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.
SouthStar Urgent Care, which is backed by Shore Capital Partners, said July 10 that Laura Miller was appointed president and chief operating officer of the company. Clayt Hulin, SouthStar’s ex-CEO, will continue to support the company as executive adviser.
4 min read · 10 July 2019
Main Capital has invested nearly 50 million euro ($56.1 million) in GBTEC. GBTEC, of Bochum, Germany, provides business process management solutions and consulting services in the DACH region.
4 min read · 10 July 2019
EyeSouth Partners, a portfolio company of Shore Capital Partners, has invested in Montgomery Eye Physicians and Prescription Eyewear. Financial terms weren’t announced. Montgomery Eye is an ophthalmology practice in the Montgomery, Alabama metropolitan area.
3 min read · 03 July 2019
KKR said July 3 that it closed its buy of Corel from Vector Capital. Financial terms of the deal weren’t announced. Corel, of Ottawa, provides graphics and office productivity packaged software. Buyouts reported in May that Corel was expected to sell for more than $1 billion.
4 min read · 03 July 2019
Bright Minds Capital Partners said July 2 that it launched an evergreen fund specializing in early stage investments in legal and data technology with a focus on AI, blockchain and big data management applications. Exigent is a cornerstone investor.
3 min read · 03 July 2019
Connect Managed Services is merging with G3 Comms, which is backed by Apiary Capital. Financial terms weren’t announced. Connect Managed Services is a customer experience and unified communications managed services provider for businesses, while G3 is a business communications and network integrator.
3 min read · 03 July 2019
Canada Pension Plan Investment Board said July 3 that it plans to sell Liberty Living to The Unite Group plc for C$1.3 billion ($992.3 million) before closing adjustments. CPPIB will retain a 20 percent stake in the combined group. Liberty Living provides student accommodations in the U.K.
4 min read · 03 July 2019
CBIZ Inc said July 2 that it acquired Paydata Inc, which does business as Paytime. Financial terms weren’t announced. Paytime is a payroll service provider with 37 employees and about $4 million in revenue.
2 min read · 03 July 2019
Broadcom is in advanced talks to buy U.S. cybersecurity group Symantec, Bloomberg reported. The deal could be worth more than $15 billion, the Financial Times said.
1 min read · 03 July 2019
Fortress, which is owned by SoftBank, has emerged as a frontrunner to buy Majestic Wine’s 200 stores, The Telegraph reported. The deal is worth 100 million pounds ($125.7 million), the story said.
1 min read · 03 July 2019
