PE Hub
OCTOBER 31, 2023
With a new year just around the corner and the economy bracing for the Presidential election, those looking to IPO by Q4 2024 must prepare now. The post Failure to plan for an IPO is planning to fail appeared first on PE Hub.
The Motley Fool
OCTOBER 31, 2023
Image source: Getty Images When buying homeowners insurance , property owners must decide on their policy limits. In most cases, it makes sense to buy a policy that provides coverage for the full replacement value of the house. That's what it would cost to rebuild. Sometimes, homeowners don't do that, though. They may choose a policy with a lower limit.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PE Hub
OCTOBER 31, 2023
In conjunction with the deal, Deb Dulsky has been named as CEO of SafeBasements. The post Percheron Capital snaps up foundation repair firm SafeBasements appeared first on PE Hub.
The Motley Fool
OCTOBER 31, 2023
Image source: Getty Images Credit cards can be a great way to buy things. Unlike when you pay out of your checking account , you can get all kinds of perks for using a credit card -- such as extended warranties and rewards that give you points, miles, or cash back. What you don't want to do, though, is carry a balance on your credit card. You'll want to pay the card off in full when your statement is due so you don't get stuck paying credit card interest.
PE Hub
OCTOBER 31, 2023
Shelton, Connecticut-based Systems Control is a maker of substation control and relay panels, as well as turnkey substation control building solutions. The post Hubbell to acquire manufacturer Comvest-backed Systems Control for $1.1bn appeared first on PE Hub.
The Motley Fool
OCTOBER 31, 2023
Amazon (NASDAQ: AMZN) is a top player in the two high-growth markets of e-commerce and cloud computing, and they've helped the company generate billions of dollars in annual earnings. They've also attracted investors, pushing Amazon's market value beyond $1 trillion. Considering the company's dominance in the e-commerce and cloud areas, you can expect them to be central to the next chapters of the Amazon story.
Private Equity Central brings together the best content for private equity professionals from the widest variety of industry thought leaders.
The Motley Fool
OCTOBER 31, 2023
Shares of real estate digital brokerage platforms Redfin (NASDAQ: RDFN) , Opendoor (NASDAQ: OPEN) , and Zillow Group (NASDAQ: Z) were all down heavily today, plunging 5.7%, 9%, and 7%, respectively, on the day. The fall across the digital brokerages was likely due to the same factor. Today, a federal jury found the National Association of Realtors (NAR) and other large Midwestern residential brokerages liable for conspiring to keep commissions high, awarding the plaintiffs $1.785 billion in dama
PE Hub
OCTOBER 31, 2023
Pirtek was founded in 1998 and then re-acquired by the Duncan family in 2014. The post Princeton Equity Group invests in hydraulic hose repair franchisor Pirtek appeared first on PE Hub.
The Motley Fool
OCTOBER 31, 2023
Image source: The Motley Fool. Pfizer (NYSE: PFE) Q3 2023 Earnings Call Oct 31, 2023 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone, and welcome to Pfizer's third quarter 2023 earnings conference call. Today's call is being recorded. At this time, I would like to turn the call over to Francesca DeMartino, chief investor relations officer and senior vice president.
PE Hub
OCTOBER 31, 2023
Wellcove is an administrator of senior market and eldercare programs. The post Teleo Capital-backed Wellcover buys healthcare software firm AssuriCare appeared first on PE Hub.
Private Equity Insights
OCTOBER 31, 2023
Global investment firm KKR has successfully completed the previously announced acquisition of Simon & Schuster from Paramount Global in a $1.62bn (£1.33bn) all-cash transaction. Simon & Schuster is now a standalone private company, and the only independent major trade publisher in the US. It continues to be led by president and c.e.o. Jonathan Karp and his executive team.
PE Hub
OCTOBER 31, 2023
The seller is Monomoy Capital Partners. The post Madison Dearborn scoops up fluid systems provider Shaw Development appeared first on PE Hub.
The Motley Fool
OCTOBER 31, 2023
October is winding down. I'm expecting the doorbell to work overtime tonight as the trick-or-treaters plead for candy. But first, let's look at a couple of great investment ideas. The stock market is trending down again amid mixed signals from recent economy reports, with the tech-heavy Nasdaq Composite (NASDAQINDEX: ^IXIC) dropping nearly 10% from the 52-week highs of mid-July.
PE Hub
OCTOBER 31, 2023
The deal is valued at about $1.9 billion. The post American Securities to sell medical components maker Paragon Medical to AMETEK appeared first on PE Hub.
The Motley Fool
OCTOBER 31, 2023
Image source: Getty Images I recently learned the term "Costco Superfan." Apparently, there are people so enamored with Costco that they travel the country, visiting Costco stores. And then there are those who drop into their local Costco warehouse as often as possible. It's impossible to know if it's because they believe shopping at Costco helps preserve their checking account balance or if they simply enjoy the experience.
PE Hub
OCTOBER 31, 2023
Most recently, he was global chief investment officer at Aflac Inc. The post Kirsch joins Star Mountain Capital as senior advisor appeared first on PE Hub.
The Motley Fool
OCTOBER 31, 2023
Shares of Otter Tail (NASDAQ: OTTR) jumped by as much as 14.8% in trading on Tuesday after the electric utility and manufacturing company reported its third-quarter financial results. Shares were still up 9.8% as of 3:00 p.m. ET. Otter Tail's big quarter Revenue was down 7% in the quarter to $358 million as plastics segment revenue dropped 10.7%. But net income jumped 9% to $92 million, or $2.19 per share, and even plastics net income was up 5.7%.
PE Hub
OCTOBER 31, 2023
Unity Managing Underwriters provides creditor, life, disability and extended warranty products for personal and commercial vehicles. The post MDP-backed Navacord adds Unity Managing Underwriters appeared first on PE Hub.
The Motley Fool
OCTOBER 31, 2023
Image source: Getty Images Performance reviews have long been a mainstay in the world of businesses large and small. And while some human resource professionals might argue that they're nothing more than a waste of time, it's also easy to see why these exercises offer value. For one thing, a performance review can help employees build on their strengths and work on their weaknesses.
PE Hub
OCTOBER 31, 2023
Alex Williamson serves as CEO of ProFusion. The post Boyne Capital invests in film manufacturer ProFusion appeared first on PE Hub.
The Motley Fool
OCTOBER 31, 2023
Image source: Getty Images Many people don't start investing -- for retirement or otherwise -- until their 30s or beyond. And that's understandable. When you're in your 20s, you may be living on an entry-level salary that isn't much to write home about. You might also be grappling with a world of expenses, like lingering credit card debt from college.
PE Hub
OCTOBER 31, 2023
Based in Ottawa, FigBytes is software-as-a-service provider for ESG and sustainability management. The post Insight Partners-backed AMCS acquires VC-backed FigBytes appeared first on PE Hub.
The Motley Fool
OCTOBER 31, 2023
Shares of Ardelyx (NASDAQ: ARDX) were up 9.5% as of 3:47 p.m. after the biotech company announced better-than-expected third-quarter 2023 results. Ardelyx's quarterly revenue skyrocketed to $56.4 million from just under $5 million in the same year-ago period. That translated to generally accepted accounting principles (GAAP) net income of $6.6 million, or $0.03 per share, swinging from a loss of $0.14 per share in last year's Q3.
PE Hub
OCTOBER 31, 2023
Blue Owl is buying Cowen Healthcare Investments. The post Blue Owl to buy Cowen Healthcare; Comvest and Monomoy make exits appeared first on PE Hub.
The Motley Fool
OCTOBER 31, 2023
Shares of i nvestment REIT Two Harbors Investment (NYSE: TWO) jumped as much as 18.6% in trading on Tuesday after reporting financial results. Shares closed the day up 15.5%. Two Harbors' impressive quarter Comprehensive income fell from $31.5 million a quarter ago to $56.8 million, but on a generally accepted accounting principles ( GAAP ) net income basis, the company generated a profit of $294.1 million.
PE Hub
OCTOBER 31, 2023
The seller is The Riverside Company. The post Blackstone and Vista Equity to buy software firm Energy Exemplar appeared first on PE Hub.
The Motley Fool
OCTOBER 31, 2023
In this podcast, Motley Fool analyst Tim Beyers and host Deidre Woollard discuss: Tesla 's compressing margins. Robots with brains and Tesla's take on the AI universe. How Netflix is becoming a global television network. Deidre interviews real estate industry insider Greg Robertson on the impact of lawsuits against the National Association of Realtors.
PE Hub
OCTOBER 31, 2023
The seller was Paramount Global. The post KKR completes acquisition of book publishing giant Simon & Schuster for $1.62bn appeared first on PE Hub.
The Motley Fool
OCTOBER 31, 2023
The stock of Chewy (NYSE: CHWY) finished October in style, with its price rising a sturdy 4% on Tuesday. An analyst upgraded her recommendation on the purveyor of pet products, and that tasty treat sparked a rally in the stock. That 4% rise easily topped the 0.7% advance of the S&P 500 index on the day. Chewy gets a recommendation upgrade from Morgan Stanley The person behind the Chewy upgrade was Morgan Stanley 's Lauren Schenk.
Private Equity Insights
OCTOBER 31, 2023
Blackstone and Vista Equity Partners have agreed to acquire Australia’s Energy Exemplar, a provider of energy market software, for more than $1bn, according to people familiar with the matter. The deal represents a bet on energy transition, as power utilities, grid operators and renewable energy developers turn to simulation software to fine-tune use of production capacity and maximize efficiencies.
The Motley Fool
OCTOBER 31, 2023
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. What if instead of being deviously calculating, robots just turned out to be blazingly insensitive? You know, not end the world – just make it intolerable. UK newspaper The Guardian submitted a complaint to Microsoft on Tuesday after the Microsoft Start aggregated news service featured a grotesquely inappropriate AI-genera
Private Equity Insights
OCTOBER 31, 2023
KKR & Co. is raising a second Asia real estate fund, targeting $2bn to $2.5bn to spend across the region, according to people familiar with the matter. The new fund has amassed about $600m since late 2022, and the US investment firm is seeking to finish fundraising by the end of 2024 to early 2025, said the people, who asked not to be identified as the matter is private.
The Motley Fool
OCTOBER 31, 2023
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. Wind farms are great but their price tags blow. On Tuesday, the Biden administration approved the construction of a massive wind farm off the coast of Virginia, capable of powering nearly a million homes with none of the emissions associated with fossil fuels -- if it's actually completed.
Private Equity Insights
OCTOBER 31, 2023
Trivest Partners (“Trivest” or the “Firm”) announced the closing of Trivest Recognition Fund (“Recognition” or the “Fund”) at its hard cap with over $1.3bn of total capital commitments (including Trivest and its affiliates’ commitments) that will seek to generally invest in platform companies with EBITDA above $15m. Despite a crowded private equity fundraising market, Trivest received significant support from both its established investor base and a number of new investors.
Expert insights. Personalized for you.
252 
Let's personalize your content