by Sebastian | Jul 6, 2023 | News
Saudi Arabian private equity firm and hotel owner The Olayan Group has bought the 120-room Mandarin Oriental, Barcelona, from Andorra-based family office Reig Capital Group, according to a news release from JLL. No price tag was disclosed in the July 3 deal, but the...
by Sebastian | Jul 6, 2023 | News
When it first appeared on the scene around ten years ago, Notion Capital was poised to take advantage of the oft-repeated phrase, “Software is eating the world.” In particular, it was aiming at what was then called the enterprise SaaS space. Several years on, and it’s...
by Sebastian | Jul 6, 2023 | News
In a move that creates a growing corporate giant in Delaware, the water speciality chemical company Solenis has closed a deal to acquire Diversey, a company that produces a wide variety of cleaning products. The all-cash deal for the publicly traded Diversey was set...
by Sebastian | Jul 6, 2023 | News
Beach Point CLO Management LLC, an affiliate of Beach Point Capital Management LP (collectively “Beach Point”), today announced the final closing of Sandstone Peak II Ltd., Beach Point’s second Collateralized Loan Obligation (CLO). The total deal,...
by Sebastian | Jul 5, 2023 | News
Family-owned food giant Mars Inc on Wednesday agreed to buy Kevin’s Natural Foods, which is known for its sous-vide meals, sauces, and side dishes, the companies said. The deal values private equity-backed Kevin’s at nearly $800 million, according to...
by Sebastian | Jul 5, 2023 | News
Chinese energy storage firm Xiamen Hithium Energy Storage Technology on Wednesday said it has raised more than $621.47m that will be used for capacity expansion, equipment purchases and technology research and development. Hithium manufactures cells and larger...