Sat.Dec 07, 2024 - Fri.Dec 13, 2024

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Why Are Nvidia and Uber Backing This Tiny $400 Million Artificial Intelligence (AI) Company?

The Motley Fool

Nvidia (NASDAQ: NVDA) is the leading supplier of high-end graphics processing units (GPUs) for data centers, where they are used to power and train artificial intelligence (AI) applications. Uber Technologies (NYSE: UBER) operates the world's largest ride-hailing platform and also the Uber Eats food-delivery service. What do these two industry leaders have in common?

Companies 246
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CCMP Buys Catering Platform from Falfurrias

Private Equity Professional

CCMP Growth Advisors has acquired Combined Caterers , a provider of event management and catering services, from Falfurrias Capital Partners. Falfurrias Capital Partners launched Combined Caterers in October 2018 with the acquisition of Best Impressions Caterers , a Charlotte-based catering company serving corporate, philanthropic, and social clients.

Buyout 130
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Chelsea’s Todd Boehly enters Telegraph newspaper auction

Financial Times M&A

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Carlyle to acquire majority stake in Australia’s Waste Services Group

Private Equity Wire

Global investment firm Carlyle (NASDAQ: CG) has reached an agreement to acquire a majority stake in Waste Services Group (WSG), a leading commercial, industrial, and liquid waste management company in Australia, from Livingbridge. Under the terms of the deal, Livingbridge is retaining a significant minority share in the business through reinvestment.

Stakes 93
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The Crypto Market Is Doing Something It Typically Only Does 1 Time Per Year -- and History Is Very Clear What Happens Next

The Motley Fool

For crypto investors, there's only one season better than the winter holidays, and that's "altcoin season." During this time of the year, lesser-known cryptocurrencies with smaller market caps (i.e., altcoins ) can absolutely skyrocket in value. Right now, all indicators are flashing green for the arrival of altcoin season. So let's take a closer look at how altcoin season is defined, what it means for crypto investors, and which cryptocurrencies might stand to benefit the most.

Investors 246
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How Sweet It Is! SK Buys Spectra Confectionery

Private Equity Professional

SK Capital Partners has acquired Spectra Confectionery , a Canadian manufacturer of decorative toppings and confectionery products, from its founding Georgas family. Spectra Confectionery specializes in products such as sprinkles, nonpareils, chocolate vermicelli, colored sugars, and candy-coated chocolates. Its customer base includes food distributors, bakeries, ice cream manufacturers, and snack food producers across North America.

Financing 130

More Trending

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Blackstone and EQT advance in bidding war for waste firm Urbaser

Private Equity Wire

Private equity giants Blackstone and EQT have moved into the second round of bidding to acquire Urbaser, a global waste management company which could be valued at up to 5bn, according to a report by Reuters citing unnamed sources familiar with the matter. Urbaser, owned by private equity firm Platinum Equity, is being advised by Citi and Santander on the sale process, initiated earlier this year.

Bidding 80
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Want the Max $5,108 Social Security Benefit? Here's the Salary You Need

The Motley Fool

Nobody expects their Social Security benefits to provide a posh lifestyle in retirement. However, a handful of people are collecting surprisingly big payments from the government-run entitlement program. Next year's maximum monthly payment is a hefty $5,108, or full-year income of $61,296. That's not bad, particularly when combined with other sources of retirement income.

Taxes 240
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Deal Roundup: GTCR seals mammoth $13.45bn AssuredPartners trade sale, General Atlantic buys in to LTG

AltAssets

GTCR has agreed the $13.45bn sale of global insurance brokerage, risk management and consulting services firm AssuredPartners to trade buyer Arthur J Gallagher. The post Deal Roundup: GTCR seals mammoth $13.45bn AssuredPartners trade sale, General Atlantic buys in to LTG appeared first on AltAssets Private Equity News.

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Walgreens in talks over sale to private equity group Sycamore

Financial Times M&A

84
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Ares Management opens new Miami Beach office

Private Equity Wire

Ares Management, a global private equity giant managing $463.8bn in assets, is set to establish a new office in Miami Beach, with the firm reportedly securing approximately 12,000 square feet at Eighteen Sunset, a mixed-use development in Sunset Harbour, according to a report by the Business Journals. Eighteen Sunset, located at 1759 Purdy Avenue, is a five-story Class A commercial building combining retail and office spaces.

Assets 77
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1 Analyst Thinks Nvidia Will Be a $10 Trillion Stock Within 5 Years. Here's Exactly How It Could Happen.

The Motley Fool

Only 10 years ago, Nvidia 's (NASDAQ: NVDA) market cap stood at $11.5 billion. Today, the company is a technology giant worth $3.5 trillion. The stock has been a 304-bagger in a decade with much of the growth coming over the last two years. How much bigger can Nvidia grow? One analyst thinks it will be a $10 trillion stock within five years. Is that prediction absurdly optimistic?

Financing 236
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Data shortfall undermines ESG investment, asset managers warn

Financial Times: Moral Money

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Omnicom aims for a Mad Men comeback with $13bn Interpublic deal

Financial Times M&A

90
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My Year-End Stock Market Forecast

A Wealth of Common Sense

My first experience in the finance world was working for a team of sell side analysts. These are the research teams who cover certain stocks within a specific sector of the market.1 They produce research on each company while providing price targets and buy/sell/hold ratings. As an impressionable youth in the finance world, I assumed the people paying for this research did so for the price targets and strong buy or sell r.

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The Stock Market Has a Make-or-Break Week Ahead as the S&P 500 Chases History. Here's What Investors Should Know.

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) has advanced 28% year to date through the first week of December. That puts the benchmark index within striking distance of 30% upside in 2024, which would be its best annual peformance of the 21st century. But the stock market has a make or break week ahead. Interest rate cuts have factored heavily into the S&P 500's historic run, and the current pricing of futures contracts implies an 86% chance the Federal Reserve cuts rates at the December meeting.

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MassPRIM picks out GTCR smaller buyout fund, Nordic Capital mid-market vehicle in latest commitments

AltAssets

The $110bn-managing Massachusetts Pension Reserves Investment Management Board has picked a trio of private equity fundraises among its latest commitments. The post MassPRIM picks out GTCR smaller buyout fund, Nordic Capital mid-market vehicle in latest commitments appeared first on AltAssets Private Equity News.

Buyout 73
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Bausch + Lomb buyout teeters as Blackstone balks at price tag

Financial Times M&A

Buyout 82
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GTCR agrees $13.5bn all-cash sale of AssuredPartners to Arthur J Gallagher

Private Equity Wire

Private equity firms GTCR and Apax Partners have agreed to sell insurance broker AssuredPartners to Arthur J Gallagher & Co in a $13.45bn all-cash deal, making it one of the largest-ever transactions in the insurance brokerage sector, according to a report by Reuters. Founded in 2011 through a partnership between GTCR and industry veteran Jim Henderson, AssuredPartners rapidly scaled its operations through a combination of strategic acquisitions and organic growth.

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3 Key Social Security Changes Coming in 2025 Besides the 2.5% COLA

The Motley Fool

The Social Security program undergoes revisions each year to account for changes in wages and prices across the economy. Often, benefits are the largest source of income for retired workers, so understanding the changes could be the difference between prudent financial planning and costly mistakes. Most readers probably know Social Security payments receive annual cost-of-living adjustments (COLA) designed to protect the buying power of benefits from inflation.

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Exploring Quantum Computing: The Future Frontier of Software Innovation

FinSMEs

Quantum computing was once an idea found in science fiction stories; however it is now rapidly transitioning into a real world innovation. This groundbreaking technology has the potential to revolutionize sectors ranging from finance to healthcare as it tackles challenges that traditional computers cannot solve. To software developers, scientists and technology enthusiasts quantum computing signifies […] The post Exploring Quantum Computing: The Future Frontier of Software Innovation appea

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Signs of UK insider trading fell to five-year low in 2023, FCA says

Financial Times M&A

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Valeas Capital Partners secures $600m for inaugural PE fund

Private Equity Wire

Valeas Capital Partners, a private equity firm founded in 2021 by former Hellman & Friedman executives Rob Little and Ed Woiteshek, has closed its inaugural institutional fund with over $600m in commitments, according to a report by Bloomberg. With this latest fundraise, the San Francisco-based firm now manages approximately $1.2bn in total assets.

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Why Intel Stock Is Falling Today

The Motley Fool

Intel (NASDAQ: INTC) stock is losing ground in Tuesday's trading. The semiconductor company's share price was down 2.6% as of 1:45 p.m. ET, and had been down as much as 3.2% earlier in the daily session. Intel stock is falling today after Taiwan Semiconductor Manufacturing founder Morris Chang made comments criticizing the U.S.-based company's strategy and execution in the chip fabrication space.

Companies 179
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ESG investors retain a glimmer of hope even after Trump’s victory

Financial Times: Moral Money

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Kroger-Albertsons $25bn grocery merger blocked by US judge

Financial Times M&A

75
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South African Rugby Union rejects PE deal with Ackerley Sports Group

Private Equity Wire

The South African Rugby Union (SARU) has voted against a proposed $75m private equity investment from US-based Ackerley Sports Group (ASG), potentially opening the door for alternative offers in 2025, according to a report by Reuters. Seven of SARUs 13 voting unions opposed the deal, which meant the proposal, which would have seen ASG acquire a 20% stake in SARUs commercial rights entity a move President Mark Alexander described as essential for the organisations financial stability fell short

Stakes 64
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2 Artificial Intelligence (AI) Stocks to Buy Right Now That Could Make You a Millionaire

The Motley Fool

Advances in artificial intelligence (AI) are expected to reshape vast swaths of the global economy. Fortunes will be made by savvy investors who position themselves to profit from this powerful megatrend. To help you claim your share of the coming AI boom, here are two top tech stocks set to deliver handsome gains to their shareowners in the years ahead.

Stakes 182
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Tough terrain ahead for investors in energy transition minerals

Financial Times: Moral Money

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Omnicom dusts off an old strategy to face adland’s new problem

Financial Times M&A

79
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Dimension Capital said to strike $500m for second biotech, software fund – just two years after $350m debut fund close

AltAssets

Dimension Capital, a two-year-old venture capital firm targeting the intersection of software and biotech, has reportedly raised $500m for its oversubscribed sophomore fund. The post Dimension Capital said to strike $500m for second biotech, software fund – just two years after $350m debut fund close appeared first on AltAssets Private Equity News.

Capital 59
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Dave & Buster's Entertainment (PLAY) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Dave & Buster's Entertainment (NASDAQ: PLAY) Q3 2024 Earnings Call Dec 10, 2024 , 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator You're listening to Dave & Buster's live. Good afternoon, and welcome to the Dave & Buster's third quarter 2024 earnings conference call.

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LexisNexis Risk Solutions to Acquire IDVerse

FinSMEs

LexisNexisRisk Solutions, an Alpharetta, GA-based company delivering document authentication solutions and part of RELX, has entered into an agreement to acquire IDVerse, an Australian provider of AI-powered automated document authentication andfrauddetection solutions. The amount of the deal was not disclosed. The acquisition will integrate IDVerse’s capabilities across solutions and will enhance customer readiness for future fraud threats […] The post LexisNexis Risk Solutions to A

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Omnicom to buy Interpublic in $13bn deal to create new marketing giant

Financial Times M&A

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