD”)
The agreed purchase price is based on an enterprisevalue of approximately EUR 20,033,000. ADVISORS Morrison & Foerster LLP is serving as Anzu’s legal counsel. Hogan Lovells International LLP is serving as voxeljet’s legal counsel. BNP Paribas acted as financial advisor to voxeljet.
Carter -- Executive Vice President, Chief Legal Officer, and Corporate Secretary Hey, Ali. Carter -- Executive Vice President, Chief Legal Officer, and Corporate Secretary It's New York -- Florida, we're seeing some constraints as well. Ravi Shanker -- Analyst Understood. It's Peter Carter.
Bank Street Group LLC served as exclusive financial advisor and Latham & Watkins LLP and Maynard Nexsen served as legal counsel to Lit Communities and existing equityholders in connection with this transaction. Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to Oak Hill.
for $23 per share in cash, representing a total enterprisevalue of approximately $2.7 Davis Polk & Wardwell LLP acted as Campbell’s legal counsel. acted as legal counsel. Weil, Gotshal & Manges LLP acted as Advent International’s legal counsel. This represents a 14.6x including run rate synergies and 19.8x
LLC and Guggenheim Securities LLC are serving as financial advisors to IRI, and Kirkland & Ellis LLP is serving as legal counsel. Jefferies Group LLC is serving as exclusive financial advisor to NPD and H&F, and Simpson Thacher & Bartlett LLP is serving as legal counsel.
With a current total enterprise valuation of $23 billion, which represents the largest enterprisevalue to date for a private insurance broker, HUB expects to receive a substantial minority investment from funds managed by LGP. Barclays acted as exclusive financial advisor and Latham & Watkins LLP as legal counsel, to LGP.
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