Private Equity
KKR said Nov. 25 that it acquired four industrial distribution properties totaling approximately 641,400 square feet. The properties were acquired from three different sellers. Financial terms weren’t announced. The properties are located in Atlanta, Inland Empire, California and Orlando, Florida.
2 min read · 25 November 2019
KKR, a leading global investment firm, today announced it has entered into an agreement to acquire Novaria Group, a leading manufacturer of specialty aerospace hardware, from Rosewood Private Investments and Tailwind Advisors.
4 min read · 25 November 2019
Carlyle Group is considering bidding for Dr. Martens, the British bootmaker owned by Permira, Business of Fashion reported. Permira is targeting a 2020 exit of Dr. Martens and is considering an IPO or a sale, the story said. Dr. Martens could be valued at $1.2 billion, press reports said.
1 min read · 25 November 2019
Silver Lake is near a deal to buy First Advantage at more than $1.5 billion, Reuters reported. An announcement could come as early as this week, the story said. Symphony Technology Group acquired First Advantage in 2010 for $265 million.
1 min read · 25 November 2019
Goya has canned plans to sell itself to the Carlyle Group, the New York Post is reporting. Goya had been in late-stage talks to sell to Carlyle when the two sides came to loggerheads about the founding family’s role, the story said. Goya wanted a deal that would leave them at the helm, but Carlyle didn’t want to invest in the company at a high $3 billion to $4 billion valuation if it couldn’t run it, the NY Post said.
1 min read · 25 November 2019
Eilish, Black Friday, Uber, Frozen 2, Sandusky, Tesl-oh
1 min read · 25 November 2019
Palo Alto, California-based Nines, a teleradiology practice, has secured $16.5 million in Series A funding. The investors included Accel and 8VC.
1 min read · 22 November 2019
C-Thru’s California-based operations have been focused on the western U.S. which will be enhanced by Four Season’s national manufacturing and distribution footprint.
4 min read · 22 November 2019
San Francisco-based Searchlight, a human resources software platform, has raised $2.5 million in seed funding, according to a blog post. Accel led the round with participation from other investors that included Founders Fund, Y Combinator and Soma Capital.
1 min read · 22 November 2019
Seattle and India-based MontyCloud, a provider of an intelligent multicloud management platform, has secured $2.85 million in seed funding. Madrona Venture Group led the round.
1 min read · 22 November 2019