Author: Adelaine Nelson

Apollo Global Management: Acquisition of Evri from Advent International | Deal Explained

Apollo Global Management has announced its acquisition of Evri, a leading UK parcel delivery company, from Advent International. The deal, set to close in the third quarter of 2024, marks a significant expansion for Apollo into the burgeoning e-commerce logistics market. Evri, known for its extensive

Morgan Stanley, Goldman Sachs: Advisory on Informa’s £1.2bn Acquisition of Ascential

Morgan Stanley and Goldman Sachs have taken center stage as the financial advisors in Informa PLC’s strategic acquisition of Ascential PLC for £1.2 billion. This move marks a significant consolidation in the business information sector, positioning Informa as a powerhouse in global business intelligence. Under the terms of the

BlackRock Exclusive: The Q2 2024 Results Highlights

BlackRock has disclosed its financial outcomes for the second quarter and the first half of 2024, ending June 30, with a reported diluted earnings per share (EPS) of $9.99, adjusted to $10.36. The firm recently announced its strategic acquisition of Preqin, a move poised to enhance its private market capabilities by integrating investments, technology, and […]

Citi, Centerview Partners: Advisory on Bosch $8.1bn Acquisition off HVAC Solutions Business

Citi and Centerview Partners have played pivotal roles as financial advisors in Bosch’s strategic acquisition of Johnson Controls and Hitachi’s residential and light commercial HVAC business, a deal valued at $8.1 billion. This transaction, the largest in Bosch’s history, is set to nearly double its HVAC market sales revenue to approximately 9 billion euros. Bosch […]

CD&R, Permira: The Buyout Offer of €2.2bn for Exclusive Networks SA

CD&R and Permira have extended a buyout offer to Exclusive Networks SA, valuing the French cybersecurity firm at around €2.2 billion. The proposal specifies a purchase

Jefferies Exclusive: Advisory on Middleground Capital €312m Acquisition of Stemmer Imaging

Jefferies has taken the lead as the financial and debt financing advisor in MiddleGround Capital’s strategic acquisition of STEMMER IMAGING AG, a leader in machine and artificial vision technology. The deal, valued at €312 million, includes a voluntary public takeover offer at €48.00 per share, a 52% premium over STEMMER’s closing share price on July […]

Evercore Exclusive: Advisory on Yokohama Acquisition of Off-the-Road Tire

Evercore has successfully orchestrated a pivotal deal, advising The Goodyear Tire & Rubber Company on the sale of its Off-the-Road (OTR) tire business to The Yokohama Rubber Company for $905 million. This strategic move is part of Goodyear’s broader Goodyear Forward transformation plan, aimed at refining the company’s focus and enhancing its financial structure. The […]

BlackRock Exclusive: Expansion of Research Division in the Middle East

BlackRock is expanding its research division in the Middle East, marking a significant enhancement of its operations in the region. The investment giant has appointed

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

JP Morgan, Goldman Sachs: Advisory on Supreme Acquisition for $1.5bn by EssilorLuxottica

JP Morgan and Latham and Watkins have taken the helm as exclusive financial and legal advisors for EssilorLuxottica in its strategic acquisition of the streetwear brand Supreme® from VF Corporation, valued at $1.5 billion in cash. The deal, slated to close by the end of 2024, positions Supreme® within EssilorLuxottica’s prestigious portfolio, which includes renowned […]