BUILDING MATERIALS FIRM ACQUIRED BY PRIVATE EQUITY-BACKED GROUP
A Somerset-based building materials business has been acquired by a portfolio company of Cairngorm Capital Partners Established in 2005, Wells-headquartered CRS Building Supplies provides a range of heavyside building materials to trade and retail customers from 12 branches across Somerset. Cairngorm Capital’s portfolio company, Grant & Stone, has acquired and is merging with CRS. The […]
Waterland to combine Priory Group with MEDIAN
Waterland Private Equity Investments is acquiring Priory Group, a provider of behavioural healthcare services in the UK. Waterland intends to combine Priory with MEDIAN, a German provider of rehabilitation, neurology and orthopaedic treatments and portfolio company of Waterland, to create a leading European rehabilitation and mental health services provider. The transaction is expected to complete […]
M&A Bankers Clock Busiest-Ever Holiday Season in Final Deal Rush
Almost 2,500 transactions announced in final two weeks of 2020. Late rush caps off blockbuster second half for deals this year. Christmas was canceled for dealmakers after a record-breaking final burst of M&A activity at the end of the year. A total of 2,496 transactions were announced globally in the final two weeks of 2020, […]
Linley & Simpson and Lomond Capital have Lloyds’ backing for merger ambition
The private equity division of Lloyds Banking Group is backing the combination of two residential lettings companies to form a new national group with ambitions to grow. The merger brings together Linley & Simpson, which is focused on Yorkshire and already backed by Lloyds’ LDC division, with Lomond Capital, which owns a series of letting and estate […]
Fiat and PSA’s Against-All-Odds Merger Nears the Finish Line
Fiat Chrysler Automobiles NV and PSA Group are poised to get shareholders’ sign-off on a combination that’s endured two years of extraordinary drama, marked by on-again off-again talks, the transformation of their industry and a global pandemic. At two separate meetings Monday, investors will be asked to approve a merger that will form Stellantis, the […]
Top Hospice Trends to Watch in 2021
The year 2020 brought unprecedented disruption to the hospice space, mostly due to the COVID-19 pandemic. The outbreak strained providers ability to provide care, access patients in homes and facilities and to maintain a healthy bottom line in light of lost revenues and rising costs. Despite these challenges and economic headwinds, hospices adapted, improvised and […]
Why 2021 will be a bumper year for M&A
The end of the pandemic is likely to see fashion and luxury M&A opportunities. The big focus: brands that tap younger consumers. After months of quiet and stalled deals, 2020 closed in a flurry of M&A (mergers and acquisitions) activity, setting a pace that is likely to continue in 2021. That’s the view of analysts […]
Fewer companies caught the deal bug in the year of the pandemic
Global mergers and acquisitions (M&A) activity fell to a three-year low in 2020, as companies grappled with the financial fallout of the COVID-19 pandemic, even as dealmaking came roaring back in the second half. The value of M&A globally dropped 5% year-on-year to $3.6 trillion, the lowest since 2017, according to a preliminary tally from […]
Tech, cross-border activities set to drive Asia M&A next year
Coronavirus-spurred growth in the technology sector will help drive M&A activity in the Asia Pacific next year, bankers and lawyers predict, with the potential easing of Sino-U.S. tensions likely to revive Chinese outbound investment. Deals involving Asia Pacific firms totalled $1.2 trillion in 2020, up 12% from 2019. Seven of the year’s 10 largest transactions […]
Perella Weinberg reveals 2020 revenue decline
Deal advisory boutique is going public via a Spac merger during an M&A revival Revenues at the boutique investment bank Perella Weinberg Partners declined around 9 per cent in 2020, widening the gap behind larger and faster-growing rivals, according to regulatory filings for its forthcoming stock market listing. The glimpse at its financial performance came […]
