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.
Beyond Meat Inc has filed to go public. The El Segundo, California vegan meat company did not disclose how many shares it would sell or their price range. That will come in future filings. Beyond Meat is expected to list on the Nasdaq, under the ticker BYND. Investors include Kleiner Perkins Caufield & Byers, Obvious Ventures, Tyson Foods and Twitter Co-founder Biz Stone, according to a Nov. 16 SEC filling.
1 min read · 21 November 2018
Investcorp joins hunt to buy GP minority stakes; Ankerbrandt leaves Carlyle after 11 yrs for Compass; Which emerging manager raised more than $100 mln?
2 min read · 21 November 2018
Kristen Ankerbrandt has joined Compass as CFO. She starts Nov. 26 and will report to Compass Founder and CEO Robert Reffkin. Ankerbrandt was previously with Carlyle Group where she was a principal. She led technology investments for Carlyle $18.5 billion fund. Compass, a New York real estate technology company, raised $400 million in Series F funding in September.
3 min read · 21 November 2018
Workable said Nov. 20 that it raised another $50 million of growth financing led by Zouk Capital. Also participating were 83North, Balderton, Notion, TriplePoint, and Endeavor Catalyst. Workable, of Boston, provides a recruiting automation platform for SMBs.
2 min read · 21 November 2018
BridgeTower Media, which is backed by New Media Investment Group, has acquired Progressive Business Media. Financial terms weren’t announced. Progressive Business, a media and communications company, whose brands and related sub-brands include: Furniture Today, Home Accents Today, Designers Today, Casual Living, Exterior Design, Gifts and Decorative Accessories, HFN, and Home Textiles Today. Kathleen Thomas and Adam Gross of JEGI represented Progressive Business Media.
4 min read · 21 November 2018
Japan institution brings supersecret $1 bln-plus PE portfolio to market; Thomas H. Lee puts CSafe Global up for sale; Littlejohn Fund VI raises $2.84 bln
2 min read · 20 November 2018
Littlejohn & Co LLC said Nov. 20 that its latest fund closed on $2.84 billion. The firm’s prior fund raised $2 billion in 2014.
2 min read · 20 November 2018
AllianceBernstein said Nov. 20 that it agreed to buy Autonomous Research. Financial terms weren’t announced. Autonomous Research is a financial services and fintech focused institutional research firm. The deal was valued at $110 million, according to PitchBook.
3 min read · 20 November 2018
David’s Bridal, the wedding retailer, filed for Chapter 11 bankruptcy protection on Monday, according to various press reports. The company, which is trying to shed more than $400 million in debt, plans to emerge from bankruptcy in January, the New York Times said. David’s Bridal is backed by Clayton, Dubilier & Rice and Leonard Green & Partners.
1 min read · 20 November 2018
Monroe Capital said Nov. 20 that it closed a $455.75 million CLO. BNP Paribas served as the lead Manager, structuring agent and bookrunner.
2 min read · 20 November 2018
