BETA Capitalization Report v20.05.04


KEYWORDS: Apollo Global Management, Advent International, The Blackstone Group, HealthpointCapital, Spectrum Equity, Cinven, KPS Capital Partners, Warburg Pincus, General Atlantic

NEW FROM EDITOR: Look for good news on May 7th!  Our LinkedIn group “Sell Your Company” will be changing it name soon as it reaches 9,983 members.  Please join us with M&A news at the following URL: https://www.linkedin.com/groups/2593533/

PRIVATE EQUITY NEWS:

  • Apollo Global Management is investing $300 million in Cimpressan Irish printing services provider. Financial terms weren’t disclosed.
  • Blackstone acquired a near 7% stake in Energy Transfer, a transporter of natural gases and crude oils, including shares held by Harvest Fund Advisors, per Bloomberg citing sources. Financial terms weren’t disclosed.
  • HealthpointCapital acquired IlluminOss Medicalan East Providence, RI-based provider of technologies for fracture repairs.
  • Cinven and Advent, the private equity firms behind planned Europe’s largest deal in a decade, are seeking other investors to help them pay for the €17.2 billion acquisition for Thyssenkrupp’s elevator business, per the Financial Times citing sources.
  • KPS Capital Partners agreed to acquire Lufkin, a Missouri City, Texas-based maker of rod lift products, from Baker Hughes (NYSE: BKR).  Financial terms weren’t disclosed.
  • Ocean Link, Warburg Pincus, and General Atlantic have offered to buy 58.com, a Chinese classified ads marketplace, for roughly $8.2 billion.
  • AE Industrial Partners acquired Adcole Maryland Aerospace, a Marlborough, Mass.-based provider of satellite components. Financial terms weren’t disclosed.
  • Spectrum Equity invested in OurFamilyWizard, a Minneapolis, Minn.-based co-parenting application. Financial terms weren’t disclosed.
  • Vander-Bend Manufacturing, a portfolio company of Aterian Investment Partners, acquired TMK Manufacturing, a Santa Clara, Calif.-based specialty prototyping and precision machining provider. Financial terms weren’t disclosed.
  • Macquarie Capital Principal Finance ​acquired a majority stake in Multifuels Midstream Group, a Houston-based operator of lateral natural gas pipelines and related infrastructure in the U.S. Financial terms weren’t disclosed.
  • MPK Equity Partners and Princeton Equity Group invested in Restoration 1, a Waco, Texas-based property restoration company and sister brand Bluefrog Plumbing + Drain, a plumbing franchise.
  • Warburg Pincus invested in Polyplus-transfection SA, a Illkirch, France-based, developer of gene and cell therapies, alongside the existing majority shareholder, ArchiMed. Financial terms weren’t disclosed.

Contact us about our search for funding EBITDA growth companies.  The Capitalization Report is still under beta and we hope to provide a more regular report in the near future.

 

 

 

Interviewing people about Due Diligence for articles or radio show #psbyjd


pexels-photo-612800

“Keep it simple is key to your success! Otherwise, you better have a lot of money to hire lots of lawyers, accountants, and other sage advisors.” – J20.01.25.0700E

101 RULES ABOUT DEALS

  1. Always make deals simple and transparent
  2. Know who are your investor(s)
  3. Try to know about the source of the money
  4. More to come from interviewing people

Most importantly hire experts such as lawyers, accountants, etc. to make sure you know what you are doing as double-checking is good, but triple-checking is better.

RESEARCH MATERIAL (WHY DID THEY FAIL)

1) Michael Robert Milken is an American financier and philanthropist. He is noted for his role in the development of the market for high-yield bonds (“junk bonds”), and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws.  Since his release from prison, he has also become known for his charitable giving.(finding best case study) Source Wiki: https://en.wikipedia.org/wiki/Michael_Milken

2) Bernard Lawrence Madoff is an American former market maker, investment advisor, and financier who is currently serving a federal prison sentence for offenses related to a massive Ponzi scheme. Source Wiki: https://en.wikipedia.org/wiki/Bernie_Madoff

3) Martha Helen Stewart is an American retail businesswoman, writer, television personality, former model, and convicted felon. As the founder of Martha Stewart Living Omnimedia, she gained success through a variety of business ventures, encompassing publishing, broadcasting, merchandising, and e-commerce. She has written numerous bestselling books, is the publisher of Martha Stewart Living magazine, and hosted two syndicated television programs, Martha, which ran from 2005 to 2012, and Martha Stewart Living, which ran from 1993 to 2004. Source Wiki: https://en.wikipedia.org/wiki/Martha_Stewart

In 2004, Stewart was convicted of charges related to the ImClone stock trading case. There was speculation that the incident would effectively end her media empire,[2][3][4] but in 2005 Stewart began a comeback campaign[5] and her company returned to profitability in 2006.[6] Stewart rejoined the board of directors of Martha Stewart Living Omnimedia in 2011[7] and became chairwoman of her namesake company again in 2012.[8] The company was acquired by Sequential Brands in 2015.[9]

4) Bernard John “Bernie” Ebbers (born August 27, 1941) is a Canadian businessman who was convicted of fraud and conspiracy as a result of WorldCom’s false financial reporting.[2] He co-founded WorldCom and served as chief executive officer.

The WorldCom scandal was, until the Madoff schemes came to light in 2008, the largest accounting scandal in United States history.

5) PEOPLE BACKED BY BASS FAMILY

5.1 Venture Capital Firm Liable For “Aiding And Abetting” Breach Of Fiduciary Duty.

https://www.keker.com/news/news-items/Venture-Capital-Firm-Liable-For-Aiding-And-Abetting-Breach-Of-Fiduciary-Duty_Stuart-Gasner

5.1.1 You will be painted as a monster always = a venture capital firm bankrolled by the Bass family, described by the Court with considerable understatement as a “wealthy Texas family engaged in the oil business”

5.1.2 Simple and transparent or it could cost you a lot of money =  after five years of litigation, the jury returned a verdict finding the defendants liable for over $7 million in restitution.

6.2 Other Cases Study (Times List Top 10 Bad CEOs)

7) More soon!

INPUT WELCOME………..

 

 

 

IN on Deck – keep it simple


“One should use common words to say uncommon things” – Arthur Schopenhauer

Again we trying to pivot and open with quote!  I have to say keep it simple from your words to your goals as it helps in getting results!

Our goal is networking for results!  Our moto 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, networking, and results!” – JD Morris

When working with people keep it simple, keep it core, use common words, and bottom line is focus on results (i.e. simple, core, common, etc.).  However, you will need to hunt, chase, hound, pursue relentlessly, etc.  being provacative, pushy, creative, etc. to get results!  Must people do not take action!

FYI: I waiting for 5 plus people to send me information to move forward with just simple summary of their business! Not even full executive summary.  I need a bad cop on my team!

COOL .JPG

Although you can say things have slowed down and hard to get results from people, I think it fair to say Unicorns are still trending!  People are still taking actions and getting results! CB Unicorn

DEAL DUMP

Let us do two day strategy with organic and M&A strategies to help you take action and get results!  1q2016 action = people needing to meet their 2016 goals (i.e. executive bonuses based on results)!  Look for lots small deals that will not make the press!

We have done deals with Spectrum Equity, GE, to name a few!  More important, here is the data dump:

  • Spectrum Equity has invested in Tenstreet, a Tulsa, Okla. provider of driver recruiting and workflow management software for the trucking and transportation industry. Financial terms were not disclosed.
  • GE has acquired Bit Stew Systems, a Vancouver, B.C.-based machine learning platform, and Wise.io, a Berkley, Calif.-based advanced machine learning technology. Financial terms were not disclosed. Bit Stews raised $24.3 million from investors including GE Ventures, Cisco Investments, and Yaletown Partners. Wise.io raised $3.6 million from investors including Voyage Capital.
  • Anchorage Capital Group and Little John & Co. have sold Contech Engineered Solutions, a West Chester, Ohio-based provider of infrastructure services for engineers, contractors, and architects, to QUIKRETE Holdings. Financial terms were not disclosed.
  • Five Points Capital has invested in the previously announced LNC Partners-led recapitalization of OutSolve, a Metairie, La. provider of affirmative action planning and compliance services for federal contractors.
  • Rubicon Oilfield International, a Warburg Pincus portfolio company, has bought Top-Co Holding, a provider of oilfield casing, cementing and completion products. No financial terms were disclosed.
  • FFL Partners has agreed to acquire Crisis Prevention Institute, a St. Louis-based provider of crisis prevention, non-violent physical intervention, and dementia care training, from Brockway Moran & Partners. Financial terms were not disclosed.
  • Koch Equity Development, the investment arm of Koch Industries, has invested $2.5 billion for a stake in Infor, which sells financial and manufacturing software to businesses. The deal values Infor at $10 billion. The company’s existing shareholders, including Golden Gate Capital, Summit Partners, and Management, will maintain control of the company.
  • Wireless communications provider NewNet Communication Technologies, a Skyview Capital portfolio company, has agreed to sell its RCS Business to Samsung. Financial terms were not disclosed.
  • Bernhard Capital Partners-backed Brown & Root Industrial Services, a Baton Rouge, La.-based operator of engineering, construction, and maintenance services, has acquired MEI Group, a Malvern, Pa. full-service turnaround specialist for industrial facilities globally. Financial terms were not disclosed.
  • Teakwood Capital has invested in HomeSphere, a Denver provider of digital lead generation and customer retention tools for builders and contractors. Financial terms were not disclosed.
  • Peak Rock Capital has sold Koroseal Interior Products, a Fairlawn, Ohio-based company that distributes and manufactures commercial interior products, to Sangetsu Corp. Financial terms were not disclosed.
  • FineLineTechnologies, a Norcross, Ga.-based provider of data and RFID solutions, has undergone a recapitalization from Summit Partners. Terms of the recap were not disclosed.
  • Phononic, a Durham, N.C.-based provider of solid-state cooling and heating technology, closed a $71 million investment with an additional $40 million in funding from UBS’ wealth management businesses. The syndicate of investors includes GGV Capital, Lookout Capital, Eastwood Capital Corp, Venrock, Oak Investment Partners, Tsing Capital, Huaneng Invesco WLRoss, Wellcome Trust and Rex Healthcare Ventures.

DISCLIAMER: Please always check with the website of the company or investor as this information is from the Associated Press, Bloomberg, CB Insights, Forbes, Reuters, Wall Street Journal, or other 3rd party sources.

BOTTOM LINE

You would be amazed how many deals from ideas, accredited, Venture Capital, Private Equity, etc. are done each week!  Bottom line come to SoCal (or DC, Hong Kong, London, NYC, and few other great location we know well) and let us relax, enjoy life, and make your strategy and vision unfold for 2017!

Happy Networking & Investing,

JD Morris

JD Morris

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

Here is our tag line: “Say Provocative statements that intelligent people argue about” fast without “dotting your i’s and crossing your t’s.” Here is where you can find us below the .JPG logo!

investor-network

 

1. Facebook with 3.2+ subscribers (best URL)

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

2. My Linkedin Profile (best referrals to date)

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

3. Linkedin Sell Your Company with 9,527 members

https://www.linkedin.com/groups/2593533

4. LinkedIn Investor Network with 5,180 members

https://www.linkedin.com/groups/53760

5. Investor Network Newsletter with 70K plus members

RSVP investornetworkbyJD@Gmail.com

6. Accredited Investor Network with 12k plus accredited investor members

RSVP info@AccreditedInvestorNetworking.com

7. Tweeter  @INbyJD has 1,504 subscribers

https://twitter.com/INbyJD

8. Tweeter @investingbyJD has 1,329 subscribers

https://twitter.com/investingbyJD

9. Instagram Growth Capital by JD has 239 followers (just launched)

https://www.instagram.com/growthcapitalbyJD/

10. Pintrest (just launched)

https://www.pinterest.com/jdmorrisSR/investor-network-by-jd/

 

 

Pipeline PEG and little beer talk!


beer-market-share

Still looking for that dream investment in the next Fat Tire Amber Ale, Sierra Nevada, or Samuel Adams.  Samuel Adams had the coolest IPO with option to buy pre-IPO through offer found in their 12 packs!  Wish I would invested in Samel Adams pre-IPO offering to its buyers.  Referral to all owners of beer companies is welcome as it is a hot space and I have friends ready to write a $100,000 to $50 million check!  Just text JD at +1 858-869-9483.

Happy to talk on the phone or grab a beer at La Costa Resort anytime to talk growth strategies, growth capital, or M&A anytime should you have EBITDA referrals.

THE PIPELINE

Today’s Pipeline is activity in the private equity space and is follows:

A-1 Machine Manufacturing Inc., a Santa Clara, Calif.-based maker of machines components and systems for the flat-panel display and semiconductor equipment markets, has raised an undisclosed amount of funding from Graycliff Partners. www.graycliffpartners.com  (Would love this referral)

• Area Wide Protective, a Kent, Ohio-based portfolio company of The Riverside Company, has acquired All State Traffic Control, a Bristol, Conn.-based provider of flagging services to utilities, utility contractors and roadway maintenance and repair customers in the Northeast. No financial terms were disclosed.www.awptrafficsafety.com

• Charme Capital Partners has acquired a majority stake in JD Classics, a UK-based restorer and retailer of premium classic road and race cars. No financial termswere disclosed. www.jdclassics.co.uk

• China Everbright Ltd. and IDG Capital Partners have acquired a control stake in China-based arts college Shanghai Film Academy, according to Private Equity International. No financial terms were disclosed. www.sfaa.com.cn

• Golden Gate Capital has completed its previously-announced acquisition of bankrupt apparel retailer Pacific Sunwear of California Inc. (PacSun), including a debt restructuring. Read more WSJ!

• Harvest Partners has led a $250 million investment into OTG Management, a New York-based operator of airport food and beverage concessions with more than 230 locations across 11 airports. www.otgexp.com

• MBK Partners and TPG Capital have submitted a joint bid for Wharf T&T Ltd., a provider of fixed-line telecom services in Hong Kong, according toBloomberg. The deal could be valued at around $1 billion, with the private equity consortium bidding against SmarTone Telecommunications Holdings (HK: 315).Read more.

tpg capital

• Platinum Equity has acquired Fabcon, a Savage, Minn.-based manufacturer of precast, pre-stressed concrete wall panels for nonresidential construction applications, from the company’s founders. No financial terms were disclosed.www.fabcon-usa.com

Platinum Equity

• Nazca Capital has agreed to acquire around a 75% stake in CAIBA, a Spanish maker of PET preforms and containers for the food, household products and personal hygiene sectors. No financial terms were disclosed. www.nazca.es

• Newfit, a licensee of six Fitness Connection health clubs in Dallas, has raised an undisclosed amount of private equity funding from LNK Capital (which also is an investor in Fitness Connection). No financial terms were disclosed, except that Golub Capital provided senior debt. www.lnkpartners.com

• Societe Generale is in talks to sell its 49% stake in a mutual fund joint venture with Chinese state-owned Baosteel Group, to Warburg Pincus. Read more via Reuters.

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

IMPORTANT: I am testing new blog posting and your feedback is welcome!

Happy Networking and Investing,

JD Morris

JD Morris

Text an EBITDA deal anytime at +1 858-869-9483

PEG Deals that close plus new live events!


telcommunications

Look for our shows on BlogTalk Radio, Facebook Live, and other media streaming events!

Text JD Morris at +1 858-869-9483 anytime for referrals of $50 million plus in revenue or $4 million plus in EBITDA!

And now for Private Equity Groups that closed!

 

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

• Albireo Energy, a portfolio company of Huron Capital Partners, has acquired Advanced Power Control and Energy Systems Technologies Inc., a pair of Newark, Del.-based providers of building automation systems, lighting controls, metering, fault detection and diagnostics, and energy services to building owners in the Mid-Atlantic region. No financial terms were disclosed. www.albireoenergy.com

• Bonlook, a Montreal-based eyewear company, has raised an undisclosed amount of private equity funding from Walter Capital Partners. www.bonlook.com

• GHO Capital has acquired Caprion Biosciences, a Montreal-based provider of immunology and proteomics analytical lab services, from Chicago Growth Partners. No financial terms were disclosed. www.caprion.com

• The Hilb Group, a Richmond, Va.-based portfolio company of ABRY Partners, has acquired Fern Park, Fla.-based Carrier Insurance Agency Inc. for an undisclosed amount. www.hilbgroup.com

• Hygiena LLC, a Camarillo, Calif.-based environmental testing and sanitation company, has raised an undisclosed amount of private equity funding from Warburg Pincus. Read more.

• The Riverside Company has acquired n2y LLC, a Huron, Ohio-based provider of education publishing services. No financial terms were disclosed. www.n2y.com

• Sentinel Capital Partners has acquired Revenew International, a Houston, Texas-based provider of cost recovery and cost containment services. No financial terms were disclosed. www.revenew.net

• Unilever (NYSE: UL) has acquired Dollar Shave Club, the Santa Monica, Calif.-based direct-to-consumer retailer of razors and other personal care products. No financial terms were disclosed, but sources say that the price-tag was $1 billion in cash.  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 Investing and 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