Riverside Company invests in MDoutlook
The Riverside Company, a global private investor focused on the smaller end of the middle market, has invested in MDoutlook, a provider of precision intelligence solutions that help life sciences companies develop and commercialise therapeutics and diagnostics in oncology. This is an add-on to Riverside’s Clinical Education Alliance, LLC (CEA) platform, a leading healthcare professional […]
Neuberger Berman MLP And Energy Income Fund Announces Monthly Distribution
Neuberger Berman MLP and Energy Income Fund Inc. (NYSE American: NML) (the “Fund”) has announced a distribution declaration of $0.0163 per share of common stock. The distribution announced today is payable on August 31, 2021, has a record date of August 16, 2021 and has an ex-date of August 13, 2021. Due to changes that may […]
Bain Capital buys a big medical supplies B2B marketplace
PartsSource, which says it has an inventory of more than four million products on its marketplace ranging from batteries, beds, tables, cables, infusion pumps, monitors, sterilizers to other medical and surgical products, has agreed to be acquired by Bain Capital Private Equity. Bain is purchasing PartsSource from Great Hill Partners for an undisclosed price. “PartsSource has clear […]
Astorg and Bridgepoint complete Fenergo acquisition
Astorg and Bridgepoint have completed their acquisition of Fenergo, a provider of Know Your Customer (KYC) and Client Lifecycle Management (CLM) software solutions for financial institutions, following approval by the European Commission. Entering its third chapter of growth, Fenergo reinforces its commitment to developing innovative, digital solutions that equip financial institutions with the tools to […]
Law firm trio advise on $4.5 billion vacation rental SPAC deal
Weil, Gotshal & Manges has a new SPAC deal under its belt, advising special purpose acquisition company TPG Pace Solutions on its $4.5 billion purchase of vacation rental firm Vacasa, which is represented by Latham & Watkins. Mayer Brown is representing TPG Pace Solutions’ capital markets advisers. Latham & Watkins currently has handled the most […]
Morrisons’ largest shareholder blasts £9.5bn takeover plan
The proposed £9.5bn takeover of Wm Morrisons has been thrown into jeopardy after the supermarket group’s largest shareholder blasted the Fortress-led bid. UK asset manager Silchester, which owns more than 15 per cent of Morrisons, broke its silence on the deal on Tuesday, saying that it was “not inclined to support the existing Fortress offer” […]
U.K. Sonar Specialist Ultra Warms to Cobham’s Takeover Bid
Ultra Electronics Holdings Plc received a 2.58 billion-pound ($3.55 billion) buyout approach from Cobham Ltd. and said it’s inclined to accept the bid to unite the two British manufacturers of defense and aerospace electronics. The shares jumped the most on record after Ultra said Friday that Cobham, owned by U.S. private-equity firm Advent International Corp., made a non-binding offer of 35 […]
Proofpoint Stockholders Approve Acquisition by Thoma Bravo
Proofpoint, Inc., a leading cybersecurity and compliance company, today announced that its stockholders voted to approve the acquisition of Proofpoint by Thoma Bravo, a leading software investment firm. Gary Steele, Chairman and CEO of Proofpoint, said, “On behalf of the Proofpoint Board of Directors, I would like to thank our stockholders for their support of […]
Singapore’s wealth fund posts highest rate of return in 6 years
Singapore’s sovereign wealth fund posted its highest rate of return in six years and expressed caution over rising inflation and a potential deterioration in the coronavirus pandemic. GIC reported an annualised 20-year real rate of return, its main performance metric, of 4.3 per cent for the year until the end of March, the highest since […]
Uber Boosts Trucking Push With $2.25 Billion Deal To Buy Freight Service Transplace
Ridehail giant Uber is making a big push to beef up its trucking business by purchasing logistics service Transplace for about $2.25 billion, intending to turn its Uber Freight unit into a top player in arranging and tracking shipments of goods. Uber Freight said it has an agreement to buy Frisco, Texas-based Transplace for cash […]
