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.
To end your Wednesday, Google bought seven robotics companies and no one noticed, Uber is reportedly making a lot of money and a Star Trek mashup of "Let It Snow."
1 min read · 04 December 2013
American Securities has agreed to sell General Chemical Corp. to Chemtrade Logistics Income Fund for $860 million. The deal is expected to close in December or January. Parsippany, N.J.-based General Chemical makes a portfolio of inorganic chemical products, which operates three business units: Water Treatment Chemicals, Sulphuric Acid, and Specialty Chemicals. Barclays and Key Bank acted as financial advisors to American Securities and General Chemical. UPDATE: David Bradley and Richard Burke of Jefferies, along with BMO Capital Markets, provided financial advice to Chemtrade.
3 min read · 04 December 2013
The sale of Captain D's Seafood Restaurant is expected to generate an IRR of 100% for Sun Capital Partners, a source tells peHUB.
2 min read · 04 December 2013
Crestview Partners, out marketing its latest fund, is doing its first retail deal and acquiring NYDJ Apparel, whose products include Not Your Daughter's Jeans.
2 min read · 04 December 2013
To end your day, Microsoft is working on a high-tech bra, Intel is buying Hacker League and now UPS is experimenting with using drones.
1 min read · 03 December 2013
Thoma Bravo, which acquired Digital Insight in August, is selling the company to NCR for $1.65 bln.
2 min read · 02 December 2013
To end your Monday, Google plans a floating retail store, Apple buys Topsy for over $200 mln and three of Twitter's five underwrites rate the stock a "hold."
1 min read · 02 December 2013
To end your Wednesday, the longest-serving employee at Goldman Sachs has died at 98, Target plans to launch an accelerator in India next year and the best Turkey frying disasters on the Internet. Happy Thanksgiving!
1 min read · 27 November 2013
Shore Capital Partners, the healthcare focused PE firm, may seek to raise an institutional-based private equity fund in the future.
2 min read · 27 November 2013
Shore Capital Partners may seek to raise an institutional-based private equity fund in the next few years, Managing Partner Justin Ishbia told sister news service peHUB.
2 min read · 27 November 2013
