Spice maker McCormick & Co Inc MKC.N said on Tuesday it would buy hot-sauce maker Cholula’s parent from private equity firm L Catterton for $800 million, as it looks to cash in on robust demand for packaged foods during the COVID-19 pandemic. Several food...
Credit Suisse expects to take a roughly $450 million impairment on alternative investment firm York Capital Management’s retreat from its core hedge funds business, the Swiss bank said. The Wall Street Journal on Monday reported the New York-based firm had informed...
Midmarket private-equity firm Charlesbank Capital Partners is picking up commitments for its 10th flagship vehicle and a related overage fund, after corralling almost $1.4 billion across its debut technology and second credit funds earlier this year. The Boston-based...
H.I.G. Capital (“H.I.G.”), a leading global alternative asset management firm with $42 billion of equity capital under management, is pleased to announce the closing of its third European Lower Middle Market Fund, H.I.G. Europe Capital Partners III (the “Fund”). The...
Stanhope Capital and FWM Holdings, the investment company that oversees the Forbes’ family fortune, have agreed to merge in a deal that creates one of the world’s largest independent wealth management groups with $24.2bn in assets under management. The tie-up comes...
