Private Equity
2 min read · 31 July 2019
Seacoast Capital has exited its investment in Northwest Cascade, a provider of portable sanitation rental services, septic pumping, drain cleaning services and heavy civil, municipal and residential construction services in the Pacific Northwest, California, Utah and Texas. No financial terms were disclosed.
3 min read · 31 July 2019
PriceSpider, which is backed by Frontier Capital, has acquired ORIS Intelligence, a provider of insights for manufacturers. No financial terms were disclosed. Vaquero Capital LLC served as financial adviser to ORIS on the transaction.
3 min read · 31 July 2019
Thoma Bravo has raised over $648 million for its inaugural credit fund, according to an SEC filing. The target is $750 million.
1 min read · 31 July 2019
AFC Industries, which is backed by Incline Equity Partners, has acquired Des Moines, Boulder-based The Boulder Company, a provider of industrial components to original equipment manufacturers. No financial terms were disclosed. Twin Brook Capital Partners served as administrative agent on financing to support the transaction, according to a source familiar with the transaction.
2 min read · 31 July 2019
Kanetix Ltd has acquired RateSpy.com, a Toronto-based online provider of mortgage rate comparisons and news, and intelliMortgage Inc, a Toronto-based digital mortgage broker. No financial terms were disclosed. Kanetix, a Toronto-based digital customer acquisition platform for insurance and financial services, said the two companies joined other brands forming its online rate comparison marketplace. Established in 1999, Kanetix was acquired last year by Ontario Teachers' Pension Plan. The primary seller was U.S. private equity firm Monitor Clipper Partners, which bought the business in 2011.
2 min read · 31 July 2019
Family office Marc Bell Capital has appointed Anu Bhardwaj as entrepreneur-in-residence and deep technology advisor. Bhardwaj is the founder of SHEQ+, Krypto 4 Kids, Qrypto Queens and Women INVESTING in Women DIGITAL.
2 min read · 31 July 2019
Torian Capital has agreed to provide a $225 million loan to Harvest Health & Recreation Inc, a cannabis company. The capital will be used for expansion.
5 min read · 31 July 2019
Apollo clarifies the Epstein connection; Australia's next-gen GPs; and the future of hurdle rates. Here’s today's brief, for our valued subscribers only.
4 min read · 31 July 2019
Glendower Capital Secondary Opportunities Fund IV has held a final close on $2.7bn, above its target of $2.5bn, leapfrogging two Chinese GPs to the top spot.
2 min read · 31 July 2019
