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.
2 min read · 21 November 2017
KKR said Nov. 21 that it is partnering with Code First: Girls' 20:20 campaign, which aims to train 20,000 women to code for free by the end of 2020. KKR said it will provide a “significant yearly financial commitment” while also providing access to its global resources. Additionally, select female KKR employees, portfolio company employees or strategic partners can participate annually in Code First: Girls' community coding courses.
4 min read · 21 November 2017
Surge Private Equity LLC has invested in Busy Bee Cleaning Corp. Financial terms weren’t announced. Busy Bee, of New York, provides commercial janitorial services to local and national businesses. Harvest Capital Credit Corp provided financing.
2 min read · 21 November 2017
SK Capital said Nov. 21 that completed its buy of Perrigo Co plc’s active pharmaceutical ingredients business. The deal was announced in August. The API unit was renamed Wavelength Pharmaceuticals.
3 min read · 21 November 2017
Gen Cap America Inc said Nov. 21 that it has acquired The Bargain Barn Inc. Financial terms weren’t announced. Bargain Barn, of Athens, Tennessee, is a close-out grocery outlet operating as United Grocery Outlet and GO Grocery Outlet. The company has 37 retail locations across Tennessee, North Carolina, Georgia, Kentucky, and Alabama.
2 min read · 21 November 2017
John Swainson has joined Siris Capital Group LLC as an executive partner. Swainson was most recently president of the Dell Software group.
3 min read · 20 November 2017
Former Treasury Secretary Jacob Lew is joining Lindsay Goldberg LLC, the Wall Street Journal reported. Lew will be a partner at Lindsay Goldberg and plans to play an active role in helping run the middle market firm, the story said. Lew ran the Treasury department during President Barack Obama’s second term. Lew worked for two years at Citigroup Inc in between cabinet level stints in the Clinton and Obama administrations.
1 min read · 20 November 2017
Clayton, Dubilier & Rice is in exclusive talks to buy a 40 percent stake in Belron Group. The deal calls for D’Ieteren and management to retain a 60 percent ownership interest in the company. The transaction values Belron at 3 billion euros ($3.5 billion), which would drop to 1.55 billion euros after deducting debt and a 453 million euro dividend payment. Belron, of Cape Town, South Africa, provides vehicle glass repair and replacement.
4 min read · 20 November 2017
1 min read · 17 November 2017
2 min read · 16 November 2017
