Ftc Sues Private Equity Firm Over Alleged Anticompetitive Scheme Involving Roll-up Acquisitions | Morgan Lewis
The US Federal Trade Commission is suing US Anesthesia Partners Inc. and its private equity founder for allegedly enacting an anticompetitive scheme to gain market power through a series of roll-up acquisitions....By: Morgan Lewis.
WASHINGTON and HERNDON, Va. and SAN FRANCISCO, Sept. 26, 2023 /PRNewswire/ -- Arlington Capital Partners ("Arlington"), a Washington, DC-based private equity firm, today announced that it has agreed to acquire Exostar, LLC ("Exostar"), a leader in trusted, secure business collaboration in...
In a flash poll conducted by WealthManagement.com, a number of Avantax advisors—weary of yet another ownership change and leadership turmoil—said the acquisition by Cetera makes them more likely to consider changing firms; a smaller group expects improvements from the new owner's scale and stability.
The IPO could be valued at more than $8 billion, according to Bloomberg,: Birkenstock filed for an initial public offering Tuesday, though it’s unclear when the German footwear company, which is owned by Louis Vuitton Moët Hennessy-backed private equity firm L Catterton, will reveal its share price or terms of the share sale. Sandals of the German sandals and shoes maker Birkenstock are pictured in a store window at the ... [+] company's store in Berlin on February 26, 2021.
A new report says the powerful talent agency faces financial headwinds from Hollywood’s strikes—but its outlook remains stable. : Fame and Fortune: French billionaire François-Henri Pinault bought a majority interest in CAA, the agency that represents his wife, actress Salma Hayek. The sale of a majority stake in the talent agency CAA by the private equity firm TPG at a $7 billion valuation to Artémis, the investment firm controlled by French luxury goods billionaire François-Henri Pinault, is going to leave CAA with significant credit risk, according to a report issued yesterday by Moody’s Investors Service.
Modern Wealth has completed its 4th acquisition since establishing anchor offices just weeks after a PE-backed April launch. : Modern Wealth Management, a registered investment advisory firm founded earlier this year by former United Capital and Goldman Sachs executives with $200 million in private equity funding, announced its second expansion with an Iowa-based father-son team managing about $205 million in assets. With corporate management based in California, Modern’s first three acquisitions came mere weeks after the firm announced its launch in early April.
RADNOR, Pa., Aug. 31, 2023 /PRNewswire/ -- Saothair Capital Partners, LLC ("Saothair"), a private equity firm focused exclusively on investing in middle-market manufacturing and industrial companies, announced it has acquired the business and assets of MJM Yachts ("MJM") through Seolta...
Leaders Strategy™ investment accelerating growth behind leading compliance and supply chain management software provider CHICAGO, Aug. 30, 2023 /PRNewswire/ -- GTCR, a leading private equity firm, announced today that it has closed the acquisition of Once For All (the "Company"), a...
The acquisition will allow RIAs to offer their clients alternative asset classes including private equity, private credit, secondaries, real estate and more through the Onramp Invest dashboard.
(marketscreener.com) Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans from Synovus Bank. Shares of Synovus Financial, the parent company of the bank, rose 2.8% in extended trading. KKR, which made the investment through its private credit funds and accounts, said the deal aligns with its...https://www.marketscreener.com/quote/stock/KKR-CO-INC-44486777/news/PE-firm-KKR-acquires-373-mln-portfolio-of-Synovus-Bank-s-prime-auto-loans-44554516/?utm_medium=RSS&utm_content=20230808.