Insight Partners invests over US $100M for majority control of iLobby
iLobby has raised over US $100 million in strategic investment from Insight Partners. Insight Partners’ Managing Directors Ryan Hinkle, Anika Agarwal and Principal AJ Malhotra, will join iLobby’s board of directors. iLobby co-founder & CEO Ariel Mashiyev will stay on as CEO and Chairman of the board. iLobby is a global leader in enterprise visitor […]
Harris Williams Advises LYNX Franchising on Its Sale to MidOcean Partners
RICHMOND, VA. Harris williams , a global investment bank specializing in M&A advisory services, announces it advised LYNX Franchising, a portfolio company of Incline Equity Partners, on its sale to MidOcean Partners. LYNX Franchising is a multi-brand franchise platform with a complementary collection of B2B essential services. The transaction was led by Brent Spiller, Beau Pierce and Trey Shehan of the […]
Brexit agreement may mean more deals and more red tape for private equity
Confidence has returned to UK investors now certain that the UK has left Europe with a deal, but questions still remain over fundraising rules and the future of cross-border deals. With the one-year transition period coinciding with a global pandemic, it isn’t yet clear how much of an impact Brexit had on dealmaking in 2020. […]
Clayton, Dubilier & Rice to Acquire Wolseley UK
Clayton, Dubilier & Rice (CD&R) is to acquire Wolseley UK, a specialist distributor of plumbing, heating, climate control, pipe and infrastructure & utility products in the United Kingdom, from Ferguson. Through a carve-out transaction for a net consideration of GBP308 million, Wolseley will become an independent company wholly owned by CD&R funds and management. The […]
CDI Acquires MSP, Data Center IT Solutions Provider High Availability
Computer design & Integration (CDI), backed by private equity firm One Equity Partners, acquires high Availability (H.A.), an MSP, IT solution & integrator Computer Design & Integration LLC (CDI), backed by private equity firm One Equity Partners, has acquired High Availability (H.A.), an MSP, IT solution provider and integrator. H.A.’s focus areas span data center, networking, security, mobility, collaboration […]
Dealmakers Cancel Christmas in Busiest-Ever Holiday M&A Season
Christmas was cancelled for dealmakers this year. A total of 2,496 transactions were announced globally in the final two weeks of 2020, according to data compiled by Bloomberg. That’s the most for a festive fortnight on record, the data show. More than $187 billion of deals came during the period, led by buyout firm Thoma […]
Transact pulls out of race to buy Nucleus
Transact has ditched potential plans to buy rival platform Nucleus, the third interested party to pull out the race for the firm since proposals were announced last month. In a stock exchange announcement yesterday afternoon (January 4), Integrafin Holdings, Transact’s parent company, said it had “no intention to make an offer” for the adviser wrap […]
US hedge fund bids for Tribune Publishing in $520m deal
Chicago Tribune and New York Daily News owner would be taken private under proposed transaction Alden Global Capital, a US hedge fund known for taking over distressed American newspapers, has unveiled a bid to acquire and take private the Chicago Tribune’s owner, valuing the publishing company at about $520m. The hedge fund, which already owns […]
Outlook positive for PE secondaries with USD61bn earmarked for 2021
The outlook for demand in the private equity secondaries market throughout 2021 – and in particular, H1 2021 – is very strong, with buyers looking to deploy USD61 billion in 2021. That’s according to Cebile Capital’s 2020 Year-End Secondaries Market Update, which summarises key trends witnessed in 2020 and outlook for 2021 from key secondaries […]
