News Corp has agreed to acquire Investor’s Business Daily from O’Neil Capital Management for $275 million. Investor’s Business Daily (IBD) was founded as Investor’s Daily in 1984 by William J. O’Neil. IBD operates the Investors.com website which reaches almost 11 million unique visitors each month. According to News Corp, a majority of IBD’s annual revenues […]
Archives for March 30, 2021
Audax Adds Shoe Cover Maker to Aspen
Aspen Surgical Products, a portfolio company of Audax Private Equity, has acquired BlueMed Medical Supplies. Montreal-headquartered BlueMed is a manufacturer of disposable shoe covers and other personal protection products used in healthcare, pharmaceutical, and laboratory facilities. The company is led by President Michel Kassar. “We are very excited to join forces with Aspen and contribute […]
Crane Carrier Sold to Battle Motors
Turnspire Capital Partners has sold its portfolio company Crane Carrier Company to Battle Motors. Turnspire formed Crane Carrier in December 2018 to acquire the specialty vehicle group of Hines Corporation, a manufacturer of heavy-duty truck chassis, complete vehicles and aftermarket parts. Crane Carrier’s products are used in the work truck industry and include custom, severe-service […]
Greenbriar Closes Its Biggest Fund
Greenbriar Equity Group has held a final and oversubscribed closing of Greenbriar Equity Fund V LP with total capital commitments of nearly $1.7 billion. The new fund had an original target of $1 billion. Greenbriar began fundraising in October 2020 and completed the raise using an entirely virtual process. Greenbriar’s fifth fund is the largest […]
