IN Pipeline – Private Equity – 20180729


Beta Blog = showing you deals are closing!

 

• Trinity Hunt Partners acquired Improving, a Dallas-based provider of technology and custom software development services. Financial termsweren’t disclosed.

• Pamlico Capital agreed to invest in Personify, an Austin, Texas-based provider of tech solutions for nonprofit organizations. Financial terms weren’t disclosed.

• New Mountain Capital made an investment in Beeline, a Jacksonville, Fla.-based provider of cloud-based vendor management solutions. Financial terms weren’t disclosed.

• CID Capital made an investment in ProSource, a Greenville, S.C.-based plumbing, kitchen and lighting solution provider. Financial terms weren’t disclosed.

• Claritas Capital invested $4.3 million in TwelveStone Health Partners, a Murfreesboro, Tenn.-based provider of chronic care medication services.

• Outward Hound, a portfolio company of J.W. Childs Associates LP, acquired Wholesome Pride, a Chesterfield, Mo.-based maker of pet treats. Financial terms weren’t disclosed.

• DME Express, which is backed by WayPoint Capital Partners, acquired Advanced Therapeutics, a Maryland-based provider of medical equipment to hospice providers. Financial terms weren’t disclosed.

• Blackstone and Carlyle Group made a joint takeover approach for Arconic (NYSE: ARNC), according to The Wall Street JournalApollo Global Management, KKR, and Onex Corp have also expressed interest.

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

Investor Network by JD

 

 

Pipeline + “I find that the harder I work, the more luck I seem to have.” – 2017-11-22


THINK: Hard word gets results! “I find that the harder I work, the more luck I seem to have.” – Thomas Jefferson

ACTION:  Just call 5 people today that you have been meaning to speak with for business.  No thinking and planning, just whoever come to mind!

BOTTOMLINE:  Make sure you work smart and then hard as doing the same thing over and over with no results is a very important rule.

EVENT: We will be having a more important two comma club meeting next month!  If you invested more than $1,000,000 USD in a private company in last 24 months, we want you to meet our club members that have done the same!

three-comma-club

PIPELINE 11-22-2017

• The Carlyle Group (NASDAQ: CG), agreed to acquire BenefitMall, a Dallas, Texas-based provider of employee benefits and payroll services, from an investor group led by Austin Ventures. Financial terms weren’t disclosed.

• TransferMate, an Ireland-based B2B payments provider, raised 30 million euros in funding. Investors include Allied Irish Banks.

• Locus Roboticsan Andover, Mass.-based provider of autonomous, mobile robots for use in ecommerce fulfillment warehouses, raised $25 million in Series B funding. Scale Venture Partners led the round.

• Candid Co., a New York-based startup developer of teeth aligners, raised $15 million in Series A funding. Investors include GreycroftBessemere.ventures, and Arena Ventures.

• Pixvana, a Seattle-based virtual reality technology startup, raised $14 million in Series A funding. Vulcan Capital led the round, and was joined by investors including Raine Ventures, Microsoft Ventures, Cisco Investments, Hearst Ventures and Madrona Venture Group.

• AISense, a Los Altos, Calif.-based artificial intelligence startup, raised $10 million in Series A funding. Horizons Ventures led the round, and was joined by investors including Draper Associates and Draper Dragon Fund, David Cheriton and Bridgewater Associates.

• Buildup, a Mountain View, Calif.-based mobile collaboration and task management platform for construction job sites, raised $7 million in Series A funding. Investors include TLV Partners, UpWest Labs, 01 Ventures, Abstract Ventures, as well as Check founders Guy Goldstein and Ahikam Kaufman.

• Sendwithus, a Canada-based communications management platform that enables organizations to streamline their email creation process, raised $5 million in Series A funding. BlueRun Ventures led the round, and was joined by investors including Initialized Capital and acequía capital. Existing investors Baseline Ventures, SV Angel, Maiden Lane, Y Combinator and Scott Banister participated.

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

Deals That Close – PEG 2015 -06 – 05


REFERRAL NETWORKING:  If you have $4 plus million in EBITDA, we will invest or provide a referral to group that could invest in your company.

investor-network

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

• Avenger Flight Group, a Ft. Lauderdale, Fla.-based provider of flight simulator training and services to civil aviation clients, has secured an undisclosed amount of growth equity funding from Seacoast Capital and Patriot Capital.www.afgsim.com

• Bain Capital and PAG Asia Capital are considering acquisition offers forTakata Corp., the Japanese auto air-bag manufacturer that already has received takeover interest from KKR, according to Bloomberg.

Carlyle Group

• The Blackstone Group and The Carlyle Group have bailed on the auction for Canadian drugmaker Concordia Healthcare Corp. (TSX: CXR), sending the company’s stock down by as much as 21% in trading yesterday.

• CST Brands Inc. (NYSE: CST), a San Antonio, Texas-based convenience store chain with a $3.4 billion market cap, has received first-round takeover bids fromSeven & I Holdings (the Japanese parent company of 7-Eleven), Canada’sCouche-Tard Inc. (TSX: ATD) and a private equity pairing of Apollo Global Management with The Blackstone Group, according to Reuters.

• Distribution International Inc., a Houston, Texas-based distributor and fabricator in the mechanical insulation market, has acquired certain assets of Spokane, Wash.-based Johnson Insulation LLC. No financial terms were disclosed. Distribution International is a portfolio company of Advent International. www.distributioninternational.com

• Equistone has acquired ChartCo Ltd., a London-based provider of digital navigation and voyage compliance services to the marine industry, from ECI Partners at an enterprise value of 55 million. www.chartco.com

• Providence Equity Partners has agreed to acquire a majority equity stake inOEConnection LLC, a Richfield, Ohio-based provider of auto parts technology for OEM distribution networks. No financial terms were disclosed. Existing OEConnection shareholders Ford Motor Co. and General Motors each will retain 15% minority stakes. www.oeconnection.com

• Riverstone Holdings has agreed to acquire Talen Energy (NYSE: TLN), an Allentown, Penn.-based power generation company, in which it already held a 35% stake. Talen was spun off by PPL Corp. (NYSE: PPL) just a year ago, and is being valued by this deal at $5.2 billion (including debt), with Riverstone paying $14 per share (56% premium to March 31 price, after which reports of a possible deal surfaced).

• Sun Capital Partners has completed a dividend recap for portfolio company Spectralink, a Boulder, Colo.-based provider of on-site enterprise wireless communications devices. Financing was provided by The Private Bank & Trust Co., although specific details were not disclosed. Sun Capital acquired Spectralink back in May 2012. www.spectralink.com

Thoma Bravo

• Thoma Bravo has agreed to acquire Qlik Technologies Inc. (Nasdaq: QLIK), a Radnor, Penn.-based provider of business intelligence software, for approximately $3 billion, or $30.50 per share. Other early suitors had included Bain Capital and Permira. Read more.

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

Happy Networking,

JD Morris

JD Morris

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

Deals that close – Private Equity – 9/29/2014


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

  • The Canada Pension Plan Investment Board has invested $325 million to become a “major equity partner” of 21st Century Oncology Holdings Inc., a Fort Myers, Fla.-based provider of radiation therapy and other services to cancer patients in the United States and Latin America. 21st Century Oncology is majority-owned by Vestar Capital Partners. www.rtsx.com
  • The Carlyle Group has agreed to acquire a 75.05% stake and operational control of Southeast PowerGen, a portfolio of six natural gas-fired power plants in Georgia, from ArcLight Capital Partners and GIC. No financial terms were disclosed. www.carlyle.com

Carlyle Group

  • Standard Chartered Private Equity has invested $60 million for a “significant minority stake” in An Giang Plant Protection Joint Stock Co., a Vietnamese distributor of rice seeds and plant protection chemicals. www.agpps.com.vn
  • Treasury Wine Estates Ltd. (ASX: TWE) has rejected a pair of private equity takeover offers that would have valued the Australian wine-maker at around A$3.4 billion, saying the valuation was too low and the transaction would require too much leverage. One bid came from KKR and Rhone Capital, while the other came from TPG Capital. Read more.

tpg capital

• Vista Equity Partners has agreed to acquire TIBCO Software Inc. (Nasdaq: TIBX), a Palo Alto, Calif.-based provider of enterprise infrastructure and business intelligence software. The deal is valued at approximately $4.3 billion (including the assumption of debt), or $24 per share. Goldman Sachs managed the sale process, which had included interest from Thoma Bravo. www.tibco.com

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

Happy Investing & Networking,

JD Morris

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

KIA Classic LPGA event & PEG Deals that closed!


Investor Network invites all you snow bird to come visit us here in Carlsbad, CA for sun and fun with special lunch for our members at the KIA Classic at last week of March!  Email JD for details: jdm.networking@gmail.com

And now for deals that closed!

PRIVATE EQUITY GROUP DEALS THAT CLOSED!

Carlyle GroupThoma Bravo

Anytime Fitness, a Hastings, Minn.-based fitness club operator, has raised an undisclosed amount of private equity funding from Roark Capital Groupwww.anytimefitness.com 
Berkshire Partners has agreed to acquire Catalina Marketing, a St. Petersburg, Fla.–based consumer marketing company, from Hellman & Friedman. No financial terms were disclosed, although prior reports suggested that bids could come in at between $2 billion and $2.5 billion. Silver Lake also submitted an offer. www.catalinamarketing.com

The Carlyle Group has agreed to acquire the South Korean security systems unit of Tyco International Inc. (NYSE: TYC) for approximately $1.93 billion in cash. It is the largest private equity deal for a Korean target since 2008. www.carlyle.com

Exponent Private Equity has acquired the assets of The Loch Lomond Distillery Co., a UK-based distiller of Scotch whiskies and vodka. No financial terms were disclosed.www.lochlomonddistillery.com

Fred’s Inc. (Nasdaq: FRED), a Memphis-based chain of retail discount stores and full service pharmacies, has reached out to such possible buyers as H.I.G. Capital, CVS Caremark, Walgreen Co. and Dollar General Corp., according to Bloomberg. The company’s current market cap is around $733 million. www.fredsinc.com

FrontStream Holdings LLC, an online corporate philanthropy platform, has acquired TRUiST, a Washington, D.C.-based provider of philanthropy solutions. FrontStream is a portfolio company ofArsenal Capital Partnerswww.frontstreampayments.com

Kohlberg Kravis Roberts & Co. has acquired a majority stake in Sedgwick Claims Management Services Inc., a Memphis, Tenn.–based provider of claims and productivity management solutions, for $2.4 billion. Sellers include Hellman & Friedman and Stone Point Capital, although Stone Point is joining KKR as a minority equity partner. www.sedgwick.com

Modern Healthcare, a Monrovia, Calif.-based provider of specialty pharma services, has acquired two specialty pharmacies: Total Life Care Rx Pharmacy LLC (New Orleans) and Legacy Rx Holdings LLC (Orlando, FL). No financial terms were disclosed. Modern Healthcare is a portfolio company of Altamont Capital Partners. www.modernhealthinc.com

Northstar Travel Media, a Secaucus, N.J.-based travel media company, has acquired Travel Weekly China, Travel Weekly Asia,and Events China from Singapore-based Contineo Media. No financial terms were disclosed. Northstar Travel is owned by Wicks Group of Companies.www.northstartravelmedia.com

Riverbed Technology Inc. (Nasdaq: RVBD) has received buyout interest at around $25 per share from such firms as Silver Lake, KKR and Thoma Bravo, according to Bloomberg. A $25 per share offer would value the San Francisco-based networking equipment company at around $4.5 billion (including debt). It recently rejected a $21 per share offer from Elliott Management Corp., which previously had offered $19 per share. www.riverbed.com

Saban Capital, Discovery CommunicationsScripps Networks and Viacom all have submitted bids for UK television broadcaster Channel 5, according to the FT. Seller Richard Desmond is seeking around £700 million. www.channel5.com

Transpacific Industries Group (ASX: TPI) has agreed to sell its New Zealand waste management business to state-owned Beijing Capital Group for NZ$950 million (US$798m). Rival bidders included The Carlyle Group and a consortium that included two Maori tribes. www.transpacific.com.au

TriArtisan Capital Partners and Sentinel Capital Partners are in “advanced talks” to buy casual restaurant chain TGI Fridays from a subsidiary of Carlson Cos., according to Reuters. The deal could be valued at between $800 million and $900 million, with Morgan Joseph managing the process.www.tgifridays.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 & Investing,

JD Morris headshot

JD Morris

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

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

 

Update on Investor Network Nights and Private Equity Deals that closed!


We have added the head of the largest Family Office association and large Family Office / Institute that invest to the show!

URL learn more: http://redhookcapital.me/investor-network/

URL to register 2/3/2014 @ 5 pm online event:  https://attendee.gotowebinar.com/register/6532936708056343298

DEALS THAT CLOSED:

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

        Image     Image

  • Aqua Terra Water Management, a merchant operator of salt water disposal facilities, has acquired certain saltwater disposal assets from Ceiba Energy Services Inc. and Phyllis Disposal Ltd. No financial terms were disclosed for the deal, which helps Aqua Terra enter the Canadian Bakken. Aqua Terra is a portfolio company of Bregal Partnerswww.bregalpartners.com
  • AVX Learning LLC, a portfolio company of Comvest Capital, has acquired Adayana Industry Group, an Indianapolis-based provider of organizational performance solutions. No financial termswere disclosed. www.adayana.com
  • Comvest Partners has acquired Robbins Brothers Jewelry Inc., a Glendale, Calif.-based chain of engagement ring stores, from Weston Presidio and Dorset Capital. No financial terms were disclosed. www.robbinsbrothers.com
  • China Huarong Asset Management Co Ltd., a state-owned investment manager, is in talks with several private equity firms about a share sale that could raise more than $2 billion, according to Reuters. Suitors include Bain Capital, The Blackstone Group, BlackRock and KKR.www.chamc.com.cn
  • Crestview Partners and B-29 Investments have acquired a control stake in Texoma Transportation & Crude Marketing LLC, a provider of crude oil purchasing, gathering and transportation services to the oil and gas industry. The deal was done in conjunction with Texoma’s purchase of Edmond, Okla.-based CP Energy. No financial terms were disclosed.www.txtcm.com
  • Palladin Consumer Retail Partners has acquired KT Health LLC, a maker of kinesiology tape and related sports medicine products for the retail market. No financial terms were disclosed.www.pcrp.com
  • Pallet USA LLC, a portfolio company of Blackthorne Partners, has acquired most assets ofGoeman’s Wood Products Inc., a rival Milwaukee-area pallet operator. No financial terms were disclosed. www.palletusa.com
  • Rosser Capital Partners has acquired Hickory Tavern, a Charlotte, N.C.-based chain of casual dining restaurants. No financial terms were disclosed. Arlington Capital Advisors managed the process. www.thehickorytavern.com
  • Summit Materials has acquired both Alleyton Resource and its Colorado Gulf affiliate, which operates sand & gravel sites and ready-mix concrete plants. No financial terms were disclosed. Summit Materials was formed in 2009 by The Blackstone Group and Silverhawk Capital Partnerswww.summit-materials.com
  • The Carlyle Group and Investec Asset Management have agreed to invest an undisclosed amount in J&J Africa, a pan-African logistics company specializing in road transportation of general cargo along the Beira corridor. www.carlyle.com
  • The Carlyle Group has agreed to acquire a minority stake in Vogue International, a Tampa Bay, Fla.-based maker of Organix brand hair care products. No financial terms were disclosed.www.vogueintl.com
  • The Gores Group has acquired Zmags Corp., a provider of ecommerce-enabled digital catalogs and other ecommerce SaaS solutions. No financial terms were disclosed, except that Gores did the deal out of its small-cap fund. Zmags had raised around $18 million in VC funding fromOpenView Venture PartnersNorth Atlantic Capital and NorthCap Partnerswww.zmags.com
  •  TI Automotive, a UK-based auto parts maker, has received a buyout bid from Pamplona Capital Management, according to Bloomberg. This could complicate ongoing sale talks with Bain Capital, which are said to be in the range of $2 billion. TI backers currently include Oaktree Capital Group LLC and Duquesne Capital Management, based on a 2007 debt restructuring.www.tiautomotive.com

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

 

Happy Investing & Networking

JD Morris

JD Morris

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

OTHER WEBSITES:

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

Red Hook Capital URL: http://redhookcapital.me/

-banner-investor-network

Private Equity’s Top 50 Firms for 2012


If you have a great deal (i.e. great vs. good), let me introduce you to one of my friends that is a partner in Venture Capital, Private Equity, or other types of investors. Learn more about JD Morris:  http://www.linkedin.com/in/jdmorris

Today’s we profile the top 50 in size Private Equity Funds.   TPG, The Blackstone Group, KKR, Goldman Sachs, The Carlyle Group are all well know names, but as we know their are thousand of Private Equity Groups ( PEGs).  Here is a great chart about the top 50:

Top-50-thin

E-mail me about your deal and I can make an introduction based on it being a great deal.

Happy Investing & Networking

JD Morris

JD Morris

JD on LinkedIn: http://www.linkedin.com/in/jdmorris

Investor Network on Facebook: https://www.facebook.com/InvestorNetwork

Investor Network on LinkedIn: http://www.linkedin.com/groups/Investor-Network-Private-Equity-Venture-53760/about?trk=anet_ug_grppro

Investor Network Events: https://accreditedinvestornetwork.wordpress.com/investor-network-event/

investor-network