PE Hub Staff
First Read begins day with news that British Prime Minister Boris Johnson says Brexit will come true by the end of 2020, LogMeIn will be taken private for $4.3 bln and LifeLabs pays hackers to recover customer data
First Read begins the week with news that Harvey Weinstein believes he's not being recognized for his work with women, US and China agree to a limited deal to halt the trade war and Palantir wins Pentagon contract
First Read kicks off the day with news that Harvey Weinstein and his accusers reach a tentative $25 mln deal, Saudi Aramco shares surge in a record debut and Francisco and Elliott join forces on LogMeIn bid
First Read begins the day with news that SoftBank gives up on dog-walking startup Wag after investing $300 mln, Bain Capital nears a deal to acquire an Italian IT services firm and what racism looks like in the banking industry
First Read begins the week with news that Uber releases safety report revealing 5,981 incidents of sexual assault, a strong November jobs report eases worries about the economy and the rigors of running a neighborhood Facebook group
First Read closes the week with news that United Airlines CEO Munoz is stepping down, Russian hacker behind Evil Corp indicted and Stitcher reaches $10 mln deal with "My Favorite Murder" hosts
Disclosed deal value in Q3 exceeds $50B Intermediaries “matchmaking” ahead of auction Sponsors behave like strategics, creating synergies through add-ons Relationships and buy-and-build strategies remained key tactics in the third quarter among private equity groups eager to find and win good deals. By and large, experts characterized sponsor-driven activity as more of the same in […]
Q1 produced 586 closed & announced PE deals, down from 669 a year ago Financial sponsors are more sensitive to rising valuations Greater emphasis on recession-proofing portfolios Bracing for inevitable economic headwinds, financial sponsors are proving a little less willing to stretch on valuations as their sell-side counterparts remain eager to exit under still-favorable conditions. […]
Gerald Connolly has been appointed as CEO, following Bernie Lears' retirement.
Marc Bell Capital, a diversified family home office, has hired Betty Sapp as a senior advisor.