Capital One Plots Largest Credit Card Acquisition Ever. Will Regulators Play Ball? | Investor's Business Daily
Capital One announced plans to purchase Discover Financial for $35 billion, allowing it to compete with rival credit card giants. The post Capital One Plots Largest Credit Card Acquisition Ever. Will Regulators Play Ball? appeared first on Investor's Business Daily.
Hireright To Be Acquired By General Atlantic And Stone Point Capital In $1.65B Deal
HireRight Holdings Corp.
HRT,
+0.31%
has entered into an agreement to be acquired by investment funds affiliated with General Atlantic and Stone Point Capital, the company announced Friday. The two private equity firms, who currently own approximately 75% of HireRight’s common stock, will acquire all of the outstanding shares they do not already own for $14.35 per share, in a deal valued at approximately $1.65 billion.
Acquisitions For Law Firms Backed By Hedge Fund And Private Equity
One law firm backed by a hedge fund and another by private equity have each completed significant acquisitions, the former creating one of the UK's biggest debt recovery operations. The post Acquisitions for law firms backed by hedge fund and private equity appeared first on Legal Futures.
5m Group Completes Acquisition Of $70M Cox Hardwood Manufacturing Companies
Expansion Plans Include Opening Three New Regional Cox Interior Locations
CHICAGO, Jan. 30, 2024 /PRNewswire/ -- In December 2023, 5M Group led a joint venture as the managing partner and completed the acquisition of three hardwood manufacturing companies: Cox Interior, Cox Shavings and Cox Dimensions. Brothers Mark Reiter and Marty Reiter are co-founders and principals of 5M Ventures, a private equity division of their parent company, 5M Group, a commercial real estate development and private equity firm based in Chicago.
Equilend To Be Acquired By Pe Firm Wcas
EquiLend, the securities lending trading platform owned by 10 major Wall Street firms, is being acquired by private equity firm Welsh, Carson, Anderson & Stowe (WCAS).
Blackrock's $12.5B Acquisition Of Global Infrastructure Partners Wins Praise
Asset manager's deal for private-equity firm will help it tap 'democratization' of alternative for individual investors. :
BlackRock Inc.’s plan to buy major private-equity firm Global Infrastructure Partners for $12.5 billion will help the asset-management giant’s stock reach the $1,000 mark, TD Cowen analyst Bill Katz said in a fresh upgrade of the stock.
Sale Of Uk Assets To World’s Largest Money Manager Means Huge Payday For Bankers | Mergers And Acquisitions
Global Infrastructure Partners, whose portfolio includes Gatwick, sold to BlackRock in $12.5bn dealFrom the humble luggage tray to filters that mask smells at sewage plants, the sale of some of Britain’s most pedestrian assets to the world’s largest money manager is to bring a multimillion-dollar payday to a small clutch of little-known bankers.Global Infrastructure Partners (GIP), which boasts a $100bn (£79bn) collection of companies including Gatwick airport and the Suez wastewater group, has been sold to the US investment firm BlackRock in a $12.5bn deal. Continue reading...
Arax Acquires $1b Ibd; Recruits $2B Alex.brown Team
The $2 billion AUM Stafford Schauer Private Wealth Team joins Arax's Ashton Thomas Private Wealth from Deutsche Bank. :
Arax Investment Partners, a wealth management platform backed by private equity firm RedBird Capital Partners, has acquired Excel Securities & Associates, a Rochester, N.Y.-based independent broker/dealer and RIA with $1 billion in client assets. The firm will now operate as Ashton Thomas Securities, borrowing the name from an RIA Arax acquired last year, Ashton Thomas Private Wealth. Terms of the agreement were not disclosed. In conjunction with the acquisition, Ashton Thomas Private Wealth added a $2 billion AUM team from Alex.
Scottish Msp Kicks Off Another Year Of Acquisitions With Ldc Investment
If you have any problems with your access or would like to request an individual access account please
contact our customer service team. If you have any problems with your access or would like to request an individual access account please contact our customer service team. LDC, the private equity arm of Lloyds Banking Group, has injected a substantial investment into Kick ICT, an independent Scottish IT managed service provider. Notably, the transaction marks a successful exit for BGF, the growth capital investor that has been supporting Kick ICT since 2021.
Australis Equity Partners Acquires Sunrise Premiere Pool Builders
Australis Equity Partners ("Australis"), the private equity brand, through one of its subsidiaries, acquires Sunrise Premiere Pool Builders, LLC ("Sunrise".) ARNOLD, Md., Dec. 30, 2023 /PRNewswire-PRWeb/ -- Australis Equity Partners ("Australis"), the private equity brand, through one of...