Archive for August 2020
M&A wrap: Johnson & Johnson, Sanofi, KKR, Jim Momtazee, Patient Square, CD&R, Levine Leichtman, Red Lobster
Covid-19 is spurring healthcare M&A including Johnson & Johnson’s deal for Momenta. CD&R and Levine Leichtman make software deals. Red…
Read MoreCovid-19 vaccines, tests and treatments spur healthcare M&A deals
Mergers & Acquisitions explores 5 ways the coronavirus is changing dealmaking, as pharmaceutical companies scramble to develop vaccines, diagnostic tools…
Read MoreLord & Taylor, oldest department store in the U.S., goes out of business after 194 years
Retailers have struggled during the coronavirus pandemic, as consumers lose jobs and the will to shop and dress up, with…
Read MoreFintech veterans launch blank-check firm to buy a startup
Betsy Cohen, formerly of The Bancorp Bank, and venture capitalist Ryan Gilbert have created a vehicle to raise hundreds of…
Read MoreM&A wrap: Monroe, Kerrigan Advisors, Zynga, Fastly, Palo Alto, Broadway Financial, Accel-KKR, Advent, Mill Rock
Monroe Capital has closed a new collateralized loan fund. Fastly and Palo Alto make cybersecurity deals. PE new from Accel-KKR…
Read MoreBroadway to become biggest Black-run bank after CFBanc acquisition
The Los Angeles company will remain a community development financial institution when it acquires the parent of City First Bank…
Read MoreHamilton Lane says private equity, debt to outperform post-covid
Private credit vehicles raised $57 billion in the first half of the year, buoyed by appetite for distressed strategies, according…
Read MoreM&A among car dealers expected to reach record levels in the second half of the year
Dealers are increasing their used vehicle sales and improving the efficiency of their operations by reducing headcount, according to Kerrigan…
Read MoreQuarantine drives M&A in mobile gaming
With entertainment options limited in the pandemic, mobile games like FarmVille have become more popular, leading to M&A deals.
Read MoreAveva buys SoftBank-backed Osisoft for $5 billion
The deal plays into industrial companies’ broader shift toward software-based automation that helps factories run more efficiently.
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