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.
Legend Holdings Corp and Pamplona Capital Management are weighing making offers for Grupo Iberconsa, the Spanish frozen-seafood seller backed by Portobello Capital, Bloomberg reported. Iberconsa could be valued at about 600 million euros ($698 million), the story said.
1 min read · 03 August 2018
2 min read · 02 August 2018
Genstar Capital said Aug. 2 that it acquired BBB Industries LLC. Financial terms weren’t announced. BBB, of Daphne, Alabama, is an automotive aftermarket supplier. UBS Investment Bank and Latham & Watkins LLP advised Genstar.
3 min read · 02 August 2018
Gridiron Capital LLC said Aug 2 that John Warner has joined the firm as a managing director. Warner was previously a managing director at CCMP Capital and its predecessor firms, JPMorgan Partners and Chase Capital Partners.
2 min read · 02 August 2018
Inc, a unit of Linde AG. Financial terms weren’t announced. Specialized Medical, of Milwaukee, Wisconsin, provides respiratory equipment, logistics solutions and related medical products for long-term care centers like skilled nursing facilities. Lincoln International, Jones Day and Deloitte advised Riverside.
2 min read · 02 August 2018
FIRSTavenue said Aug. 2 that Colin Dinneen has joined the firm as a managing director. He will be based in New York. Dinneen most recently worked at Sixpoint Partners where he led a team that performed advisory and fundraising execution on fund managers.
2 min read · 02 August 2018
At least one bidder is challenging KKR’s efforts to take control of Gibson Brands Inc, Bloomberg is reporting. An unidentified buyer complained that KKR and allied noteholders wield too much influence over Gibson’s reorganization process, the story said. KKR has warned rivals that they off at least $375 million of Gibson’s debt first, Bloomberg said.
1 min read · 02 August 2018
AXA said Aug 1 that it received an “irrevocable offer” from Cinven to buy AXA Life Europe. AXA said the sale could generate 1.165 billion euros ($1.4 billion), including a 240 million euro capital distribution. Axa Life Europe, of Dublin, designs, makes and distributes AXA’s Variable Annuity products across Europe.
2 min read · 02 August 2018
Pfingsten Partners LLC said July 31 that it acquired Quality Valve Inc. Financial terms weren’t announced. Quality Valve, of Mobile, Alabama, provides safety and relief valve parts serving certified valve repair companies.
2 min read · 01 August 2018
Judo Capital has closed on 140 million Australian dollars ($103.9 million) in an initial equity raise. Judo, of Melbourne, is a specialist lender to the Australian SME sector. First Avenue Partners acted as placement agent for Judo.
2 min read · 01 August 2018
