The Motley Fool
JULY 3, 2023
The U.S. economy has consistently produced the world's most valuable companies, but the industries leading the way tend to change over time. For example, United States Steel became the first $1 billion company on the planet in 1901. But it has only grown to a $5.5 billion valuation in the 122 years since then, with hundreds of other companies leaving it in the dust.
PE Hub
JULY 3, 2023
Shines Energy is a Dartmouth, Nova Scotia-based provider of residential heating, cooling and air quality. The post Gryphon-backed Right Time buys Nova Scotia’s Shines Energy appeared first on PE Hub.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
The Motley Fool
JULY 3, 2023
What happened Canadian cannabis company Canopy Growth (NASDAQ: CGC) was up more than 39% Monday morning as of 11:30 a.m. ET. The stock jumped after the company announced several moves to improve its liquidity and pay down its debt. Canopy's shares are still down more than 76% to start the year. So what Two factors goosed the stock upward on Monday. Part of the move was a reaction to Canopy's shares falling more than 11% on Friday and hitting its 52-week low of $0.384.
PE Hub
JULY 3, 2023
Scott Kelly, who has been with JELD-WEN in Australia for the past 10 years, will continue leading the business as CEO going forward. The post Platinum Equity completes buyout of JELD-WEN Australasian windows and doors business appeared first on PE Hub.
The Motley Fool
JULY 3, 2023
Walt Disney (NYSE: DIS) needed a box office hit to get back on track over the weekend. Indiana Jones and the Dial of Destiny failed to woo summer audiences back to the movie theater. The fifth installment of the iconic franchise starring Harrison Ford as the trouble-digging archaeologist generated just $60 million in domestic ticket sales in its debut weekend.
PE Hub
JULY 3, 2023
Headquartered in Mokena, Illinois, VMS is a provider of end-to-end vehicle management solutions. The post Mill Point-backed VMS buys towing company Integrity Parking Management appeared first on PE Hub.
Private Equity Central brings together the best content for private equity professionals from the widest variety of industry thought leaders.
PE Hub
JULY 3, 2023
Platinum Equity completes Australasia windows and doors business buyout. The post Advent International zigs when others zag; Platinum Equity closes buyouts of Australasia biz appeared first on PE Hub.
The Motley Fool
JULY 3, 2023
Drug companies Merck (NYSE: MRK) and AbbVie (NYSE: ABBV) have been two of the best pharmaceutical investments, easily delivering better total returns than the S&P 500 average over the past three, five, and 10 years. However, as it is often said, past performance is no guarantee of future success. Both companies are coming off record years in terms of revenue and face the prospect of decline in the next few years because of significant patent expirations affecting their lead drugs.
Private Equity Insights
JULY 3, 2023
Private equity firm Palatine is reinvesting in a global pure-play sustainability advisory and services provider after the company agreed a secondary buyout with Carlyle. Anthesis works with cities, companies and other organisations to drive sustainable performance. It develops strategies underpinned by technical expertise and implemented across the world.
The Motley Fool
JULY 3, 2023
Image source: Getty Images You should start investing right now. Don't wait any longer to begin putting your money into the stock market. There are a few big reasons why it is important to open a brokerage account and begin investing ASAP. Here's what they are. Bonus offer: score up to $600 when you open this brokerage account Read more: best online stock brokers for beginners 1.
Private Equity Insights
JULY 3, 2023
The Swedish government pension fund AP7 is joining partners with HarbourVest Partners, a worldwide private markets investment expert, as a founding investor in a new private equity strategy. The $835m anchor investment was founded in January 2023 in an open-ended private equity solution. It was also created for institutional and high net worth (HNW) investors outside the United States.
The Motley Fool
JULY 3, 2023
Image source: Getty Images. It would be easy to make a snap decision regarding whether Costco or Sam's Club employees enjoy better treatment. However, that's not what we set out to do. We wanted to check apples against apples to learn which environment is most employee-centric. To do that, we compared average employee pay, company benefits, the potential to unionize, and finally, what employees have to say.
Private Equity Insights
JULY 3, 2023
Cornwall-based internet provider, Wildanet, has secured an additional £50 million of funding to accelerate and extend the rollout of its Full Fibre gigabit broadband network in Cornwall and Devon. The private equity funding from sustainable infrastructure investment specialist Gresham House follows an initial investment of £50 million in the business back in 2020, which kick-started the rollout.
The Motley Fool
JULY 3, 2023
What a difference a year makes. 2022 marked the steepest stock market downturn since 2008. Fast-forward six months, and the major market indexes are all in the plus column, having each gained more than 20% from their respective bottoms. This suggests the onset of the next bull market, at least according to this one measure. Yet there are still many questions about the state of the economy, the possibility of more interest rate hikes, and the potential for a mild recession.
Private Equity Insights
JULY 3, 2023
Gresham House’s Strategic Equity Capital trust, as well as its UK Multi Cap Income and UK Smaller Companies funds, have increased their allocation to Brooks Macdonald to 5.58%. Gresham House Asset Management has upped its position in Brooks Macdonald on the view that the wealth firm’s weak share price will make it ripe for a takeover. The asset manager now owns 5.6% of Brooks Macdonald’s shares – a stake worth around £18m – after passing the London Stock Exchange’s 3% disclosure threshold
The Motley Fool
JULY 3, 2023
With its position at the frontier of cutting-edge technology, Tesla (NASDAQ: TSLA) naturally aligns with the investment philosophy of Cathie Wood and her firm, Ark Invest. Known for its focus on innovative companies capable of disrupting established business models, Ark Invest holds Tesla as a substantial portion of its portfolio, accounting for over 8% of its total holdings, the most of any company.
Private Equity Insights
JULY 3, 2023
FIS is reportedly considering selling a majority stake in Worldpay to private equity groups. The deal, as reported by the Financial Times, would be worth more than $15bn. It would also mark a reversal of FIS’ previously reported plan to spin off Worldpay, the merchant services company it acquired in 2019. Anthesis works with cities, companies and other organisations to drive sustainable performance.
The Motley Fool
JULY 3, 2023
Fool.com contributor Parkev Tatevosian scoured Warren Buffett's Berkshire Hathaway portfolio to identify this excellent dividend stock to buy. *Stock prices used were the afternoon prices of June 30, 2023. The video was published on July 2, 2023. 10 stocks we like better than Visa When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* They just revealed what they believe are the
Private Equity Insights
JULY 3, 2023
Global alternative investment firm Investcorp is to invest $100 million to acquire a majority stake in SEC Newgate, a global strategic communications and advocacy group, in a deal that values the business at over $250 million. SEC Newgate’s other shareholders will roll over 100% of their equity investment as part of the transaction, which is subject to customary regulatory and other closing conditions.
The Motley Fool
JULY 3, 2023
It's practically impossible to predict short-term fluctuations in the stock market. In fact, after the 33% plunge in the Nasdaq-100 technology index in 2022, few professional Wall Street analysts believed it would then go on to surge a whopping 40% in the first six months of this year. That's why taking a long-term approach is the best way to generate strong returns.
Private Equity Insights
JULY 3, 2023
Capita plc today announces that it has agreed to sell its enforcement businesses to a group of investors led by Capricorn Capital Partners and the Shackleton Group. Operating as Equita, Ross & Roberts, in England and Wales, and Stirling Park in Scotland, the Enforcement businesses provide a wide range of debt-recovery services in both the public and private sectors.
The Motley Fool
JULY 3, 2023
Image source: Getty Images A whopping 54% of Americans use ChatGPT for personal finance recommendations, according to The Ascent research. But is ChatGPT more than a wallet wizard? Can it -- deep breath -- provide valuable, actionable investing advice? Maybe even replace an expensive investment advisor? ChatGPT is one of the fastest-growing products ever, collecting over 100 million users two short months after launch.
Private Equity Insights
JULY 3, 2023
The Board of Directors of the African Development Bank Group has approved an $11 million equity investment in BluePeak Private Capital Fund toward its $155 million target for final close. The investment advances the Bank’s goal of supporting mid-size firms, including in the pharmaceuticals, agribusiness, manufacturing, and logistics sectors, across Africa.
The Motley Fool
JULY 3, 2023
Image source: Getty Images Being denied a mortgage loan can be really frustrating. You may have been excited about the idea of buying a house. But you won't be able to move forward if the bank says you can't borrow to pay for it. Your mortgage lender should tell you why you were not approved for a loan. But there are some common reasons you should be aware of.
Private Equity Insights
JULY 3, 2023
Global alternative investment firm Investcorp is to invest $100 million to acquire a majority stake in SEC Newgate, a global strategic communications and advocacy group, in a deal that values the business at over $250 million. SEC Newgate’s other shareholders will roll over 100% of their equity investment as part of the transaction, which is subject to customary regulatory and other closing conditions.
The Motley Fool
JULY 3, 2023
What happened Delta Air Lines (NYSE: DAL) resumed paying a dividend in June, ending a pandemic-related suspension, and provided an upbeat forecast. Investors took it to heart, sending shares of Delta up 30.9% in June, according to data provided by S&P Global Market Intelligence. So what The airline industry was hit hard by the pandemic, with COVID all but wiping out travel demand.
Private Equity Insights
JULY 3, 2023
Muzinich & Co Inc has closed its first private credit fund dedicated to the Asia Pacific region with $500 million in capital commitments from institutional investors (80%) and family offices (20%), according to a report by Bloomberg. The report cites Munich & Co’s regional chief executive officer Andrew Tan, who also leads the private credit business, as confirming that half of the commitments are from Asia-based investors, with Singapore’s DBS Group Holdings Ltd serving as the fun
The Motley Fool
JULY 3, 2023
What happened Stocks of some of China's most popular companies were squarely in rally mode Monday, as the country's central bank signaled further support for the ongoing economic recovery. With that as a backdrop, several of China's e-commerce stocks outpaced gains by the broader market. Shares of Alibaba Group (NYSE: BABA) rose 1.1%, JD.com (NASDAQ: JD) climbed as much as 3%, and PDD Holdings (NASDAQ: PDD) surged as much as 3.6% as of 12:35 p.m.
FinSMEs
JULY 3, 2023
For many small business owners, securing a mortgage is a critical step in achieving their growth and expansion goals. Whether you’re looking to purchase commercial property, expand your existing premises, or invest in real estate, understanding the process of securing a mortgage is essential. In this article, we will discuss the key factors you need […] The post Securing a Mortgage for Your Small Business: What You Need to Know appeared first on FinSMEs.
The Motley Fool
JULY 3, 2023
Whether you're a professional stock trader or take a more casual approach to investing, chances are you know 2023 has been all about artificial intelligence (AI). The launch of OpenAI's ChatGPT last November stunned the tech world with its ability to produce human-like dialogue and kicked off an AI race among some of the world's biggest companies. It seems nearly every earnings call held by a tech company these days is centered around AI and how they're going to cash in on the current boom.
FinSMEs
JULY 3, 2023
Redpanda Data, a San Francisco, CA-based streaming data platform for developers, raised $100M in Series C funding. The round, which brought the total amount to $165M, was led by returning investors Lightspeed Venture Partners, along with GV and Haystack VC. The company intends to use the funds to expand operations and its business reach to power data-intensive applications with […] The post Redpanda Data Raises $100M in Series C Funding appeared first on FinSMEs.
The Motley Fool
JULY 3, 2023
What happened There's good reason why Rivian Automotive (NASDAQ: RIVN) shares are soaring to start the holiday-shortened trading week. As of 11 a.m. ET, Rivian stock was higher by 12.6% after starting the day up by as much as 16.4%. So what Rivian shares are down by more than 80% since the start of 2022. That's because the company disappointed investors when it cut its production goal in half early last year.
FinSMEs
JULY 3, 2023
Boxhub, a New York-based online marketplace for shipping containers in the United States, raised $12.4M in Series A funding. The round was led by AlleyCorp, with participation from Solasta Ventures, Interplay VC, FJ Labs, and Hum Capital. Boxhub added AlleyCorp Partner Susannah Shipton to its Board of Directors. The company intends to use the funds […] The post Boxhub Raises $12.4M in Series A Funding appeared first on FinSMEs.
The Motley Fool
JULY 3, 2023
Image source: Getty Images If you're trying to buy a home in this market, you have my sympathies (and not just because I hope to be buying soon as well). In the heady days of 2021, buyers enjoyed mortgage rates in the 3% range, and sellers watched their homes get snapped up in just days while buyers fought to make a higher offer than their competitors.
Expert insights. Personalized for you.
290 
Let's personalize your content