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.
Carlyle Group said March 4 that it agreed to invest in The Nordam Group Inc. Financial terms weren’t announced. Nordam, of Tulsa, Oklahoma, is an aerospace company that filed for Chapter 11 bankruptcy in July 2018. Carlyle’s investment will fund Nordam’s exit from Chapter 11. The Siegfried family will retain ownership of the business and continue to lead the company.
4 min read · 04 March 2019
KKR said March 4 that Kate Richdale was appointed member and head of strategy & business development in Asia Pacific. Richdale joins KKR from Goldman Sachs in Hong Kong, where she was chairman of investment banking in Asia Ex-Japan.
3 min read · 04 March 2019
ArchiMed has launched a 70 million euro ($79.3 million) takeover bid for Bomi Italia. The transaction has the support of Bomi’s founding family and other shareholders that control about 70 percent of the company. Bomi is a medtech and pharma services provider.
3 min read · 04 March 2019
TA Associates has invested in ARI Network Services Inc, which is backed by True Wind Capital. Financial terms weren’t announced. True Wind will remain the largest shareholder. ARI Network provides software and marketing solutions to dealers, equipment manufacturers and distributors.
4 min read · 04 March 2019
To start your morning, we have news that CNN is shifting its focus from TV to digital news, Square Co-founder Tristan O’Tierney died of causes related to addiction, and Lyft's losses widened to $911 million in 2018.
1 min read · 04 March 2019
Paulson & Co and TriArtisan Capital Advisors LLC said March 1 that they have closed their buy of P.F. Chang's China Bistro Inc from Centerbridge. The deal, reportedly valued at $700 million, was announced in January.
3 min read · 01 March 2019
Clyde Blowers Capital said Feb. 28 that it closed the sale of Hydreco to Duplomatic Motion Solutions, which is backed by Alcedo. Financial terms weren't announced. Hydreco, of the U.K., is a hydraulic technologies provider.
3 min read · 01 March 2019
Wynnchurch Capital LLC said Feb. 28 that it closed its buy of Mid-America Fittings Inc. financial terms weren’t announced. Mid-America, of Overland Park, Kansas, makes industrial fittings and valves.
3 min read · 28 February 2019
Maze Therapeutics said Feb. 28 that it raised $191 million in funding led by Third Rock Ventures and ARCH Venture Partners. Also participating were GV, Foresite Capital, Casdin Capital, Alexandria Venture Investments and other undisclosed investors. Maze, of San Francisco, develops medicines based on genetic modifiers.
4 min read · 28 February 2019
Genstar Capital said Feb. 28 that it promoted David Golde to managing director, and Ben Marshall and David Graham to director.
3 min read · 28 February 2019
