M&A IN Pipeline 20181009


Private Equity

DEAL OF THE DAY:  Barnes & Noble’s future as a takeover target is more mystery than romance. The U.S. bookstore’s founder Leonard Riggio, who owns just shy of 20 percent of the company, wants to take the struggling $485 million chain private. Even with conservative assumptions, a leveraged buyout – at least on paper – could do well. The key is to cook up a decent ending. (Compiled by Aakash Jagadeesh Babu in Bengaluru)

** Western Australia state will sell its horse-race betting business and levy a new tax on foreign bookmakers, the state treasurer said.

** Lactalis, the world’s largest dairy firm, said it had agreed to buy the chilled dairy business of Nestle in Malaysia in a deal worth about $40 million.

** Poland’s state-run fund PFR has agreed to buy back its mountain cable car operator PKL from private equity fund Mid Europa Partners for an undisclosed sum.

** Swiss specialty chemicals maker Clariant expects to raise 1 to 2 billion Swiss francs ($2.01 billion) from selling portions of its plastics and coatings business, Chief Executive Hariolf Kottmann said in an interview with the Tages-Anzeiger newspaper.

** Nelson Peltz’ Trian Fund Management LP is evaluating a takeover bid for Papa John’s International Inc, the Wall Street Journal reported, citing people familiar with the matter.

** Chinese gaming and social media firm Tencent Holdings Ltd paid $180 million for an undisclosed minority stake in Brazilian financial technology company Nu Pagamentos SA, both companies said.

 

20180828 IN Pipeline – M&A


JUST FOR FUN AS IT IS A BETA BLOG!  Kaiser Shipyards formed healthcare company due to government regulation (i.e. salary freeze during World War II).  Why and what will Amazon’s healthcare look like and will it just acquire a company?  Will Amazon in the future look more like Jack Welch’s GE (aka M&A machine).

IN Pipeline – M&A – 08-28-2018

** Enbridge Inc, Canada’s largest pipeline operator, said it would buy its U.S. master limited partnership Spectra Energy Partners for a sweetened deal of $3.3 billion.

** Cigna Corp shareholders voted in favor of the health insurer’s proposed $52 billion acquisition of pharmacy benefit manager Express Scripts Holding Co, although the deal still needs clearance from antitrust authorities.

** Aspen Insurance Holdings Ltd said certain funds affiliated to alternative investment manager Apollo Global Management LLC will take the insurer private in an all-cash transaction valued at $2.6 billion.

** Hong Kong-based insurer FWD Group has agreed to buy HSBC Holdings Plc’s stake in a Malaysian insurance joint venture as part of a plan to expand its presence in Asia, three people familiar with the matter said.

** Qatari lenders Barwa Bank and the International Bank of Qatar have reached a final merger agreement, creating a combined group with total assets of 80 billion riyals ($22 billion), the banks said on Tuesday.

** The merger of DEA, a vehicle of Russian billionaire Mikhail Fridman, and Wintershall, the oil unit of Germany’s BASF SE, may be signed in the next two weeks, with government approvals taking six months from then, the DEA CEO told Reuters.

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.ces. No financial terms were disclosed.

Investor Network by JD

Let us talk exit strategies and the answer for most is clear


If you want a strong exit, M&A seems to be the best exit.  We can let you know about Management Buy Out ( MBO ) and initial public offering ( IPO ) options.  However, you need to look at what needs to happen six to nine months before you sell your company (Acquisition or MBO or IPO).

Did you want us to drill down on an exit strategy for your private company?  Let us show you what happen 2017q3 and our views for the next 12 months.  Contact INFO@RedHookCapital.co anytime.

Here is data from earlier in the year for venture-backed companies.

vcbacked-exits-Q1-17 Infographic

Exits-Q1-17 Infographic

Happy Networking and Investing,

JD Morris

Your Host for Investor Network by JD

Join us on Facebook:

https://www.facebook.com/InvestorNetwork

Other Social Media:

https://investornetworkbyjd.com/2017/09/21/jd-morris-social-media/

 

 

 

Amazon an industry killer or M&A for growth? Who really knows Amazon and who is a parrot?


Amazon acquiring Whole Foods is a big deal for them strategy and size.  Will Amazon go on a bigger buying strategy?   If you are strong, should a lot M&A make you stronger? Consolidation plays or kills your competition for Amazon?  Did you know Amazon did not own a lot of its last mile delivery!  Look for somebody that knows Amazon vs. media & Wall Street parrots talking online!

I am going to do some digging and provide some great behind the smoke stories.

Amazon Acquisition

Other Deals!

GA Telesis $225M / Debt Financing HSBC Securities, Fifth Third Bancorp
Azure Power $10M / Debt Financing SBI-World Bank
Digital Global Systems $8.5M / Venture Ancora Advisors
SVCL 200M INR / Debt Financing Capital First
Solace Power $2.5M / Grant Atlantic Canada Opportunities Agency
PostDesk $2.0M / Seed Alphard Maritime Group
Modacruz $2.0M / Series B Middle East Venture Partners (MEVP)
Bookatreat 10M SEK / Venture
powervault $772K / Equity Crowdfunding
StockViews 500K GBP / Venture GWC Innovator Fund
MyCash Online 1.3M CNY / Equity Crowdfunding Cradle Fund Sdn Bhd (Cradle)

Happy Investing and Networking,

JD Morris

https://www.linkedin.com/in/jdmorris/

PEG Deals that close 2016-07-06


Text JD Morris at 858-869-9483 if you own a communication companies.  I have advised and sold more than $42 billion in communication companies.  From creating new billion dollar ventures to selling off assets for NYSE company.  Referrals to EBITDA companies is always welcome.  Below are deals that closed with PEGs such as the telecommunication deal Camusat Group.

telcommunications

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

• Convenience Valet, a portfolio company of Weinberg Capital Group, has acquired Mendex Merchandising, a Melrose Park, Ill-based provider of branded health and beauty care products. No financial terms were disclosed. http://www.cvalet.com/

• Equistone Partners Europe has acquired a majority stake in Camusat Group, a French provider of maintenance and installation of telecom infrastructure networks. No financial terms were disclosed. Sellers include MBO Partenaireshttp://www.camusat.com/

• Gryphon Investors has acquired CORA Health Services Inc., an operator of operator of outpatient physical therapy services with a focus on the Southeastern U.S. No financial terms were disclosed. http://www.gryphon-inv.com/

• Kingswood Capital Management has acquired AVAD LLC, a Sherman Oaks, Calif.-based distributor of audio and video solutions focused on the commercial and residential custom installation markets, from Ingram Micro (NYSE: IM). No financial terms were disclosed. http://www.avad.com/

KKR

• KKR has agreed to acquire Epicor Software Corp., an Austin, Texas-based provider of sales and supply chain management software, from Apax Partners. No financial terms were disclosed. http://www.epicor.com/default.aspx

• Mountain Capital Management, a Houston-based private equity firm, has agreed to acquire the oil and gas subsidiary (Compass Production Partners) of HRG Group Inc. (NYSE: HRG) for $145 million.  http://www.hrggroup.com/phoenix.zhtml?c=118763&p=irol-newsArticle&ID=2181994

• RoundTable Healthcare Partners has completed its previously-announced $150 million take-private acquisition of Symmetry Surgical Inc., a Nashville, Tenn.-based maker of reusable, reposable, and single-use surgical instrumentation and specialty devices. No financial terms were disclosed. http://www.symmetrysurgical.com/Welcome/

• Valet Waste, a Tampa, Fla.-based portfolio company of Ares Management and Harvest Partners, has acquired Simple Turns, a Denver-based provider of carpet cleaning, painting, porter services, apartment cleaning and turn services to the multifamily housing industry. No financial terms were disclosed. http://www.valetwaste.com/

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

Happy Networking and Investing,

JD Morris

JD Morris @ +1 858-869-9483

Join me on LinkedIN:  http://www.linkedin.com/in/jdmorris

INVESTOR SOCIAL NETWORKING:

Facebook URL: https://www.facebook.com/InvestorNetwork

Twitter URL: https://twitter.com/RedHookCapital

LinkedIN URL: http://www.linkedin.com/groups/Investor-Network-JD-Morris-Accredited-53760/about

 

Private Equity Deals that closed! July 16, 2013


Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Rueters, and other sources.  Please check company website for best information.

Deltek, a Herndon, Va.-based portfolio company of Thoma Bravo, has acquired Acumen, an Austin, Texas-based provider of project management solutions and services. No financial terms were disclosed. www.deltek.com

EDAC Technologies Corp.
, a portfolio company of Greenbriar Equity Group, has acquired the aerospace and defense business of Florence, Ky.-based composites manufacturer Parkway Products for an undisclosed amount. www.parkwayproducts.com

Isight Partners, a Dallas-based provider of global cyber threat intelligence solutions, has raised an undisclosed amount of funding from The Blackstone Groupwww.iSIGHTpartners.com

Isis Energy, a new midstream company focused on the transportation, storage and distribution of crude oil and related products, has secured a $150 million equity commitment from EnCap Flatrock. Houston-based Isis Energy is led by A.J. Brass, former president of the Gulf Coast Asphalt Co. www.efmidstream.com

Plastic Electromechanic Co., a Tunisia-based provider of plastic injection and other industrial services, has raised an undisclosed amount of private equity funding from The Abraaj Group.

SPASiteSolutions, a provider of websites for the accounting market, has acquired ProSites, a provider of medical and dental website design. No financial terms were disclosed. SPASiteSolutions is a portfolio company of The Riverside Companywww.riversidecompany.com

Contact me for more information!

Thanks,

JD Morris

Join me on LinkedIN:  http://www.linkedin.com/in/jdmorris

The Morris Team URL: http://www.themorristeam.com/

INVESTOR SOCIAL NETWORKING:

Facebook URL: https://www.facebook.com/InvestorNetwork

Twitter URL: https://twitter.com/RedHookCapital

LinkedIN URL: http://www.linkedin.com/groups/Investor-Network-JD-Morris-Accredited-53760/about

M&A Deals that closed recently plus profile of ClearLight Partners


Let us help you look at deals that closed in your space.  Here is a list of deals just announced:

  • Birko Corporation Acquired Espy Technologies Inc
  • Borden Hamman Agency Inc Acquired Barry J. Fisher Insurance Marketing Inc
  • C.J. Brown Realtors Acquired M.A. Allen
  • Hanger Orthopedic Group Inc Acquired Faith Prosthetic-Orthotic Services Inc
  • Hanger Orthopedic Group Inc Acquired SCOPE Orthotics & Prosthetics
  • Jannsen & Company Acquired TBG Networks
  • Max Sound Corporation Acquired Liquid Spins Inc
  • Perdue Partners LLC Acquired Benton Express, Inc.
  • Quad/Graphics Acquired Vertis Inc.
  • Rocket Farms Inc Acquired Herbthyme Farms

Do you have $4 million plus in EBITDA?  Let us introduce you to partner at private equity firm such as ClearLight Partners.  Just check my LinkedIn profile for great introductions: http://www.linkedin.com/in/jdmorris 

clearlight

ClearLight Partners LLC Profile:

ClearLight’s heritage, dating back to the 1980’s, consists of investing in and then growing a diverse collection of operating businesses on behalf of a large, highly regarded public company. As operators, we successfully grew small companies into mid-size market leading companies. We also developed many successful investments as a holding company. Through these experiences, we developed a strong, long-term relationship with our investor, who nearly three decades later remains our sole limited partner. The backing, agility and autonomy provided by this structure has proven effective in positioning ClearLight as a different sort of capital partner – unusually patient and operator-centric – for growing middle-market companies.

As the capital partner for a growing business, we seek to:

• Serve as a thoughtful and experienced sounding board for
discussing management’s ideas
• Help management respond to challenges and opportunities with
understanding, fresh ideas and a long-term viewpoint
• Invest in building lasting value and growing profits

To date, our principals have partnered with over 30 privately held businesses. Our team of investment professionals has assisted these businesses and their management teams in reaching a variety of objectives:

• Diversifying family wealth and providing shareholder liquidity
• Facilitating leadership succession
• Accelerating internal and external company growth
• Developing strategic plans
• Creating potential tax advantages from financial structure
• Accessing high-level contacts and best practices

Learn more at:  http://www.clearlightpartners.com