Platinum Equity seeks buyer for Ranger Boats

Platinum Equity has put Ranger Boats up for sale, three sources said. Harris Williams is advising on the process, the sources said. Ranger Boats produces $25 million EBITDA, one of the sources said. Platinum is seeking bids of 10x, a second person said. The auction has held a first round, which included strategic and financial sponsors, […]

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peHUB Second Opinion

In Second Opinion, polar bears find a new source of food, EMC and HP held on and off merger talks for nearly a year and expect the Oculus Rift virtual reality headset to go on sale in 2015.

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CalSTRS to boost clean energy, tech investment

California State Teachers’ Retirement System (CalSTRS) has announced plans to increase current clean energy and technology investments from $1.4 billion to $3.7 billion over the next five years in an effort to increase low-carbon investments.


Midwest Mezzanine closes Fund V

Midwest Mezzanine Funds has reached a final close of its fifth lower middle-market focused mezzanine investment fund Midwest Mezzanine Fund V and also Midwest Mezzanine Fund V SBIC on a combined $270 million.

First read Feb 24

peHUB First Read

Catch up on the latest after the weekend including an insight into banks and their private equity businesses, Blackstone turning its back on Russia and who is Pennsylvania PSERS’ top buyout performer.

A security guard walks past a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou

peHUB Second Opinion

In Second Opinion, Silver Lake stands to make 5x its money with the Alibaba IPO, Rob Ford has been diagnosed with a rare type of cancer and NFL Commissioner Roger Goodell says the NFL will overhaul how it deals with player behavior.


peHUB First Read

To end your week, First Read has news about the rise of the dark web’s newest black market Evolution, the Home Depot data breach may be the worst of all time and a whole lotta Alibaba news.

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The remarkably busy life of Jim Breyer: VCJ

There’s something to be said for sticking with a job. It certainly has worked out for Jim Breyer, who joined Accel Partners as a newly minted MBA graduate in 1987. It was a good call, Venture Capital Journal reports.

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