Tailwater Capital Acquires Gas-Storage Provider NorTex Midstream

Tailwater Capital Acquires Gas-Storage Provider NorTex Midstream

Tailwater Capital agreed to acquire NorTex Midstream Partners LLC, betting that natural-gas storage will become increasingly important to help power operators compensate for the intermittent supply of renewable energy sources. Founded in 2007, Houston-based NorTex...
LVMH-backed PE firm L Catterton launches $250 mln SPAC

LVMH-backed PE firm L Catterton launches $250 mln SPAC

L Catterton, a private equity firm founded by Louis Vuitton owner LVMH and French billionaire Bernard Arnault, has launched a blank-check firm that aims to raise about $250 million in an initial public offering, a regulatory filing showed. Founded in 1989, L Catterton...
Kuehne & Nagel buys Asian logistics firm Apex International

Kuehne & Nagel buys Asian logistics firm Apex International

Swiss logistics firm Kuehne & Nagel said on Monday it would buy Asian logistics provider Apex International Corp from South Korea-based private equity company MBK Partners in the largest acquisition in its history. A person with direct knowledge of the transaction...
Starboard SPAC nears $3.4 billion merger deal for Cyxtera

Starboard SPAC nears $3.4 billion merger deal for Cyxtera

Starboard Value Acquisition Corp’s special-purpose acquisition company is discussing a merger deal with Cyxtera Technologies Inc that would value the data-center provider at around $3.4 billion including debt, the Wall Street Journal reported here on Sunday....