private equity

John Larkin joined Clarendon Group as Operating Partner in May of this year with prior experience at Stifel Financial Corp. as Managing Director of the Transportation and Logistics Investment Banking Team. With a seasoned career in the industry, Clarendon's acquisition of Larkin looks to be of...

Vista Equity Partners is still trying to sell Omnitracs, the fleet management software and hardware company it acquired for $800 million in a November 2013 leveraged buyout. After two canceled deals in December 2015 and June 2017 – in that second deal, Vista rejected a $2 billion offer from...

Two private equity firms have acquired ONroute, a chain of travel centers along Ontario's busiest highways. U.K.-based Arjun Infrastructure Partners and Canada's Fengate Asset Management purchased ONroute for an undisclosed terms from Canada-based KD Infrastructure L.P. and a Canadian subsidiary...

John G. Larkin, who became a transportation analyst in 1986 and has been part of the industry's embroidery ever since, has joined Clarendon Capital, LLC, a Potomac, Maryland-based private equity firm that is one of the few, if any, firms that invest only in transportation and logistics companies....

Shares of measurement and data analytics company Nielsen Holdings PLC (NYSE: NLSN) lost 10 percent Thursday morning in reaction to a New York Post report. What Happened Nielsen's management said in late 2018 it was considering strategic alternatives, including a sale. One of the...

Since 2006, the number of private equity-backed companies in the United States has more than doubled to approximately 8,000 in 2017, far exceeding the 4,300 companies whose equity is traded on public markets. Massive inflows of capital to private markets have continued, with $212 billion pouring...

More and more transportation and logistics companies are choosing to sell to private equity (PE) groups because of the value-add provided by PE firms and the increasing expense and burden of public markets. That was one of the main messages articulated by the participants in Stifel's "...

Third-party logistics (3PL) companies are attractive investments for private equity firms, enabling new companies in the space to grow faster than ever before. FreightWaves and Redwood Logistics teamed up to host a webinar on how the availability of private equity is shaking up the transportation...

With shares of Apollo Global Management LLC (NYSE: APO) down 12.5 percent this year, now is a compelling time to buy, according to Morgan Stanley. The Analyst Morgan Stanley’s Michael Cyprus reiterated an Overweight rating on Apollo with a $41 price target. The Thesis Cyprus gave three...

Hedge fund assets are expected to hit an all-time high in 2018, according to a new Agecroft Partners report.  While the the industry's public image is often negative, hedge fund assets are up for five consecutive quarters — reaching a new high in 2017 — and are expected to move...

After gaining nearly 75 percent over the past year, Apollo Global Management LLC (NYSE: APO)'s stock still has plenty of runway ahead in 2018, according to Wall Street's latest bullish analyst. The Analyst Morgan Stanley's Michael Cyprys upgraded Apollo Global's stock rating from...

Struggling restaurant chain Buffalo Wild Wings (NASDAQ: BWLD) saw its stock dip below the $100 per share earlier this year, but was thrown a lifeline in the form of a takeout offer. What You Need To Know Roark Capital, a private equity investment firm that owns various restaurant chains including...

Shares of Buffalo Wild Wings (NASDAQ: BWLD) surged higher by more than 25 percent after the restaurant chain received a take-out offer. What You Need To Know Roark Capital offered to buy the chicken wing casual fast food chain for $2.3 billion, or more than $150 per share, according to a report...

President Donald Trump's nominee to serve as the Federal Reserve's vice chair of supervision is great news for bank investors, CNBC's Jim Cramer argued during his daily "Mad Money" show Tuesday. Trump nominated Randal Quarles, a private equity professional and former undersecretary of the Treasury...

Shares of Big Lots, Inc. (NYSE: BIG) have lost 4 percent since in 2017 and are trading at a discount versus its peers, Loop Capital Markets' Anthony Chukumba commented in a report. As such, it may be a good idea for the company to go private since it's suffering from a "lack of respect...