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.
Summit Partners said to invest in Florida's Pediatric Associates; Castle Harlan, Branford buy Sunless; Do GPs with more skin in the game become more cautious investors?
2 min read · 14 August 2019
Equistone Partners Europe said Aug. 14 that it agreed to buy a majority of Omnicare. Financial terms weren’t announced. Omnicare is a pharmaceutical wholesaler operating throughout Germany that distributes products to compounding pharmacies that serve oncological patients across Germany.
3 min read · 14 August 2019
Actis said Aug. 14 that its first Actis Long Life Infrastructure Fund closed on $1.23 billion in commitments. ALLIF’s investors include LPs from North America, Europe, Latin America, and Asia.
3 min read · 14 August 2019
Genstar Capital said Aug. 14 that it has invested in insightsoftware. Financial terms weren’t announced. Insightsoftware provides ERP reporting and corporate performance management software. Insightsoftware is backed by TA Associates and ST6.
4 min read · 14 August 2019
Metco Landscape, a portfolio company of Westhook Capital, said Aug. 14 that it acquired PGM Inc. Financial terms weren’t announced. PGM provides commercial landscape maintenance services in Colorado Springs.
2 min read · 14 August 2019
Renovacor said Aug. 14 that it raised $11 million in a Series A co-led by Novartis Venture Fund, Broadview Ventures, and BioAdvance, and joined by New Leaf Venture Partners and Innogest Capital. Renovacor is a preclinical-stage biopharmaceutical company focused on developing gene therapy-based treatments for cardiovascular disease.
5 min read · 14 August 2019
Mercer Global Advisors Inc, a portfolio company of Genstar Capital, said Aug. 14 that it acquired Regent Wealth Management Group Inc. Financial terms weren’t announced. Regent Wealth, of Woodbridge, Connecticut, is a wealth management RIA that serves about 110 high net worth households with assets under management of approximately $300 million.
3 min read · 14 August 2019
Nuvei said Aug. 14 that it closed its buy of SafeCharge International Group Ltd for $889 million. SafeCharge, of the U.K., is a payments company. Nuvei is backed by Novacap and Caisse de dépôt et placement du Québec. The deal was announced in May.
3 min read · 14 August 2019
Mobileum Inc, a portfolio company of Audax Private Equity, said Aug. 14 that it acquired WeDo Technologies. Financial terms weren’t announced. WeDo, of Lisbon, Portugal, provides of analytics-based roaming and risk management solutions.
4 min read · 14 August 2019
Exxon Mobil is considering selling assets in the British North Sea and has held talks with a number of North Sea operators in recent weeks to gauge interest, Reuters reported. The assets could fetch up to $2 billion, the story said.
1 min read · 14 August 2019
