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.
Johnson & Johnson Consumer Inc has agreed to buy Vogue International for $3.3 billion. The sellers are Vogue founder & CEO Todd Christopher and the Carlyle Group. Clearwater, Florida-based Vogue creates and distributes salon-heritage hair care and personal care products, primarily under the OGX® brand. Goldman Sachs advised Vogue. Latham & Watkins, King & Spalding and Jones Day provided legal advice to Vogue.
3 min read · 02 June 2016
Veritas Capital has closed its buy of the healthcare services business of Verisk Analytics Inc. Waltham, Massachusetts-based Verisk Health provides data services, analytics, and advanced technologies that aim to inform smarter business decisions and reduce risk. The $820 million sale was announced in April.
2 min read · 02 June 2016
Francisco Partners has invested in QGenda. Financial terms weren’t announced. QGenda provides cloud-based automated physician scheduling solutions. Raymond James & Associates, Jenner & Block, and Morris, Manning and Martin LLP advised QGenda. Kirkland & Ellis LLP served as legal advisors to Francisco Partners.
2 min read · 02 June 2016
In First Read, Uber receives a $3.5 billion investment from Saudi Arabia's main investment fund, Softbank said it will not use any funds from its Alibaba stock sale to buy Yahoo assets and the dollar hit a two-week low against the safe-haven yen.
1 min read · 02 June 2016
EagleView Technology Corp said May 31 that it named Bill Bunker as its CEO, succeeding Chris Barrow effective June 8. Bunker was previously CEO of ClarityHealth. Also, EagleView also said that Rishi Daga, EVP of Commercial Sales,was named President, effective immediately. EagleView is a portfolio company of Vista Equity Partners.
3 min read · 01 June 2016
Aerostar Aerospace, a portfolio company of Nautic Partners, said June 1 it acquired Warmelin Precision Products. Financial terms weren’t announced. Hawthorne, California-based Warmelin makes highly complex precision components for the global aerospace industry. CriticalPoint Partners LLC acted as Warmelin’s financial advisor. Twin Brook Capital provided financing for the transaction.
3 min read · 01 June 2016
Baring Private Equity Asia has closed its acquisition of a 35 percent stake in Telus International. The deal values Telus International at about $1 billion. Telus provides customer service, IT, and business process services.
3 min read · 01 June 2016
Docupace Technologies LLC said June 1 that it raised $16.5 million in capital from Palisades Growth Capital and TVC Capital. Los Angeles-based Docupace provides federal and state law compliant electronic processing platforms for financial institutions and the wealth management industry.
4 min read · 01 June 2016
To start your Wednesday, we have news that Periscope will be using an online flash jury to determine if comments are offensive, a former Barclays banker was arrested for allegedly providing M&A tips to a plumber and five reasons Corey Booker could be Hillary's next V.P.
1 min read · 01 June 2016
2 min read · 31 May 2016
