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Learn more about mergers and acquisitions in the DACH area by joining the DACH Private Equity Conference in Munich. The transaction, executed through the DIF Infrastructure VII fund, will support the further expansion of BALANCEs renewable energy operations. Its operations deliver green energy to over 180,000 households annually.
The deal is set to enhance FGEs capabilities by expanding its team, technology platform, and service offerings, while also supporting both organic and acquisition-driven growth. Founded in 1984 by Dr. Fereidun Fesharaki, FGE delivers independent data, research, and advisory services across global oil, gas, LNG, NGLs, and green energy markets.
Private investment giant Blackstone, in partnership with smaller investors, is acquiring a majority stake in Citrin Cooperman, a US accounting firm, in a deal that values the company at over $2bn, according to a report by the Financial Times. Private equity has driven a wave of mergers and acquisitions in the accounting sector.
While Blue Owl itself would not participate in the merger, it owns stakes in firms that could, including infrastructure investors like Stonepeak and I Squared Capital, as well as private equity groups like Vista Equity Partners, Silver Lake, and Platinum Equity.
Vista Equity Partners has sold an $800m minority stake in LogicMonitor, a SaaS-based hybrid observability platform powered by artificial intelligence (AI), to a consortium of investors including PSG, Golub Capital, and others.
Buying a stake in Activision proved to be a lucrative move for Berkshire. Now, though, Buffett is selling Berkshire's Activision stock before the Microsoft acquisition closes. By the end of 2022, its stake had been trimmed to 6.7%. The giant conglomerate's stake was reduced to only 1.9%. of Activision.
Serve Robotics executed a reverse merger with the blank-check company Patricia Acquisition in 2023, which paved the way to its Nasdaq listing at $4 a share on April 18. Most of that rally occurred this July after Nvidia revealed that it had taken a 10% stake in the company. But it ended the first day at just $3.11
T&D Holdings will become the largest shareholder, while Allianz will acquire a 25% stake. Since then, the insurer has expanded through acquisitions, including Skandia and Entis, growing its assets under management from 5bn to 67bn and its policyholder base from 600,000 to 3.4
Source: Mergers & Acquisitions Can’t stop reading? read more Apollo mulls $9.5bn stake in Seven & i acquisition Apollo Global Management Inc. read more Prada explores acquisition of Versace from Capri Holdings Prada is evaluating a potential acquisition of Versace from Capri Holdings, with Citi acting as.
The regulator, which launched the probe in December over competition concerns, confirmed on Wednesday that it will not escalate the merger to a further in-depth investigation. Read more here. Can`t stop reading?
Endless created Karnova Food Group through the acquisitions of Yorkshire Premier Meat in 2022 and Smithfield Murray in 2023. The private equity firm has not disclosed financial returns from the exit. The combined business now generates over 135m in revenue, according to a statement from Endless. Can`t stop reading?
The stake was purchased from British Columbia Investment Management Corporation (BCI), one of Canadas largest institutional investors. The stake was purchased from British Columbia Investment Management Corporation (BCI), one of Canadas largest institutional investors.
Source: Private Equity Wire If you think we missed any important news, please do not hesitate to contact us at news@pe-insights.com. Can`t stop reading?
That run has culminated in Synopsys' recently announcement intension to acquire design and physics simulation software leader Ansys (NASDAQ: ANSS) in an industry mega-merger. Synopsys and Cadence are up 100% and 115%, respectively, over the past three years alone. Its performance has been downright pedestrian the last few years.
The oil companies currently find themselves on opposite ends of a major dispute stemming from Chevron's pending acquisition of Hess (NYSE: HES) , which it made as a countermove following Exxon's mega-deal for Pioneer Natural Resources. Exxon believes Chevron's pending acquisition of Hess triggers this clause. billion, or $64.5
Key deals included selling its majority stake in Dutch generic drugmaker Synthon to Goldman Sachs’ alternative investment division, divesting its controlling stake in Canadian security firm GardaWorld, and listing Springer Nature AG in Germany. Can`t stop reading?
A high-stakes clash between private equity titans KKR and Bain Capital over a $4bn buyout of Fuji Soft is reshaping the landscape of mergers and acquisitions (M&A) in Japan, and could become a blueprint for more aggressive dealmaking in the country, according to a report by the Financial Times.
This merger is more than just a step forward its a transformation in how fund managers operate, said Juan Manrique, co-founder and CEO of Untap. Together, were giving our clients a competitive edge by removing complexity, improving efficiency, and setting a new benchmark for digital fund management. Can`t stop reading?
BlackRock made headlines in late 2024 through the firms acquisition of HPS Investment Partners , backed by their expectation that the private debt market will more than double to $4.5 2] While BlackRocks acquisition dominated the news cycle, other firms have already made it their prerogative to jump into the private credit pool.
Trading in the company’s shares was halted on Friday pending an announcement related to mergers and acquisitions. Warburg Pincus, ESR’s largest shareholder with a 14% stake, plans to roll over its holdings into the new private entity rather than sell for cash, according to one of the sources.
But in the investment banking world, the best time to finalize potential mergers or acquisitions is over the weekend, as markets aren't open and companies don't have to worry about the potential for leaked information to cause an immediate spike in share prices. Under the deal, Brookfield Re would pay $38.85 of outstanding shares.
Energy companies have signed over $180 billion in merger agreements over the last six months. However, Devon Energy (NYSE: DVN) has gotten left out of the current merger wave washing over the oil patch. The oil producer has reportedly pursued several acquisition targets, only to lose to a competitor.
The specialist in audio and speech recognition software went public by merging with a special purpose acquisition company on April 28, 2022. That trajectory is impressive, but management originally claimed the company could generate $255 million in revenue in 2024 during a pre-merger presentation in late 2021.
An affiliate of Paceline Equity Partners, LLC , a Dallas-based private equity manager, today announced that it has participated in a $175m financing facility to support GCOM Software LLC’s merger with OnCore Consulting, LLC. GCOM is a portfolio company of Sagewind Capital, LLC , a New York-based middle-market private equity firm.
During its ownership term of Pasture Brands, Benford closed two add-on acquisitions with the buys of Iowa-based specialty egg supplier Yoder Farms in December 2021; and Pillars Yogurt , a Massachusetts-headquartered clean label drinkable yogurt brand in April 2024.
Buyout firm EQT AB is teaming up with Germany’s richest man to acquire a 35% stake in German bus and train operator Flix SE. Rich Families Private equity firms clinched more than $30 billion of deals around the world last week, raising hopes for a revival in mergers and acquisitions following a slow first half of the year.
Blackstone and JP Morgan Chase’s healthcare investment arm Morgan Health will take minority stakes. The HealthComp and Virgin Pulse merger comes as private equity deals have decreased from pandemic-fueled highs. New Mountain will maintain majority ownership of the combined company, while Marlin will retain a minority position.
The needle-moving acquisition would enhance the company's portfolio and extend its growth profile. Drilling down into the deal Chevron unveiled its merger agreement with Hess last October, less than two weeks after Exxon revealed its more than $60 billion megamerger with Pioneer Natural Resources. A merger or an asset purchase?
Nvidia, which owns a small stake in SoundHound, also integrates Houndify's services into its Drive platform for connected vehicles. SoundHound went public by merging with a special purpose acquisition company ( SPAC ) in 2022 and subsequently expanded by acquiring the restaurant tech companies SYNQ3 and Allset.
Acquisitions are another big driver of distribution growth for Enterprise. The company has a long history of making accretive deals, from large-scale corporate mergers to asset acquisitions. It also bought that MLP's stake in the Panola Pipeline for $25 million, boosting its stake to 70%.
The wave has flowed down into the midstream sector, where leading players Energy Transfer (NYSE: ET) and Oneok (NYSE: OKE) have made headline-grabbing acquisitions. Midstream merger mania The pipeline sector has faced its share of headwinds in recent years. billion cash-and-equity acquisition of privately held Lotus Midstream.
After all, he's owned it since he helped arrange a merger to create the entity in 2015. The merger was worth roughly $45 billion, creating a food giant that owns such famous brands as Kraft, Heinz, Oscar Meyer, Kool-Aid, Jell-O, Capri-Sun, and more. However, the merger also loaded up the new entity with debt. Is it stubbornness?
But there's a reason Warren Buffett's kept a sizable Kraft Heinz stake in Berkshire Hathway 's portfolio since melding the two food companies into one back in 2015. A merger that underperformed on multiple levels If you're not familiar with the saga, here's the shortened version of the story. That is, he still sees hope.
The main draw was Hess' 30% stake in the Exxon-operated Stabroek block offshore Guyana. However, Exxon and its other partner in Guyana, China's CNOOC , now say the deal will trigger a change-of-control provision, enabling them to increase their stakes in Stabroek. It currently remains committed to the merger despite this latest issue.
A wave of mergers and acquisitions (M&A) activity has washed over the oil patch in the last year. Several midstream companies have made acquisitions, while the rumor mill suggests others are on the prowl. The master limited partnership (MLP) has made several acquisitions over the years. billion in July.
It's not just a user of AI to add value to its solutions; it also has a significant stake in a quantum computing business that management plans to monetize. Moreover, Kapur noted that "we are committed to demonstrating a path to monetization of our stake within the next 18 months." Image source: Getty Images.
Berkshire Hathaway's combined stake in Coca-Cola (NYSE: KO) , Kroger (NYSE: KR) , and Amazon (NASDAQ: AMZN) amounted to over $25 billion at the end of 2023's third quarter. Kroger: There's tremendous value in large grocery chains John Ballard (Kroger): Berkshire held a stake in Kroger of about $2.2 billion at the end of 2023's Q3.
The high-stakes world of gaming has been abuzz since Microsoft (NASDAQ: MSFT) announced its bold move to acquire Activision Blizzard (NASDAQ: ATVI). regulatory agencies, have cast uncertainty on the merger's future. regulatory agencies, have cast uncertainty on the merger's future. Microsoft seeks to purchase a $68.7
It's making two acquisitions to enhance its footprint, cash flow, and ability to return cash to investors. After closing the deal for GIP's interest in EnLink, Oneok plans to pursue the acquisition of EnLink's publicly traded shares in a tax-free transaction (i.e., a stock-based acquisition). EnLink currently has a $12.3
Curaleaf has also been expanding its footprint internationally through strategic acquisitions in recent years, such as the landmark deal to buy EMMAC Life Sciences in 2021, along with its decision to purchase a 55% equity stake in Germany's leading medical cannabis company, Four 20 Pharma, in late 2022.
Symbotic (NASDAQ: SYM) , a producer of artificial intelligence-powered warehouse automation robots, went public by merging with a special purpose acquisition company (SPAC) two years ago. Serve Robotics executed a reverse merger with the blank-check company Patricia Acquisition Corp. to about $40 as of this writing.
15, SoundHound AI stock rocketed 67% higher following news that " Magnificent Seven " member Nvidia had disclosed a stake in the company. Why the stock is moving higher SoundHound AI went public in 2022 with the help of a special purpose acquisition company ( SPAC ). Following its 67% gain on Thursday, SoundHound stock trades at $3.76.
Joby Aviation went public through a merger with a special purpose acquisition company (SPAC) in 2021 , raising more than $1 billion to help develop and test its eVTOL program. These characteristics could make them easier to mass produce and better suited to operating in dense urban environments. Does Joby Aviation have an edge?
stake in Celsius, and supercharged its distribution. Furthermore, investors are having an unjustified knee-jerk reaction to Sirius XM's upcoming third-quarter merger with Liberty Sirius XM (NASDAQ: LSXMA) , its tracking stock, and the resulting reverse stock split. The beverage giant made a $550 million investment for an 8.5%
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