Brookfield to acquire freight container company Triton International for $4.7-billion PIPPA NORMAN /THE GLOBE AND MAIL Brookfield Infrastructure Partners LP is acquiring the world’s largest freight container player, Triton International Ltd., for US$4.7-billion in cash and shares, as the industry seeks to rebound from an inventory overhang in some areas that is weighing on demand. […]

CPE News (8.22.2022) – Enercare Inc., a portfolio company of Brookfield Infrastructure, has signed an agreement to acquire HydroSolution, L.P. (HydroSolution), Quebec’s leading provider of water heaters, heat pumps, electric vehicle charging stations and other equipment for the home. Closing of the acquisition is subject to certain customary conditions.   HydroSolution was founded in 1958 and […]

WSJ Inflation, rising interest rates and Russia’s invasion of Ukraine sent shock waves through the stock market, putting a freeze on the IPO pipeline By Corrie Driebusch Aug. 22, 2022 11:19 am ET The IPO market is on pace for its worst year in decades, leaving fledgling companies with few options but to burn through […]

CNBC TECH Andreessen Horowitz announces plans to invest in Adam Neumann’s new residential real estate company PUBLISHED MON, AUG 15 20221:03 PM EDTUPDATED 6 MIN AGO Ashley Capoot KEY POINTS Venture capital firm Andreessen Horowitz announced plans to invest in Adam Neumann’s new residential real estate company called Flow. Andreessen Horowitz said in a blog […]

  June 19, 2022 CPE News (6.19.2022) – Student Transportation of America/Student Transportation of Canada (STA/STC) has acquired Pacific Western Transportation (PWT), the largest privately owned transportation company in Canada. The PWT acquisition will add over 5,000 employees to the STA/STC family of companies and 4,100 vehicles to the STA/STC fleet, including 950 alternative fuels and […]

June 16, 2022 TELUS announces agreement to acquire LifeWorks, strengthening TELUS Health’s position as a leading global digital health and wellness provider Acquisition significantly accelerates TELUS Health’s vision of employer-based healthcare, increasing access to high quality, proactive healthcare and mental wellness for employees by unifying digital-first solutions across the care continuum  Adds LifeWorks’ leading employee […]

  June 13, 2022 Apollo announced that funds managed by its affiliates have agreed to acquire Cardenas Markets, a grocery retailer focused on serving the Hispanic community, from investment funds affiliated with KKR, a global investment firm. Upon completion of the transaction, Apollo Funds will combine Tony’s Fresh Market, a Chicago-based portfolio company, with Cardenas […]

May 6, 2022 Patrick Clark, Bloomberg News SONOMA, SONOMA VALLEY, CA – 2009: The water tower and manicured grounds at the Fairmont Sonoma Mission Inn Hotel & Spa are seen in this 2009 Sonoma, Sonoma Valley, California, summer morning photo. (Photo by George Rose/Getty Images) , Photographer: George Rose/Getty Images North America (Bloomberg) — Private real […]

China-based fast-fashion seller now worth more than H&M and Zara combined By Miriam Gottfried  and Charity L. Scott Apr. 4, 2022 10:45 pm ET Fast-fashion retailer Shein was valued at $100 billion in a recent funding round, according to people familiar with the matter, making the China-based apparel seller one of the world’s most valuable private […]

GREG MCARTHUR SECURITIES REGULATION REPORTER TIM KILADZE 11 COMMENTS Asset manager Ninepoint Partners LP has suspended redemptions on four of its private credit funds, citing a spike in payout requests related to the collapse of Bridging Finance Inc. and the resulting tension in private debt markets. The affected funds, which account for about $2.9-billion of Toronto-based […]

© 2022 PitchBook Data February 22, 2022 DuPont has agreed to sell the majority of its mobility and materials business to industrial materials maker Celanese Corp. for $11 billion. The division had attracted interest from private equity firms including Apollo Global Management, The Carlyle Group and Advent International, according to an earlier report from Bloomberg.

THE INDEPENDENT VOICE OF EUROPEAN PRIVATE EQUITY by Simon Thompson21 February 2022 The study exposes conflicts of interest that exist between corporate finance advisers and certain private equity sponsors in the UK mid-market. 94.5 per cent survey respondents say it is not in a client’s best interests for a corporate finance adviser to work on both sides […]

Scoops Up Sports Interaction Owner “Together with Entain’s application for an Ontario licence, this acquisition provides an excellent opportunity to drive further growth, in line with the Group’s growth and sustainability strategy.” Geoff Zochodne Last Updated: Feb 7, 2022 1:54 PM Entain Plc announced Monday it has bought the owner of Canadian bookmaker Sports Interaction, a move […]

Canada News Media Ontario Teachers’ investment vehicle assumes ownership of 870000 acres of sustainable US timberland – Ontario Teachers’ Pension Plan  January 26, 2022 By Megan Johnson   TORONTO, ON – Ontario Teachers’ Pension Plan Board (Ontario Teachers’) is pleased to announce it has completed a redemption transaction, whereby Tamarack Timberlands LLC, an investment vehicle owned […]

“We’re definitely seeing a lot of sellers’ markets across different industries and a lot of competition to deploy capital,” said PitchBook’s Rebecca Springer. Jessica Hamlin January 12, 2022 With more private equity capital available than ever before, valuations are high — and competition is even higher. According to PitchBook’s 2021 annual PE breakdown report, which was released […]

The deal for the publishing catalog, income from recorded music and performance royalties is valued at around $50 million By Anne Steele Dec. 21, 2021 7:00 am ET KKR & Co. Inc. and BMG are betting on ZZ Top. The investment firm and music company have acquired all of the Texas blues-rock trio’s music interests—the […]

21 DECEMBER 2021    By Kate Malczewski Teremana Tequila has sold more than 600,000 nine-litre cases in 2021, solidifying it as “the fastest-growing Tequila in the history of all spirits”, according to co-founder Dwayne ‘The Rock’ Johnson. Dwayne ‘The Rock’ Johnson: “I want to build Teremana into a true international brand” Professional wrestler-turned-actor Johnson launched […]

Reuters | December 6 2021 SAO PAULO (Reuters) -Shares in Brazilian infrastructure company CCR SA soared on Monday after a newspaper said Canadian pension fund Caisse de depot et placement du Quebec is looking to buy conglomerate Andrade Gutierrez’s stake in the firm. O Globo columnist Lauro Jardim reported on Sunday that CDPQ mandated two […]

  Transaction subject to approval by NHL Board of Governors NHL.com @NHLdotcom  2:56 PM The Pittsburgh Penguins and Fenway Sports Group entered an agreement Monday in which FSG will acquire controlling interest in the team. Mario Lemieux, a two-time Stanley Cup winner with the Penguins as a player, will remain part of the ownership group. He […]

Tea business has struggled for growth in recent years amid changing consumer tastes By Ben Dummett and Saabira Chaudhuri Updated Nov. 18, 2021 1:28 pm ET LONDON— Unilever UL +0.33%PLC has agreed to sell the bulk of its tea business to CVC Capital Partners for €4.5 billion, equivalent to more than $5 billion, the consumer-product giant’s latest move […]

Toronto e-commerce delivery startup expanding to the U.S. SEAN SILCOFFTECHNOLOGY REPORTER PUBLISHED NOVEMBER 8, 2021   Swedish retail giant IKEA is investing in a rapidly growing large-goods delivery and fulfilment service from Toronto that is set to expand in the U.S. On Monday, Bolt Logistics is announcing it has raised $115-million to build on one […]

BNN Bloomberg Nov. 16, 2021   Noah Zivitz, BNN Bloomberg Restaurant Brands International Inc. is bulking up in the sandwich department. The fast-food conglomerate announced Monday morning it’s buying Firehouse Subs for US$1 billion in cash. According to a release, Jacksonville, Fla.-based Firehouse has approximately 1,200 restaurants and has seen its year-to-date U.S. same-store sales rise 20 per […]

Matthew Fox Nov. 2, 2021, 09:12 AM Rivian R1T. Rivian Rivian plans to give retail investors the same access to its IPO that it gives to Wall Street. The electric vehicle startup plans to sell a portion of its IPO directly to SoFi users. That means retail investors that secure an allocation to the offering […]

    NEWS PROVIDED BY George Weston Limited  Oct 26, 2021, 07:00 ET TORONTO, Oct. 26, 2021 /CNW/ – George Weston Limited (“George Weston” or the “Company”) (TSX: WN) today announced that it has signed a definitive agreement to sell its Weston Foods fresh and frozen bakery businesses to affiliated entities of  FGF Brands Inc. (“FGF”) for aggregate […]

By Kirk Falconer – October 20 2021   Patterson vs OMERS, which has not been tested in court, might soon be joined by more plaintiffs, turning it into a class-action suit, sources told Buyouts. OMERS rejected a wrongful dismissal lawsuit brought by one of its former private equity professionals, arguing that related compensation claims fly […]

Company is seeking a valuation of at least $3 billion in a sale, potentially more in an IPO The show ‘CoComelon’ was a breakout hit during the pandemic. Now the company behind it has received interest from multiple suitors. PHOTO: NETFLIX Updated Oct. 18, 2021 7:14 pm ET Moonbug Entertainment Ltd., the company behind the hit […]

  Aristocrat to Buy Playtech in $3.7 Billion Gaming Deal Harry Brumpton Mon., October 18, 2021, 3:14 a.m.·2 min read   (Bloomberg) — Australian slot-machine maker Aristocrat Leisure Ltd. has agreed to buy British gambling software developer Playtech Plc for A$5 billion ($3.7 billion). The offer values London-listed Playtech at 680 pence ($9.35) per share, […]

The Globe and Mail JAREN KERR MERGERS AND ACQUISITIONS REPORTER PUBLISHED OCTOBER 12,  Montreal-based Dorel Industries has agreed to sell its bicycle division to Dutch transport conglomerate Pon Holdings for $1-billion, almost twice the amount a U.S. private equity firm offered for the whole company in January. The bike unit, Dorel Sports, is the company’s […]

Stockholm listing would represent one of the car industry’s most striking turnarounds By Ben Dummett and William Boston Updated Oct. 4, 2021 11:00 am ET Volvo Cars, the Swedish auto maker owned by China’s Zhejiang Geely Holding, said Monday it would proceed with an initial public offering in Stockholm, in a deal that people familiar […]

Alternative-Milk Company Perfect Day Raises $350 Million, Prepares for IPO Ryan Pandya and Perumal Gandhi founded Perfect Day in 2014. PHOTO: PERFECT DAY By Corrie Driebusch Sept. 29, 2021 6:00 pm ET Perfect Day Inc. raised $350 million in a late-stage funding round, valuing the non-animal dairy startup at roughly $1.5 billion and setting the stage […]

Life Time IPO could raise $1 billion at valuation of $4.1 billion   Bahram Akradi is CEO of Life Time. NANCY KUEHN   By Mark Reilly  –  Managing Editor, Minneapolis / St. Paul Business Journal Sep 29, 2021, 12:51pm EDT Life Time Group Holdings Inc., which is working to return to the public markets after years as a […]

Because of intense competition in the mid-market for deals, the time GPs have to complete due diligence and decide on closing a transaction have shrunk, and require a lot more upfront work around things like market analysis, writes Michael Baruch on the Hub today. The average time to complete a deal has compressed to probably around […]

Reuters Sept 27 (Reuters) – Blackstone Inc (BX.N) said on Monday it would sell its The Cosmopolitan of Las Vegas resort and casino for $5.65 billion. As part of the deal, MGM Resorts International (MGM.N) would buy the operations of The Cosmopolitan for $1.63 billion. MGM would also enter into a long-term lease agreement with a partnership among Stonepeak […]

  09-13-21 BY NATE BERG And they could be the future of disaster relief. On the street outside Peaches Kitchen & Bar in Brooklyn, New York, two translucent outdoor dining structures are now standing like oversized glowing lanterns. Like the outdoor dining spaces of other restaurants across the city and around the world, these structures […]

Federer invested in Swiss sneaker brand On in 2019 as part of an endorsement deal following his split with Nike BY KURT BADENHAUSEN Sportico Media, LLC September 15, 2021 4:37pm   Roger Federer has played only a half-dozen tournaments since the start of 2020, due to a trio of knee surgeries, but the Swiss tennis ace continues to […]

Dutch Bros stock jumps 60% after IPO By Mike Rogoway | The Oregonian/OregonLive Published: Sep. 15, 2021, 9:58 a.m. Dutch Bros Chairman Travis Boersma showed up at his company’s Wall Street debut Wednesday wearing flip-flops, a backwards ballcap and a Rage Against the Machine T-shirt. His company’s initial public offering instantly made him one of Oregon’s […]

    The Purchase of Kingdom Holding Company Affiliate’s 23.75% Interest for $2.21 Billion Reaffirms Commitment to the Value of Four Seasons Brand NEWS PROVIDED BY Four Seasons Hotels Limited  Sep 08, 2021, 08:34 ET   TORONTO, Sept. 8, 2021 /CNW/ — Four Seasons Hotels and Resorts (“Four Seasons” or “the Company”), the world’s leading luxury hospitality company, […]

TechCrunch Darrell Etherington@etherington / 7:30 AM EDT•August 17, 2021 Image Credits: Hopper Travel tech company Hopper has raised a $175 million Series G, the company said today. That’s nearly the same amount it raised in a Series F round that closed earlier this year. These are indeed new funds, however, bringing its total raised to date to nearly $600 million, with the […]

Vectura has withdrawn its recommendation for Carlyle’s offer   By Corinne Gretler and Dinesh Nair August 8, 2021, 6:01 AM EDT Updated on August 9, 2021, 6:31 AM EDT Philip Morris International Inc. and private-equity firm Carlyle will face off in a rare auction as they compete to buy U.K. asthma drug maker Vectura Group Plc. The procedure kicks […]

An electrified highway is theoretically the most efficient way to eliminate truck emissions. But the political obstacles are daunting. By Jack Ewing Aug. 3, 2021 OBER-RAMSTADT, Germany — On a highway south of Frankfurt recently, Thomas Schmieder maneuvered his Scania tractor-trailer and its load of house paint into the far right lane. Then he flicked a […]

Firm led by former Disney executives Kevin Mayer and Tom Staggs plans to acquire other content companies Reese Witherspoon said the Hello Sunshine deal is an endorsement of her bet that Hollywood needs more stories told by and for women. By Benjamin Mullin and Miriam Gottfried Aug. 2, 2021 10:30 am ET   Reese Witherspoon’s […]

Cenovus to buy renewable power from Cold Lake First Nations, Elemental Energy partnership July 22, 2021 08:00 ET | Source: Cenovus Energy Inc   CALGARY, Alberta, July 22, 2021 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has entered into a power purchase agreement (PPA) to buy solar-power produced electricity and the associated emissions offsets […]

   NEWS PROVIDED BY EXFO Inc.  Jul 20, 2021, 10:52 ET QUEBEC CITY, July 20, 2021 /PRNewswire/ – Mr. Germain Lamonde today issued the following statement: Viavi Solutions Inc. (Viavi) made a fourth unsolicited, non-binding proposal to acquire EXFO Inc. (EXFO), and, for the fourth time, I make it crystal clear to Viavi and to my board of directors at […]

FoodNavigator-USA By Elaine Watson 14-Jul-2021   L-R: Flow CEO Maurizio Patarnello and founder Nicholas Reichenbach. (Picture credit: Flow Beverage Corp) Common shares in naturally alkaline spring water Flow Beverage Corp. began trading on the Toronto Stock Exchange today (ticker symbol ‘FLOW’), following the company’s reverse takeover transaction via a three cornered amalgamation with RG One […]

BLOOMBERG NEWS WIRE Carol Zhai, Bloomberg News Jul 12, 2021 (Bloomberg) — Porter Airlines Inc. plans to order as many as 80 Embraer SA commercial E195-E2 jets as it expands services to Toronto’s Pearson International Airport. The decision moves the regional carrier squarely onto larger rival Air Canada’s home turf as the airline industry prepares for […]

US investment manager takes shareholding in La Liga champions’ new holding company.  SportsPro Media Posted: June 28 021 By: Ed Dixon Atletico HoldCo now the club’s majority shareholder with a 65.98% stake Capital increase to help offset lost income due to Covid-19 Atletico’s debt reportedly hit €999m following the 2019/20 season Atletico Madrid have agreed […]

Telegraph Media Group Progress on the $7bn site has been painfully slow as environmental campaigners and bureaucratic red tape frustrate the Tesla boss ByMatthew Field    26 June 2021 • 11:00am Elon Musk’s early vision for Tesla’s gigafactory in Berlin was typically outlandish. Brimming with confidence, the world’s second richest man promised to build a […]

The healthcare software provider intends to use the funding to expand further into global markets Author of the article: Stefanie Marotta Publishing date: Jun 24, 2021  •  Montreal-based healthcare software provider Alaya Care Inc. is bolstering its expansion into the United States with a $225 million funding round led by Al Gore’s investment firm. The […]

18th June, 2021 by Nicola Carruthers Constellation Brands has acquired a minority stake in Dos Hombres Mezcal, founded by Breaking Bad actors Aaron Paul and Bryan Cranston, for an undisclosed sum. Long-time friends Aaron Paul and Bryan Cranston with their Dos Hombres brand American actors Paul and Cranston launched Dos Hombres in July 2019. The brand made its debut in the […]