BC Partners

Logan Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, March 26, 2024
Regulation S-K, Growth, NAV, Regulation, Treasurer, Disclosure, BC Partners, Investment, NII, Family, Share repurchase, Total, LRFC, Cryptocurrency

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (“Logan Ridge”, “Logan”, “LRFC”, “Company”, “we”, “us” or “our”) (Nasdaq: LRFC) announced today its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Net asset value decreased to $33.34 per share as of December 31, 2023 from $34.78 per share in the as of September 30, 2023.
  • Restored the Company’s quarterly distribution during the first quarter of 2023, which has increased each quarter during the year.
  • As of December 31, 2023, the Company reported undistributed spillover earnings of $2.6 million, or $0.97 per share.
  • Our operating results for the years ended December 31, 2023 and 2022 were as follows (dollars in thousands):
    For the Years Ended December 31,

CD&R to Acquire Presidio from BC Partners

Retrieved on: 
Tuesday, April 2, 2024
Microsoft, Partner, UBS, Citigroup, Palo Alto Networks, Growth, Partnership, LionTree, LLP, CD&R, BC Partners, Guggenheim Partners, Martha Plimpton, Cisco, BNP Paribas, Dell, Wells Fargo, Plex Systems, Kirkland & Ellis, RBC Capital Markets, Management

NEW YORK, April 2, 2024 /PRNewswire/ -- Clayton Dubilier & Rice ("CD&R" or the "Firm") and BC Partners today announced that they have entered into a definitive agreement under which funds affiliated with CD&R will acquire a majority ownership position in Presidio, a leading technology services and solutions provider, from BC Partners. As part of the transaction, funds affiliated with BC Partners will retain minority ownership interest in Presidio. Terms of the transaction were not disclosed.

Key Points: 
  • NEW YORK, April 2, 2024 /PRNewswire/ -- Clayton Dubilier & Rice ("CD&R" or the "Firm") and BC Partners today announced that they have entered into a definitive agreement under which funds affiliated with CD&R will acquire a majority ownership position in Presidio, a leading technology services and solutions provider, from BC Partners.
  • As part of the transaction, funds affiliated with BC Partners will retain minority ownership interest in Presidio.
  • BC Partners acquired Presidio in 2019, successfully delisting the Company from the Nasdaq in a $2.1 billion take private transaction.
  • Under BC Partners' ownership, Presidio initiated and completed a transformative growth plan, developing a leading cloud services business and expanding internationally.

EQS-News: Mutares has successfully completed the acquisition of Temakinho from Cigierre S.p.A., controlled by BC Partners

Retrieved on: 
Wednesday, March 13, 2024
Acquisition, Restaurant, Supervisory board, HQ, MUX, Retail, BC Partners, EUR, Regulated market, SDAX, Frankfurt Stock Exchange, Shipbuilding

Mutares has successfully completed the acquisition of Temakinho from Cigierre S.p.A., controlled by BC Partners

Key Points: 
  • Mutares has successfully completed the acquisition of Temakinho from Cigierre S.p.A., controlled by BC Partners
    The issuer is solely responsible for the content of this announcement.
  • Mutares has successfully completed the acquisition of Temakinho from Cigierre S.p.A., controlled by BC Partners
    Munich, March 1, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Temakinho S.r.l.
  • ("Temakinho") from Cigierre – Compagnia Generale Ristorazione S.p.A. ("Cigierre"), owned by funds advised by BC Partners.
  • Temakinho has access to a central kitchen near Milan, where selected ingredients are processed and semi-finished products are temporarily stored and then delivered.

EQS-News: First acquisition in 2024: Mutares has signed an agreement to acquire Temakinho from Cigierre S.p.A., controlled by BC Partners

Retrieved on: 
Friday, February 16, 2024
Acquisition, Restaurant, Supervisory board, HQ, MUX, Retail, Meat, BC Partners, EUR, DOS, Regulated market, SDAX, Frankfurt Stock Exchange, Property management

First acquisition in 2024: Mutares has signed an agreement to acquire Temakinho from Cigierre S.p.A., controlled by BC Partners

Key Points: 
  • First acquisition in 2024: Mutares has signed an agreement to acquire Temakinho from Cigierre S.p.A., controlled by BC Partners
    The issuer is solely responsible for the content of this announcement.
  • First acquisition in 2024: Mutares has signed an agreement to acquire Temakinho from Cigierre S.p.A., controlled by BC Partners
    Munich, February 16, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Temakinho S.r.l.
  • ("Temakinho") from Cigierre – Compagnia Generale Ristorazione S.p.A. ("Cigierre"), owned by funds advised by BC Partners.
  • Founded in 2012 and headquartered in Milan, Temakinho has been the Italian pioneer offering premium Japanese-Brazilian sushi, meat cuisine and drinks.

Vestar Capital Partners Announces Promotions

Retrieved on: 
Thursday, February 1, 2024
Vice, Business administration, CFA, Ares Management, Bachelor of Science, UNC Kenan–Flagler Business School, CUNY, BC Partners, City college, Civil engineering, Duke University, Investment, BlackRock, UNC, Citigroup, J. P. Morgan, Management, Associate, University

NEW YORK, Feb. 1, 2024 /PRNewswire/ -- Vestar Capital Partners, a leading U.S. middle-market private equity firm, today announced the promotions of Wilson Orr and Ian Singleton from Vice Presidents to Principals, and Alyssa Stropoli from Senior Associate to Vice President.

Key Points: 
  • Orr and Singleton Promoted to Principal, Stropoli to Vice President
    NEW YORK, Feb. 1, 2024 /PRNewswire/ -- Vestar Capital Partners, a leading U.S. middle-market private equity firm, today announced the promotions of Wilson Orr and Ian Singleton from Vice Presidents to Principals, and Alyssa Stropoli from Senior Associate to Vice President.
  • "Vestar has a long history of homegrown talent and promoting from within, and we're proud to uphold that tradition with the promotions of Wilson, Ian and Alyssa," said Dan O'Connell, Founder and CEO of Vestar.
  • We congratulate each of them on their promotions and look forward to their continued contributions to the firm."
  • Prior to joining Vestar, she was an Associate in Investor Relations at BC Partners, and previously she was an Associate on BlackRock's High Yield Portfolio Management team.

Barclays appoints Ryan Voegeli as Head of Investment Banking for Canada

Retrieved on: 
Thursday, January 4, 2024
Banking, Professional Services, Finance, George Weston Limited, Investment banking, TELUS, OTPP, Bank, Shaw Communications, CIBC, Sale, Global Research, Country, Acquisition, Committee, Rogers Communications, BofA Securities, International finance, BC Partners, Telus International, IPO, Freedom Mobile, Head, GFL, Initial public offering

Barclays today announces the appointment of Ryan Voegeli as Head of Investment Banking for Canada.

Key Points: 
  • Barclays today announces the appointment of Ryan Voegeli as Head of Investment Banking for Canada.
  • Mr. Voegeli has twenty years of investment banking experience, and joins Barclays from CIBC Capital Markets where he was Head of Global Diversified Industries Investment Banking.
  • Prior to joining CIBC in 2011, Mr. Voegeli was Head of Canadian Telecom, Media & Technology Investment Banking at Bank of America Merrill Lynch.
  • The Barclays Canada team delivers Investment Banking, Global Markets, and Global Research coverage, providing clients in Canada with seamless access to Barclays’ global network, and extensive in-country opportunities for international clients.

Lazard LTD Reports Third-Quarter and Nine-Month 2023 Results

Retrieved on: 
Thursday, October 26, 2023
Asset Management, Professional Services, Finance, Sale, Air Methods, Smurfit Kappa, Venator, Kimco Realty, Francisco Partners, Share repurchase, Conference, GAAP, Acquisition, BPEA, Endo International, AUM, Growth, C corporation, Service provider, SVB, BPEA EQT, Reata Pharmaceuticals, Weather, Medicine, Silicon, Telegraph Media Group, BD (company), Lazard, Investment, United Group, Asset management, The Weather Company, National CineMedia, BC Partners, Ferrero SpA, Bed Bath & Beyond, Beauty salon, Clothing, Financial services, Security (finance), Video game, Cryptocurrency, Insurance, Bank, Vistra Corp, Nutrinova, Fenofibrate

For a list of publicly announced Financial Advisory transactions on which Lazard advised in the third quarter of 2023, or continued to advise or completed since September 30, 2023, please visit our website at www.lazard.com/financial-advisory/transactions/ .

Key Points: 
  • For a list of publicly announced Financial Advisory transactions on which Lazard advised in the third quarter of 2023, or continued to advise or completed since September 30, 2023, please visit our website at www.lazard.com/financial-advisory/transactions/ .
  • For the third quarter of 2023, Asset Management operating revenue was $262 million, flat compared to the third quarter of 2022.
  • AUM as of September 30, 2023, was $228 billion, 5% lower than June 30, 2023, and 15% higher than September 30, 2022.
  • ET on October 26, 2023, to discuss the company’s financial results for the third quarter and first nine months of 2023.

HRC Financial Group Secures New Partnership to Distribute Two Credit Funds

Retrieved on: 
Tuesday, October 24, 2023
Banking, Asset Management, Professional Services, Finance, Ticker, HRC, Marketing, Partnership, Investment, BC Partners, Tetragon Financial Group, Security (finance), Bank

Under the new agreement, HRC will now offer investors the Opportunistic Credit Interval Fund (“OCIF") (Ticker: SOFIX) and Alternative Credit Income Fund (“ACIF”) (Tickers: RCIIX, RCIAX, RCIWX, RCICX, RCILX).

Key Points: 
  • Under the new agreement, HRC will now offer investors the Opportunistic Credit Interval Fund (“OCIF") (Ticker: SOFIX) and Alternative Credit Income Fund (“ACIF”) (Tickers: RCIIX, RCIAX, RCIWX, RCICX, RCILX).
  • Tilting between private lending and discounted public market securities, the fund attempts to deliver returns throughout the credit cycle.
  • “We’re thrilled to work with the BC Partners team to distribute these two funds, as our firm expands its offerings in the private credit space,” said Tim Reick, CEO of HRC.
  • HRC will ensure that more investors can access the differentiated credit strategies of ACIF and OCIF.”

65 Equity Partners boosts leadership team in Europe and United States with the appointment of two senior Partners

Retrieved on: 
Tuesday, September 26, 2023
Partnership, Investment, Health, Abu Dhabi Investment Authority, Ridgemont Equity Partners, Partner, Head, Health care, DACH, LP record, Temasek, ADIA, Cinven, Executive Committee, Pascal, Growth, Abu Dhabi Investment Council, Family, BC Partners, Airline, Security (finance), Financial services

Pascal has joined as Co-Head of Europe and will be working closely alongside fellow Co-Head Alex Stirling, to jointly manage the European activities of 65 Equity Partners.

Key Points: 
  • Pascal has joined as Co-Head of Europe and will be working closely alongside fellow Co-Head Alex Stirling, to jointly manage the European activities of 65 Equity Partners.
  • Leon will also participate in the overall management of the US activities of 65 Equity Partners.
  • 65 Equity Partners is focused on providing flexible capital solutions to business owners and management teams with a preference for minority shareholdings.
  • "I am thrilled to join 65 Equity Partners, a young firm with big ambitions and an entrepreneurial mindset.

65 Equity Partners boosts leadership team in Europe and United States with the appointment of two senior Partners

Retrieved on: 
Tuesday, September 26, 2023
Partnership, Investment, Health, Abu Dhabi Investment Authority, Ridgemont Equity Partners, Partner, Head, Health care, DACH, LP record, Temasek, ADIA, Cinven, Executive Committee, Pascal, Growth, Abu Dhabi Investment Council, Family, BC Partners, Airline, Security (finance), Financial services

Pascal has joined as Co-Head of Europe and will be working closely alongside fellow Co-Head Alex Stirling, to jointly manage the European activities of 65 Equity Partners.

Key Points: 
  • Pascal has joined as Co-Head of Europe and will be working closely alongside fellow Co-Head Alex Stirling, to jointly manage the European activities of 65 Equity Partners.
  • Leon will also participate in the overall management of the US activities of 65 Equity Partners.
  • 65 Equity Partners is focused on providing flexible capital solutions to business owners and management teams with a preference for minority shareholdings.
  • "I am thrilled to join 65 Equity Partners, a young firm with big ambitions and an entrepreneurial mindset.