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.
Brookside Mezzanine Partners said Michael J. Mahon was promoted to vice president.
1 min read · 12 July 2018
Goldman Sachs has agreed to buy Boyd Corp. Financial terms weren’t announced. Genstar Capital is the seller. Boyd, of Pleasanton, California, provides thermal management and environmental sealing solutions. Goldman provided financial advice to Goldman while Davis Polk & Wardwell LLP is serving as legal counsel. Baird was financial adviser and Weil, Gotshal & Manges LLP is serving as legal counsel to Boyd and Genstar.
3 min read · 12 July 2018
2 min read · 11 July 2018
SEC fines Oaktree for pay-to-play violations; H.I.G-backed Hooters of America seeks buyer; Blackstone targets more than $20B for next buyout fund
2 min read · 11 July 2018
Thoma Bravo is buying a majority of Centrify. Financial terms weren’t announced. Sellers include Mayfield, Accel Partners, Jackson Square Ventures and Index Ventures. Centrify, of Santa Clara, California, is a cybersecurity firm. Golub Capital provided financing. Kirkland & Ellis is serving as Thoma Bravo's legal adviser. Sidley Austin is Centrify's legal adviser, and Barclays is providing financial advice.
4 min read · 11 July 2018
Leeds Equity Partners LLC said July 10 that it has closed the sale of Fulcrum Financial Data LLC to Fitch Group. Financial terms weren’t announced. Fulcrum Financial, of New York and London, provides leveraged finance and distressed debt analysis, as well as news and data. Houlihan Lokey Inc served as financial adviser and Goodwin Procter LLP served as legal counsel to Fulcrum.
2 min read · 11 July 2018
Cotton Creek Capital has acquired Young’s Communications Co Inc. Financial terms weren’t announced. Young’s Communications provides infrastructure services to the telecommunications and utility industries in the Southeast.
3 min read · 11 July 2018
TA Associates has agreed to invest in Compusoft. Financial terms weren’t announced. Compusoft, of Sarpsborg, Norway, provides computer-aided design software to the kitchen and bathroom retail industries.
3 min read · 11 July 2018
Forbion said July 11 that its fourth flagship fund closed on 270 million euros ($316.3 million), surpassing its 250 million euros target. Forbion IV will focus on biotech and seek to invest in about 15 companies, mainly in the EU and UK.
3 min read · 11 July 2018
Juul Labs, the ecigarette startup, has closed on the first $650 million of a $1.25 billion funding round, the Financial Times reported, citing a regulatory filing. Tiger Global is leading the round which values Juul at $15 billion, the story said.
1 min read · 11 July 2018
