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.
CORE Industrial Partners Sept. 5 that it acquired Midwest Composite Technologies Inc. Financial terms weren’t announced. Midwest Composite, of Hartland, Wisconsin, provides 3D prototyping and low-volume production services through a fleet of more than 40 additive manufacturing machines. Monroe Capital provided financing. Norton Rose Fulbright US LLP provided legal representation to CORE.
3 min read · 05 September 2018
Gallatin Point, led by ex-BlackRock, U.S. Treasury execs, raises $94 mln; Gryphon invests in Transportation Insight; Bregal, KKR to exit Cognita
2 min read · 04 September 2018
Gryphon Investors said Sept. 4 that it made a majority investment Transportation Insight LLC. Financial terms weren’t announced. Paul Thompson, founder and chairman of Transportation Insight, and Chris Baltz, CEO, will retain a significant ownership position and continue in their day-to-day management of the company. Transportation Insight, of Hickory, North Carolina, provides tech-enabled enterprise logistics and freight brokerage solutions.
4 min read · 04 September 2018
its buy of a portfolio of brands from The J.M. Smucker Co for approximately $375 million. The portfolio of brands includes the exclusive U.S. rights to the Pillsbury® branded shelf-stable baking and dessert products and use of the iconic Pillsbury Doughboy in these categories. Also, included in the company’s portfolio is the Funfetti®, Hungry Jack®, White Lily®, Jim Dandy® and Martha White® brands. Daniel Butler also joined Hometown Food as its president and CEO.
4 min read · 04 September 2018
Vista Outdoor Inc said Sept. 4 that it completed the sale of its eyewear brands Bollé, Cébé and Serengeti. Vista Outdoor's net proceeds from the sale was about $154 million. In July, Vista Outdoor said it reached a deal to sell the eyewear brands to a “significant” European PE fund.
4 min read · 04 September 2018
Bregal Investments and KKR have agreed to sell Cognita to Jacobs Holding. Financial terms weren’t announced. Cognita operates more than 70 schools across 8 countries, educating more than 40,000 children. Goldman Sachs International and Barclays advised Bregal Investments and KKR, while Bank of America Merrill Lynch advised Jacobs Holding.
3 min read · 04 September 2018
Cipio Partners said Sept. 3 that it sold softgarden e-recruiting GmbH to Investcorp. Financial terms weren’t announced. Softgarden, of Berlin, is a recruiting-as-a-service provider.
2 min read · 04 September 2018
KKR said Sept. 4 that Kazuyuki Kido was named a managing director based in Tokyo, effective immediately. Kido most recently spent about 20 years at Nikko Securities – now known as SMBC Nikko Securities – and Nikko Principal Investments Inc.
3 min read · 04 September 2018
Falcon Private Holdings LLC said Sept. 4 that it acquired a controlling stake in Halcón Cerámicas. Financial terms weren’t announced. The sellers, the Montalbo and Vicent families, will retain ownership positions. Halcón, of Castellón, Spain, is a ceramic tile producer. Falcon Private Holdings is the private investment manager of the US-based family office of Jamshid Keynejad and Barry Siadat.
3 min read · 04 September 2018
2 min read · 31 August 2018
