Thirteen Predictions For 2021 In Sustainability Private Equity (Part One)
It’s been a long time since we’ve entered a calendar year with more uncertainty. Under the challenging circumstances, U.S. sustainability markets like clean energy, water, waste, food and transportation did a surprisingly good job of weathering the storm. But what does 2021 hold in store? After all, we enter the year in the middle of […]
Hain Celestial sells Orchard House juice business to private equity firm Elaghmore
The Hain Celestial Group, Inc. a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East providing consumers with A Healthier Way of Life, today announced that it has completed the divestiture of its U.K. fruit business, including the Orchard House Foods Limited business and associated brands, to […]
BlackRock is forcing finance to take climate risk seriously
“Climate risk is investment risk,” concluded BlackRock CEO Larry Fink in his annual letter to chief executives last January. With climate change rewriting core assumptions in modern finance, he argued, trillions of dollars are at stake. “Sooner than most anticipate, there will be a significant reallocation of capital,” Fink wrote. “We believe that sustainable investing […]
Dating App Bumble Makes IPO Filing Public, Reveals Steady Revenue Growth
Bumble Inc’s plans to go public come at a time when companies are seeking to capitalize on what has been the strongest IPO market in two decades Dating app Bumble, which is backed by private equity firm Blackstone Group, on Friday made public its regulatory filing for an initial public offering, revealing steady revenue growth […]
A Large Cogeco Shareholder Reduces Its Position
PSP SELLS COGECO FOR $ 20 MILLION Cogeco’s third largest shareholder, the federal institution PSP Investments, sold about $ 20 million in shares of the telecommunications company in December. Remember that the Audet family, which controls Cogeco, rejected last fall a purchase offer of more than $ 10 billion filed by Altice USA and Rogers. […]
CVC Growth Fund exits Kount in USD640 million deal
CVC Capital Partners’ (CVC) CVC Growth Fund is to sell Kount Inc (Kount), a provider of Artificial Intelligence (AI)- driven fraud prevention and digital identity solutions, to global data and analytics company Equifax in a deal valued at USD640 million. The transaction, which is expected to close in the first quarter of 2021, and is […]
King Street Properties and The Carlyle Group sell 33 New York Ave. and 1 & 5 Mountain Rd. to Oxford Properties Group for $151 million
Framingham, MA King Street Properties and The Carlyle Group completed the sale of 33 New York Ave. and 1 & 5 Mountain Rd. to Oxford Properties Group for $151 million. In 2018, King Street and Carlyle purchased the 91,452 s/f building at 33 New York Ave. and expanded the building to 113,527 s/f. King Street performed […]
H.I.G. Realty Invests in Production Studios & Content Hub in Madrid
H.I.G. Capital, LLC (“H.I.G.”), a leading global alternative investment firm with $43 billion of equity capital under management, announced today that one of its affiliates has invested in Madrid Content City, an approximately 140,000 square meter hub with state of the art audio-visual facilities, including production studios, production & post-production technical facilities, and a university […]
Idinvest Partners arranges Kinetics Group refinancing
Idinvest Partners has provided a flexible unitranche package to refinance existing indebtedness and support Kinetics Group in its ambitious development plans. Kinetics Group is a global service provider and manufacturer of integrated services and critical process equipment for high purity processes in advanced technology industries (www.kinetics.net) Owned by Quadriga Capital Funds, the Group’s solutions portfolio […]
Linden and Audax Invest in StatLab Medical Products
Linden Capital Partners and Audax Private Equity have invested in StatLab Medical Products, according to a news release. StatLab, based in McKinney, Texas, is a manufacturer and distributor of consumables, reagents and equipment used by anatomic pathology, molecular diagnostics and other laboratories. Founded in 1976, the company provides more than 5,000 diagnostic products and equipment. […]
