Private Equity
ICV Partners LLC said Nov. 4 that it invested in JK&T Wings, a leading franchisee of Buffalo Wild Wings. Financial terms weren’t announced.
2 min read · 04 November 2019
Amulet Capital Partners LP said Nov. 4 that its portfolio company Open Health has agreed to merge with Pharmerit International LP. Financial terms weren’t announced. Open Health is a health communications and market access group.
4 min read · 04 November 2019
Private equity executives is giving generously to Republican and centrist Democratic candidates, the Wall Street Journal is reporting. Donald Trump has received the most, $700,000, by the industry to support his reelection, the story said. Stephen Schwarzman, Blackstone chairman and CEO, tops the list in terms of donations, providing nearly $1.5 million to 2020 candidates and political organizations through the end of September, the WSJ said, citing Federal Election Commission records.
1 min read · 04 November 2019
Silver Lake is looking to buy major stakes in the New York Knicks and New York Rangers before the teams are spun off into a publicly traded company, the New York Post is reporting. Silver Lake already owns 10 percent of the Madison Square Garden, which owns the teams, and it wants more, the story said. But Silver Lake doesn’t want MSG’s other assets which include Radio City Music Hall and the Tao nightclub empire, the New York Post said.
1 min read · 04 November 2019
Delek Group said Nov. 4 that it completed the sale 32.5 percent of the Phoenix Holdings to Centerbridge Partners LP and Gallatin Point Capital LLC for 1.57 billion shekels ($446 million). The deal included cash and 83,255,973 Phoenix shares. Phoenix, of Israel, is a holding company offering insurance and investments.
3 min read · 04 November 2019
Delek Group said Nov. 4 that it completed the sale 32.5 percent of the Phoenix Holdings to Centerbridge Partners LP and Gallatin Point Capital LLC for 1.57 billion shekels ($446 million). The deal included cash and 83,255,973 Phoenix shares. Phoenix, of Israel, is a holding company offering insurance and investments.
3 min read · 04 November 2019
Yellow Wood Partners said Nov. 4 that it completed its previously announced buy of Dr. Scholl’s business from Bayer for $585 million.
3 min read · 04 November 2019
Activa Capital said Nov. 4 that Camille Emin has joined the firm as an associate. Emin previously worked at BNP Paribas as an M&A Analyst.
1 min read · 04 November 2019
CIS Credit Solutions, a portfolio company of SmithsonianCapital, said Nov. 4 that it acquired the mortgage solutions business of Alliance 2020 Inc. Financial terms weren’t announced. Alliance 2020’s mortgage products include credit and flood reports, tax verifications and rapid re-scores, according to the company’s website.
2 min read · 04 November 2019
CIS Credit Solutions, a portfolio company of SmithsonianCapital, said Nov. 4 that it acquired the mortgage solutions business of Alliance 2020 Inc. Financial terms weren’t announced. Alliance 2020’s mortgage products include credit and flood reports, tax verifications and rapid re-scores, according to the company’s website.
2 min read · 04 November 2019