Dealmaking

Lovell Minnick, once an SRS client, now an owner

PE HUB First Read

To start your morning, Uber reported a $1.1 billion quarterly loss, Facebook has cut ties with Definers Public Affairs and the U.S. Army is forming a "Fortnite" team to help with recruitment.

AGS Health, PE-backed offshore RCM provider, weighs sale

PE HUB Second Opinion

In Second Opinion, Blue Apron is cutting 4 percent of its workforce, medical cannabis company Surterra taps a Wrigley billionaire as CEO and Levi Strauss is planning to go public.

Cerberus in talks to take on $2.8 billion of NordLB's ship loans, say sources: Reuters

Buyout group Cerberus is in exclusive talks with NordLB to take on 2.5 billion euros ($2.8 billion) of non-performing shipping loans that the German public sector lender wants to shed ahead of a planned stake sale, sources told Reuters.

PE HUB Wire Highlights, 11.14.18

Goldman is lead buyer of CDPQ’s billion-plus PE portfolio; FleetCor vies for Western Union’s business-payments arm; PE’s latest frontier? U.S. building products

Snap reveals U.S. subpoenas on IPO disclosures: Reuters

The U.S. Justice Department and Securities and Exchange Commission have subpoenaed Snap Inc (SNAP.N) for information about its March 2017 initial public offering, the social media app maker told Reuters on Tuesday.

PE HUB First Read

First Read begins the day with news that Starbucks is planning on cutting 5 percent of its corporate workforce, Juul will stop selling most e-cigarette flavors in stores and cease social media promotions, and Snap reveals that the SEC is investigating its March 2017 IPO.

U.S. building products: untapped potential for PE

Sponsors circle urology-centric Integrated Medical Professionals