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.
iAdvize said Oct. 24 that it raised 32 million euros ($37.6 million) in Series C funding. Investors include Idinvest Partners, Bpifrance via Large Venture, and Quadrille Capital. iAdvize, of London, provides a conversational marketing platform that helps businesses engage with their customers.
4 min read · 24 October 2017
2 min read · 23 October 2017
American Securities LLC said Oct. 22 that it completed the sale of Royal Adhesives & Sealants to H.B. Fuller Co for $1.575 billion. Royal Adhesives, of South Bend, Indiana, develops and makes high-performance adhesives and sealants.
2 min read · 23 October 2017
Blue Wolf Capital Partners LLC said Oct. 23 that its latest fund closed at its hard cap of $540 million. Blue Wolf, of New York, makes control investments in sectors including healthcare, building products, forest products, energy services, and defense and government services.
2 min read · 23 October 2017
Carlyle Group has joined the bidding for Old Mutual Global Investors fund business, according to the Financial Times. Four parties are now vying for the Old Mutual fund unit including Challenger, Macquarie Investment Management, TA Associates and Carlyle, the story said. Goldman Sachs is advising on the sale, the FT said.
1 min read · 23 October 2017
Circularity Capital said Oct. 23 that it has invested in Winnow Solutions. Financial terms weren’t announced. Winnow, of London, has developed a solution for designing out food waste in commercial catering facilities.
3 min read · 23 October 2017
Vestigo Capital Advisors LLP is buying ACCENTRO Real Estate AG from ADLER Real Estate AG. The purchase price is about 180 million euros ($211.4 million). ACCENTRO, of Berlin, is a listed residential property company. Kirkland & Ellis advised Vestigo.
2 min read · 23 October 2017
Quad-C Management Inc said Oct. 2 that it has invested in AIT Worldwide Logistics. Financial terms weren’t announced. AIT, of Chicago, provides air and sea freight, ground distribution, warehouse management and custom supply chain solutions.
3 min read · 23 October 2017
Revelstoke Capital Partners said Oct. 23 that Eric A. Shuey has joined as a managing director. Shuey will be responsible for new investment sourcing, transaction execution and post-investment monitoring and oversight. Shuey previously served as a senior executive at Fresenius Medical Care.
3 min read · 23 October 2017
2 min read · 19 October 2017
