Telstra was in advanced discussions with a private equity firm and a Hong Kong telecommunications operator about an international tie-up.
GREENWICH, Conn., April 14, 2021 /PRNewswire/ -- L Catterton, the largest global consumer-focused private equity firm, today announced that it has entered into a definitive agreement under which L Catterton will acquire a controlling interest in West Marine (the "Company"), the nation's...
NEW YORK, April 6, 2021-- SK Capital Partners, LP, a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, has completed its previously announced acquisition of IPACKCHEM Group SAS ("IPACKCHEM" or the "Company"), a leader in sustainability-oriented barrier packaging. Founded in 1987 by Jean-Philippe Morvan as a division of Air Products Group, IPACKCHEM is a leading global supplier of innovative and specialized barrier packaging solutions. IPACKCHEM's leading market positions in the Crop Protection and Specialty Chemical markets are further underscored by its commitment to providing 100% recyclable plastic barrier packaging.
Velocity Global Acquires Iworkglobal To Accelerate Remote Work And Global Expansion Platform; Receives $100M Growth Investment From Ffl Partners
Velocity Global acquires iWorkGlobal to accelerate remote work and global expansion platform; receives $100M growth investment from FFL Partners SAN FRANCISCO, April 6, 2021-- Velocity Global, the leading provider of global expansion solutions, today announced its acquisition of iWorkGlobal, a wholly owned subsidiary of Gary D. Nelson and Associates, and a $100 million growth investment from private equity firm FFL Partners. The combined company, under the Velocity Global name, creates the largest U.S. domestic and global Employer of Record (EoR) and accelerates the future of remote work for companies around the world.
The news: Donuts, a domain name registry based in Bellevue, Wash., has been acquired by Ethos Capital, a private equity firm based in Boston. Terms of the deal were not disclosed. Ethos Capital previously invested in Donuts last year. What Donuts does: Founded in 2010 by Paul Stahura, the company sells 242 "top-level domains" including .social, .support, .email, and more. It manages nearly 25 million domain names. The company is led by Akram Atallah, a former executive at internet nonprofit ICANN. It has about 300 employees across four global offices.
NEW YORK, April 1, 2021-- Stellex Capital Management ("Stellex"), a middle-market private equity firm, announced today the completion of its acquisition of the US- and Australia-based conveying business units (the "Company") from Komatsu Mining Corp. ("Komatsu") by certain of its affiliates. The financial terms of the transaction were not disclosed. The Company is a leading designer and manufacturer of material handling conveyor systems and components used in a variety of end markets, including mining and minerals, industrial processing, and aggregates. The acquisition included the stock of Joy Global Conveyors Inc. and the assets of Komatsu's Australia-based conveying business.
HONG KONG: Asia's bankers say they expect the hottest trend in global deal-making, IPOs for special-purpose acquisition vehicles (SPAC), to rocket in the region this year from small beginnings, fuelled by well-resourced investors including private equity firms. Globally, SPACs raised US$92 ...
Deal Reached For Credit Management Services Provider Arrow Global To Be Acquired By Asda Investor Tdr Capital
The acquisition values Arrow Global at about PS563m. : An agreement has been reached for a Manchester-headquartered credit management services provider to be bought by a private equity firm, which helped the billionaire brothers behind EG Group acquire Asda. Arrow Global received a preliminary, conditional proposal from TDR Capital on February 8 for a possible cash offer of 305 pence per share for the entire issued and to be issued ordinary share capital. On February 22, TDR Capital made a revised proposal of 307.5 pence per share in cash, and revealed earlier this month, which has now been accepted.
TripleLift, the next-generation adtech platform focused on native programmatic advertising, has agreed to be acquired by Vista Equity Partners, the private equity firm founded by Robert F. Smith. The...
Stocks Making The Biggest Moves In The Premarket: Msg Entertainment, Bowx Acquisition, Root Inc. & More
The stocks making the biggest moves in premarket trading include MSG Entertainment, BowX Acquisition, Root Inc., and more. : BowX Acquisition (BOWX) - The special purpose acquisition company will take office-sharing company WeWork public in a deal worth $9 billion, including debt. Starwood Capital, Fidelity Management and others are involved in the deal as so-called "PIPE" investors. BowX rose 3.6% in the premarket. Ford Motor (F) - The automaker will idle production of its popular F-150 pickup truck through the weekend at a Michigan plant, due to the global semiconductor shortage.