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Redwood Logistics Grows Business Through Partnership With Private Equity
Tuesday, June 9, 2020 - 12:17pm | 140Read More...Redwood Logistics' CEO Mark Yeager talks about growing the business through partnership with private equity. Redwood Logistics' President Todd Berger is using tech to help shippers transform their supply chains. Visit Redwood Listen to more FreightWaves Podcasts Subscribe on Apple Podcasts...
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4Front Sells Assets For $18M To Pay Down Debt, Exits Maryland And Pennsylvania
Friday, May 1, 2020 - 11:35am | 380Read More...In a bid to reach cash flow positivity in the second half of 2020, 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) agreed to sell its non-core retail licenses in Maryland and Pennsylvania. The sale is expected to net Vancouver, Canada-based 4Front $18 million in cash. Pending regulatory...
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LocatorX Raises $6.6 Million In Angel Investment
Monday, April 13, 2020 - 11:12am | 486Read More...Track-and-trace technology startup LocatorX announced that it raised $6.6 million over the last year, which will help accelerate product development of its next generation SmartTags and scale up operations across both sales and marketing. The investments came from angel investors, taking the...
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Startup Guided By 'Deep Empathy For Truckers'
Thursday, April 9, 2020 - 2:04pm | 766Read More...TrueNorth, a carrier and software service for independent truckers, announced a $3 million raise this week amid a pandemic that has heightened awareness of the essential role truck drivers face in meeting society's basic needs. "I'm able to stay at home because a driver is out on the road,"...
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Brazilian Digital Freight Broker Cargo X Raises $80 Million
Thursday, April 9, 2020 - 10:08am | 531Read More...Brazilian digital freight marketplace Cargo X announced that it raised $80 million in Series E investment. This was Cargo X's fifth investment round, which was led by LGT Lightstone Latin America, with participation from Goldman Sachs Growth Equity, Valor Capital and Farallon Capital among others....
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Slync.io Secures $11 Million To Coordinate, Activate Supply Chain
Wednesday, April 8, 2020 - 4:15pm | 871Read More...Slync.io, a San Francisco technology startup, announced it had raised $11 million to grow its multiparty supply chain platform business, closing out a yearlong fundraising effort at the height of the coronavirus pandemic. "It's fitting with how it's gone for it to close in this kind of climate,"...
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Private Equity Group Lobbied Trump Administration For $500B Coronavirus Bailout Fund: Report
Wednesday, April 1, 2020 - 2:35pm | 478Read More...The American Investment Council, which acts as a lobbyist for the private equity industry, pushed the Trump administration to include $500 billion in relief for businesses as part of a coronavirus stimulus package, CNBC reported. The Private Equity Push Blackstone Group Inc (NYSE: BX), ...
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Private Equity Focusing On Primary Care Practices For Their Value And Social Impact
Monday, March 23, 2020 - 1:17pm | 645Read More...In recent years, private equity investments in physician groups have been concentrated in specialized multi-site practices like ophthalmology, dermatology, or orthopedic care. This trend has been driven by the high reimbursement rates for procedures performed by these medical specialties,...
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What's Behind Private Equity's Spotty Record In Trucking?
Wednesday, February 26, 2020 - 10:07am | 67Read More...We discuss private equity's increasing role in transportation with former investment banker JT Engstrom. Also on the docket are the FMCSA Drug and Alcohol Clearinghouse and the future of stock-trading social networks. Image Sourced from Pixabay
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Coronavirus Downs Dow, Private Equity Claims Another Carrier, More
Monday, February 24, 2020 - 6:11pm | 251Read More...On today's episode we're talking about the coronavirus escalating impact as cases spread and fears hit markets. Private equity claims another carrier. Mass layoffs as Starsky fails to find buyer. Plus, Mike Brown talks twenty years at Michael Dusi Trucking and what went wrong in the end. Steve...
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Longtime Nio Backer Hillhouse Capital Sells Off Entire Position In Chinese EV Maker
Tuesday, February 18, 2020 - 11:25am | 464Read More...A longtime Nio Inc – ADR (NYSE: NIO) investor has offloaded its entire stake in the Chinese electric maker, according to an SEC filing made Friday after the market close. Dropping Off From Nio Hillhouse Capital, a China-focused private equity investor, disclosed in...
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How Human Capital Matters Impact Private Equity Investment Decisions
Tuesday, January 28, 2020 - 3:19pm | 938Read More...Private equity firms carefully scrutinize many business factors before deciding whether to invest in a company—but rarely does that scrutiny include human capital. Yet, PE firms today commonly operate portfolio companies for years. So, we wonder, when will a company’s human capital...
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Highlight Motor Group Gets $55 Million Boost From Private Equity Investment
Wednesday, January 15, 2020 - 12:04pm | 236Read More...Canadian-based carrier Highlight Motor Group (HMG) received a $55 million minority stake investment from private equity firm Crédit Mutuel Equity, a subsidiary of French-based banking group Crédit Mutuel Alliance Fédérale. The investment is aimed at supporting HMG "in its continued growth in the...
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Bleakley's Peter Boockvar Talks About Buffett's Tech Data Loss
Friday, November 29, 2019 - 3:35pm | 438Read More...Billionaire investor Warren Buffett lost a bidding war against private equity giant Apollo Global Management to buy Tech Data Corp (NASDAQ: TECD). It's a result of the "Oracle of Omaha" being too price-sensitive, according to Peter Boockvar, chief investment officer at Bleakley...
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Why Walgreens Could Be Valued At $71/Share In A Leveraged Buyout
Tuesday, November 19, 2019 - 4:00pm | 523Read More...Mizuho raised the potential takeout range in a possible leveraged buyout for Walgreens Boots Alliance Inc (NASDAQ: WBA) to as high as $71 a share, but said something closer to $67 is more likely. The Analyst Mizuho analyst Ann Hynes raised the potential takeout range to $64-$71 per share, up from...
