PE Hub
SEPTEMBER 29, 2023
CEM is a controlled environment testing, validation, certification, and calibration service provider. The post LLCP-backed TSS bags Controlled Environment Management appeared first on PE Hub.
Entrepreneur - VC
SEPTEMBER 29, 2023
Adopting the right mindset is key to financial literacy. Follow these five guiding principles to enhance your understanding of wealth creation and growth.
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PE Hub
SEPTEMBER 29, 2023
Worldwide Home Care division, based in Irvine, California, provides in-home care services. The post Halifax agrees to buy Sodexo’s Worldwide Home Care division appeared first on PE Hub.
Entrepreneur - VC
SEPTEMBER 29, 2023
Two New Yorkers created a fake restaurant on Google Maps during the pandemic called Mehran's Steak House and accidentally garnered a 2,000-person waitlist -- so they decided to open a pop-up for real.
PE Hub
SEPTEMBER 29, 2023
Platinum Equity's deal with The Cook & Boardman Group; Halifax Group's deal for the Worldwide Home Care division of Sodexo; Technical Safety Services' deal for Controlled Environment Management; and a look at seven PE backed deals focusing on fixing roads. The post Platinum Equity to acquire door distributor; Halifax Group bets on home care; 7 deals target road maintenance appeared first on PE Hub.
Entrepreneur - VC
SEPTEMBER 29, 2023
New York City is under a state of emergency after mass rainfall and flash floods disrupted transportation and infrastructure on Friday. Read more about Brooklyn flooding, here.
Private Equity Central brings together the best content for private equity professionals from the widest variety of industry thought leaders.
Entrepreneur - VC
SEPTEMBER 29, 2023
Elon Musk's visit to the U.S.-Mexico border hit a snag when his attempted livestream of the visit on X froze, leaving him to ask employees for help.
PE Hub
SEPTEMBER 29, 2023
Based in Toronto, Cardata is a provider of vehicle reimbursement software. The post Wavecrest Growth Partners leads C$100m financing of Cardata appeared first on PE Hub.
FinSMEs
SEPTEMBER 29, 2023
Faire, a San Francisco, CA-based B2B retail marketplace, received an investment form Shopify (NYSE:SHOP). The amount of the deal was not disclosed. This partnership brings together two category leaders in retail and commerce to expand Shopify’s B2B offerings and help drive growth for the brands and independent retailers the two companies serve. Led by Max Rhodes, […] The post Faire Receives Investment from Shopify appeared first on FinSMEs.
PE Hub
SEPTEMBER 29, 2023
C&B is a distributor of commercial door and security integration services. The post Platinum Equity to buy majority stake in C&B from Littlejohn appeared first on PE Hub.
Entrepreneur - VC
SEPTEMBER 29, 2023
In 2017, a couple purchased the Bloomhouse in Austin, Texas, and renovated the property. Now, it books on Airbnb about a month out and starts at $400 a night.
A Wealth of Common Sense
SEPTEMBER 29, 2023
There are three things people in the finance world hate to admit: I don’t know. I was wrong. I didn’t expect that to happen. A master-of-the-universe mentality is pervasive in finance because it’s a group of highly educated, competitive people. They see it as a sign of weakness if you admit you don’t know what’s going to happen next.
Entrepreneur - VC
SEPTEMBER 29, 2023
Artificial intelligence has a transformative impact on the customer experience. Here's how organizations can harness AI to enhance customer interactions and drive growth in their industry.
Private Equity Wire
SEPTEMBER 29, 2023
Align Capital Partners (ACP) has launched a new independent sponsor-focused private equity strategy, Align Collaborate (Collaborate), which has been established in partnership with experienced independent sponsor investors, Grant and Michael Kornman. According to a press statement, Align Collaborate’s goal is to be a “collaborative equity partner that offers strong strategic and financial alignment to each prospective independent sponsor relationship” With private capital fundraising
Entrepreneur - VC
SEPTEMBER 29, 2023
Netflix co-founder and founding CEO Marc Randolph tells the story of the first Netflix DVD that got sent in the mail — and one he wished never went out the door.
Private Equity Wire
SEPTEMBER 29, 2023
Fuchs Asset Management, a Luxembourg-based fund management company and AIFM, has rebranded as Funds Avenue and formed a new strategic partnership with Trustmoore, a global corporate services company and provider of legal and financial admin and private client solutions. The partnership enables both companies to offer a broader and more comprehensive range of fund services including risk & portfolio management, investor onboarding, fund accounting and financial reporting services.
Blackstone
SEPTEMBER 29, 2023
Recent research estimates that generative artificial intelligence could add as much as $4.4 trillion in annual value to the global economy. 1 At Blackstone, we see AI as the megatrend of megatrends – a technology that will transform the ways we live and work. We asked Blackstone leaders to share how they’re using AI to unlock value for our clients, our companies and our people.
Private Equity Wire
SEPTEMBER 29, 2023
European venture capital firms have invested over €96bn in almost 27,000 European companies and delivered 23% net annual returns over the last ten years, according to a new Invest Europe report. The Venture Capital: Fuelling European Innovation Report also highlights the step change in European VC fundraising over the five years to 2022, including an eight-fold increase in capital raised by Nordic VCs and a three-fold increase for DACH managers, as capital committed to funds reached a record €23
FinSMEs
SEPTEMBER 29, 2023
Traydstream, a London, UK-based fintech company working for the trade finance industry, raised $21M in Series B funding. The round was led by Pivot Investment Partners and e& capital. The company intends to use the funds to accelerate its efforts at enhancing its AI-powered platform. Led by Sameer Sehgal, CEO, Traydstream provides automated trade document […] The post Traydstream Closes $21M Series B Financing appeared first on FinSMEs.
Private Equity Wire
SEPTEMBER 29, 2023
Värde Partners (Värde), a global alternative investment firm, has raised nearly $1.5bn for asset-based lending opportunities through The Värde Asset Lending Fund II and related accounts and co-investments. Värde currently manages $13bn in assets with teams in North America, Europe, and Asia Pacific focused on Corporate & Traded Credit, Real Estate, and Financial Services & Diversified Private Credit.
Entrepreneur - VC
SEPTEMBER 29, 2023
How to effectively handle criticism and use it as fuel for success
Private Equity Wire
SEPTEMBER 29, 2023
Stonepeak, an alt investment firm focused on infrastructure and real assets, will pay €730m to acquire a 49% stake in Cellnex Nordics, the Swedish and Danish subsidiary of independent European telecoms infrastructure specialist Cellnex Telecom (Cellnex). The deal price is equivalent to a multiple of 24x 2024 EBITDA. Cellnex will continue to manage the day-to-day operations of Cellnex Nordics, which provides mobile network operators with colocation services for their wireless networking equipment
Pension Pulse
SEPTEMBER 29, 2023
Richard Dufour of La Presse reports François Trahan sees the stock market fall by 35% (translated from French): The stock market will end 2023 in the red, according to forecaster François Trahan. There is no chance of avoiding a recession, according to him. He even believes that the S&P 500 index risks falling by 35% within 18 months. “At its trough, the S&P 500 index will drop to around 2,800 points,” says François Trahan during an interview with La Presse.
Private Equity Wire
SEPTEMBER 29, 2023
Lincoln Road Global Management (Lincoln Road), a private equity investment manager focused on lower middle-market companies, has appointed Inqu Neuenschwander as the firm’s new Director of Investor Relations. As well as leading the investor relations function, Neuenschwander, who has more than ten year’s of PE industry experience, will also assist with new business development.
FinSMEs
SEPTEMBER 29, 2023
Lumu, a Doral, FL-based provider of a platform that helps enterprises identify and isolate security compromises, raised $30m in Series B funding. The round, led by Forgepoint Capital, included a $24m equity portion and $6m in debt. The company intends to use the funds to expand the reach of its solution, particularly in the United […] The post Lumu Raises $30M in Series B Funding appeared first on FinSMEs.
The Reformed Broker
SEPTEMBER 29, 2023
Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Perth Tolle, Gunjan Banerji, and Downtown Josh Brown discuss Amazon’s antitrust issues, a coming secular rotation in equities, investing in emerging markets and China, meme stocks are back, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!
FinSMEs
SEPTEMBER 29, 2023
Timeline, a London, UK-based provider of planning technology and portfolio management solutions, raised £10m in Series B funding. The round was led by Blackfin Capital Partners, with participation from existing investors including MTech Capital, Darren Carter, board member of Peel Hunt, and Adam Seale, former CEO of Interactive Investor. The company intends to use the funds […] The post Timeline Raises £10M in Series B Funding appeared first on FinSMEs.
Financial Times M&A
SEPTEMBER 29, 2023
A lawyer for the LVMH owner denied the allegations, calling them absurd and groundless
FinSMEs
SEPTEMBER 29, 2023
corpus GmbH, the Mittweida, Germany-based provider of Tokenize.it, a platform for token-based corporate financing and employee participation, raised €2m in seed funding. Backers included High-Tech Gründerfonds (HTGF), w3fund and seed + speed as well as several business angels. The company intends to use the funds to accelerate the further development of the platform and to […] The post Tokenize.it Raises €2M in Seed Funding appeared first on FinSMEs.
Financial Times: Moral Money
SEPTEMBER 29, 2023
Also in today’s newsletter, ExxonMobil pension fund fined over climate disclosures
FinSMEs
SEPTEMBER 29, 2023
viboo, a Zürich, Switzerland-based software company providing a predictive control as a service platform, raised CHF 1.5M in Seed funding. The round saw participation from High-Tech Gründerfonds, Swisscom Ventures and Rainmaking Impact. The company intends to use the funds to scale up the commercialization of its proven platform, capitalizing on the upcoming heating season to […] The post viboo Closes CHF 1.5M Seed Funding Round appeared first on FinSMEs.
Financial Times M&A
SEPTEMBER 29, 2023
Billionaire to place shares bought from Czech tycoon Daniel Křetínský in foundation by year end
FinSMEs
SEPTEMBER 29, 2023
Nord Security, an Amsterdam, The Netherlands-based company which specializes in internet privacy and security solutions, raised $100M in funding, at a $3 Billion valuation. The round saw participation from Warburg Pincus, Novator Ventures and Burda Principal Investments. Chandler Reedy, Warburg Pincus’ Managing Director, Head of Strategic Investments, and Co-Head of Business Services, joined Nord Security’s […] The post Nord Security Raises $100M Financing Round appeared first on Fin
FMG
SEPTEMBER 29, 2023
When trying to stand out from the competition as an advisor, there are different approaches you can take to set yourself apart. In our digital marketing survey from 2019, we found that roughly 50% of advisors who reported receiving 6-10 or 11+ or more clients per year included an “As Seen On” section on their site. In our case, this includes logos of the publication appearances they’ve been featured in.
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