The New York Yankees baseball franchise and a Los Angeles investment fund are preparing to announce an investment in Italian football club AC Milan alongside US private equity group RedBird, which is closing in on the €1.2bn acquisition of Italy’s football champions,...
Levine Leichtman Capital Partners has ended its seven-year ownership of eating disorder treatment programme specialist Monte Nido through a sale to Revelstoke Capital Partners. The firm had picked up the business in 2015 using its fifth flagship fund, in a deal...
About a year ago, online retailer Packable was preparing to go public through a special purpose acquisition company. With the SPAC market having evaporated and the economy now sputtering, Packable is laying off staff and preparing to liquidate, according to internal...
Takeovers are falling apart from Sydney to Switzerland, leading to a gloomy late summer for Wall Street bankers as cheap financing dries up. More than $150 billion of mergers and acquisitions have been scrapped or stalled since the beginning of June, according to data...
OMERS Private Equity has picked up a majority stake in Huron Capital‘s commercial HVAC and plumbing services portfolio company Pueblo Mechanical & Controls. Huron bought into the Arizona-headquartered business four years ago, and has since made 16 bolt-on... 