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.
Genstar Capital said Nov. 1 that it acquired 2-10 Home Buyers Warranty. Financial terms weren’t announced. 2-10 Home Buyers Warranty, of Aurora, Colorado, provides home warranty products to homeowners and new home builders.
3 min read · 01 November 2018
Veritas Capital has teamed up with Elliott Management Corp to bid for Athenahealth Inc, Bloomberg is reporting. The deal calls for Elliot, which owns 9 percent of Athena, to invest more for a larger ownership stake alongside Veritas, the story said. The firms are in advanced talks, the story said.
1 min read · 01 November 2018
Generation Investment Management LLP has invested in DeepMap. Financial terms weren’t announced. DeepMap, of Palo Alto, California, provides high-definition mapping technology for autonomous vehicles.
2 min read · 01 November 2018
Ex-Prophet Equity execs launch Crossplane Capital; Former Goldman banker starts fundless GHK Capital; Orange County boosts PE allocation, seeks buyouts
2 min read · 31 October 2018
PropertyGuru Group said Oct. 31 that it raised 200 million Singapore dollars ($145 million) in a Series D round led by KKR. PropertyGuru, of Singapore, is a real estate portal.
5 min read · 31 October 2018
Former executives of Prophet Equity have launched Crossplane Capital, a Dallas private equity firm. Crossplane will seek control investments in distribution and industrial business services companies with up to $200 million in revenue.
2 min read · 31 October 2018
HG is weighing the sale of Foundry, the special effects company that has worked on movies including Star Wars: The Last Jedi, the Wall Street Journal reported. The 400 million ($510 million) pound auction of Foundry is expected to kick off next year, the story said.
1 min read · 31 October 2018
Suitors for Tribune Publishing Co have until Thursday, Nov. 1 to submit an offer for the company, the New York Post is reporting. Lazard is advising on the process, the story said. Tribune had been hoping to sell to the McClatchy family, which initially appeared to have the backing of billionaire Patrick Soon-Shiong. But Soon-Shiong looks like he has backed out of adding new cash to the deal, the NY Post said.
1 min read · 31 October 2018
Walt Disney Co’s sale of nearly two dozen regional sports channels has attracted the interest of big media companies, sports teams, PE firms and a rapper, the Wall Street Journal is reporting. Initial bids on the channels are due Nov. 8; bidders include Apollo Global Management, Blackstone Group, KKR and Providence Equity Partners, the story said.
1 min read · 31 October 2018
Hellman & Friedman Fund IX raises $16 bln; WayPoint Capital recaps One Homecare; Capital Constellation backs Motive Partners
2 min read · 30 October 2018
