Private Equity Insights

NOVEMBER 16, 2023

Argo Group International Holdings, Ltd. (“Argo”) today announced the completion of Brookfield Reinsurance’s acquisition of Argo in an all-cash transaction valued at approximately $1.1bn. Under the terms of the transaction, Brookfield Reinsurance acquired all issued and outstanding common shares of Argo at a price of $30 per share. Argo’s common shares have ceased trading on the New York Stock Exchange.

Assets 246

Assets New York Stock Exchange Private Equity Firms Private Equity Firms 246

The Motley Fool

NOVEMBER 16, 2023

Shopify (NYSE: SHOP) stock is back. Or maybe it never really faded all that much. But with the logistics business now sold off, it's easier to focus on what Shopify has always done best: software for the e-commerce industry. Of course, not all is perfect, and it's still easy to poke holes in the Shopify investment thesis -- with its current rich valuation among the top concerns.

Enterprise Values 246

Enterprise Values Stakes Portfolios Investing 246

PE Hub

NOVEMBER 16, 2023

Waud Capital will retain a majority stake in HSI. The post Neuberger Berman takes minority stake in environmental and health compliance software provider HSI appeared first on PE Hub.

Stakes 232

Stakes Capital 232

The Motley Fool

NOVEMBER 16, 2023

Retailing is a difficult business characterized by high competition levels and low profit margins. But that's not the case for tech companies that help connect retailers with buyers. Done right, the middleman selling approach can translate into predictable sales growth and impressive cash flow -- all with relatively low financial risk. Etsy (NASDAQ: ETSY) and Shopify (NYSE: SHOP) are both set up to take advantage of these favorable economics.

Financial Services 246

Financial Services Shareholders Portfolios Investors 246

PE Hub

NOVEMBER 16, 2023

Argyle Capital Partners acquired The Mufflerman in 2021 from the Brouwer family. The post Argyle Capital-backed The Mufflerman acquires EuroMechanic appeared first on PE Hub.

Capital 216

Capital 216

The Motley Fool

NOVEMBER 16, 2023

Fool.com contributor Parkev Tatevosian compares PayPal (NASDAQ: PYPL) and SoFi (NASDAQ: SOFI) to determine which stock is better for investors today. *Stock prices used were the afternoon prices of Nov. 14, 2023. The video was published on Nov. 16, 2023. 10 stocks we like better than PayPal When our analyst team has a stock tip, it can pay to listen.

Returns 245

Returns Investors Investing 245

The Motley Fool

NOVEMBER 16, 2023

The good news for Intel (NASDAQ: INTC) investors just keeps getting better. Earlier today, I pointed out how an upgrade to "buy" from Japanese investment bank Mizuho & Co. sent Intel stock up a few percentage points in morning trading. And now, as we round noon and enter the midday market, Intel just keeps going higher. As of 1 p.m. ET, shares of the once-upon-a-time leading semiconductor stock (which has fallen on hard times these last couple of years) are up 5.7% and apparently heading tow

Investment Banking 243

Investment Banking Investment Banks Banks Accounting 243

PE Hub

NOVEMBER 16, 2023

The capital infusion will be used for Cambrian's growth. The post Wastewater treatment firm Cambrian nets $200m from Pennybacker appeared first on PE Hub.

Capital 228

Capital 228

The Motley Fool

NOVEMBER 16, 2023

In the fast-paced world of artificial intelligence (AI) stocks, dependable growth companies are like rare gems. Some recommendations in 2023 have already showcased this, yielding impressive results. Fool.com contributors highlighted many promising AI picks in January, going far beyond the surface of the technology storm that started when OpenAI introduced the ChatGPT service.

Prospects 243

Prospects Returns Business Services Companies 243

PE Hub

NOVEMBER 16, 2023

Lincoln International served as financial advisor to Gemspring, and Kirkland & Ellis served as legal advisor. The post Gemspring snaps up fencing installer Fenceworks appeared first on PE Hub.

Legal 208

Legal 208

The Motley Fool

NOVEMBER 16, 2023

Image source: Getty Images Driving for ride-hailing services is a really popular side hustle. And it can be a lucrative one. In fact, the Rideshare Guy indicates that Uber drivers typically make around $15 to $25 per hour. However, before jumping into driving, it's important to consider a few key financial factors to determine just how much money is actually likely to end up in your checking account if you try out this gig.

Taxes 242

Taxes Accounting 242

PE Hub

NOVEMBER 16, 2023

Headquartered in Florham Park, New Jersey, Prime Pensions is a provider of retirement plan compliance and administration services primarily to small and medium-sized businesses. The post Mill Point-backed Prime Pensions scoops up Pension Benefits Unlimited appeared first on PE Hub.

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205

The Motley Fool

NOVEMBER 16, 2023

Fool.com contributor Parkev Tatevosian highlights the huge developments emerging from QuantumScape (NYSE: QS) and what it could mean for investors. *Stock prices used were the afternoon prices of Nov. 14, 2023. The video was published on Nov. 16, 2023. 10 stocks we like better than QuantumScape When our analyst team has a stock tip, it can pay to listen.

Investors 241

Investors Returns Investing 241

PE Hub

NOVEMBER 16, 2023

Second Nature Designs is a Hamilton, Ontario-based manufacturer and distributor of home décor and gifting products. The post Banyan Capital Partners scoops up Second Nature Designs appeared first on PE Hub.

Capital 202

Capital 202

The Motley Fool

NOVEMBER 16, 2023

Image source: Getty Images Figuring out where to buy your bird is vitally important when you're planning your Thanksgiving meal. After all, your turkey is the centerpiece of the table and you want a great one -- but you also don't want to end up draining your checking account just for a little bit of juicy white and dark meat. The good news is, there are plenty of options out there for where to buy a turkey that won't leave you in credit card debt.

Financing 239

Financing Finance Debt Accounting 239

PE Hub

NOVEMBER 16, 2023

The deal is expected to close in the fourth quarter of this year. The post CallTower grabs investment from BV appeared first on PE Hub.

Investing 230

Investing 230

The Motley Fool

NOVEMBER 16, 2023

Shares of Cisco Systems (NASDAQ: CSCO) are down 11% this week as of 3:30 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence , after the networking solutions giant reduced its full-year outlook despite solid fiscal first-quarter 2024 results (for the period ended Oct. 28). On the former, Cisco's quarterly revenue climbed 8% year over year, to $14.67 billion, translating to a 29% increase in adjusted non-GAAP (generally accepted accounting principles) earnings to $4

Shareholders 234

Shareholders Accounting Investors Returns 234

PE Hub

NOVEMBER 16, 2023

SonicWall is a cybersecurity firm. The post Francisco Partners-backed SonicWall buys managed services provider Solutions Granted appeared first on PE Hub.

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212

The Motley Fool

NOVEMBER 16, 2023

Rivian Automotive (NASDAQ: RIVN) reported some good news with its third-quarter earnings report last week, and its stock has been on a roll ever since. Up until Thursday, that is. The electric vehicle (EV) maker's shares are still up by about 6% over the past week, but that includes a drop of 5.9% as of 11:10 a.m. ET in Thursday's session. That decline came after one widely followed Wall Street investor -- billionaire investor George Soros -- revealed he had sold his entire stake in Rivian.

Securities and Exchange Commission (SEC) 189

Securities and Exchange Commission (SEC) Stakes Funds Investors 189

PE Hub

NOVEMBER 16, 2023

Omega Fitness will be led by Russ Allen and Andy Gundlach. The post Rainier Partners scoops up Anytime Fitness franchisee Omega Fitness appeared first on PE Hub.

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199

Private Equity Insights

NOVEMBER 16, 2023

Blackstone is in the final stages of raising about $400m for its Blackstone Private Credit Fund (BCRED) to secure additional investment advantage, the Financial Times reported on Thursday. The New York-based investment manager is planning to raise funds through collateralized loan obligations (CLOs) secured by the loans held by its flagship $52bn private credit fund, the report added, citing documents viewed by the newspaper.

Private Equity Firms 173

Private Equity Firms Private Equity Firms Funds Collateral 173

PE Hub

NOVEMBER 16, 2023

The Riverside Company acquires Frenchies Modern Nail Care as an add-on in the firm's 50th franchise deal. The post NYSE’s Michael Harris shares insights on IPOs; Thoma Bravo in German take-private deal appeared first on PE Hub.

Companies 185

Companies 185

The Motley Fool

NOVEMBER 16, 2023

The success of IonQ (NYSE: IONQ) stock highlights an area of technological innovation that arguably receives too little coverage: quantum computing. Given the promise of this technology, the young, Maryland-based company has been drawing interest from investors. However, growth potential doesn't always translate into gains for an emerging company such as IonQ.

Bidding 179

Bidding Consultants Consulting Financing 179

PE Hub

NOVEMBER 16, 2023

EQS is 'at the forefront of three megatrends: digitization, regulation and ESG, which have been driving its profitable growth,' said Thoma Bravo's Irina Hemmers. The post Thoma Bravo to take German software developer EQS private for $435m appeared first on PE Hub.

185

185

The Motley Fool

NOVEMBER 16, 2023

Image source: Getty Images Many people do their best to save up for the holidays all year round. But even if you went that route, you may be on a budget for numerous reasons this year -- persistent inflation that's been keeping your bills expensive or a nagging credit card balance you really don't want to add to. The good news is that you don't have to part with a fortune of money to enjoy the holiday season to the fullest.

Debt 147

Debt Financing Finance 147

PE Hub

NOVEMBER 16, 2023

'There is a healthy pipeline of IPOs at the NYSE, among US and international issuers and across industry sectors. Private equity and VC-backed transactions continue to represent a meaningful portion of that backlog.' The post NYSE’s Michael Harris optimistic about IPOs in 2024 appeared first on PE Hub.

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182

The Motley Fool

NOVEMBER 16, 2023

Image source: Getty Images The holiday shopping season is officially in full swing. And many consumers have already run up sizable credit card tabs in an effort to get a head start on tackling their gift lists. As a small business owner, you may be eager to snag some of that holiday business yourself. And the good news is that 84% of consumers say they want to buy from small businesses this holiday season, according to a new study by Constant Contact and research firm Ascend2.

147

147

PE Hub

NOVEMBER 16, 2023

Most recently, Swayne was a managing director at Partners Group, where he led deals in the professional services sector. The post New State Capital Partners taps Swayne as senior principal appeared first on PE Hub.

Capital 178

Capital Professional Services 178

Private Equity Insights

NOVEMBER 16, 2023

BlackRock has achieved the first close of its Evergreen Infrastructure fund, securing nearly $1bn in commitments from European founding partners. Launched in June 2022, Evergreen Infrastructure is an open-ended equity fund focusing on European and North American infrastructure aligned with energy transition and security themes. The fund aims to provide long-term cash yield and resilient inflation-linked, fully-contracted returns through diversified investments in core infrastructure businesses a

Private Equity Firms 147

Private Equity Firms Private Equity Firms Funds Asset Management 147

PE Hub

NOVEMBER 16, 2023

Bailey & Company served as financial advisor to VONA on the deal. The post NMS invests in medical case management services firm VONA Case Management appeared first on PE Hub.

Investing 172

Investing Companies 172

Private Equity Insights

NOVEMBER 16, 2023

Aston Martin F1 team sells stake to private equity firm at $1bn valuation. While exact figures have not been disclosed, Aston Martin has reported on the eve of the inaugural Las Vegas Grand Prix that Arctos Partners has acquired a “minority shareholding in AMR Holdings GP Limited, the team’s holding company”. The deal is expected to close by the end of 2023.

Stakes 147

Stakes Private Equity Firms Private Equity Firms Asset Management 147

PE Hub

NOVEMBER 16, 2023

Tecum partnered with Dickson Suit and Environmental Services Investors for the minority recapitalization of HTG. The post Tecum Capital backs waste company Hainesport Transportation Group appeared first on PE Hub.

Capital 172

Capital Companies Investors 172

The Motley Fool

NOVEMBER 16, 2023

Image source: Getty Images It seems that some people will do anything for attention. They'll embarrass themselves on television, develop a terrible reputation on social media, or even break the law -- all in hopes of achieving fame and fortune. According to an insightful article in Medium , people crave fame because they want power, status, and wealth.

Financing 130

Financing Finance Banks Portfolios 130

PE Hub

NOVEMBER 16, 2023

'There's a lot of private equity money that is pouring into the franchising space,' said Riverside's Grant Marcks. The post The Riverside Company to announce 50th franchising acquisition appeared first on PE Hub.

Companies 172

Companies 172