Day: 19 July 2024

Lazard Exclusive: Advisory on Quanta Services’ $1.54bn Acquisition of Cupertino Electric

Lazard played a pivotal role as the exclusive financial advisor in Quanta Services’ strategic acquisition of Cupertino Electric, Inc. (CEI) for approximately $1.54 billion. This transaction marks a significant expansion for Quanta, enhancing its capabilities across the technology and renewable energy sectors. Founded in 1954 and based

Goldman Sachs Exclusive: Advisory on $2.1bn Amphenol Acquisition of Mobile Networks Businesses

Goldman Sachs is steering Amphenol Corporation through a strategic $2.1 billion cash acquisition of CommScope’s mobile networks businesses. This deal, which includes the Outdoor Wireless Networks and Distributed Antenna Systems segments, is expected to significantly enhance Amphenol’s product lineup. These segments are projected to

Blackstone Exclusive: Q2 Distributable Earnings Rose 3% YoY | Deep-Dive

Blackstone reported a 3% year-over-year increase in distributable earnings for the second quarter, totaling $1.3 billion, despite a mixed performance across its divisions. This modest growth was primarily driven by robust asset sales in its private equity and credit sectors, which helped offset a downturn in real estate. Based in New York, the

Barclays Exclusive: Advisory on NG Group’s Acquisition of Recycling and Waste Business From Fortum for €800m

Barclays has facilitated a pivotal deal where Summa Equity, through its portfolio company NG Group, will acquire Fortum’s recycling and waste management business for approximately €800 million. This strategic acquisition, announced on

Brookfield Asset Management: Expansion of Credit Business Through New US Broker-Dealer

Brookfield Asset Management has launched a new broker-dealer in the U.S., aiming to expand its substantial $300 billion credit division. Registered last month in New York, the new entity, Brookfield Securities, will operate as both a financial advisor and an underwriter of corporate debt. This initiative is part of