The Motley Fool

AUGUST 29, 2023

News of a multibillion-dollar settlement might not seem likely to drive a stock higher, but that's exactly what happened to 3M (NYSE: MMM) on Monday. According to Bloomberg, the company has agreed to pay more than $5.5 billion to put to rest long-standing litigation accusing it of selling faulty earplugs to the U.S. military. The agreement will resolve more than 300,000 lawsuits from individuals impacted by the earplugs. 3M would reportedly pay out the sum over a five-year period, though the dea

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PE Hub

AUGUST 29, 2023

Based in California, Nelson Miller Group is a provider of engineering, manufacturing and supply chain management solutions. The post New Water-backed Nelson Miller Group acquires manufacturer Injection Works appeared first on PE Hub.

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The Motley Fool

AUGUST 29, 2023

Longtime Tesla (NASDAQ: TSLA) shareholders know how volatile its stock can be. After reaching its peak price of about $410 per share, it tumbled last year along with many other technology and growth stocks. But shares have rebounded in 2023, nearly getting back to $300 per share in mid-July. After a month-long decline that took it back down to around $215, the stock is marching higher again.

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PE Hub

AUGUST 29, 2023

Goodwin Procter LLP acted as legal counsel to SK Capital while Keating Muething & Klekamp PLL acted as legal counsel to Isolatek. The post SK Capital scoops up fireproofing technology provider Isolatek appeared first on PE Hub.

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Capital Legal 211

The Motley Fool

AUGUST 29, 2023

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. If you're at the point in your life where you're seriously looking at your final wishes, you may well find yourself deciding whether to use either a living trust or a will as the main vehicle for distributing your assets when the time comes.

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PE Hub

AUGUST 29, 2023

Axxes Direct will offer advisors co-investment opportunities in private assets. The post Axxes Capital launches new secondaries platform Axxes Direct, hires Bass as president appeared first on PE Hub.

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PE Hub

AUGUST 29, 2023

In connection with the investment from AFF, Sequense and its CEO Kimber Falkinburg, will relocate the company’s headquarters to Birmingham, Alabama. The post AFF invests in travel agency software provider Sequense appeared first on PE Hub.

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Investing 196

The Motley Fool

AUGUST 29, 2023

The latest part of the Biden Administration's student loan relief effort is an income-driven repayment (IDR) plan known as the SAVE Plan. In this video, I'll explain how the SAVE Plan could lower your student loan payments, make loan forgiveness easier, and more. 10 stocks we like better than Walmart When our analyst team has an investing tip, it can pay to listen.

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PE Hub

AUGUST 29, 2023

Avalon is a provider of technology-based services like digital forensics, cybersecurity, eDiscovery, and business-critical document services. The post PE-backed Avalon buys legal tech firm Tower Legal Solutions appeared first on PE Hub.

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Legal 189

The Motley Fool

AUGUST 29, 2023

Artificial intelligence (AI) promises to boost labor output across most industries. In fact, a study conducted by exchange-traded fund organizer Ark Invest concluded that automation tools could more than double the productivity of the average knowledge worker. That selling point could propel the value of the AI software market to $14 trillion by 2030, up from $1 trillion in 2021.

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PE Hub

AUGUST 29, 2023

Clearlake-backed Discovery Education agrees to acquire edtech firm DreamBox Learning. The post Trinity grows Visterra Landscaping with add-ons; BlackRock looking at education as Clearlake inks deal appeared first on PE Hub.

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Education 188

The Motley Fool

AUGUST 29, 2023

The idea that people could take a miracle drug to lose weight has been a foundation for scams going back decades. However, that's no longer the case. Pharmaceutical company Novo Nordisk (NYSE: NVO) , traditionally an insulin manufacturer, has developed two products that help people lose weight. These products have gone viral in the United States, and have analysts racing to raise Novo Nordisk's forward-looking growth estimates.

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PE Hub

AUGUST 29, 2023

Plastikon Automotive is a US-based automotive interiors, assemblies and electric vehicle battery housing supplier. The post Apollo-owned ABC Technologies to acquire Plastikon Automotive appeared first on PE Hub.

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The Motley Fool

AUGUST 29, 2023

Eli Lilly (NYSE: LLY) and Merck (NYSE: MRK) are both among the largest biopharmaceutical businesses in the world, but their growth prospects aren't exactly the same. Nonetheless, the pair handily outperformed the market over the last 12 months, with Eli Lilly's total return rising by 73%, and Merck's climbing by 25%. But only one of them is likely to have a shot at outperforming over the next few years.

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Prospects Returns Portfolios Companies 246

PE Hub

AUGUST 29, 2023

'Large conglomerates are looking at their balance sheet, liquidity, cash situations and focusing in again on their core business, creating opportunity for private equity,' said von Niederhaeusern. The post BlackRock’s Nathalie von Niederhaeusern: Leaning into take-privates, carveouts appeared first on PE Hub.

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Conglomerates 184

The Motley Fool

AUGUST 29, 2023

Image source: Getty Images What happened Amazon is raising the free shipping threshold for some non-Prime members from $25 to $35. The change will initially roll out to certain ZIP codes, but Amazon may decide to impose a $35 shipping minimum on all non-Prime members in time. So what For some consumers, the $139 annual fee for Amazon Prime isn't worth paying, especially since it's possible to score free shipping by meeting a spending threshold.

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PE Hub

AUGUST 29, 2023

TGI Fridays is headquartered in Dallas. The post TriArtisan-backed TGI Fridays appoints Coleman as CEO appeared first on PE Hub.

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The Motley Fool

AUGUST 29, 2023

Gene-therapy biotech Bluebird Bio 's (NASDAQ: BLUE) stock price is down by 41% in the last 12 months, so it's no surprise that investors are wondering whether it's priced at a bargain. Bluebird's fortunes might turn soon, as it scales up its commercialized medicines, and potentially gets a new medicine approved by the end of the year. But it will likely take more than that to make the stock look cheap.

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Debt Investors Companies Returns 246

PE Hub

AUGUST 29, 2023

LRBG Chemicals is a resin manufacturer and developer with headquarters in Longueuil, Quebec. The post Private equity-backed Bakelite Synthetics to buy LRBG Chemicals appeared first on PE Hub.

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The Motley Fool

AUGUST 29, 2023

Image source: Getty Images The USDA recently announced its cost-of-living increase to SNAP food benefits for the 2024 fiscal year. Starting this October, the maximum monthly benefit for a household of four will increase to $973 in most U.S. states. That's a 3.6% increase from the $939 monthly maximum a four-person household can currently receive. On the face of it, a 3.6% increase in food benefits beats the overall change in living costs, and it's certainly better than nothing.

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Banks Accounting Financing Finance 246

PE Hub

AUGUST 29, 2023

Stefan Banks serves as CEO of ALP. The post American Landscaping Partners secures investment from Shoreline appeared first on PE Hub.

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Investing Banks 188

The Motley Fool

AUGUST 29, 2023

Biogen (NASDAQ: BIIB) and Eli Lilly (NYSE: LLY) have a lot in common. Both companies are among the leaders in the biotech industry. Both have deep lineups and pipelines. And both are looking to dominate an area with a severe and growing need for new therapies: Alzheimer's disease (AD). However, these two stocks have moved in very different directions over the past three years, with Eli Lilly delivering substantially better returns to its shareholders.

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Prospects Shareholders Returns Companies 246

PE Hub

AUGUST 29, 2023

DreamBox Learning's current investors Elliott Investment Management L.P. and TPG's The Rise Fund will retain minority stakes in the company. The post Clearlake-backed Discovery Education to acquire edtech firm DreamBox Learning appeared first on PE Hub.

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The Motley Fool

AUGUST 29, 2023

I recently bought a few more shares of Enbridge (NYSE: ENB). The main draw is the Canadian energy infrastructure giant's massive dividend. Enbridge currently yields 7.6%. Here's why I can't stop buying Enbridge these days. A very sustainable payout Enbridge pays a very low-risk, high-yielding dividend. The pipeline and utility company generates very stable cash flow.

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Private Equity Professional

AUGUST 29, 2023

Southfield Capital has added Robert Root, an executive with more than twenty-five years of international operational and finance experience, to its investment team as a transformation partner. In his new role, Mr. Root will lead the firm’s value creation efforts by executing strategic initiatives to build portfolio company performance and growth.

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The Motley Fool

AUGUST 29, 2023

Disney (NYSE: DIS) hasn't yet stepped into Cinderella's glass slippers and set off for earnings and share price success. But it could be on the way. CEO Bob Iger isn't waving a magic wand -- but he has made moves to cut costs and boost growth. In fact, in the latest earnings report, Iger said the company may beat its cost savings target. This year, Disney shares have declined about 3%.

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Private Equity Professional

AUGUST 29, 2023

O2C Brands, a portfolio company of Middleton Partners, has acquired Green Sprouts, a seller of baby products. Green Sprouts’ products – used by newborns, infants, and toddlers – include swimwear and swim diapers; sun protection hats, shirts, and shorts; blankets and towels; dishes, utensils, bottles and cups; bibs and burp cloths; toys and books; and… This content is for members only.

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The Motley Fool

AUGUST 29, 2023

Nio (NYSE: NIO) was once a favorite among growth stock investors, but the company's recent earnings miss and a deceleration in Q2 deliveries have annihilated its stock to under $11 a share. In 2021, Nio traded at a jaw-dropping $61.95 per share. With the stock down over 80%, is this an opportunity for investors? Please watch the below video for my Nio stock analysis, earnings update, price predictions, and commentary.

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Private Equity Professional

AUGUST 29, 2023

PAI Partners has agreed to acquire Alphia, one of the largest pet food co-manufacturers in North America, from J.H. Whitney Capital Partners. Alphia is a manufacturer of more than one billion pounds of dry pet food and treats annually and also provides research and development, warehousing, transportation, and distribution services. According to sources familiar with… This content is for members only.

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Capital 130

The Motley Fool

AUGUST 29, 2023

Image source: Getty Images When you get married, you have a choice to make. Do you want to keep your financial lives separate, maintaining your own credit cards and banking relationships? Or do you want to jump into having a joint bank account? Both approaches have pros and cons, but recent research suggests that you may be better off with a joint account if you want to maximize your chances for happiness.

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Private Equity Professional

AUGUST 29, 2023

Subway, one of the world’s largest quick service restaurant brands, has agreed to be acquired by Roark Capital at an enterprise value of $9.6 billion. Subway serves made-to-order sandwiches, wraps, salads and bowls to millions of customers across more than 100 countries in nearly 37,000 franchised restaurants every day. Subway has the highest concentration of… This content is for members only.

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The Motley Fool

AUGUST 29, 2023

Fool.com contributor Parkev Tatevosian discusses how he got Amazon (NASDAQ: AMZN) stock wrong in 2023 and why he's now changing his recommendation. *Stock prices used were the afternoon prices of Aug. 27, 2023. The video was published on Aug. 29, 2023. 10 stocks we like better than Amazon.com When our analyst team has a stock tip, it can pay to listen.

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Returns Investors Investing 246

PE Hub

AUGUST 29, 2023

Trinity Hunt expects Visterra to make dozens of acquisitions, banking on the fragmented nature of the commercial landscaping industry. The post Exclusive: Trinity Hunt adds two businesses to Visterra Landscape platform appeared first on PE Hub.

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Banks 130

The Motley Fool

AUGUST 29, 2023

Image source: Getty Images Dollar stores have exploded in popularity in recent years as hard-up shoppers look for ways to shave their grocery bills in the face of skyrocketing prices. We compared two of the biggest names in dollar store shopping, Dollar General and Dollar Tree (which includes Dollar Tree and Family Dollar). Read on to find out which one came out on top.

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