Wed.Sep 06, 2023

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Grant Avenue recaps life sciences and healthcare consultancy CREO

PE Hub

Clearsight Advisors served as financial advisor to CREO while Crosstree Capital Partners served as financial advisor to Grant Avenue. The post Grant Avenue recaps life sciences and healthcare consultancy CREO appeared first on PE Hub.

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Intel's Nascent Graphics Business Gets a Black Eye

The Motley Fool

Chip giant Intel (NASDAQ: INTC) ended the NVIDIA - AMD duopoly in the discrete graphics card market last year with the introduction of its Arc graphics cards. The company set its focus on the mainstream portion of the market, betting that offering gamers an alternative at lower price points would be a winning formula. By the first quarter of this year, Intel had scored a 4% unit market share, according to Jon Peddie Research.

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Thomson Reuters and Blackstone cashing out on LSEG for $2.9bn

Private Equity Insights

Investors in the London Stock Exchange Group, including Blackstone and Thomson Reuters , are launching a sale of roughly 28.3m shares worth about 2.3bn pounds ($2.9 billion), bookrunners said on Wednesday. The consortium, which includes Canada’s CPPIB and Singapore’s GIC, intends to sell a total of about 43.1m shares over time in the bourse operator.

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Here's How I Bid on a Business Class Upgrade for Cheap

The Motley Fool

Image source: Getty Images While I wish I could afford to fly business class every time I took a trip, that's not my reality. For the majority of the trips I take that require me to fly, I book an economy-class ticket. That's because I don't make a CEO-level salary, and I'm working to meet my personal finance goals. But I have flown in business class a few times.

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TJC acquires Ardian’s investment in packaging firm Soteria Flexibles

PE Hub

Soteria Flexibles was formed in 2019 following Ardian's acquisition of Colonial Bag. The post TJC acquires Ardian’s investment in packaging firm Soteria Flexibles appeared first on PE Hub.

Investing 226
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Are You Beating the Average Social Security Retired Worker Benefit for Your Age Group?

The Motley Fool

According to the latest Social Security Administration statistical snapshot, the average retired worker collects a monthly benefit of $1,839, which works out to just over $22,000 per year. If you're curious, the maximum possible Social Security benefit in 2023 is $3,627 at full retirement age, or $4,555 per month for those who wait until age 70 to start collecting.

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Cathie Wood Says This Stock Is the Biggest AI Play, and It Could Soar 716% to a $6 Trillion Valuation by 2027

The Motley Fool

When investors think about artificial intelligence (AI) stocks, semiconductor giant Nvidia is probably top of mind. AI data center chips are now responsible for the majority of the company's growth, and they have driven a whopping 238% surge in its stock price in 2023. But when Cathie Wood thinks about the biggest opportunities in AI, a different stock tops her list.

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Placement agent Eaton Partners taps Siew as managing director

PE Hub

In this role, Siew will be responsible for co-heading the GP Solutions specialty alongside Dirk Jonske, who joined the firm last month, also as a managing director. The post Placement agent Eaton Partners taps Siew as managing director appeared first on PE Hub.

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Why Lemonade Stock Soured in August

The Motley Fool

What happened Shares of insurance company Lemonade (NYSE: LMND) fell 40.8% in August, according to data from S&P Global Market Intelligence. The company relies on machine learning and other types of artificial intelligence (AI) to manage its insurance operations, from sign-up and plan premiums to risk assessment and claim payouts. Last month's second-quarter earnings report delivered a mixed bag of strong and disappointing results as Lemonade's AI systems misjudged some expensive risks, and inve

Investors 246
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Govtech firm Accela scores investment from Francisco Partners

PE Hub

Accela's existing backer Berkshire Partners will remain a significant investor with an equal equity stake in the company. The post Govtech firm Accela scores investment from Francisco Partners appeared first on PE Hub.

Investing 211
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Why Enbridge Stock Is Falling Today

The Motley Fool

What happened Enbridge (NYSE: ENB) is making a big bet on natural gas, and investors are worried that the Canadian energy distribution and production company's planned acquisition could cause it some near-term indigestion. Shares of Enbridge fell by as much as 6.7% on Wednesday morning following the company's big news. As of 11:36 a.m. ET, they were still trading 5.6% lower.

Debt 246
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NEP-backed Coretelligent acquires IT support firm Advanced Network Products

PE Hub

Massachusetts-based Coretelligent is a provider of IT support, cybersecurity, digital transformation, compliance and cloud integration. The post NEP-backed Coretelligent acquires IT support firm Advanced Network Products appeared first on PE Hub.

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3 Signs You're Ready to Retire in 2024

The Motley Fool

Retirement is an exciting milestone in life, but if you retire before you're financially ready, it could spell trouble down the road. It can be tough to know when you're ready to retire, as everyone will have slightly different situations and goals. But if you're thinking about retiring in 2024, there are three signs it may be the right time. 1. You've met your savings goal There's no hard-and-fast rule as to how much you should save for retirement.

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Staple Street to snap up Delaware Valley Floral Group

PE Hub

The sellers are the Wilkins family, who will continue to hold a significant stake in DVFG post-close. The post Staple Street to snap up Delaware Valley Floral Group appeared first on PE Hub.

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Dick's Sporting Goods, Hibbett, and Academy Sports: Which Is the Best Stock for Investors Right Now?

The Motley Fool

If you bought shares of athletic retailer Dick's Sporting Goods (NYSE: DKS) five years ago, give yourself a big pat on the back. Shares of Dick's are up over 200% during this time, compared to a just 56% return for the S&P 500. Returns for Dick's stock also trounced otherwise good returns of 130% from rival Hibbett (NASDAQ: HIBB). There's a newcomer to this space that I believe can offer better returns over the next five years than either Dick's or Hibbett.

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THL’s Shahab Vagefi sees pickup in deal activity in H2

PE Hub

“We saw a bifurcated market develop over the past 12 months – that creates challenges to deploy capital as things remain competitive,” Vagefi said. The post THL’s Shahab Vagefi sees pickup in deal activity in H2 appeared first on PE Hub.

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A Bull Market Is Coming: 2 Brilliant Growth Stocks That Are Screaming Buys and Could Soon Skyrocket 90% and 127%, According to Wall Street

The Motley Fool

After a painful stretch of trading last year, the stock market has enjoyed a strong rebound in 2023 -- and it could be in the early stages of a new bull market. For growth-focused investors, now could be a good time to steadily build positions in companies with massive long-term expansion potential. If you're on the hunt for growth stocks capable of delivering next-level returns, here's a look at two category-leading technology specialists that have what it takes to be huge winners. 1.

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Littlejohn-backed Pritchard Industries appoints Meehan as CEO

PE Hub

New York-based Pritchard Industries is a provider of essential, recurring facility services. The post Littlejohn-backed Pritchard Industries appoints Meehan as CEO appeared first on PE Hub.

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Should You Continue to Work Even With Retirement Income?

The Motley Fool

Image source: Getty Images While "retirement" in the traditional sense might mean stepping away from your job and not working for money ever again, data shows that a not-insignificant percentage of retirees actually do work. According to data collected by the Federal Reserve, in 2022, 13% of retirees were still working for money, and 4% of all American adults considered themselves to be retired but were currently employed.

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Ridgemont invests in tech company SmartShift

PE Hub

SmartShift's current leadership team, including CEO Derek Oats, President & COO Vyom Gupta and CFO Kendall Walker, will remain in their current roles. The post Ridgemont invests in tech company SmartShift appeared first on PE Hub.

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Got $100 Per Week? How the Stock Market Could Turn It Into $790,000

The Motley Fool

The stock market can be daunting at times, especially during periods of volatility. But investing remains one of the simplest and most effective ways to build wealth over time, and it's possible to earn hundreds of thousands of dollars or more. However, you'll need the right strategy to pull off that achievement. Fortunately, with just one low-maintenance investment, it's possible to turn $100 per week into $790,000 while barely lifting a finger.

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Concord Health Partners backs behavioral health platform NeuroFlow

PE Hub

Chris Molaro serves as CEO of NeuroFlow. The post Concord Health Partners backs behavioral health platform NeuroFlow appeared first on PE Hub.

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Nvidia Is Eating Intel and AMD's Lunch -- the GPU vs. CPU Artificial Intelligence (AI) War Explained

The Motley Fool

In today's video, I discuss Nvidia (NASDAQ: NVDA) , Intel (NASDAQ: INTC) , Advanced Micro Devices (NASDAQ: AMD) , and how the current artificial intelligence (AI) craze is making a clear leader. Is it going to be short-lived victory? Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of Sept. 6, 2023.

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Thoma Bravo to take NextGen Healthcare private

PE Hub

According to terms of the agreement, NextGen Healthcare shareholders will receive $23.95 per share in cash. The post Thoma Bravo to take NextGen Healthcare private appeared first on PE Hub.

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3 Top Growth Stocks to Buy in September

The Motley Fool

Despite an unfavorable macroeconomic situation and cannabis' legal ambiguity in the U.S. market, cannabis stocks demonstrated remarkable resilience in August. Several positive developments, such as the steady progress of the SAFE Banking Act -- which could open up financial services to cannabis companies -- in the U.S. Senate and the possible reclassification of marijuana by the federal government, improved investor sentiment and propelled some of the most prominent players in the space higher l

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Bridgepoint makes energy transition push with ECP deal; Josh Harris’ 26North expands partner group

PE Hub

26North adds seven new partners to team. The post Bridgepoint makes energy transition push with ECP deal; Josh Harris’ 26North expands partner group appeared first on PE Hub.

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Is Salesforce a Top AI Stock to Buy Right Now?

The Motley Fool

When you think of artificial intelligence (AI) companies, Salesforce (NYSE: CRM) likely doesn't come to the top of the list. However, it revealed several details about how it plans to integrate AI into its customer relationship management (CRM) software during its Q2 report. So is Salesforce a top AI stock to buy right now? Or is it just capitalizing off of the buzz AI is generating?

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American Securities-backed Conair snaps up Cuisinart outdoor products maker The Fulham Group

PE Hub

Based in Stamford, Connecticut, Conair is a provider of branded personal care and small kitchen appliances, cookware, hairbrushes and accessories, cosmetic bags, and travel accessories. The post American Securities-backed Conair snaps up Cuisinart outdoor products maker The Fulham Group appeared first on PE Hub.

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3 Things to Know About Shopping at Dollar Tree Online

The Motley Fool

Image source: Getty Images The Dollar Tree has a world of bargains available to those who want to keep their credit card bills down. I love shopping there and visit regularly to see what deals I can score. If you prefer to shop online rather than in person, the Dollar Tree also makes that an option. However, while having access to an online dollar store is great for your savings account due to the bargains you can find, there are some things to know about purchasing from the Dollar Tree website

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Solar energy firm Enfinity Global inks 400m euros from ICG Infra

PE Hub

The capital infusion will be used to support Enfinity's growth and the execution of its business strategy. The post Solar energy firm Enfinity Global inks 400m euros from ICG Infra appeared first on PE Hub.

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Better Buy: Opendoor Technologies vs. Amazon

The Motley Fool

When Opendoor (NASDAQ: OPEN) went public on Dec. 21, 2020, many investors hailed it as the " Amazon (NASDAQ: AMZN) of real estate" because its online marketplace streamlined the home buying process by making instant cash offers for homes, repairing the properties, and relisting them for sale. About 90% of the deals on its platform were completed without real estate agents -- its buyers simply place bids on its marketplace instead of directly haggling with the sellers.

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Hussein joins Hg as partner

PE Hub

In this role, Hussein will help lead the Hg Mercury Fund strategy across North America. The post Hussein joins Hg as partner appeared first on PE Hub.

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Why Toyota Motor Stock Popped Today

The Motley Fool

What happened Shares of Japanese automotive heavyweight Toyota Motor (NYSE: TM) jumped 2% through 10:20 a.m. ET on Wednesday after the company unveiled its newest automotive offering, a new "high-end passenger vehicle used primarily for chauffeur services" that retails for $170,000. As The Wall Street Journal reported this morning, the new Toyota Century is the latest version of a vehicle "traditionally used by Japanese royals and CEOs" -- now available for sale internationally.

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Charlesbank-backed Neptune Retail Solutions completes buyout of media tech firm Quotient Technology

PE Hub

Neptune Retail Solutions is a retail marketing firm. The post Charlesbank-backed Neptune Retail Solutions completes buyout of media tech firm Quotient Technology appeared first on PE Hub.

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