michaelschoeck

Stellex, Balmoral said to be circling Baker Hughes’ digital tools products; 3G Capital to take Skechers private for $9bn

A scoop on Baker Hughes involving a potential divestment of three digital products used in oil and gas and industrials markets; a Dealmakers to Watch series profile on former Utah Jazz owner Dave Checketts’ new investment firm formed with the Cynosure Group’s Spencer P Eccles; 3G Capital’s latest foray taking popular shoe brand Skechers private for $9 billion.

Stellex, Balmoral looking to scoop up Baker Hughes’ digital equipment products

The strategic company took first round bids for the three product groups in late March via sellside adviser Evercore, sources told PE Hub.

Audax to shop oil and chemical safety products distributor Justrite

Sources suggested Audax could fetch more than $1.5bn in a sale.

Beginnings are hard, and Q1 was really hard for closing deals; Number of companies for sale is also down

Further evidence that dealmaking is on pause in the midst of market uncertainty has emerged, as PE Hub reveals in our Q1 2025 quarterly M&A report, based on data from S&P Global Market Intelligence; a weekly update on companies for sale, and there’s some good news.

TA Associates takes stake in Kline Hill; HGGC to acquire executive compensation tech biz; Kohlberg buys Resa Power from Investcorp

A look at an exclusive on TA Associates, which announced it has acquired a stake in a secondaries investor; an exclusive on a financial technology deal by mid-market investor HGGC; a deal involving an education technology provider for healthcare professionals, which is being acquired by a Leeds Equity Partners.

Fewer companies hitting the market than a year ago; law firms still need to modernize, finds Houlihan Lokey

Fewer companies hitting the market now than there were at this time last year, according to dozens of conversations dealmakers; a deal announcement involving an energy efficiency company; a look at the legal services market.

JF Lehman tests buyout market for Waste Control Specialists, sources say

JF Lehman acquired WCS in 2018 from Valhi and in 2020 merged it with its portco NorthStar Group.

Worldpay, SolarWinds in big deals; PEI Group editors share insights on how PE pros are navigating tariff turbulence in special podcast

There are two blockbuster deals involving a take-private of a cyber-security company and a financial payments provider.

Kinderhook focused on mitigating tariff risk for years in VAI add-on strategy

Kinderhook sold Vehicle Accessories to RealTruck in a deal that closed in March.

Lowe’s to buy Sterling-backed ADG for $1.3bn; three fire safety providers coming up for sale

Fewer companies are hitting the auction block this spring than the same season in 2024.