PE Pipeline and MBOs


Our Senior Executive Advisors are here help you with you Management Buy Out  (MBO) plans.  Board Members and CXOs all need to take look at MBO option.

 

DISCLAIMER:

This is a beta blog and we look forward to launching an amazing blog soon!

This information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website as this a beta blog and will not be updated.

Happy Investing and Networking,

Investor Network by JD

PE PIPELINE

• Drake Automotive Group, which is backed by Huron Capital, acquired DV8 Offroad, a Riverside, Calif.-based maker of off-road accessories and wheels. Financial terms weren’t disclosed.

• Veritas Capital will buy Cotiviti Holdings Inc (NYSE:COTV) in a deal valued at $4.9 billion, according to Reuters. Read more.

• Bain Capital Private Equity is nearing a deal to buy Varsity Brandsa Memphis, Tenn.-based cheerleading uniform and equipment retailer, for $2.5 billion. Read more.

• CVC is in advanced talks to buy a controlling stake in the pharmaceutical business of Italy’s billionaire Recordati family, according to The Financial Times. The deal would value the company at 3 billion euros ($3.5 billion). Read more (subscription required).

• Morgan Stanley Capital Partners made an investment of an undisclosed amount in Comar, a Voorhees, N.J.-based rigid plastics packaging manufacturer of bottles, containers, liquid dosing devices and closures for the healthcare industry. Financial terms weren’t disclosed.

• Polaris Equity Partners agreed to acquire a majority stake in ProData Consult, a Denmark-based IT consultancy focused on business and IT consultants.

Advertisements

Pipeline + Action = Results


THINK:  “Do two thing every day that scares you. That way you do at least one!” – JD Morris

ACTION:  Call one or two people that you know can help move your business forward, but for some reason, you have not called.

BOTTOMLINE: Call or ask somebody to call them, but give them the reward.  This resulted in $75,000 payday for me as a friend was afraid to call.

PDF OF THE DAY – Things Change

market-cap

PIPELINE ( M&A)

** Renova Energia SA’s board has approved Brookfield Asset Management Inc’s proposal to acquire a controlling stake in the Brazilian renewable energy company for 1.4 billion reais ($433 million), a securities filing showed on Monday.

** SandRidge Energy Inc said it adopted a shareholder rights plan, known as a “poison pill”, amid rising opposition from major shareholders to the oil producer’s $746 million bid for rival Bonanza Creek Energy.

** U.S. shopping center owner Cedar Realty Trust Inc said it was rejecting an unsolicited offer from Wheeler Real Estate Investment Trust to combine the two companies.

** Vietnam’s biggest brewer Sabeco has received a strong response from potential suitors at an investors’ roadshow in Singapore, its chairman said, as the government moves closer to finalizing a stake sale in the $9 billion maker of Bia Saigon and 333 brews.

** Education group Pearson has agreed the sale of its Wall Street English (WSE) business to Baring Private Equity Asia and CITIC Capital for around $300 million, although its proceeds from the deal will be just a third of that.

** French oil and gas major Total said it had agreed to sell stakes in two Norwegian oil fields to Statoil for $1.45 billion as it reviews its North Sea portfolio after acquiring Denmark’s Maersk Oil in August.

** Germany’s biggest insurer Allianz plans to buy the shares in French credit insurance firm Euler Hermes it does not yet own for around 1.85 billion euros ($2.2 bln).

** U.S. media company Meredith Corp said it will buy Time Inc, the publisher of People, Sports Illustrated and Fortune magazines, in a $1.84 billion all-cash deal backed by conservative billionaire brothers Charles and David Koch.

** Israeli conglomerate Delek Group said that Sirius International Insurance has decided to exercise its option to buy Delek’s remaining 47 percent stake in Phoenix Holdings for 2.3 billion shekels ($656 million).

** Israel’s Kenon Holdings said it has agreed to sell IC Power’s Latin American and Caribbean businesses to infrastructure investment manager I Squared Capital for about $1.2 billion. (Compiled by Sanjana Shivdas in Bengaluru)

Happy Networking and Investing,

Investor Network by JD

Pipeline & focus on value more than success – 2017-11-24


THINK:  “Focus on value more than success!” – JD Morris

ACTION:  What value does your company or product offer?  Ask somebody outside your company what they think is your companies value.

BOTTOMLINE:  Value will lead to success! If nobody knows the value of your company, you will not attract success.   Let our Senior Executive Advisors work with you on the value of your company and then let us get it out to the market and the world!

Let everyone know if you have something a value or work on finding that value!

2000px-hello_my_name_is_sticker-svg

PIPELINE ( M&A 11-24-2017 )

** KKR & Co LP has boosted its bid price for Hitachi Kokusai Electric Inc for a second time, seeking to appease U.S. activist hedge fund Elliott Management which has bought into the Japanese semiconductor equipment manufacturer.

** Malaysia’s Top Glove Corp Bhd is planning to acquire the surgical glove producing unit of Adventa Capital Pte Ltd, the company said, for an estimated price of up to 1.44 billion ringgit ($349.60 million).

** Indonesia’s state-owned Enterprise Ministry, tipped to oversee an acquisition of a majority stake in the local unit of Freeport-McMoRan Inc, has “no clear structure” yet for the deal, a ministry official said.

** Polish retail group Emperia said Lithuania’s Maxima Grupe will announce a tender on Friday to buy all of Emperia’s shares for at least 100 zlotys each, valuing the potential deal at around 1.2 billion zlotys ($337.96 million). (Compiled by Manas Mishra in Bengaluru)

DISCLAIMER:  This information is provided by AP, Bloomberg, Forbes, Fortune,  preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources.  Please check with the company website as this a beta blog and will not be updated.

Happy Networking and Investing,

Investor Network by JD

Pipeline & Good business is the best art 2017-11-21


THINK: Even Andy Warhol understand good business is the best art.

“Making money is art and working is art and good business is the best art.” –  Andy Warhol

ACTION:  What are you doing that good business and do you love your good business.

BOTTOMLINE: Let us help you learn what you love.  If you own your own business with EBITDA, we have easy solution.

Mergers

PIPLELINE ( 11-21-2018 M&A )

** Bain Capital LLC on Tuesday said its $1.35 billion offer for Asatsu-DK Inc (ADK) 9747.T had been accepted by the Japanese company’s 25 percent shareholder WPP WPP.L, after the parties floated the idea of WPP reinvesting at a later date.

** AT&T Inc is likely to emerge victorious from a legal fight with the United States Department of Justice over its $85.4 billion acquisition of Time Warner Inc, analysts said in a series of research notes on Tuesday.

** LVMH, the world’s biggest luxury goods company, has bought a majority 60 percent stake in Napa Valley’s Colgin Cellars vineyard, as part of the French group’s general strategy of acquiring highly-rated wine operations.

** Philippine Telegraph & Telephone Corp is talking to Chinese companies about forming strategic partnerships as part of plans to turn a niche player into a force in the domestic telecoms market, its chairman said.

** BP said it had agreed to sell stakes in three fields in its Bruce assets in the North Sea to Serica Energy Plc .

** Oil exploration company Cairn Energy is in talks with BP to sell a 30 percent stake in its deepwater SNE field offshore Senegal, which could be valued at around $600 million, banking sources and a Senegal oil ministry source said.

** A provincial real estate developer in China, Zhongtian Financial, unveiled a plan to acquire a stake in a local life insurance firm for as much as $4.7 billion, in what could be the country’s second-biggest domestic equity investment this year.

** China’s Wanda Hotel Development Co said it was open to business opportunities related to its portfolio of landmark overseas properties, although no sale talks were under way.

** British petrochemicals firm Ineos has agreed to buy a majority stake in two exploration licences for gas in Scotland’s West of Shetland field which contain the Lyon prospect, furthering its plans to move into oil and gas exploration.

** German energy group Uniper rejected an 8.05 billion euro ($9.5 billion) takeover bid from Finland’s Fortum but will hold talks as it seeks a higher offer and more commitments to the company’s future.

** Finland’s Fortum has no plans to raise its offer price for Uniper despite the German group’s official rejection of the bid, a spokesman said.

** Rio Tinto., Canada’s Wealth Minerals and Chinese private equity firm GSR Capital are considering a bid for a stake in Chilean lithium producer SQM (Sociedad Quimica Y Minera), banking sources told Reuters.

** Philippine Telegraph & Telephone Corp is talking to eight Chinese companies, mostly in telecoms, to form strategic partnerships as it aims to become a major player in the domestic telecoms market, its chairman said.

** Ireland’s CRH, the world’s third-largest building materials group by market capitalization, said it has capacity on its balance sheet for more deals, after a spending spree this year.

** India’s ONGC Videsh Ltd, the overseas investment arm of the country’s top explorer Oil and Natural Gas Corp, said on Tuesday it had acquired a 15 percent stake in Namibia’s offshore Block 2012A from Tullow Oil.

** AmerisourceBergen Corp said it would buy privately held U.S. drug wholesaler H. D. Smith for $815 million in cash.

** Sabeco, Vietnam’s biggest beer firm, will hold roadshows in Singapore and London on the government’s plan to sell a stake, the country’s trade ministry said in a statement.

** Australia’s Downer EDI said it plans to sell its freight rail business to Caterpillar Inc’s Progress Rail unit for A$109 million ($82.18 million) as the engineering contractor reduces its dependence on the mining sector.

** Private equity firm EQT is buying a stake of about 40 percent in music company Epidemic Sound, it said without disclosing further financial details of the deal.

** Norwegian oil firm Aker BP ASA said it entered into separate agreements with Maersk Drilling and Halliburton for jack-up drilling rigs, and with Odfjell Drilling and Halliburton for semi-submersible drilling rigs. (Compiled by Manas Mishra in Bengaluru).

DISCLAIMER:  This information is provided by AP, Bloomberg, Forbes, Fortune,  preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources.  Please check with the company website as this a beta blog and will not be updated.

Happy Networking and Investing,

Investor Network by JD

 

PIPLEINE + wise words + dinner


THINK:  What is your plan for 2018?  “Success is not final; failure is not fatal: It is the courage to continue that counts.” — Winston S. Churchill

ACTION: Review your failures and success then look at what are your top 5 future success for 2018.

This is a BETA blog and we continue to make changes to help you take actions.  Our motto is “Say Provocative statements that intelligent people argue about fast without dotting your i’s and crossing your t’s. As life is all about fun and results!” – JD Morris

We will have a dinner in the New Year focusing on government contacting.  RSVP Victoria at Events@RedHookCapital.co

gov-contractors

PIPLELINE ( M&A 2017-11-20 )

** Chipmaker Marvell Technology Group Ltd said it would buy smaller rival Cavium Inc in a $6 billion deal, as it seeks to expand its wireless connectivity business in a fast consolidating semiconductor industry. ( riseSEA know chips)

** French retailer Auchan said it had not been approached by e-commerce giant Amazon about deals or partnerships in Europe, with speculation still rife that Amazon may be eyeing European transactions.

** Activist investor Fir Tree Partners opposed SandRidge Energy Inc’s $746-million deal to buy rival Bonanza Creek Energy Inc, saying an acquisition would drain all of the oil and gas producer’s cash.

** South African private hospital group Mediclinic, does not intend to make another offer for Spire Healthcare, the firm said after the British company rejected an earlier bid.

** Grupo Barcelo has made a tentative takeover approach for rival NH Hotel Group to create the biggest hotel operator in Spain, where tourism is booming, with over 600 hotels worldwide.

** Shares in German utility RWE rallied on renewed investor hopes for a deal for its Innogy unit as well as on expectations of a less stringent climate policy following the failure of coalition talks in Germany.

** Abu Dhabi National Oil Co (ADNOC) said it may sell as much as a 20 percent stake in its fuel distribution unit, potentially raising up to $2.8 billion.

** Independent UK-based infrastructure investment fund Ancala Partners has finalized its acquisition of Apache Corp’s interests in two North Sea gas pipeline assets for an undisclosed sum, it said. (Compiled by Divya Grover in Bengaluru).

DISCLAIMER:  This information is provided by AP, Bloomberg, Forbes, Fortune,  preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources.  Please check with the company website as this a beta blog and will not be updated.

Happy Networking and Investing,

Investor Network by JD

M&A Pipeline and The Nature of Freedom 2017-11-17


THINK:  The Nature of Freedom >> Freedom is never a release and always a responsibility.

ACTION:  List specific goals for your work.  Think of goals that will meet your need for personal fulfillment, while also helping your boss meet his or her performance objectives (CEO for their Board of Directors).  Sell these goals to your boss and keep the boss informed on your progress. – “The Freedom of Industrial Mar,” The Virginia Quarterly Review.

BOTTOM LINE:  Let our senior executive advisors help you understand owning your own company through an LBO and MBO.  Yes, you will be free of the traditional “boss” after the deal.  However, your freedom will release a whole new group of responsibilities.  riseSEA can be there to support you!

rise

PIPELINE (M&A FOCUS 2017-11-17)

** Comcast Corp and Verizon Communications Inc have both expressed interest in acquiring a significant part of Rupert Murdoch’s Twenty-First Century Fox Inc’s assets, two people familiar with the situation told Reuters. (riseSEA know Verizon)

** China Development Bank Financial Leasing Co Ltd said it looked to buy a total of 14 new Airbus A320neo aircraft from Go Airlines (India) Ltd for an aggregate list price of $1.52 billion, and lease each aircraft back to the airline upon delivery.

** German gas supplier VNG is in talks to sell a majority stake in its Norwegian Norge oil and gas business, which could fetch up to $500 million, three banking sources said.

** Toshiba Corp said it had not entered into talks with any company to sell its personal computer business, denying media reports that it was in negotiations to sell the unit to Taiwan’s Asustek Computer Inc.

** Casino operator Caesars Entertainment Corp said it would buy privately owned U.S. casino and horse racing company Centaur Holdings LLC for $1.7 billion in cash to expand in Indiana.

** Bpost, Belgium’s national postal deliverer, said it had finalized the purchase of U.S.-based e-commerce service provider Radial.

DISCLAIMER:  This information is provided by AP, Bloomberg, Forbes, Fortune,  preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources.  Please check with the company website as this a beta blog and will not be updated.

Happy Networking and Investing,

Investor Network by JD

 

 

Pipeline 2017-11-15 & Consolidation


“Roll or be Rolled” – JD Morris

ACTION: Make a list of company you could acquire and list of strategic acquisition for your company.  Almost all companies have made key acquisition to grow and often find their best exits from a strategic buyer.

BOTTOMLINE:  Our Senior Executive Advisors can help you look at the strategy, valuation, and game plan to buy or sell your company ( roll or be rolled).

THROW BACK THURSDAY VIDEO ( Consolidation / LBO ):

 

PIPLELINE – FOCUS M&A 2017-11-15

** Warren Buffett’s Berkshire Hathaway Inc has sold another large piece of its stake in IBM Corp, backing further away from an investment that the billionaire has admitted was not one of his best.

** Airbus SE is close to agreeing a blockbuster order worth more than $40 billion at list prices to sell around 400 aircraft to U.S.-based investment fund Indigo Partners, founded by low-cost airline pioneer Bill Franke, two sources said.

** SL Green Realty Corp, a major New York property owner, said it agreed to sell a 43 percent interest in a Times Square office tower to the real estate arm of Germany’s Allianz Group in a deal that values the building at $1.95 billion.

** Atlantia Chief Executive told the Financial Times that there is room for the Italian infrastructure group to improve its offer on Spain’s Abertis.

** The Vietnamese government aims to complete a stake sale in the country’s biggest brewer Sabeco in December, the trade ministry said, in the clearest signal yet that the long-awaited state divestment might happen this year after repeated delays.

** Legal & General (L&G), the owner of Britain’s biggest fund manager, has staked its claim for a slice of the growing market for exchange-traded funds (ETFs) with a deal to buy Europe-focused platform, Canvas.

** German energy group Innogy will at some point pull out of the planned British retail supply joint venture with SSE, its chief executive said.

** Carlyle Group, the world’s largest private equity firm, is raising $1 billion for a new fund to invest in oil and gas outside the United States as a stronger outlook for oil prices rekindles investor appetite, banking sources told Reuters.

** India’s Edelweiss Financial Services Ltd has launched a share sale to institutions to raise as much as 20 billion rupees ($307 million), according to a deal term sheet seen by Reuters on Wednesday.

** Oil and gas producer SandRidge Energy said on Wednesday it would buy rival Bonanza Creek in a cash-and-stock deal valued at $746 million to expand its presence in the Denver-Julesburg Basin of Colorado.

** U.S. buyout fund Cerberus has taken a 3 percent stake in Deutsche Bank, Germany’s flagship lender said.

** A ruling on Qualcomm Inc’s proposed $38-billion acquisition of NXP Semiconductors NV may come in 2018, European Commissioner for Competition Margrethe Vestager said.

** Shanghai Pharmaceuticals Holding Co has agreed to buy Cardinal Health Inc’s China drug distribution business for $557 million, winning a highly competitive auction in a move that will expand its presence nationwide.

** French facilities management and vouchers group Sodexo is buying Centerplate, a U.S. company that provides food and hospitality services, for $675 million to expand in the U.S. sports and leisure market.

DISCLAIMER:  This information is provided by AP, Bloomberg, Forbes, Fortune,  preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources.  Please check with the company website as this a beta blog and will not be updated.

Happy Networking and Investing,

Investor Network by JD