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.
Air Products said Aug. 5 that it acquired General Electric Co’s gasification business from GE Power. Financial terms weren’t announced. The gasification business acquired by Air Products includes GE's share of its 50/50 joint venture with China Shenhua Coal to Liquid and Chemical Company Ltd.
2 min read · 05 August 2019
Formation Capital and Safanad Limited said Aug. 5 that they sold the parent company of RHA Health Services LLC to Blue Wolf Capital. Financial terms weren’t announced. RHA provides services to individuals with intellectual and developmental disabilities, behavioral health needs and substance use challenges.
3 min read · 05 August 2019
Shermco Industries Inc, a portfolio company of Gryphon Investors, said Aug. 5 that it acquired Southwest Energy Systems LLC. Financial terms weren’t announced. Southwest, of Phoenix, Arizona, is a provider of electrical testing, maintenance, and repair services in North America.
3 min read · 05 August 2019
3 min read · 05 August 2019
Lucira Health said Aug. 5 that it raised $15 million in a Series B equity financing led by Seraph Group. Eclipse Ventures, DCVC (Data Collective), Y Combinator and Sunstone Management participated in the round. ShangBay Capital also invested in the company. Lucira Health, of Emeryville, California, develops instrument-free, molecular infectious disease testing products.
4 min read · 05 August 2019
Riverdale Healthcare, a portfolio company of Apposite Capital, has acquired Hebburn Dental Practice and Pelaw Dental Practices. Financial terms weren’t announced. The acquisition consists of two mixed income dental practices in the U.K.
2 min read · 05 August 2019
Wind Point Partners said Aug. 5 that it sold Evans Food Group to Highlander Partners. Financial terms weren’t announced. Evans, of Chicago, produces and sells a portfolio of finished pork rinds and pork rind pellets to customers in the U.S., Canada and more than ten countries across Latin America.
4 min read · 05 August 2019
KKR said Aug. 4 is buying a majority of heidelpay. Financial terms weren’t announced. AnaCap Financial Partners is the seller. Heidelpay, of Heidelberg, Germany, is a European payments provider.
5 min read · 05 August 2019
GP-led deals take stunning chunk of secondary market; Lightyear to make more than 3x on Wealth Enhancement; The disconnect between CFOs and PE firms
2 min read · 01 August 2019
Audax Private Equity has invested in Stonewall Kitchen. Financial terms weren’t announced. Centre Partners invested in Stonewall in 2014. Stonewall, of York, Maine, is a specialty food producer.
4 min read · 01 August 2019
