Portland’s Press Hotel, a former newspaper building transformed by developer Jim Brady into a 110-room boutique hotel, has been sold to a private equity investor, the companies announced on Monday. Terms of the sale were not disclosed. Brady’s Fathom Cos....
The biggest mergers and acquisition boom in history isn’t showing signs of slowing. Companies announced a mammoth $5 trillion-plus of deals in 2021, eclipsing the previous annual record set in 2007 by almost $1 trillion thanks to wave after wave of transformational...
Private equity firm New State Capital Partners has acquired Avex, an authorized distributor and recommended service center of Daher TBM turboprops in the southwestern U.S. With locations at Camarillo Airport in California and Rocky Mountain Metropolitan Airport in...
Private equity predators have spent close to £100billion plundering British companies since the start of the pandemic. The buyout barons have taken over 1,206 firms including household names from Morrisons to G4S, according to data from Refinitiv. The ‘pandemic...
Activist investor Starboard Value LP has purchased a 6.5% stake in web services firm GoDaddy worth about $800m, according to a regulatory filing with the U.S. Securities and Exchange Commission. Although no longer a major shareholder, Silver Lake and KKR still hold...