#private-equity

#private-equity

Jersey Mike's Subs secures future growth with Blackstone's majority stake, aiming for expansion and investment in technology amidst a challenging restaurant landscape.

Blackstone acquires Jersey Mike's Subs for $8 billion, highlighting its interest in fast-casual franchises and signaling growth potential for the company.

The HVAC industry is transforming with technology, and Airship aims to support contractors in maximizing sales opportunities through effective software solutions.

Gen Z is increasingly opting for trade schools to avoid debt and achieve lucrative careers, particularly in plumbing and HVAC sectors.

Angela Rayner's visit reflects the private equity industry's efforts to shape Labour's tax policies and counter proposed tax increases.

Private equity leaders celebrated the Labour party's decision to maintain favorable tax rates on carried interest.

Private equity executives should face the same income tax rates as other high earners, addressing tax equity.

Benchmark Partners maintains a consistent fund size of $425 million, deviating from the trend of larger funds in Silicon Valley.

General Catalyst is launching a continuation fund valued between $800 million and $1 billion amid a slowdown in IPOs and M&A activity.

In 2024, Insight Partners is experiencing record returns despite past concerns over high investment multiples paid in 2021.

NEA is re-entering the secondaries market with a new fund after becoming a registered investment advisor in 2023.

Peak XV is significantly adjusting its funds and fees to align with market dynamics and limited partners' interests.

Thoma Bravo has successfully acquired Darktrace for $5.3 billion, concluding a turbulent series of events including board resignations and the death of a key supporter.

Private equity is increasingly becoming a key liquidity provider for tech startups and scale-ups in 2024.

Amir Malik's move to Alvarez & Marshall highlights a strategic focus on digital technology in the growing private equity sector.

Nordstrom's founding family proposed to take the chain private for $23 per share, valuing the company at approximately $3.76 billion.

Celero Commerce is exploring a sale, potentially valuing the company at around $600 million amidst a slowdown in mergers and acquisitions.

Private equity firms are increasingly engaging employees through profit-sharing and equity programs to enhance motivation and performance.

KKR's sale of GeoStabilization will reward 900 employees with a $75 million payout, showcasing a shift toward shared workforce success in private equity.

Mako AI simplifies data retrieval and analysis for private equity associates using generative AI, enhancing efficiency in their work processes.

AI will greatly benefit software companies that control their data sets, according to Robert Smith at the CAIS Alternative Investment Summit.

Private equity serves as a valuable exit opportunity for startups due to its quick payment and consolidation potential.

NFL ownership rules may change to allow private equity investments, marking a shift from traditional ownership.

The NFL has officially allowed private equity investments in teams, aligning with other major leagues and signaling a potential future shift in ownership dynamics.

The NFL has approved private equity ownership in teams, breaking its longstanding policy against institutional investments.

The NFL owners voted to allow teams to sell up to 10% to private equity, enhancing team valuations.

NFL owners voted to allow private equity firms to buy up to 10% of franchises, changing ownership dynamics and attracting substantial investment.

The NFL's policy change allows private equity to invest in teams, enabling better access for investors and potentially increasing team valuations.

The rescue of TGI Fridays UK results in 35 branch closures and over 1,000 job losses, provoking backlash over staff treatment during redundancies.

The rescue deal for TGI Fridays' UK arm saves 51 locations but results in 35 closures and over 1,000 job losses.

A rescue deal for TGI Fridays UK could save over 2,000 jobs by selling up to 55 restaurants to new owners.

Private equity is re-evaluating fiber network investments due to rising costs of capital and deteriorating returns.

Apollo aims to double its assets under management within five years, implementing unique motivational tactics to adapt to changing market conditions.

ROAS, while popular for measuring marketing effectiveness, hinders long-term growth for private equity-backed brands by oversimplifying performance metrics.

Adtech startups are experiencing significant leadership changes influenced by investor demands for growth and profitability.

Private equity is increasingly becoming a key liquidity source for tech startups in 2024, with notable acquisitions changing the landscape.

The private equity business model is evolving, focusing more on operational talent and technology skills due to market challenges.

Increased demand for residential mortgages by private equity and insurance companies is driven by various factors including the end of the rate-hike cycle and favorable capital treatment.

The Nordstrom family is seeking to take the retailer private but faces investor skepticism regarding the financial offer.

Businesses warn that an increase in capital gains tax could reduce investment and threaten economic growth.

Private equity firms are increasingly investing in the sports sector, seen in Altor's acquisition of CCM Hockey.

Jamie Dimon condemns private equity's recruitment of early-career professionals as unethical and is considering measures to eliminate this practice.

Jamie Dimon criticized junior bankers for accepting future jobs with private equity firms, calling it unethical and threatening to eliminate such practices at JPMorgan.

The veto of a healthcare consumer protection bill is a setback for patient care advocacy in California.

Legislation aims to protect patient care by limiting private equity influence over healthcare decisions, despite concerns about investment deterrents.

Affinity Partners, owned by Kushner, has raised concerns as it collected $157 million without providing investor profits, suggesting potential foreign influence operations.

Megabus, once a budget travel staple, faces bankruptcy due to pandemic impact and unsustainable debt from private equity ownership.

The main cause of Red Lobster's bankruptcy was the gluttony of its private equity owners and subsequent corporate handling.

Secondary funds are providing liquidity for investors in private real estate amidst declining property values.

DWS aims to become a top five provider of private real estate debt as traditional lenders retreat from the market.

Shareholders of Distilled are exploring sale options potentially valuing the business at €600 million.

Discussions indicate potential restructuring among shareholders with continued stakes post-sale.