Monday Morning Outlook
General solicitation begins today — but don’t expect a deluge of advertisements…
Buyouts/Investments:
- Iconix invests $25 million in Complex Media
- Pleasant Kids goes public
- PE-backed Healthcare Solutions acquires Modern Medical
- Corsair is a frontrunner to buy 315 RBS branches
- Patrick Industries completes acquisition of John H. McDonald Co
- Stone Point in talks for next buyout fund
- OpenGate Capital to acquire Shoppers from Harte-Hanks for $22.5 million
- PE-backed JP Energy buys Highway Pipeline
- Golu Capital provides one-loan debt facility to PreCision Dermatology, Inc.
Events:
- A NYC panel discussing strategies for exiting portfolio companies
- Webinar Wednesday: Preparing your company for a successful sale
- A NYC roundtable on investing in distressed companies
Other News:
- On this day in history: the end of investment banks
- Private equity paying largest percentage of fees to investment banks
- Brentwood Associates hires Scott Staff as MD
- PE veterans launch TopQ
- The barbarians are still at the gate
- Why startups fail
- 6 secrets to getting a business loan
This week in history… The Travelers Group acquires Salomon Brothers for $9 billion (1997)