Deutsche Bank

Stonepeak Completes Acquisition of Textainer

Retrieved on: 
Thursday, March 14, 2024
Deutsche Bank, BofA Securities, TGH, Simpson Thacher & Bartlett, Acquisition, Senior

NEW YORK and HAMILTON, Bermuda, March 14, 2024 (GLOBE NEWSWIRE) -- Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced it has completed its acquisition of Textainer Group Holdings Limited (NYSE: TGH; JSE: TXT) (“Textainer” or “the Company”), one of the world’s largest lessors of intermodal containers.

Key Points: 
  • NEW YORK and HAMILTON, Bermuda, March 14, 2024 (GLOBE NEWSWIRE) -- Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced it has completed its acquisition of Textainer Group Holdings Limited (NYSE: TGH; JSE: TXT) (“Textainer” or “the Company”), one of the world’s largest lessors of intermodal containers.
  • “Over the years, we have established Textainer as our customers’ “first call” for containers, and we look forward to continuing to earn our customers’ trust while growing with them.
  • We’re pleased to have found a great partner in Stonepeak, whose industry expertise and resources position us well to achieve our long-term goals.
  • Deutsche Bank acted as financial advisor to Stonepeak, and Simpson Thacher & Bartlett LLP acted as lead legal counsel.

Onto Innovation Announces Investor Relations Transition Plan

Retrieved on: 
Thursday, April 4, 2024
Software, Hardware, Public Relations, Investor Relations, Packaging, Communications, Technology, Semiconductor, Manufacturing, Deutsche Bank, Onto Innovation, Citigroup, Growth, Nomura Securities, Merrill (company), Knowledge, Research, Surjective function, Security (finance)

Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced that Michael Sheaffer plans to retire from the Company in July this year.

Key Points: 
  • Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced that Michael Sheaffer plans to retire from the Company in July this year.
  • A successor search has now been successfully completed with Sidney Ho joining Onto Innovation as vice president of investor relations.
  • Mr. Sheaffer will remain fully engaged in the investor relations role and will be the primary investor contact point until Mr. Ho assumes that responsibility during the Company’s investor meetings at SEMICON® West in July 2024.
  • Mr. Sheaffer, 74, joined Rudolph Technologies in 2017 as senior director of investor relations and continued that role for Onto Innovation following the merger of Rudolph Technologies and Nanometrics.

Silver Lake to Take Endeavor Private

Retrieved on: 
Tuesday, April 2, 2024
General Sports, Sports, Finance, General Entertainment, Professional Services, Events, Concerts, Licensing (Sports), Entertainment, MSD, Barclays, Goldman Sachs, TKO, Simpson Thacher & Bartlett, Endeavor Group Holdings, EDR, Royal Bank of Canada, Latham & Watkins, Telecommunications, Committee, Partnership, WWE, Royal Bank, Lexington Partners, Cravath, Swaine & Moore, VWAP, Endeavor (company), Centerview Partners, Kirkland & Ellis, Bank of America, BofA Securities, Sport, Acquisition, RBC Capital Markets, Whitesell, Growth, IMG, BDT, Deutsche Bank, Bank, LLP, Mubadala Investment Company, Martha Plimpton, Music, UFC, Management

Silver Lake believes that when consolidating all of TKO’s value into Endeavor, the combined total enterprise value of $25 billion will make this the largest private equity sponsor public-to-private investment transaction in over a decade, and the largest ever in the media and entertainment sector.

Key Points: 
  • Silver Lake believes that when consolidating all of TKO’s value into Endeavor, the combined total enterprise value of $25 billion will make this the largest private equity sponsor public-to-private investment transaction in over a decade, and the largest ever in the media and entertainment sector.
  • On the unaffected date, the equity value was $8.2 billion, and the premium to be paid by Silver Lake represents $4.6 billion more equity value to all Endeavor stockholders.
  • Ariel Emanuel, CEO of Endeavor, said: "Since 2012, Endeavor’s strategic partnership with Silver Lake and Egon Durban have been central to our evolution into the global sports and entertainment leader we are today.
  • Egon, Stephen, and the broader Silver Lake team have been and will continue to be phenomenal partners in Endeavor’s journey, and we look forward to the road ahead.”
    Stephen Evans, Managing Director of Silver Lake and a Director of Endeavor, said: “The team at Silver Lake is proud of our longstanding partnership with Endeavor, marked by more than $3.5 billion of direct investment across six distinct transactions over 12 years.

Rubrik Files Registration Statement for Proposed Initial Public Offering

Retrieved on: 
Monday, April 1, 2024
Technology, Data Management, Security, Deutsche Bank, Wedbush Securities, Citigroup, Exchange, Goldman Sachs, Wells Fargo, Form, Telephone, Sale, Attention, Guggenheim Partners, Prospectus, BMO Capital Markets, KeyBank, Barclays, Security (finance)

Rubrik, Inc. today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission related to a proposed initial public offering of its Class A common stock.

Key Points: 
  • Rubrik, Inc. today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission related to a proposed initial public offering of its Class A common stock.
  • The number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • A registration statement related to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective.
  • These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

Air Lease Corporation Announces Closing of Offering of €600 Million of Senior Unsecured Medium-Term Notes

Retrieved on: 
Thursday, March 28, 2024
Professional Services, Air, Aerospace, Transport, Manufacturing, Finance, Other Transport, Deutsche Bank, EUR, NatWest Markets, J. P. Morgan, BBVA, Air Lease Corporation, Sale, Société Générale, Security (finance)

Air Lease Corporation (NYSE: AL) (the “Company”) announced the closing on March 27, 2024 of its previously announced offering of €600 million aggregate principal amount of 3.70% senior unsecured medium-term notes due April 15, 2030 (the “Notes”).

Key Points: 
  • Air Lease Corporation (NYSE: AL) (the “Company”) announced the closing on March 27, 2024 of its previously announced offering of €600 million aggregate principal amount of 3.70% senior unsecured medium-term notes due April 15, 2030 (the “Notes”).
  • “We are pleased to announce the successful closing of our inaugural EUR bond offering.
  • The EUR market will serve as another strategic component of our global funding program as we seek to diversify our sources of liquidity,” said Greg Willis, Executive Vice President & Chief Financial Officer of Air Lease Corporation.
  • BBVA, Deutsche Bank, J.P. Morgan, NatWest Markets, and Societe Generale acted as joint book-running managers for the offering of the Notes.

Blueground Raises $45 Million Series D to Lead the Market for Furnished, Flexible Rentals for 30+ Day Stays

Retrieved on: 
Thursday, March 28, 2024
Commercial Building & Real Estate, Apps, Applications, Technology, Construction & Property, Venture Capital, Professional Services, Software, Internet, Other Construction & Property, Residential Building & Real Estate, Deutsche Bank, Growth, Entrepreneurship, SVB, LLLP, Morgan Stanley, City, Housing, Investment, HSBC, Silicon Valley Bank, Video game

Blueground , the largest global operator of furnished, flexible rentals for 30+ day stays, today announced that it has secured $45 million in Series D funding.

Key Points: 
  • Blueground , the largest global operator of furnished, flexible rentals for 30+ day stays, today announced that it has secured $45 million in Series D funding.
  • The capital will be used to accelerate the development of Blueground’s technology and new strategic initiatives, fueling the company’s continued growth.
  • Flexible lifestyles remain highly sought-after worldwide, catering to the needs of both individuals and corporate travelers in their professional and personal endeavors.
  • Blueground generated ~$2 million in booking value to date for the Partner Network partners since launching in Q3 2023.

Marco Santos to become CEO of GFT Technologies SE

Retrieved on: 
Wednesday, March 27, 2024
Networks, Data Management, Apps, Applications, Technology, Software, Deutsche Bank, Professional, Champaign–Urbana metropolitan area, STRABAG AG, Growth, USP, Computer science, CFO, Trust, MIT, Artificial intelligence, University of Cologne, Organic, Inc., GFT, University, Head, MBA, Bachelor, STEM, Tata Consultancy Services, STRABAG, International business, Singularity Group, Management

The Administrative Board of GFT Technologies SE today appointed Marco Santos as the new CEO of the digitalization group.

Key Points: 
  • The Administrative Board of GFT Technologies SE today appointed Marco Santos as the new CEO of the digitalization group.
  • In addition to his current role, Jochen Ruetz (56), CFO of GFT Technologies SE, will become Deputy CEO as of 1 January 2025.
  • Ulrich Dietz, Chairman of the Administrative Board of GFT Technologies, said: “Marco Santos is a guarantor of growth and innovation.
  • He has many years of capital market and business experience and has been CFO of GFT Technologies SE since 2003.

LTC to Participate in the Deutsche Bank Inaugural Healthcare REIT Summit

Retrieved on: 
Wednesday, March 27, 2024
Commercial Building & Real Estate, Construction & Property, Managed Care, Finance, Health, Professional Services, REIT, Residential Building & Real Estate, Deutsche Bank, LTC, Housing

LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that invests in seniors housing and health care properties, today announced senior management will participate in the Deutsche Bank Inaugural Healthcare REIT Summit in New York on Tuesday, April 2, 2024.

Key Points: 

LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that invests in seniors housing and health care properties, today announced senior management will participate in the Deutsche Bank Inaugural Healthcare REIT Summit in New York on Tuesday, April 2, 2024.

Houlihan Lokey Expands Financial Sponsors Coverage Capabilities with Experienced Hire

Retrieved on: 
Tuesday, March 26, 2024
Banking, Professional Services, Finance, Deutsche Bank, Houlihan Lokey, Goldman Sachs, Houlihan, Food, Capital market, Financial services

“We are absolutely delighted that Val has chosen to bring her deep experience and extensive market relationships to the Houlihan Lokey team.

Key Points: 
  • “We are absolutely delighted that Val has chosen to bring her deep experience and extensive market relationships to the Houlihan Lokey team.
  • I am excited to partner with my colleagues in Financial Sponsors, Financial Restructuring, and Capital Markets to continue to deliver superior advice to our client base around the world,” said Ms. Shapiro.
  • Houlihan Lokey is among the leading advisors to alternative capital providers, and our Financial Sponsors Group is the largest of its kind.
  • Ms. Shapiro becomes the sixth professional within the Financial Sponsors Group delivering focused, bespoke advice to our global credit-oriented client base.

Swift Sets Industry Up for Seamless Introduction of CBDCs for Cross-Border Transactions as Interlinking Solution Finds More Use Cases

Retrieved on: 
Monday, March 25, 2024
Carriers and Services, Technology, Professional Services, Payments, Electronic Commerce, Blockchain, Security, Networks, Internet, Fintech, Mobile, Wireless, Deutsche Bank, CLS Group, Automation, Savings bank, Standard Bank, Growth, United Overseas Bank, DVP, Tokenization, ANZ, Westpac, Risk, Sumitomo Mitsui Banking Corporation, Digital asset, Public policy, Intesa Sanpaolo, CBDC, Community business development corporation, Commercial, DTCC, Standard Chartered, DLT, NatWest Group, Ecosystem, HSBC, FX, CLS, DBS, Commercial bank, Cryptocurrency

Swift’s solution has already been shown to enable cross-border transfers and connect CBDCs on different networks with each other, as well as with fiat currencies.

Key Points: 
  • Swift’s solution has already been shown to enable cross-border transfers and connect CBDCs on different networks with each other, as well as with fiat currencies.
  • The second phase of sandbox testing went further, exploring more complex use cases, using Swift’s solution to connect and orchestrate transactions across simulated digital trade and tokenised asset and FX networks, alongside CBDCs for payments.
  • Swift now plans to extend its solution to support a wider range of emerging digital networks in addition to CBDCs, such as platforms for tokenised deposits.
  • This will help to facilitate access and usage of CBDCs in the new complex world of digital payments.