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.
Palladium Equity Partners has agreed to sell Sahale Snacks to The J. M. Smucker Company. Financial terms weren’t announced. Seattle-based Sahale makes and markets premium, branded nut and fruit snacks, which are primarily sold in the United States under the Sahale Snacks® brand. Palladium first invested in Sahale in 2007 acquiring a “significant minority” stake. The PE firm then made a follow-on investment in 2012.
5 min read · 06 August 2014
Blackstone’s and Goldman Sachs Merchant Banking Division's buy of Ipreo has closed. The deal was valued at $975 million. KKR was the seller. Ipreo provides market intelligence, data, and technology solutions.
3 min read · 06 August 2014
In Second Opinion, T-Mobile's CEO is talking smack about Sprint, AOL still has 2.3 million subscribers to it Internet business, and Microsoft is continuing to lose money on its Surface tablets.
1 min read · 06 August 2014
Spring Mountain Capital said Tuesday that its private equity group led a growth equity investment in IsoPlexis Corp. Financial terms weren’t announced. Connecticut Innovations, YEI Innovation Fund (a part of the Yale Entrepreneurial Institute),Yale University, and North Sound Ventures also participated in the round. Branford, Conn.-based IsoPlexis developed a single cell immunoassay and related software that aims to provide in-depth understanding of immune and cancer cells.
3 min read · 05 August 2014
Centre Partners Management said Tuesday it has closed its previously announced sale of Ross Aviation to Landmark Aviation, which is backed by The Carlyle Group. Financial terms weren’t announced. Denver-based Ross Aviation provides aviation fueling, hangar and other line services to business and commercial aviation customers. Rothschild advised Landmark on the deal while Harris Williams & Co. advised Ross Aviation.
2 min read · 05 August 2014
SurveyMonkey, which is backed by Spectrum Equity, has acquired Fluidware. Financial terms weren’t announced. Ottawa-based Fluidware provides online survey and application review tools.
3 min read · 05 August 2014
In Second Opinion, Apple is holding an iPhone event on Sept. 9, Groupon's Q2 results disappoint, Dollar General is considering making a rival bid for Family Dollar and a study finds that horses talk with their ears.
1 min read · 05 August 2014
Providence Equity Partners, the media focused private equity firm, is out fundraising for a growth equity pool, according to three sources and an SEC filing.
2 min read · 05 August 2014
The IPO of El Pollo Loco shows that there is an afterlife, of sorts, for a fund such as Trimaran Capital Partners.
3 min read · 05 August 2014
Providence Equity Partners, the media focused private equity firm, is out fundraising for a growth equity pool, according to three sources and an SEC filing.
2 min read · 05 August 2014
