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Luisa Beltran

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.

Bain-backed Bridge Data buys two data centers in Malaysia

Bridge Data Centres, a Bain Capital Private Equity portfolio company, said May 9 that it has acquired two data centers from Permodalan Nasional Berhad. Financial terms weren’t announced. The two data centers, located in Cyberjaya, Malaysia, comprise approximately one million square feet of data centre facilities and 20 megawatts (MW) of critical IT load.

4 min read · 10 May 2018

New Mountain to sell Alexander Mann for 820 mln pounds

OMERS Private Equity has agreed to buy Alexander Mann Solutions from New Mountain Capital for 820 million pounds ($1.1 billion). Alexander Mann provides talent acquisition and management solutions. NM Rothschild & Sons Ltd provided financial advice to OMERS Private Equity, while Weil, Gotshal & Manges supplied legal counsel. Kirkland & Ellis provided legal advice to New Mountain.

2 min read · 10 May 2018

Blispay is said to seek $30 mln with Series B

2 min read · 09 May 2018

Blispay is said to seek $30 mln with Series B

2 min read · 09 May 2018

Schneider joins Twin Bridge Capital

Zach Schneider has joined Twin Bridge Capital Partners as a principal. Schneider was previously an assistant vice president at Antares Capital.

2 min read · 09 May 2018

Carlyle to sell ADT Caps to SK Telecom, Macquarie Infrastructure

Carlyle Group said May 9 that it agreed to sell ADT Caps to SK Telecom and Macquarie Infrastructure and Real Assets for 2,970 billion Korean wons (USD 2.76 billion). ADT, of Seoul, Korea, provides security services in that country. Morgan Stanley, Credit Suisse, Latham & Watkins, Lee & Ko, and PwC advised Carlyle on this transaction.

3 min read · 09 May 2018

CStone Pharma raises $260 mln

CStone Pharmaceuticals said May 8 that it raised $260 million in financing led by GIC Private Ltd. Participating in the round were Sequoia China, Yunfeng Capital, 6 Dimensions Capital, CITIC PE, Taikang Insurance Group, ARCH Venture Partners, Hillhouse Capital, King Star Capital, 3W Partners, AVICT, and Terra Mafnum Capital Partners. Existing investors also taking part include Oriza Seed Venture Capital , Boyu Capital, and WuXi Healthcare Ventures. CStone, of Suzhou, China, is a biopharmaceutical company focused on drugs and combination therapies in immuno-oncology.

4 min read · 09 May 2018

Hilton Los Cabos sold to Trinity, Walton Street and Oaktree

Trinity Investments LLC, Walton Street Capital and Oaktree Capital Management have formed a joint venture and are buying the Hilton Los Cabos Beach & Golf Resort. Financial terms weren’t announced. The Hilton Los Cabos Beach & Golf Resort, of Los Cabos, Mexico, is a 375-room resort.

4 min read · 09 May 2018

Lantern Capital wins bid for Weinstein Co: New York Post

A US Bankruptcy Court in Delaware has approved Lantern Capital’s stalking horse bid to buy The Weinstein Company, the New York Post reported. Lantern offered $310 million cash plus $115 million in assumed debt for Weinstein, the story said. The bankruptcy decision quashed a $325 million rival offer from Howard Kagan’s Inclusion Media, which promised a $30 million fund for victims of TWC co-founder and alleged sexual predator Harvey Weinstein, the NYP said.

1 min read · 09 May 2018

Simplura Health buys Keystone In-Home Care

Simplura Health Group, a portfolio company of One Equity Partners, has completed its buy of Keystone In-Home Care. Financial terms weren’t announced. Keystone, of Lancaster, Pennsylvania, provides in-residence care services for seniors and the disabled who reside in Pennsylvania’s Lebanon, Lancaster, York, Cumberland, Adams and Dauphin counties.

3 min read · 09 May 2018

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