In late October, employees of Renovo Home Partners woke up to a harsh reality: their jobs vanished overnight. The company, once a promising venture backed by major investors like BlackRock, shut down abruptly. Workers were left without pay, health insurance, and unfinished projects. This sudden collapse raises questions about the risks of private equity ownership in ...
Starbucks is making a big move in China. They are teaming up with Boyu Capital, a private equity group based in Hong Kong. This deal will create a joint venture worth $4 billion. Starbucks will keep a 40% stake in their 8, 000 Chinese stores. Boyu Capital will hold up to 60%. This isn't just about money. It's about growth. Starbucks wants to open many more stores in...
Boeing has just wrapped up a massive deal. They sold some of their digital aviation businesses to a private equity firm called Thoma Bravo. The price tag? A whopping $10. 55 billion! This sale includes well-known brands like Jeppesen, ForeFlight, AerData, and OzRunways. The new company, Jeppesen ForeFlight, is now on its own. It will have offices in Denver and San F...
Selling a business is a big deal. It's not just about the money. It's about what you want and what the buyer wants. Two main options are out there: an individual buyer or a private equity firm. Each has its pros and cons. First, think about what you want. If you want a clean break and to keep your business as it is, an individual buyer might be the way to go. They u...
A new fund is making waves in the world of mining. Appian Capital Advisory and the International Finance Corporation (IFC) have teamed up to create a $1 billion fund. This fund is all about investing in critical minerals like nickel, copper, cobalt, and rare earths. These minerals are super important for things like renewable energy and tech. The IFC is putting in a...
A massive financial deal just shook up the world of live broadcasts. 26North Partners is putting $700 million into NEP Group. This is big news because NEP is a major player in live events, from the Super Bowl to the Olympics. This investment is not just about money. It's about expanding NEP's reach and pushing innovation in sports, entertainment, and media. The deal...
The UK's top court recently made a big decision. It said car finance companies might not have to pay as much money back to customers as previously thought. This could be a game-changer for the industry. The court's ruling means the total compensation bill might be less than half of what was initially estimated. That's a huge deal! Some experts think this could lead ...
Retirement accounts like 401(k)s are usually simple. They mostly hold stocks and bonds. But things might change soon. An order from President Trump wants to add new types of investments to these accounts. These include cryptocurrency, real estate, and private equity. Private equity firms buy companies, often those in trouble. Sometimes they fix these companies. Othe...
President Donald Trump has signed an executive order that could potentially open up 401(k) retirement plans to include investments in private equity and cryptocurrencies. This move, if fully implemented, would allow millions of Americans to diversify their retirement portfolios beyond traditional stocks and bonds. The process won't be immediate. Federal agencies wil...
A major investment group is thinking about a big move. They might raise over a billion dollars to keep a stake in a company that deals with water infrastructure. This is not a small deal. It's a big bet on the future of water management. The company in question is Azuria Water Solutions. They are not a small player. They are big in the water business. The investment...