PE Hub Staff
Credit Suisse's Asset Management's NEXT Investors has made an investment in New York-based Solve Advisors, a provider of pre-trade price transparency in fixed income markets. No financial terms were disclosed.
Oakley Capital agreed to buy a majority of Seven Miles GmbH. Financial terms weren’t announced. Seven Miles, of Düsseldorf, Germany, provides physical and digital gift card.
Abry Partners has agreed to acquire Lake Forest, California-based Portfolio Holding Inc, a provider of finance and insurance products and services to automotive dealers. The seller was Capital Z. No financial terms were disclosed.
Goldman Sachs Asset Management's Petershill program has made an investment in Slate Asset Management LP, an alternative asset management platform with a focus on real estate and real assets. No financial terms were disclosed. As part of the deal, Slate founders Blair and Brady Welch have made a long-term commitment to the business. According to the firm, Slate has closed over US$11 billion of transactions across Canada, the U.S. and Europe. Slate has offices in Toronto, Calgary, Chicago and Frankfurt.
Capital One has agreed to acquire Tysons Corner, Virginia-based KippsDeSanto & Co, an investment banking firm focused on serving growth-oriented aerospace/defense, government services and technology companies. The deal is expected to close late in the third quarter of 2019.
Rochester, New York-based Benefit Resource Inc, a third-party administrator of pre-tax benefits and COBRA services, has secured an undisclosed amount of funding. The investor was CIP Capital.
The Hilb Group, a portfolio company of Abry Partners, has acquired Tennessee-based Mackie Financial Group LLC, a provider of insurance for employee benefits. No financial terms were disclosed.
Ultimus Fund Solutions, which is backed by GTCR, has agreed to acquire Clifton Park, New York-based LeverPoint Management, a provider of fund administration, accounting, tax and back office support services to private equity, venture capital and real estate managers. No financial terms were disclosed. The deal is expected to close in the fourth quarter of this year.
In the past 10 years, private equity deal activity has more than doubled while the number of companies listed on U.S. stock exchanges has fallen by 50 percent over two decades. This corresponds with the changing dynamics in how companies are raising capital. PE continues to play an important role in the global economy and […]
In one of their more comical endeavors, Kramer and Newman of Seinfeld fame decide one day to reverse the peepholes on their apartment doors, allowing anyone who so chooses to have a clear look inside. Kramer boldly proclaims, “If somebody wants to help themselves to an eyeful, we say ‘enjoy the show!’” If only it […]