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.
Silver Lake is investing $100 million in Oak View Group, the company founded by Tim Lieweke and Irving Azoff, according to Amplify. Oak View Group, of Los Angeles, is an entertainment and sports facility company.
1 min read · 12 March 2018
JZ Capital Partners Ltd has agreed to sell Bolder Healthcare Solutions. Cognizant is the buyer. JZCP will realize about $108 million in gross proceeds from this sale. Bolder Healthcare, of Louisville, Kentuck, provides healthcare revenue cycle management services to the hospital and physician marketplace in the United States.
2 min read · 12 March 2018
Gen Cap America Inc said March 12 that it acquired CoreMedical Group. Financial terms weren’t announced. Management also invested. CoreMed, based in Manchester, New Hampshire, is a healthcare staffing and recruiting agency specializing in travel and permanent placement for nurses, allied health professionals and physicians.
2 min read · 12 March 2018
Equistone Partners Europe Limited said March 12 that its sixth fund closed on its hard cap of 2.8 billion euros ($3.45 billion) in commitments. Equistone Partners Europe Fund VI invests in European buyouts valued between 50 million euros and 500 million euros. Evercore Private Funds Group advised Equistone while Clifford Chance served as legal adviser.
3 min read · 12 March 2018
Clearlake Capital Group said March 12 that it acquired Provation Medical Inc. Wolters Kluwer is the seller. Financial terms weren’t announced. Provation, of Minneapolis, provides software for intelligent procedure documentation. TripleTree served as financial adviser to Clearlake. Financing for the transaction was provided by Wells Fargo, Varagon Capital Partners and Ares Management LP.
3 min read · 12 March 2018
2 min read · 09 March 2018
2 min read · 08 March 2018
2 min read · 08 March 2018
Spice Private Equity Ltd is buying Bravo Brio Restaurant Group Inc in a deal valued at about $100 million. Bravo Brio owns and operates BRAVO! Cucina Italiana and BRIO Tuscan Grille restaurant concepts. Spice is an affiliate of GP Investments Ltd.
6 min read · 08 March 2018
Turn/River Capital said March 8 that its third fund raised $168 million. Fund III was oversubscribed and completed in less than 90 days. At the same time, Turn/River said it invested $40 million in Netsparker, a web application security company.
2 min read · 08 March 2018
