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.
Abu Dhabi National Oil Co said Aug. 7 that it bought 10 percent of VTTI BV. Financial terms weren’t announced. VTTI owns 15 hydrocarbon storage terminals across 14 different countries.
6 min read · 07 August 2019
Mastercard said Aug. 6 that it agreed to buy Nets' account-to-account payment business for 2.85 billion euros (about $3.19 billion). The deal includes the clearing and instant payment services, as well as e-billing solutions, of Nets’ corporate services business.
6 min read · 06 August 2019
2 min read · 06 August 2019
Blackstone’s GSO runs fund revamp on older credit pools; BX to buy chunk of BC Partners; Blue Wolf scoops up RHA Health in $300 mln deal
2 min read · 06 August 2019
Verdi Oncology Inc, a Pharos Capital Group portfolio company, has launched Verdi Cancer and Research Center of Texas. Dr. Jivesh Sharma and Dr. Amy Cripps are leading Verdi Cancer, which will provide medical oncology care and early phase clinical trials to patients in the greater Dallas-Fort Worth market.
3 min read · 06 August 2019
David Tan, who spent more than a decade at KKR, has left the buyout shop, according to Nikkei Asian Review. Tan has joined TPG in Singapore as a managing director, the story said. Tan is one of the founding members of KKR's Singapore office, Nikkei said.
1 min read · 06 August 2019
Park Place Technologies said Aug. 6 that it agreed to buy Entuity. Financial terms weren’t announced. Entuity, with offices in Boson and London, is a network performance monitoring software company. GTCR sold half of its stake in Park Place Tech to Charlesbank Capital, Buyouts reported in July.
3 min read · 06 August 2019
New State Capital Partners said Aug. 6 that it invested in Mako Steel. Financial terms weren’t announced. Mako, of Carlsbad, California, builds single-story, multi-level, and custom storage facilities in 44 states, Canada, and Mexico.
2 min read · 06 August 2019
Blackstone Alternative Asset Management has acquired a passive, minority stake in BC Partners. Financial terms weren’t announced. The investment was made by BAAM’s Strategic Capital Group. BC Partners, of London, is an investment firm with over 22 billion euros of assets under management in private equity, private credit and real estate.
3 min read · 06 August 2019
Metalmark Capital said Aug. 5 that it sold Collagen Matrix Inc. Financial terms weren’t announced. Linden Capital Partners said Aug. 1 that it acquired Collagen, which develops and makes collagen and mineral-based products for tissue repair and regeneration.
3 min read · 06 August 2019
