I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
Asana Partners said April 8 that its latest fund raised $800 million. Asana Partners is a retail real estate company.
2 min read · 09 April 2019
Clearlake Capital Group LP has invested in Appriss Holdings. Financial terms weren’t announced. Clearlake will be an equal partner in Appriss alongside management and Insight Partners, which invested in Appriss in 2014. Appriss provides data and analytics for public and private enterprises that are focused on public safety, fraud prevention and substance abuse.
4 min read · 09 April 2019
Clozette said April 9 that it raised $10 million in Series C funding from Cool Japan Fund. Clozette, of Singapore, is a media company.
3 min read · 09 April 2019
Omnes said April 9 that it hired five executives as director, principal, analyst and middle office managers, while promoting for execs to principals.
5 min read · 09 April 2019
G Square Healthcare Private Equity LLP said April 8 that acquired a majority of Dental Care Group. Financial terms weren’t announced. Dental Care is comprised of 21 dental practices in East and South East of England.
2 min read · 09 April 2019
CEC Entertainment Inc, which owns Chuck E Cheese and Peter Piper Pizza, is merging with Leo Holdings Corp, a SPAC. CEC Entertainment, which is backed by Apollo Global Management LLC, will trade on the NYSE under the ticker “CEC.” Apollo is not selling shares in the transaction and will have 51 percent once the deal closes. CEC’s anticipated initial enterprise value is about $1.4 billion. Leo Holdings is blank check company formed by Lion Capital.
10 min read · 08 April 2019
Capitol Investment Corp IV said April 8 that it agreed to buy Nesco. Energy Capital Partners is the seller. Financial terms weren’t announced. Nesco provides specialty equipment, parts, tools, accessories and services to the electric utility transmission and distribution, telecommunications and rail markets in North America. Capitol Investment Corp IV is the fourth SPAC from Mark Ein. The deal is reportedly valued at $1.1 billion.
10 min read · 08 April 2019
Hamilton Lane said April 8 that it promoted several executives, including the elevation of four individuals to managing director and six to principal.
3 min read · 08 April 2019
Apposite Capital said April 8 that it invested 6 million pounds ($7.8 million) of preferred equity in Mirada Medical, a medical imaging software company.
3 min read · 08 April 2019
Intermediate Capital Group said April 8 that it invested in Doc Generici. Mérieux Equity Partners invested in the deal. CVC is the seller. Financial terms weren’t announced. Doc Generici is a generic pharmaceutical company in Italy. Gattai, Minoli, Agostinelli & Partners advised Intermediate Capital.
3 min read · 08 April 2019
