Private investment firm Gryphon Investors said on Thursday it had agreed to sell Shermco, its portfolio company, to Blackstone in a deal valued at about $1.6 billion. Irving, Texas-based Shermco provides comprehensive...
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Lowe’s to buy Foundation Building Materials for $8.8 billion to boost contractor business
Lowe’s Cos said on Wednesday it has agreed to buy interior building products distributor Foundation Building Materials for nearly $8.8 billion, stepping up its expansion into the business that serves contractors...
Bankrupt jewelry retailer Claire’s to sell its North American business
Jewelry retailer Claire’s said on Wednesday it would sell its North American business to private equity firm Ames Watson for $104 million in cash, in a deal that will keep at least 795 retail locations in business...
UK blocks Versarien asset sale to Chinese-linked joint venture on security grounds
Britain blocked the proposed acquisition of graphene-related assets owned by Versarien Plc by a joint venture involving China’s Anhui Boundary Innovative Materials Technology, citing national security concerns...
Guess to go private in $1.4 billion deal with Authentic Brands, co-founders and CEO
Guess said on Wednesday it has agreed to be taken private by a group, including its co-founders, CEO and Reebok-owner Authentic Brands, in a deal valuing the designer apparel brand at $1.4 billion, including debt. As...
Dayforce in advanced talks for $70 per share buyout by Thoma Bravo
HR software firm Dayforce said on Wednesday it was in advanced discussions to be acquired by Thoma Bravo for $70 per share, as private equity firms look to software as growth drivers in an uncertain economy...
Credgenics takes majority stake in debt collection firm Arrise
Credgenics, a software-as-a-service (SaaS) debt resolution platform, has acquired a majority stake in debt collection firm Arrise to enhance its field debt collections. The company, which works with more than 150...
Carlyle to buy major stake in Knack Global
Private equity (PE) fund Carlyle Group has signed an agreement to acquire a significant majority stake in Knack Global, a Florida-based revenue cycle management (RCM) solutions provider, at a valuation of around $500...
HandsOn Global Management to acquire US-based Aideo Technologies LLC
HandsOn Global Management (HGM) (formerly known as HOV Services) announced its wholly owned US subsidiary Healthcare Capital Holdings LLC (HCH) has entered into a definitive agreement to acquire Aid Technologies LLC, a...
Schmitz Cargobull acquires 27.5% stake in India’s SZIT for cold chain
As part of its global expansion plan, European semi-trailer maker Schmitz Cargobull AG will acquire a 27.5 per cent equity stake in Sub Zero Insulation Technologies (SZIT), one of India’s leading producers of...
Black Hills, NorthWestern merge to form $15.4 billion utility to meet surging demand
Black Hills and NorthWestern Energy said on Tuesday they would merge, creating a $15.4 billion regulated electric and natural gas utility better equipped to invest in grid infrastructure and meet rising U.S. power...
StampMyVisa acquires Kunal Shah-backed travel tech startup Teleport
StampMyVisa, a B2B visa platform, has acquired Teleport, a new-age travel tech startup, as part of its plans to simplify and expand visa services across India and Southeast Asia. Teleport is backed by well-known Indian...
