Private Equity
Coveo said Nov. 6 that it raised C$227 million ($172 million) in funding led by OMERS Growth Equity. Existing investors participated as well as other financial institutions, including Evergreen Coast Capital, Fonds de solidarité FTQ and IQ. Québec City-based Coveo uses artificial intelligence and intelligent search technologies to personalize digital experiences for customers, partners, dealers and employees.
4 min read · 06 November 2019
Media mogul Chernin raises $700 mln fund; CalSTRS' PE costs fall; Walgreens Boots weighs going private
2 min read · 06 November 2019
Staple Street Capital said Nov. 6 that an affiliate acquired Cyberlink ASP Technology Inc. Financial terms weren’t announced. Cyberlink, of Dallas, is a managed IT services firm providing cloud, managed application, network, storage, desktop and security services.
2 min read · 06 November 2019
Halifax Group said Nov. 6 that it invested in AAMP Holdings Inc. Audax Private Equity is the seller. Financial terms weren’t announced. AAMP, Clearwater, Florida, designs and distributes a suite of technology products for the automotive aftermarket.
3 min read · 06 November 2019
L Catterton Latin America has invested in OdontoCompany. Financial terms weren’t announced. OdontoCompany is a dental clinic franchisor in Brazil with over 700 clinics.
4 min read · 06 November 2019
L Catterton Latin America has invested in OdontoCompany. Financial terms weren’t announced. OdontoCompany is a dental clinic franchisor in Brazil with over 700 clinics.
4 min read · 06 November 2019
Enhanced Healthcare Partners and Bourne Partners Strategic Capital have acquired Pharmaceutical Associates Inc. Financial terms weren’t announced. PAI makes and markets generic liquid pharmaceuticals for hospitals, independent pharmacies, retail chains, long-term care facilities and government agencies.
4 min read · 06 November 2019
Enhanced Healthcare Partners and Bourne Partners Strategic Capital have acquired Pharmaceutical Associates Inc. Financial terms weren’t announced. PAI makes and markets generic liquid pharmaceuticals for hospitals, independent pharmacies, retail chains, long-term care facilities and government agencies.
4 min read · 06 November 2019
MBK Partners is seeking to raise as much as $6 billion for its fifth buyout fund, Reuters reported. MBK, set up in 2005 by ex-Carlyle Group Asia executives, plans to reach a first close by the end of November and a final close by the second half of next year, the story said. MBK targets companies in consumer, tech and financial services in South Korea, China and Japan, Reuters said.
1 min read · 06 November 2019
Walgreens Boots Alliance Inc is weighing going private following interest from private equity, Reuters reported. Walgreens has hired Evercore to explore whether a deal can be put together, the story said. KKR recently held informal talks to take Walgreens Boots private, Bloomberg said. Such a deal could be the biggest leverage buyout in history; Walgreens Boots has a market value of about $55 billion and $16.8 billion of debt, Bloomberg said.
1 min read · 06 November 2019
