Enterprise value

Alter Domus secures strategic investment from Cinven

Retrieved on: 
Monday, March 4, 2024

Alter Domus, a leading global provider of end-to-end tech-enabled fund administration, private debt, and corporate services for the alternative investment industry, today announced that it has secured a new strategic investment from Cinven.

Key Points: 
  • Alter Domus, a leading global provider of end-to-end tech-enabled fund administration, private debt, and corporate services for the alternative investment industry, today announced that it has secured a new strategic investment from Cinven.
  • Through the transaction, Cinven will support the long-term strategic growth of Alter Domus, working in close partnership with the founders of Alter Domus and Permira, who will continue to be significant shareholders.
  • Their continued involvement and investment in the firm is a huge endorsement for Alter Domus as a business, its global growth strategy to date and its future potential.
  • The investment from Cinven is a significant milestone in the development of Alter Domus as it continues along this trajectory.

Starwood Capital Group Unveils Strategic Investment in Echelon Data Centres

Retrieved on: 
Thursday, February 15, 2024

MIAMI, Feb. 15, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital" or "the Firm"), a leading global private investment firm focused on real estate, today announced that a controlled affiliate had made a strategic investment in Echelon Data Centres ("Echelon" or "the Company").  

Key Points: 
  • MIAMI, Feb. 15, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital" or "the Firm"), a leading global private investment firm focused on real estate, today announced that a controlled affiliate had made a strategic investment in Echelon Data Centres ("Echelon" or "the Company").
  • The transaction will see Starwood Capital commit approximately $850 million through Starwood Opportunity Fund XII and Starwood Real Estate Income Trust, Inc, becoming a 50% shareholder in Echelon and providing material capital for its continued growth.
  • Lorcain Egan, Co-Head, Europe, Starwood Capital Group, commented: "Starwood Capital is delighted to announce this investment in Echelon.
  • Niall Molloy, CEO & and Founder of Echelon Data Centres, said: "We are very pleased to enter into this transaction with our long-standing partner, Starwood Capital.

Starwood Capital Group Unveils Strategic Investment in Echelon Data Centres

Retrieved on: 
Thursday, February 15, 2024

MIAMI, Feb. 15, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital" or "the Firm"), a leading global private investment firm focused on real estate, today announced that a controlled affiliate had made a strategic investment in Echelon Data Centres ("Echelon" or "the Company").  

Key Points: 
  • MIAMI, Feb. 15, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital" or "the Firm"), a leading global private investment firm focused on real estate, today announced that a controlled affiliate had made a strategic investment in Echelon Data Centres ("Echelon" or "the Company").
  • The transaction will see Starwood Capital commit approximately $850 million through Starwood Opportunity Fund XII and Starwood Real Estate Income Trust, Inc, becoming a 50% shareholder in Echelon and providing material capital for its continued growth.
  • Lorcain Egan, Co-Head, Europe, Starwood Capital Group, commented: "Starwood Capital is delighted to announce this investment in Echelon.
  • Niall Molloy, CEO & and Founder of Echelon Data Centres, said: "We are very pleased to enter into this transaction with our long-standing partner, Starwood Capital.

CONNOR, CLARK & LUNN INFRASTRUCTURE TO EXPAND RENEWABLE ENERGY PORTFOLIO WITH INVESTMENT IN 297 MEGAWATT ALBERTA WIND FARM

Retrieved on: 
Wednesday, February 14, 2024

"The Sharp Hills wind farm is an attractive addition to our increasingly diverse portfolio of infrastructure assets.

Key Points: 
  • "The Sharp Hills wind farm is an attractive addition to our increasingly diverse portfolio of infrastructure assets.
  • "CC&L Infrastructure has a long history and significant expertise as an owner of more than 80 clean energy projects.
  • "We're excited to partner again with CC&L Infrastructure, this time in Alberta," added Sandhya Ganapathy, CEO of EDP Renewables North America.
  • "The Sharp Hills project underscores our continuing commitment to invest in Alberta and contribute to its grid resiliency and energy security.

Eco Modular, a Leader in Sustainable Modular Building Manufacturing, to Go Public Through Merger with Zalatoris II Acquisition Corp.

Retrieved on: 
Tuesday, December 5, 2023

Eco Modular Offers a full Turnkey and Offsite Solution for Sustainable Modular Manufactured Buildings across various Sectors.

Key Points: 
  • Eco Modular Offers a full Turnkey and Offsite Solution for Sustainable Modular Manufactured Buildings across various Sectors.
  • Transaction Represents an Enterprise Value of $600 Million for Eco Modular.
  • Eco Modular Expects to Have up to $66 Million in Cash to Fund Growth and Operations, assuming no redemptions.
  • The transformative merger is poised to position Eco Modular as a publicly traded company on NASDAQ under the Ticker Symbol EMOD.

Argus Research Initiates Equity Research Report Coverage on SYLA Technologies Co., Ltd. (NasdaqCM: SYT)

Retrieved on: 
Monday, November 20, 2023

NEW YORK, Nov. 20, 2023 /PRNewswire/ -- Argus Research, an independent investment research firm, has launched Equity Research Report coverage on SYLA Technologies Co., Ltd. (NasdaqCM: SYT)

Key Points: 
  • NEW YORK, Nov. 20, 2023 /PRNewswire/ -- Argus Research, an independent investment research firm, has launched Equity Research Report coverage on SYLA Technologies Co., Ltd. (NasdaqCM: SYT)
    Click Here to view full Argus Equity Research Report.
  • COMPANY HIGHLIGHTS: Excerpts (as conveyed by Argus Analyst Steve Silver) include:
    In our view, SYLA Technologies has achieved a leading position among Japanese real estate crowdsourcing platforms in the three years since the platform launch.
  • We see the company being well positioned to capitalize on favorable regulatory trends promoting real estate investments in Japan.
  • INVESTMENT THESIS: Click Here to view full Argus Equity Research Report and Investment Thesis.

Bregal Unternehmerkapital Announces the Sale of EA Elektro-Automatik to Fortive Corporation for €1,585 Million

Retrieved on: 
Tuesday, October 24, 2023

Bregal Unternehmerkapital (“BU”), a leading investment firm in the DACH region and Northern Italy, today announced the sale of EA Elektro-Automatik Holding GmbH (“EA” or the “Company”), a leading provider of electronic test and measurement devices, to US-based Fortive Corporation (“Fortive”) (NYSE: FTV) for an Enterprise Value of €1,585 Million.

Key Points: 
  • Bregal Unternehmerkapital (“BU”), a leading investment firm in the DACH region and Northern Italy, today announced the sale of EA Elektro-Automatik Holding GmbH (“EA” or the “Company”), a leading provider of electronic test and measurement devices, to US-based Fortive Corporation (“Fortive”) (NYSE: FTV) for an Enterprise Value of €1,585 Million.
  • The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in early first quarter of 2024.
  • Founded in 1974 and headquartered in Viersen, Germany, EA develops and manufactures programmable power supplies, electronic loads, and bidirectional power supplies used to test electronic components across various industrial and R&D applications.
  • As part of a succession plan, BU acquired the Company in 2019 through its second fund, BU II from the Company’s founders.

Group of Concerned Co-Founders and Investors in Terran Orbital Send Letter to Board Outlining Immediate Actions Required to Protect and Maximize Stockholder Value

Retrieved on: 
Thursday, October 12, 2023

Commence a comprehensive strategic review process and retain outside financial and legal advisors to evaluate all strategic alternatives and opportunities available to maximize stockholder value.

Key Points: 
  • Commence a comprehensive strategic review process and retain outside financial and legal advisors to evaluate all strategic alternatives and opportunities available to maximize stockholder value.
  • We write to you as aligned, long-term stockholders and experienced Aerospace & Defense investors seeking a constructive dialogue to protect and maximize the material value we believe is embedded within Terran.
  • We believe that Terran has several potential strategic opportunities available to maximize value for stockholders and other stakeholders.
  • We are highly confident that doing so will maximize long-term value for Terran and is in the best interests of the Company’s stockholders, employees, and customers.

Stratasys Mails Letter to Shareholders Highlighting Nano Dimension's Track Record of Value Destruction

Retrieved on: 
Thursday, July 27, 2023

The partial tender offer value is certain and shareholders will receive their cash IMMEDIATELY after Nano closes its partial tender offer.

Key Points: 
  • The partial tender offer value is certain and shareholders will receive their cash IMMEDIATELY after Nano closes its partial tender offer.
  • If Nano completes the partial tender offer and acquires at least 31.9% to 36.9% of Stratasys, Nano will purchase the rest of the Stratasys shares.
  • Nano’s nominees could block Stratasys from engaging in discussions regarding any transactions that would maximize value for Stratasys shareholders.
  • In fact, without the value Stratasys has created for Nano through its 14.1% investment in Stratasys, we would expect that the value destruction will only increase.

Full year trading update and notice of results

Retrieved on: 
Friday, April 28, 2023

Fair value movements and portfolio performance:

Key Points: 
  • Fair value movements and portfolio performance:
    Gross fair value reduction in the six-month period to 31 March 2023 of £23 million excluding FX.
  • Fair value movement reflects the net of £81 million increases offset by reductions of £104 million.
  • The lower fair value reduction relative to the Enterprise Value movements reflects the preference share protection limiting the downside.
  • Portfolio companies have adapted to the current environment and undertaken cost-cutting measures as well as prudently managing their own balance sheets.