KKR has partnered with William “Dan” Daniel to seek and acquire industrial business headquartered in the United States. Mr. Daniel was the executive vice president of Danaher from 2008 through March 2020. Danaher designs, manufactures and markets professional, medical, industrial, and commercial products and services used in the life sciences, diagnostics, and environmental sectors. The […]
Levine Leichtman Capital Partners (LLCP) has announced a management succession plan that names Matthew Frankel and Michael Weinberg as managing partners. LLCP was founded in 1984 and its co-founders – Arthur Levine and Lauren Leichtman – will remain with the firm as co-chairpersons of its executive and investment committees. In their new roles, Messrs. Frankel […]
Charlesbank Capital Partners has held a $700 million, oversubscribed, and hard cap closing of Charlesbank Credit Opportunities Fund II LP. The new fund’s original target was $500 million. Fund II has more than 30 institutional limited partners including public and corporate pensions, endowments, foundations, financial institutions, asset managers and family offices, as well as high […]
San Diego-headquartered HCAP Partners has promoted Bhairvee Shavdia to principal. Ms. Shavdia joined HCAP Partners in 2015 and has been active in building and implementing the firm’s impact investing methodology that supports the creation of jobs that provide both economic opportunity and health and wellness. According to HCAP, most of the capital that it invests […]
Evolution Managers Capital (EMC), an investor in emerging private equity firms, has made its second fund investment to date by backing Greens Farms Capital. EMC was formed in October 2019 by Chicago-based HC Private Investments (HCPI) and Boston-based family office Landon Capital Partners (LCP), to provide financial backing and support to lower-middle market private equity […]
According to Datasite, over the next five years new technologies, including artificial intelligence, will transform the mergers and acquisitions process by decreasing the time it takes to perform due diligence to less than a month from three to six months today. Datasite’s new report – The New State of M&A – is based on a […]
A recent survey by L.E.K. Consulting, conducted just before the economic dimension of the COVID-19 pandemic took hold, shows that nearly 50% of consumer packaged goods (CPG) brand owners expect to boost their spending on packaging, up from 41% who said the same in last year’s survey. Given some subsequent research in the space, L.E.K. […]
Houlihan Lokey has agreed to acquire MVP Capital, an advisory firm specializing in the technology, media, and telecom (TMT) sector. MVP’s services include mergers and acquisitions advisory, capital raising, restructuring advisory, and valuations. The firm’s sectors of focus include fiber optics, cell towers, distributed antenna systems, wireless communication, data centers, cloud and managed services, and […]
Grant Thornton has named Carlos Ferreira as its national managing partner for private equity beginning on August 1, 2020. Mr. Ferreira retains his position as the global co-leader for transaction advisory services at Grant Thornton. Mr. Ferreira succeeds Doug Gawrych, who will retire at the end of this fiscal year in accordance with Grant Thornton’s […]
Ontario Teachers’ Pension Plan Board has named Karen Frank as its new senior managing director of equities. Beginning in Fall 2020, Ms. Frank will lead the group’s equities department and will report to Chief Investment Officer Ziad Hindo. She will be based in Ontario Teachers’ London, UK office. Ms. Frank will succeed the current head […]
