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.
Crane 1 Services, a Pfingsten portfolio company, has acquired Mt. Clemens Crane & Service Co Inc. Financial terms weren’t announced. Mt. Clemens, of Harrison Township, Michigan, provides overhead crane services and equipment.
2 min read · 24 September 2018
Tailwind Capital said Sept. 24 that it closed its latest fund on $1.8 billion of commitments. Tailwind Capital Partners III LP invests in North American companies with enterprise values up to $250 million. Credit Suisse Securities (USA) LLC acted as fundraising adviser, while Davis Polk & Wardwell LLP was their attorney.
2 min read · 24 September 2018
Cordental Group, a portfolio company of NMS Capital, said Sept. 21 that it has acquired Sirkin & Kruger. Financial terms weren’t announced. Sirkin & Kruger, of Blue Ash, Ohio, is a dental practice established in 1969 by Dr. Harvey Harris, who retired in 2017. Drs. Marc Sirkin and Derrick Kruger both joined the practice in 1988.
2 min read · 24 September 2018
Yukon Partners said Sept. 24 that Elliot Lynch has joined the firm as a vice president. Lynch was previously with Shoreview Industries.
2 min read · 24 September 2018
Thoma Bravo LLC said Sept. 24 that it promoted Chip Virnig to partner. Virnig was previously a principal.
2 min read · 24 September 2018
Altor Equity Partners is seeking 2.5 billion euros ($2.9 billion) for its latest flagship fund, PE News reported. Altor, a top performing buyout fund, collected 2 billion euros for its fourth fund in 2014, the story said.
1 min read · 24 September 2018
TPG is targeting $3 billion for its second social impact fund, according to Bloomberg. TPG will start raising capital for the pool next year, the story said. TPG collected $2 billion for its first Rise Fund in 2017.
1 min read · 24 September 2018
2 min read · 21 September 2018
2 min read · 20 September 2018
Advent gears up for next flagship fund; Blackstone to buy minority of New Mountain; What tech M&A knows that VC still doesn’t get
3 min read · 20 September 2018
