Archive for April 2020
M&A wrap: Sterling Investment, Rising Stars, Work from Home, Engage Brands, Sun Capital, Boston Market
“Zoom from home, while effective, does not replace being on the road,” says Sterling Investment’s Amy Weisman about dealmaking from…
Read MoreRising Stars of Private Equity 2020: Call for Nominations
Sophia Popova of Summit Partners, was among the 10 individuals Mergers & Acquisitions named the 2019 Rising Stars of Private…
Read MoreFed’s Powell: More stimulus needed from Congress
The Federal Reserve chairman pledged to use every tool at the central bank’s disposal to limit the economic fallout from…
Read MoreHertz in talks with banks and treasury in push to avoid bankruptcy
Rental car companies have been hit as hard as the airline sector by travelers staying home due to the coronavirus…
Read MoreDealmaking under quarantine: 8 private equity and M&A pros share strategies while social distancing
Work From Home (WFH): Private equity investors, investment bankers and other dealmakers from Duane Morris, Harris Williams, NepFin, Nixon Peabody,…
Read MoreM&A wrap: Woodward, Hexcel, ACI, Speedpay, Bain, Constitution Capital, TA, Raymond James
Woodward and Hexcel terminate merger, as the coronavirus causes air travel to drop. ACI benefits from Speedpay acquisition with consumers…
Read MoreNo junk debt is too risky: how fed’s bailout changed everything
Some bankers who arrange debt deals for junk-rated companies and their private equity owners are encouraging even riskier borrowers to…
Read MoreHow ACI rapidly put Western Union’s tech to work in the coronavirus pandemic
When ACI Worldwide acquired mobile and bill payment technology from Western Union last year, it couldn’t have predicted an environment…
Read MoreM&A wrap: Asbury Automotive, Park Place, Diamond Offshore, Warren Buffett, Goldman Sachs, Paycheck Protection Program
Asbury Automotive calls off its deal for Jaguar dealership operator Park Place, citing a drop in sales from the coronavirus.…
Read MoreWhy not so small businesses benefited from small business rescue
The Paycheck Protection Program, touted as a Covid-19 lifeline for businesses with fewer than 500 workers, provided tens of millions…
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