Tag: Private Equity

INbyJD BYO Coffee Series = Stop by for Senior Executive Advisors (SEA) input on MBOs!

Join “Investor Network by JD” as we began our Zoom morning Coffee Series.

Contact via LinkedIn Jack or Charlotte to learn more. Or text Sarah at +1 858-869-9483 anytime.

URL for Jack’s LinkedIn: https://www.linkedin.com/in/jdmorrisjr/

FUTURE S.E.A. EVENTS:

  1. Venture Capitalist at Porche Race Track in Long Beach, CA
  2. Private Equity Groups at the Concours d’Elegance in Amelia Island, FL
  3. 10 more events TBA

NEXT EVENT

BYO Coffee SEA on Management Buy-Outs (MBOs) on Thursday 04/22/2021 at 8 am Pacific (20210422 08:00 Pacific)

Join Zoom Meeting
https://zoom.us/j/96175364488?pwd=MjVVTEQwQmJNMjNyVDJWZGZZWmx6Zz09

Meeting ID: 961 7536 4488
Passcode: 388999
One tap mobile
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Dial by your location
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Meeting ID: 961 7536 4488
Passcode: 388999
Find your local number: https://zoom.us/u/aeCTO9yR4X

REBLOG: US PE middle Market Report (Looking for co-investors in EBITDA deals)

RHC family of funds has strong propietary deal flow, but we always welcome referralf for $3 million plus EBITDA companies, accredited investors with $100,000 USD to co-invest, family offices with proof funds for $5 million to co-invest, and other sources of capital with track record and proof of funds.

Contact Sarah, Special Partner to a RHC fund, about setting up meeting with manager member of RHC’s funds or Special Purpose Entity (SPV/SPE) for co-investing.

Join our private investor network group to have access to our resources such as Pitchbook ($25,000 USD year value) and our sources of capital.

URL: https://spvfund.com/

REPOST/REBLOG

US PE middle Market Report

The US middle market ended a tempestuous year by
recording $480.9 billion in deal value—by a slim margin
the highest annual number on record. After the near
halt of deal activity in the wake of COVID-19 in Q2 2020,
convergent trends drove the middle-market recovery
in Q3 and a dealmaking frenzy in Q4. In 2020, deals
priced under $500 million accounted for the greatest
share of middle-market deals since the global financial
crisis (GFC), as some PE firms acted opportunistically
to acquire assets at a discount, while others snapped
up small companies with growth potential buoyed by
the pandemic. At the upper end of the market, a flight
to quality drove elevated valuations in the technology,
healthcare, and financial services sectors.

In 2020, US middle-market exits fell for the second
year in a row as many GPs delayed Q2 exits amid
market turmoil. However, by the end of the year, GPs
were making up for lost time in earnest, driving Q4 exit
activity above pre-pandemic levels—a trend that will
likely continue into 2021. Although sponsor-to-sponsor
exits declined YoY, they remained the most common exit
type for middle-market portfolio companies. Looking
ahead, special purpose acquisition company (SPAC)
mergers may facilitate more public exits for middlemarket companies

Although the amount of capital raised dipped by
approximately one third YoY, 2020’s US middle-market
fundraising proved resilient all things considered. GPs
raised 127 middle-market funds for a combined $101.1
billion—a far cry from 2019’s record-breaking heights
but roughly on par with fundraising levels in 2016-2018.
As a result of 2020’s disruptions, LPs flocked to middlemarket funds raised by the largest PE firms, especially
funds focused on technology and healthcare.

To access our research data contact Sarah or Charlotte via LinkedIn:

Charlotte, Intern and member of single family office

URL: https://www.linkedin.com/in/sellyourcompany/

Sarah, Special Partner to JD Morris & Ventures

URL: https://www.linkedin.com/in/sarah-m-297343209/

(use email to connect on LinkedIn: sym.networking@gmail.com)

IMPORANT: Please confirm what type of capital you can provide such as accredited investor, fund with $5 million USD dry powder, family office with proof funds of $5 million USD, private equity with proof of $5 million USD, or other sources of capital with proof of funds.

REPOST: Why PE firms targeting tech buyouts could face competition from SPACs

Why PE firms targeting tech buyouts could face competition from SPACs By Leah Hodgson March 10, 2021

Private equity has become a well-established path to liquidity for VC-backed startups, but a rebound in IPO activity and the rise of SPACs could mean more competition for deals.

PE buyouts have gone from representing 9.7% of global VC exits in 2010 to 16.4% in 2020, according to PitchBook data, making them the fastest-growing exit type compared with strategic acquisitions and IPOs. These deals—many of which are tech-focused—have continued into this year. Notable examples include Platinum Equity-backed Cision‘s $450 million purchase of Brandwatch from investors including Highland Europe and Nauta Capital, and Vista Equity Partners‘ reported $1.1 billion deal for Gainsight, backed by Battery Ventures and Lightspeed.

Read More: https://pitchbook.com/news/articles/pe-firms-tech-buyouts-competition-from-spacs

BETA: The Capitalization Report v20.12.14 Funds

KEYWORDS: Funds, Rally Ventures, Ada Ventures, Crossplane Capital, Forbion, Highland Europe, Curio Wellness, Venture Capital, Private Equity, Crossplane Capital Fund

NEW FUNDS

Rally Ventures, a Menlo Park, CA- and Minneapolis, MI-based technology venture capital firm, closed Rally IV, at $250m 

London, UK-based seed venture capital firm Ada Ventures closed its first fund, at $50m 

Crossplane Capital, a Dallas, TX-based private equity firm, closed its inaugural fund, Crossplane Capital Fund, L.P., at $275m

Forbion, a Naarden, The Netherlands and Munich, Germany-based life science venture capital firm, secured its fifth flagship fund, Forbion V, at €460m

Pan European private equity firm Highland Europe closed its fourth fund, at €700M

Timonium, Md.-based medical cannabis and wellness company Curio Wellness has launched a new $30m funding program

OTV (formerly known as Olive Tree Ventures), an Israel-based digital health first venture capital firm, closed a fund, at $170M

Scale Venture Partners, a Foster City, CA-based venture capital firm, closed its latest fund, at $600m 

PRESS RELEASE

DALLAS–(BUSINESS WIRE)–Crossplane Capital (“Crossplane”), a Dallas-based private equity firm that targets control investments in niche manufacturing, value-added distribution and industrial business services companies, today announced the final closing of its inaugural fund, Crossplane Capital Fund, L.P., at its $275 million hard cap.

Crossplane was founded in October 2018 by partners Brian Hegi and Ben Eakes, managing director Mike Sullivan and operating partner Ingrid West, to invest control equity into companies with up to $15 million of EBITDA that are either family owned and seeking a partner or involved in a complex situation. Since its founding, Crossplane has completed three platform acquisitions, including The Accent Family of Companies in September 2019, TransAxle in December 2019 and Griffin Dewatering in November 2020. From its initial 4-person team, Crossplane has grown to an 11-person team with deep experience as senior executives, operational improvement consultants, strategy consultants, restructuring advisors and private equity investors.

Read full press release:

https://www.businesswire.com/news/home/20201208005106/en/Crossplane-Capital-Closes-Inaugural-Fund-at-Its-275-Million-Hard-Cap

DATA: Analysis of Public PE Firm Earnings: Q3 2020

JD Morris is always looking for accredited investors to funds to co-invest with us in funds, companies, and moonshot deals. We are happy to meet with people and share our data and resarch such as from Pitchbook’s Analysis of Public PE Firm Earnings: Q3 2020

Overview of Analysis of Public PE Firm Earnings: Q3 2020is provided by Pitchbook

• The five largest publicly traded PE firms posted healthy performance
numbers for their PE strategies. Blackstone and KKR posted doubledigit gains in the quarter. Most of these managers’ funds have positive
performance on the year now, and this healthy recovery is likely a sign to
come for other managers that report later.
• Concentrated investments among a few key themes including technology
and life sciences drove performance figures for Blackstone and KKR. These
managers credited tech investments as the primary drivers of returns in the
quarter. All five firms discussed how they were approaching investments in
high-growth areas of the economy, although some have been more bullish
on these concentrated bets than others. Going forward, it seems as if these
managers will continue to allocate as much or more capital to high-growth
sectors.
• Permanent capital was a principal talking point again this quarter. While
KKR, Carlyle, and Ares seem focused on trying to replicate a similar strategy
that has proven effective at Apollo with insurance assets, Blackstone is
deviating. The largest private capital manager is rolling over a $14.6 billion
real estate holding into a new perpetual life vehicle that could prove to be a
method of growing permanent capital that others may follow.

Again, we are happy to meet with accredited investors and fund to explore deal flow sharing and co-investing.

Looking to hire a manager of a fund

We are looking to hire a manager of a fund.  Must have Havard or Stanford MBA with fund experience.  Hedge Fund and Fund of Funds openings.

How-to-Become-a-Hedge-Fund-Manager

Learn more by email JD Morris @ jdm.networking@gmail.com or texting +1 858-869-9483 anytime.

Happy Networking and Investing,

JD Morris

JD Morris

Join me on LinkedIn:  https://www.linkedin.com/in/jdmorris/

Disclosure: none

Bitly URL: http://bit.ly/2NCXXSr

 

PE Pipeline and MBOs

Our Senior Executive Advisors are here help you with you Management Buy Out  (MBO) plans.  Board Members and CXOs all need to take look at MBO option.

 

DISCLAIMER:

This is a beta blog and we look forward to launching an amazing blog soon!

This information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website as this a beta blog and will not be updated.

Happy Investing and Networking,

Investor Network by JD

PE PIPELINE

• Drake Automotive Group, which is backed by Huron Capital, acquired DV8 Offroad, a Riverside, Calif.-based maker of off-road accessories and wheels. Financial terms weren’t disclosed.

• Veritas Capital will buy Cotiviti Holdings Inc (NYSE:COTV) in a deal valued at $4.9 billion, according to Reuters. Read more.

• Bain Capital Private Equity is nearing a deal to buy Varsity Brands, a Memphis, Tenn.-based cheerleading uniform and equipment retailer, for $2.5 billion. Read more.

• CVC is in advanced talks to buy a controlling stake in the pharmaceutical business of Italy’s billionaire Recordati family, according to The Financial Times. The deal would value the company at 3 billion euros ($3.5 billion). Read more (subscription required).

• Morgan Stanley Capital Partners made an investment of an undisclosed amount in Comar, a Voorhees, N.J.-based rigid plastics packaging manufacturer of bottles, containers, liquid dosing devices and closures for the healthcare industry. Financial terms weren’t disclosed.

• Polaris Equity Partners agreed to acquire a majority stake in ProData Consult, a Denmark-based IT consultancy focused on business and IT consultants.
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