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.
Rock Hill Capital Group said Oct. 9 that it closed a majority recap of TMCo Inc. Financial terms weren’t announced. TMCo, of Houston, makes orifice fittings, a type of differential pressure meter which measures the rate of flow, for use in the oil and gas industry.
3 min read · 09 October 2018
Apollo Global Management LLC and Bain Capital have until 5 pm on Nov. 5 to make a firm offer for U.K. packaging company RPC Group Plc, Bloomberg is reporting. RPC received an extension on takeover negotiations from the U.K.’s Panel on Takeovers and Mergers, the story said. RPC has a market value of 3.2 billion pounds ($4.2 billion).
1 min read · 09 October 2018
Allstate Corp has completed its $525 million buy of InfoArmor. The deal was announced in August. Summit Partners invested in InfoArmor in 2016. InfoArmor, of Scottsdale, Arizona, provides employee protection and cyber intelligence services.
3 min read · 09 October 2018
Monroe Capital said Oct. 9 that it increased its loan to First Call Resolution LLC. First Call, of Eugene, Oregon, is a provider outsourced live agent call center and business process solutions.
2 min read · 09 October 2018
Cairngorm Capital Partners LLP said Oct. 9 that it has acquired Helix Tool Co Ltd. Financial terms weren’t announced. Helix Tool, of the U.K., is a cutting tools specialist.
3 min read · 09 October 2018
New Water Capital LP has invested in The Perfect Bite Co. Financial terms weren’t announced. Perfect Bite, of Glendale, California, develops recipes and products for national grocery and club brands, as well as airlines and other hospitality companies.
2 min read · 09 October 2018
2 min read · 08 October 2018
PE consortium forms to buy Arconic; Goldman’s Petershill to invest in General Catalyst Partners; Interest groups get aggressive approaching firms’ LPs
2 min read · 08 October 2018
Perforce Software, a portfolio company of Clearlake Capital Group LP, agreed to buy Perfecto Mobile. Financial terms weren’t announced. Perfecto, of Israel, provides cloud-based automated mobile and web application test software solutions. Press reports peg the deal at $200 million.
3 min read · 08 October 2018
Yale University has invested in the Paradigm fund, which focuses on cryptocurrencies, blockchain technology and coin exchanges, Bloomberg reported. Paradigm, launched by Coinbase exchange co-founder Fred Ehrsam, has raised $400 million, the story said.
1 min read · 08 October 2018
