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.
Partners Group said March 12 that it provided equity financing for Greenlink Interconnector. Element Power and Hudson Sustainable Investments are current shareholders. Financial terms weren’t announced. Greenlink is a project to construct a 500MW subsea interconnector between Ireland and Great Britain.
2 min read · 12 March 2019
News Corp and private equity firms are expected to bid for Acuris, the owner Mergermarket, the Financial Times is reporting. KKR, Advent International, Hellman & Friedman, EQT as well as Axel Springer are have also expressed interest, the story said.
1 min read · 12 March 2019
2 min read · 11 March 2019
Vessco Inc, a portfolio company of O2 Investment Partners, said March 11 that it invested in Dorner Products. Financial terms weren’t announced. Dorner, of Sussex, Wisconsin, supplies flow control equipment and related services.
3 min read · 11 March 2019
The New York Yankees are partnering with Amazon, Sinclair Broadcast Co and a group of private equity investors, including Blackstone, to buy the YES Network from Walt Disney Co for $3.47 billion, according to press reports. The Yankees will be the largest shareholder in the channel, the New York Times said.
1 min read · 11 March 2019
MUFG Investor Services said March 11 that it named Bruno Bagnouls as a managing director and head of private equity and real assets of Mitsubishi UFJ Investor Services & Banking Luxembourg S.A. Bagnouls was previously with TMF Group where he was group head of private equity and real estate and a managing director of TMF Luxembourg.
3 min read · 11 March 2019
Behrman Capital said March that it invested the Emmes Corp. Financial terms weren’t announced. Emmes is a contract research organization that partners with government, private foundation, and commercial clients to develop treatments for diseases and disorders impacting public health.
3 min read · 11 March 2019
CCMP Capital Advisors LP said March 11 that it is buying BGIS for about $1 billion. Brookfield Business Partners is the seller. CEO Gordon Hicks and the management team will remain in place. BGIS is a facilities management company.
3 min read · 11 March 2019
Blackstone said March 10 that it invested in Carrix. Financial terms weren’t announced. Carrix is a marine terminal operator, with activities at more than 250 terminal facilities and rail operations throughout geographies in the U.S., Canada, Mexico, Central America, South America, Asia, New Zealand and South Africa.
3 min read · 11 March 2019
Greenbriar Equity Group LP and First Aviation Services Inc said March 11 that they acquired Dart Aerospace. Eagle Copters Ltd and Era Group Inc are the sellers. Dart Aerospace provides mission equipment and aftermarket components for the helicopter and fixed-wing industries. Houlihan Lokey served as financial adviser to Era and Eagle Copters.
3 min read · 11 March 2019
