A naukri.com initiative
Private Equity News
Nytimes
4w
44
Image Credit: Nytimes
DirecTV Calls Off Plans to Acquire Dish Network
- DirecTV has called off its plans to acquire Dish Network.
- Dish's lenders refused to agree to the terms of the deal, causing the acquisition to fall through.
- The proposed deal involved TPG acquiring a majority stake in DirecTV from AT&T.
- The failed acquisition raises questions about the future of both companies as streaming continues to dominate the market.
Read Full Article
2 Likes
Peprofessional
4w
71
AEA and Battery Ventures Sell Sensor Maker to Arcline’s DwyerOmega
- Process Sensing Technologies (PST) has been sold by AEA Investors and Battery Ventures to DwyerOmega, a portfolio company of Arcline Investment Management.
- PST is a manufacturer of instruments, analyzers, and sensors used in various industries.
- AEA Investors acquired a majority stake in PST in 2020 and since then, PST has expanded its operations through acquisitions.
- DwyerOmega, the buyer of PST, is focused on control investments in companies with recurring revenue models.
Read Full Article
4 Likes
Peprofessional
4w
410
Arlington Sells BlueHalo to AeroVironment
- Arlington Capital Partners has agreed to sell BlueHalo to AeroVironment in an all-stock transaction valued at $4.1 billion.
- BlueHalo, established by Arlington Capital, specializes in space-qualified hardware, directed energy systems, missile defense, cyber and intelligence tools, and C4ISR systems.
- BlueHalo has expanded through 18 additional acquisitions during Arlington's ownership, offering products such as laser weapon systems, autonomous aerial systems, and cyber operations tools.
- The acquisition is expected to close in the first half of 2025.
Read Full Article
24 Likes
Peprofessional
4w
102
Record-Breaking Fund Close Drives Expansion at Transom Capital
- Transom Capital Group has appointed Dana Goldstein as Head of Investor Relations and Marketing.
- Ms. Goldstein will focus on expanding limited partner relationships and managing marketing efforts for the firm and its portfolio companies.
- Transom recently closed Transom Capital Fund IV LP, raising $675 million in capital commitments, surpassing its target and initial hard cap.
- Over the past two years, Transom has expanded its team and added eight professionals to its transactions, operations, and business development groups.
Read Full Article
6 Likes
Peprofessional
4w
343
The Evolving Playbook: Expert-Led Operational Enhancements in Private Equity
- Private equity firms are increasingly relying on operational improvements within their portfolio companies to create value, investing in technology upgrades and management practices as they strive to outperform in a competitive, volatile market. Operational experts across a selection of sectors outline areas where value can be found and identify ways to unlock it.
- Creating value through operational improvements can be challenging, particularly when working with portfolio management teams to change fundamental behaviours, streamline processes and create new sources of revenue. A well-structured project management framework can drive implementation and provide sustainable return on investment.
- Private equity companies investing in or expanding healthcare rollups may struggle to integrate best practices and standardise execution, with resistance to standardisation being especially common with physician-owned businesses. Operational management experts can create a model to compare performance across the network and create a useful blueprint for acquisitions.
- Financial service organisations are fundamentally about customer service. To ensure a consistent and effective experience, it is essential to establish standards for customer service, processes and systems. By aligning customer service and operational goals across all branches, financial service companies can optimise their business as a whole.
- Operational experts have specialised knowledge and hands-on experience that can enhance performance of portfolio companies, providing a strategic advantage for private equity firms navigating the intricacies of modern deal-making and post-acquisition integration, maximising value creation. Consulting firms such as Carpedia International work closely with clients to identify inefficiencies, optimise cost structures, and continually improve levels of productivity, profitability and organisational culture.
Read Full Article
20 Likes
Funded
4w
187
Image Credit: Funded
Why Product Obsession Hurts Your Business — Focus on Growth Instead
- Focusing excessively on adding features or refining your product can blind you to what truly matters: solving customer problems.
- Overinvesting in your vision for the product often sidelines customer feedback.
- When all your time, energy, and budget are spent on product perfection, other critical areas like marketing, customer service, and scaling operations suffer.
- Obsessing over details in isolation can delay your product launch or updates, giving competitors the chance to gain a market edge.
- Knowing your audience is key.
- A compelling brand goes beyond the product itself.
- Marketing is the bridge between your product and your audience.
- A great product won’t retain users if customer support or onboarding processes are lacking.
- Sustainable growth hinges on scalability.
- Encourage a Growth-Oriented Culture By: Rewarding team creativity and problem-solving.
Read Full Article
11 Likes
Peprofessional
1M
183
Wynnchurch Sees the Light with Buy of Principal Industries
- Wynnchurch Capital has acquired Principal Industries, a provider of LED components and engineered assemblies.
- Principal Industries designs and manufactures LED products for signage and architectural branding illumination.
- The LED lighting market is projected to grow at a compound annual growth rate (CAGR) of 12.4% through 2030.
- Wynnchurch Capital specializes in investing in middle-market companies with revenues ranging from $50 million to $1 billion.
Read Full Article
11 Likes
Peprofessional
1M
259
Artemis Expands Industrial Tech Holdings with Diamond Buy
- Artemis Capital Partners has acquired Diamond Antenna and Microwave Corporation, a designer and manufacturer of radio frequency and electromechanical products.
- Diamond specializes in highly engineered rotary joints and rotating subsystems for radar, satellite communications, and electronic warfare applications.
- Artemis invests in companies with revenues between $5 million and $50 million, and Diamond fits well within their industrial tech investment model.
- Philpott Ball & Werner served as the financial advisor to Diamond for this transaction.
Read Full Article
15 Likes
Peprofessional
1M
35
New Heritage Exits Midwest Corporate Foodservice Giant
- New Heritage Capital has sold Continental Services, a Detroit-based corporate foodservice provider, to Morgan Street Holdings.
- Continental Services is one of the largest corporate foodservice providers in the Midwest, offering various services to its clients.
- Under New Heritage's ownership, Continental experienced significant growth, including expanding into new territories and providing innovative food-at-work offerings.
- New Heritage Capital focuses on investing in companies with $4 million to $20 million in EBITDA, while Morgan Street Holdings is the investment arm for the HAVI Group of businesses.
Read Full Article
2 Likes
Peprofessional
1M
49
After an Active Consolidation Effort, Odyssey Exits NSI
- Private equity firm Odyssey Investment Partners has sold NSI Industries, a provider of branded electrical and HVAC components, to Sentinel Capital Partners.
- Under Odyssey's ownership, NSI completed nine add-on acquisitions, expanding its offerings and capabilities.
- NSI provides over 20,000 SKUs, including Polaris insulated connectors, Bridgeport conduit fittings, and TORK lighting controls.
- Sentinel Capital Partners focuses on management buyouts, recapitalizations, and corporate divestitures in various industries.
Read Full Article
2 Likes
Peprofessional
1M
174
Rapid Evolution: How the Growth of Strategic Capital is Fueling a New Approach to Value Creation
- Private equity GPs focus on value creation in their existing portfolios, with add-ons increasingly becoming a key ingredient in the private equity playbook.
- The median hold period at exit continues to stretch longer, and the proportion of add-on acquisitions as a percentage of total investment activity reached 75%.
- Strategic capital solutions are facilitating mid-hold value creation efforts that were not always available in the past.
- These solutions seek to facilitate M&A or organic growth initiatives, cross-fund investments, shareholder consolidation, or other similar initiatives.
- Mid-hold strategies help GPs capitalize on the work they’ve already put into their portfolio companies to drive further equity value in the business.
- ASC’s specific mandate is centered on minority, non-control investments to facilitate predictable value creation within portfolios.
- Mid-hold equity strategies provide another tool that allows sponsors to drive long-term growth and draw on private equity’s role as a provider of patient capital.
- Valuations remain historically high; sponsors aren’t generally counting on multiple expansion unless they’re able to drive top- and bottom-line growth.
- Mid-hold equity solutions are a way to meet the needs of today’s sponsors in looking to drive long-term value.
- The growth of the segment is untethered to the current economic and market backdrop.
Read Full Article
10 Likes
Funded
1M
237
Image Credit: Funded
Year-End Tasks Every Business Owner Must Complete
- Review your business's financial statements and assess profitability.
- Prepare for taxes by gathering financial documents and consulting with your accountant.
- Review and update business goals based on the previous year's performance.
- Conduct an inventory audit to assess stock levels and avoid overstock or understock issues.
Read Full Article
14 Likes
Funded
1M
85
Image Credit: Funded
Tako Funded $5.75M to Boost AI Research Platform for Factual Information
- Tako, an AI-driven research tools startup, has secured $5.75 million in funding to enhance its deep research platform.
- The platform aims to provide accurate and reliable information by sourcing, validating, and verifying data using AI technology.
- Tako's AI platform addresses the issue of misinformation by conducting thorough research across vetted databases and delivering only accurate insights.
- The funding will also be used to explore new markets and extend the platform's reach to government agencies and non-profits.
Read Full Article
5 Likes
Peprofessional
1M
382
Vance Street Buys Prince Sterilization Services
- Vance Street Capital has acquired Prince Sterilization Services, a provider of contract medical device sterilization services.
- Prince offers a range of sterilization services, including steam, dry heat, vaporized hydrogen peroxide (VHP), depyrogenation, and water for injection (WFI) rinsing.
- Under the partnership with Vance Street, the founders of Prince will retain significant ownership and continue managing daily operations.
- Vance Street's acquisition of Prince Sterilization Services is the second platform investment for their Fund IV.
Read Full Article
23 Likes
Peprofessional
1M
144
Branford Buys Testek from Odyssey
- Branford Castle Partners acquires Testek Solutions from Odyssey Investment Partners.
- Testek Solutions specializes in manufacturing aviation component testing equipment.
- The acquisition marks the seventh platform investment for Branford Castle's Fund II.
- Siguler Guff & Company provides financing for the acquisition.
Read Full Article
8 Likes
For uninterrupted reading, download the app