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.
4 min read · 14 December 2018
Sentinel Capital Partners has acquired Pet Supplies Plus. Financial terms weren’t announced. Pet Supplies Plus, of Livonia, Michigan, is a franchisor and operator of pet-specialty stores.
3 min read · 13 December 2018
GE Digital said Dec. 13 that it is selling a majority stake in ServiceMax to Silver Lake. Financial terms weren’t announced. ServiceMax, of Pleasonton, California, provides cloud-based software productivity tools for field service technicians. GE will retain a 10 percent stake. Morgan Stanley & Co LLC served as financial adviser and Skadden, Arps, Slate, Meagher & Flom LLP acted as legal adviser to Silver Lake.
4 min read · 13 December 2018
Darren Battistoni has joined Charlesbank Capital Partners as a managing director. Battistoni is the founding partner of Pamplona TMT.
2 min read · 13 December 2018
KKR said Dec. 13 that it is investing up to $45 million in Barghest Building Performance. Barghest Building, of Singapre, provides heating, ventilation and air conditioning systems in commercial and industrial buildings.
4 min read · 13 December 2018
Janus International Group, a portfolio company of Clearlake Capital, has acquired Nokē Inc. Financial terms weren’t announced. Nokē, of Salt Lake City, Utah, designs and makes a line of smart-locks.
4 min read · 13 December 2018
Blackstone and KKR are interested in the Long Beach, California container terminal owned by Cosco Shipping Holdings Co, Bloomberg reported. EQT Partners and an arm of Macquarie Group Ltd have also been studying a deal for the asset, which could be valued at $1 billion or more, the story said.
1 min read · 13 December 2018
Tripp Smith has begun reaching out to investors about starting a firm that will invest in corporate debt in the U.S. and Europe, Bloomberg reported. Smith is looking to raise a few billion dollars, the story said. Smith, the co-founder of Blackstone Group’s GSO Capital Partners, left the firm earlier this year.
1 min read · 13 December 2018
August Equity acquired Hallmarq Veterinary Imaging Ltd. Financial terms weren’t announced. Hallmarq, of the U.K., provides advanced diagnostics for equine and companion animals.
2 min read · 13 December 2018
John Nives has joined Gridiron Capital LLC as an operating partner. Nives helped launched Watson at IBM.
2 min read · 13 December 2018
