Luisa Beltran

Bank of America looks for opportunities as it dives into fintech

BofA, with $1.25 trillion in assets under management, wants to develop its own unit that helps businesses handle debit and credit card transactions.

Transnational Payments is on the block

Transnational Payments has hired FT Partners to advise on the sale

Pantheon makes Jain global head of private debt

Pantheon said Dec. 3 that Rakesh (Rick) Jain was named partner and global head of private debt. He is based in New York. Jain will join Pantheon's global credit committee.

AE Industrial buys AIM MRO

AE Industrial Partners said Dec. 3 that it acquired AIM MRO. Financial terms weren't announced. AIM MRO makes and supplies highly engineered consumable repair products and materials used primarily in the aerospace engine aftermarket.

Cote's GS Acquisition in talks to buy Vertiv for more than $5 bln: Reuters

GS Acquisition Holdings Corp, the SPAC from David Cote, is in talks to buy backup power equipment firm Vertiv for more than $5 billion, Reuters is reporting. Cote is the former CEO of Honeywell International. GS Acquisition, which is backed by Goldman Sachs Group Inc, raised $690 million last year in an IPO, the story said.

Permira considers sale of John Masters Organics: Bloomberg

Permira is weighing the sale of John Masters Organics, Bloomberg reported. Permira is working with an IB on the sale of John Masters, an organic personal care business, which could fetch as much as $200 million, the story said.

STG Logistics buys Veeco

STG Logistics, a Wind Point Partners portfolio company, said Dec. 3 that it acquired Veeco Holdings. Financial terms weren't announced. Veeco provides logistics solutions focused on the gateway ports of New York and New Jersey.

Pleatco Filtration buys TVS Filters

Pleatco Filtration, an Align Capital Partners portfolio company, has acquired TVS Filters. Financial terms weren't announced. TVS designs and makes pleated filter cartridges, gas turbine inlet filters, and other filtration products for complex industrial air filtration applications.

HKW invests in Traductions Serge Bélair Inc

HKW said Dec. 3 that it recapitalized Traductions Serge Bélair Inc. financial terms weren't announced. Traductions Serge Bélair, of Montreal, Quebec, is a language service provider that supplies translation services to corporate and institutional clients.

Stada Group to buy Biopharma's prescription, consumer health

The deal includes Biopharma's production facilities in the city of Bila Tserkva, in the Kiev region.