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.
Equistone Partners Europe Ltd said July 31 that it agreed to buy a majority stake in Bulgin for 105 million pounds ($127.8 million). Elektron Technology PLC is the seller. Bulgin, of the U.K., develops and makes environmentally sealed high-performance engineered solutions.
3 min read · 31 July 2019
Carlyle Group said July 31 that it is converting to a full C-corp under Delaware law from a publicly traded partnership. The switch is effective Jan. 1, 2020.
5 min read · 31 July 2019
TA Associates is buying a majority of Wealth Enhancement Group from Lightyear Capital. Financial terms weren’t announced. Wealth Enhancement, of Plymouth, Minnesota, is a wealth management firm that oversees $11.8 billion in client assets. Raymond James provided financial advice to Wealth Enhancement Group.
5 min read · 31 July 2019
Caprion Biosciences, a portfolio company of Arsenal Capital Partners, is combining with HistoGeneX. Financial terms weren’t announced. HistoGeneX is backed by Waterland Private Equity Investments. HistoGeneX provides pathology and biomarker assessment services for drug development.
5 min read · 31 July 2019
The EQT Infrastructure II fund agreed to sell Charleston Holding to KOS and Primonial REIM. Financial terms weren’t announced. Charleston, of Füssen, Germany, operates 47 care homes with 4,050 beds, four daycare centers and seven ambulatory care locations.
3 min read · 31 July 2019
2 min read · 30 July 2019
1 min read · 30 July 2019
KKR healthcare chief Momtazee to leave firm; Welsh Carson's 13th flagship raises $4.3 bln; Sumeru Equity puts MDSL up for sale
2 min read · 30 July 2019
Truework said July 30 that it raised $12 million in Series A funding led by Sequoia Capital. Participating in the round were Stanford University and existing Truework investors, including Khosla Ventures, Menlo Ventures, and Founder Collective. Truework is an identity platform that aims to give consumers control over their personal and professional information.
4 min read · 30 July 2019
GTCR said July 30 that it agreed to buy Vyve Broadband from BBH Capital Partners. Financial terms weren’t announced. Vyve, of Shawnee, Oklahoma, provides high-speed data, television and voice services to residential and business customers in rural markets across Oklahoma, Kansas, Texas, Arkansas, Louisiana, Tennessee, Georgia and Wyoming.
3 min read · 30 July 2019
