Platinum Equity to buy PAE

By Luisa Beltran — 3 weeks ago

Platinum Equity said Tuesday it has agreed to buy PAE from Lindsay Goldberg. Financial terms weren’t announced. Arlington, Virginia-based PAE is a government services provider. Reuters News reported in July that a sale of PAE could be valued at up to $1 billion.

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Littlejohn buys PSC Industrial Holdings

By Iris Dorbian — 1 year ago

Littlejohn & Co. has acquired PSC Industrial Holdings Corp, which was backed by Lindsay Goldberg. No financial terms were disclosed. Harris Williams advised PSC on the transaction. Based in Houston, PSC is a provider of specialty maintenance services and tech solutions to the downstream, utility, power generation, upstream and midstream sectors.

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Flint Hill Resources to acquire PE-owned PetroLogistics for about $2.1 bln

By Iris Dorbian — 2 years ago

Flint Hill Resources, a subsidiary of Koch Industries, has inked an agreement to buy PetroLogistics, which is owned by Lindsay Goldberg and York Capital. The value of the transaction is approximately $2.1 billion. The deal is expected to close before the end of the year. Goldman Sachs is providing financial advice to Flint Hills Resources while Morgan Stanley and Evercore Partners are serving as financial advisors to PetroLogistics. Headquartered in Houston, PetroLogistics is a producer of propylene.

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Lindsay Goldberg Invests in Value Place

By Luisa Beltran — 3 years ago

Value Place said Tuesday that it has secured a $100 million capital investment from Lindsay Goldberg. The transaction was finalized on Dec. 27. Value Plan, a short -term residential property franchisor, will use the funds, plus successive investments, to add at least 50 new company locations while continuing to expand its current franchise base.

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Lindsay Goldberg Expands JV with Odfjell

By Jonathan Marino — 3 years ago

Odfjell, the tank storage company, is expanding its joint venture with Lindsay Goldberg to include substantially all of the company’s tank terminals business globally. The PE firm will acquire a 49% interest in Odfjell Terminals BV, which is the holding company for all of Odfjell’s tank terminals activities and Lindsay Goldberg will ”contribute its 49% share of the existing joint venture as well as a cash contribution to OTBV of approximately USD 226 million,” according to a statement.

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Will First American Payment Finally Find a Buyer?

By Luisa Beltran — 3 years ago

First American Payment, which is backed by Lindsay Goldberg, is reportedly up for sale. The payment processor produces about $80 million EBITDA and is looking to sell for 9x, Reuters says. First American last tried to sell itself in 2010, when several PE firms abandoned the auction.

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NuStar Energy and Lindsay Goldberg in J-V

By Angela Sormani — 4 years ago

NuStar Energy has entered into a purchase and sale agreement with an affiliate of Lindsay Goldberg, a private investment firm, to create a joint venture that will own and operate NuStar’s asphalt refining assets and related working capital. NuStar and Lindsay Goldberg will each have a 50% voting interest in the joint venture and Lindsay […]

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