Sat.Jun 03, 2023 - Fri.Jun 09, 2023

article thumbnail

Berkshire Partners-backed FoodChain ID names Kearney as CEO

PE Hub

Kearney succeeds Brad Riemenapp, who led FoodChain ID as CEO for more than five years before passing away in May. The post Berkshire Partners-backed FoodChain ID names Kearney as CEO appeared first on PE Hub.

229
229
article thumbnail

The Rise of Independent Sponsors

Private Equity Professional

Today, most entrepreneurs have recognized that growing their company’s EBITDA to at least $3 million opens greater exit opportunities to financial buyers that just don’t exist below that threshold. For many private equity sponsors, a well-run, diversified $3 million+ EBITDA business is big enough to consider acquiring either as a platform or an add-on.

130
130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Ramit Sethi on Living Richly

The Big Picture

 This week, we speak with entrepreneur Ramit Sethi, who is the founder and chief executive officer of the online education platform I Will Teach You to Be Rich (IWT ), which attracts more than 1 million readers a month. Sethi is also the host of the Netflix series “ How To Get Rich ,” which is based on his New York Times bestselling book “ I Will Teach You to Be Rich “; he also hosts a podcast of the same name.

Education 132
article thumbnail

Kosovo’s new wealth fund offers development model for eastern Europe

Top 1000 Funds

Kosovo, a small country in south-eastern Europe that emerged as an independent state after the Balkan conflict, plans to create a sovereign development fund, the first of its kind in the region.

Funds 122
article thumbnail

WestView invests in software firm Triple Crown

PE Hub

In addition to the funding, Jonathan Hunnicutt and Kevin Twomey, a managing director and principal at WestView, respectively, will join Triple Crown's board of directors. The post WestView invests in software firm Triple Crown appeared first on PE Hub.

Investing 228
article thumbnail

Nexa Equity Closes Inaugural Fund

Private Equity Professional

Nexa Equity has held a final closing of its inaugural fund, Nexa Equity Fund I LP, with more than $180 million in capital commitments. Prior to closing Fund I, Nexa had raised an additional $150 million through transaction-specific co-investment vehicles. Limited partners in Fund I include university endowments, foundations, investment advisers, fund-of-funds, family offices, and… This content is for members only.

Funds 130

More Trending

article thumbnail

Black Swans, Stock Market Crashes and the Chaos Kings

The Reformed Broker

On this special episode of Live from The Compound, Scott Patterson, Financial Journalist and Wall Street Journal Reporter, joins Michael Batnick and Josh Brown to discuss Scott’s new book, Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis. Follow Scott on: Twitter Book. The post Black Swans, Stock Market Crashes and the Chaos Kings appeared first on The Reformed Broker.

article thumbnail

AEI acquires business aviation services provider Yingling Aviation

PE Hub

Yingling Aviation Chairman and CEO Lynn Nichols and President Andrew Nichols will remain active leaders and investors in the company. The post AEI acquires business aviation services provider Yingling Aviation appeared first on PE Hub.

Investors 225
article thumbnail

Allied Industrial Partners-Backed CES Power Acquires Immedia Event Productions

Private Equity Professional

CES Power, a portfolio company of Allied Industrial Partners, has acquired Immedia Event Productions, a provider of power generation and HVAC services for public and private, and indoor and outdoor events. Beyond power generation and HVAC services, Immedia also provides sound and video services, staging and production, and searchlight services. The business serves customers throughout… This content is for members only.

article thumbnail

The Consequences of a Baby Bust

A Wealth of Common Sense

Agriculture was invented approximately 10,000 years ago. It’s estimated there were roughly 5 million people on Earth at the time. This shift completely changed our species from nomadic hunter-gathers which allowed humans to live in larger and larger groups of people. The population grew slowly but steadily from there reaching 1 billion people by the year 1800.

121
121
article thumbnail

Qataris make final bid in battle for Manchester United

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Bidding 141
article thumbnail

How ChatGPT, generative AI are beefing up PE deal sourcing

PE Hub

LFM's Jessica Ginsberg: 'The vault, the volume and the velocity that these tools can bring to deal sourcing is tremendously valuable.' The post How ChatGPT, generative AI are beefing up PE deal sourcing appeared first on PE Hub.

225
225
article thumbnail

Direct Mail Giant Acquired by Monomoy

Private Equity Professional

Monomoy Capital Partners has acquired family-owned Japs-Olson Company, a provider of commercial printing and direct mail marketing services. Japs-Olson’s printing services include variable data printing, digital printing, offset printing, and large-format printing. The company’s direct mail services include data management, list procurement, postal optimization, and mail tracking.

Capital 130
article thumbnail

10 Monday AM Reads

The Big Picture

My leaving-on-vacation , morning plane reads (see you in 10 days!): • There’s No Easy Exit for Companies Backed by PE and VC : Verdad Advisers’ Dan Rasmussen argues that rising debt costs, compressed margins, and negative cash flow make for a “pretty scary” picture of the health of private companies. ( Institutional Investor ) • Hedge Funds at War for Top Traders Dangle $120 Million Payouts : Paid sabbaticals, huge signing bonuses are among tools being used, as clients foot the bill in chase for

article thumbnail

Addressing Retirement for Gen X

Integrity Financial Planning

A recent study by Investopedia found that Generation X’s biggest worry is retirement. The survey found that although many members of Gen X feel like they understand their finances, they are still concerned about setting themselves up to transition into retirement. Nearly one in four Gen Xers are not sure when, or even if, they will be able to retire. [1] These numbers are very significant.

article thumbnail

Gemspring-backed Amplix buys Corporate Accessories Group

PE Hub

Based in Norwood, Massachusetts, Amplix is a provider of technology advisory services and software. The post Gemspring-backed Amplix buys Corporate Accessories Group appeared first on PE Hub.

221
221
article thumbnail

PAI Completes Buy of IFF’s Savory Solutions Business

Private Equity Professional

PAI Partners has closed its acquisition of the Savory Solutions business unit of publicly traded International Flavors & Fragrances (IFF) at a valuation of $900 million. With the close of the acquisition, PAI has renamed the Savory Solutions business to NovaTaste with a headquarters in Salzburg, Austria. NovaTaste is a provider of ingredients for prepared… This content is for members only.

100
100
article thumbnail

Ryman Hospitality Properties, Inc. to Acquire JW Marriott San Antonio Hill Country Resort & Spa from Blackstone Real Estate Income Trust, Inc. for $800 Million

Blackstone News

NASHVILLE, Tenn. & NEW YORK, June 5, 2023 – Ryman Hospitality Properties, Inc. (NYSE: RHP) (“Ryman”) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced a definitive agreement under which Ryman will purchase the JW Marriott San Antonio Hill Country Resort & Spa (“JW Marriott Hill Country”) in San Antonio, Texas for $800 million from BREIT.

article thumbnail

Exploring The World of Literature at the Library

Integrity Financial Planning

As the world becomes more digitized, many people may believe that libraries are becoming a thing of the past. However, this couldn’t be further from the truth. Libraries are still essential for providing access to information, learning, and community building. In fact, libraries are particularly important for retirees who seek to enrich their lives through reading and learning.

article thumbnail

Stellex-backed Fenix Parts acquires Fox Auto Parts

PE Hub

Fenix Parts is a recycler and reseller of original equipment manufacturer automotive parts. The post Stellex-backed Fenix Parts acquires Fox Auto Parts appeared first on PE Hub.

220
220
article thumbnail

Branding: Becoming the advisor to call

Million Dollar Round Table (MDRT)

By Sandy Schussel In any financial services practice, branding is a primary way to attract ideal clients. It is an expression of your unique identity to arouse interest in the kind of people you most want to work with. Branding, though, isn’t just about having a catchy tagline or slogan about how you’re different from your competitors. It’s about getting your ideal clients or prospects to see that what you offer is exactly the solution they’ve been searching for.

Taxes 88
article thumbnail

Why internal management at Canada’s BCI includes ESG

Top 1000 Funds

For pension funds with large in-house teams that are also navigating the risk and opportunity of sustainable investment, a global head of ESG can play a vital role. Jennifer Coulson, the investor's first global head of ESG, explains why.

article thumbnail

The Rebalancing Bonus

A Wealth of Common Sense

A reader asks: Does rebalancing essentially lock in losses? I have a robo advised Roth IRA that rebalances seemingly every other day. Will I ever get back to break even? And when do I stop buying the stock market on sale? Diversification is the process of spreading your bets among different asset classes, strategies, geographies and holdings to reduce risk in your portfolio.

Assets 88
article thumbnail

PE-backed Data Clean buys environment cleaning business SML Enterprises

PE Hub

Des Plaines, Illinois-based Data Clean is an environment cleaning and remediation specialist. The post PE-backed Data Clean buys environment cleaning business SML Enterprises appeared first on PE Hub.

219
219
article thumbnail

Corporate hypocrisy doesn’t bother us too much. This is why

Financial Times: Moral Money

Modern economies are predicated on doing one thing, saying another and keeping a straight face throughout

114
114
article thumbnail

An Investment Guide for IRAs

Integrity Financial Planning

Investing in an Individual Retirement Account (IRA) is an excellent way to save for retirement. However, selecting the right investments for your IRA can be challenging. In this article, we will explore some strategies to help you choose the best investments for your IRA. Understand the Traditional and Roth IRAs First, it is essential to understand the two main types of IRAs: traditional and Roth.

article thumbnail

Saudi Arabia to spend billions on shock merger of PGA Tour and LIV Golf

Financial Times M&A

Deal resolves bitter dispute between established series and breakaway league that has divided men’s game

113
113
article thumbnail

PSG-backed Traliant buys online compliance training provider Clear Law Institute

PE Hub

Traliant is a provider of online compliance training solutions. The post PSG-backed Traliant buys online compliance training provider Clear Law Institute appeared first on PE Hub.

215
215
article thumbnail

Investors pull support for green and social measures amid political pressure

Financial Times: Moral Money

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

article thumbnail

Will AI Save the World?

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Jill Schlesinger, and Downtown Josh Brown discuss whether or not the bear market is over, the chances of Jamie Dimon running for president, Apple’s WWDC product unveil, the accredited investor rule, Artificial Intelligence, the state of the economy, and much more!

article thumbnail

Saudi Arabia proves it can conquer sports with cash

Financial Times M&A

Plus, Sequoia splits up with China and a cross-border takeover saga tests relations between Rome and Beijing

97
article thumbnail

Bansk Group-backed Arcadia scoops up consumer health products firm Avrio Health

PE Hub

Among Avrio's brands are Betadine, Colace and SlowMag. The post Bansk Group-backed Arcadia scoops up consumer health products firm Avrio Health appeared first on PE Hub.

223
223
article thumbnail

Private equity dealmaking slumped towards end of 2022 despite otherwise strong year

AltAssets

Private equity dealmaking suffered in the final quarter of 2022 as firms battened down the hatches amid ongoing market instability and treacherous investment conditions. The post Private equity dealmaking slumped towards end of 2022 despite otherwise strong year first appeared on AltAssets Private Equity News.

article thumbnail

This Week on TRB

The Reformed Broker

We had Cathie Wood on The Compound and Friends this week! Michael, Duncan and I popped up in the Tampa / St. Petersburg area this week and got to spend some time with the founder of ARK Invest. We talked innovation, AI fact vs fiction, how big Tesla can get, why Ark bought Nvidia in 2014, Zoom vs Google Meet vs Microsoft Teams, and much more! Watch or listen to the episode below.