ITE Management, an investment firm targeting industrial and transportation assets and companies, completed the acquisition of CS Leasing, a global container lessor specializing in ISO tank containers and dry freight specials, according to press releases. Financial terms were not disclosed.
CS Leasing was advised by Fox Rothschild. ITE Management was advised by Morgan Stanley and Willkie Farr & Gallagher, according to press releases.
America's Auto Auction, a full-service used vehicle auction provider, completed the acquisition of G3 Vehicle Auctions, an independent vehicle auction company in the UK, according to press releases. Financial terms were not disclosed.
G3 Vehicle Auctions was advised by Cooper Parry and Gordons. America's Auto Auction was advised by Squire Patton Boggs, according to press releases.
Peak Rock Capital, a private equity firm, completed the acquisition of the Employee Health and Safety software business of UL Solutions, a company focused on applied safety science, according to press releases. Financial terms were not disclosed.
Peak Rock Capital was advised by Weil Gotshal and Manges (led by
Richard Frye) and Kekst CNC, according to press releases.
Everus Construction, a full spectrum of construction services provider, completed the acquisition of SE&M Constructors, a mechanical, electrical and plumbing services provider, for $158m.
SE&M was advised by FMI Capital Advisors. Everus was advised by Vallum Advisors (led by
Paul Bartolai).
E. & J. Gallo Winery, an American wine producer and distributor, completed the acquisition of Four Roses Distillery, a bourbon producer, from Kirin Holdings, a Japanese conglomerate, for $775m, according to press releases.
E. & J. Gallo Winery was advised by Jefferies. Kirin was advised by UBS, according to press releases.
Casella Waste Systems, a provider of resource management services, completed the acquisition of Star Waste Systems, a waste management service provider, from Clairvest, a Toronto-based private equity management firm, according to press releases. Financial terms were not disclosed.
Star Waste was advised by Stifel, according to press releases.
Platinum Equity and Littlejohn & Co-backed Cook & Boardman, a provider of fully integrated access and security solutions, completed the acquisition of Assurance Media, a systems integrator focused on structured cabling, A/V systems, and premise security, according to press releases. Financial terms were not disclosed.
Cook & Boardman was advised by K&L Gates, according to press releases.
SePRO, a company specializing in water and land restoration, completed the acquisition of Earth Science Laboratories, a provider of advanced water treatment technologies, according to press releases. Financial terms were not disclosed.
SePRO was advised by The Pollack Group, according to press releases.
Wacoal America, a lingerie brand, agreed to acquire Glamorise, a company specializing in plus-size bras and lingerie for full-figured women, according to press releases. Financial terms are not disclosed.
Wacoal is advised by IFP Communications, according to press releases.
Eir Partners, a US-based investment company, completed an investment in Long Tail, a healthcare provider specializing in automation solutions, according to press releases. Financial terms were not disclosed.
Eir Partners was advised by Profile Advisors, according to press releases.
Odevo, an international residential property management company, completed the acquisition of WRMC, a residential property management company, according to press releases. Financial terms were not disclosed.
ISG, a full-service architecture and engineering firm, completed the acquisition of ARC International, a Rapid City architecture firm, according to press releases. Financial terms were not disclosed.
SBA Communications is considering a possible sale. (
Bloomberg)
SBA Communications is weighing its strategic options — including a possible sale — after receiving early expressions of takeover interest. Several major infrastructure investment funds have been evaluating the telecommunications tower operator.
SBA has brought on advisers to help assess the incoming interest.
SpaceX aims for a valuation above $2tn in its planned IPO. (
Bloomberg)
SpaceX has raised its proposed valuation to more than $2tn ahead of a potential initial public offering. The company — which spans rockets, satellites and artificial intelligence — is preparing for what could become the largest market debut ever.
Elon Musk’s firm and its advisers have been presenting this valuation to prospective investors as they gear up for meetings in the coming weeks. These early “testing‑the‑waters” sessions are expected to offer additional details to justify the figure.
Barrick chooses Goldman Sachs to lead the IPO for its North American mines. (
Bloomberg)
Barrick Mining has enlisted Goldman Sachs Group to spearhead the planned initial public offering of its North American operations. The move marks a significant step in the company’s strategy to separate its top‑tier gold assets into a standalone entity.
Veteran dealmaker Michael Klein—founder of the advisory firm M. Klein & Co.—is also providing counsel on the transaction.
KKR secures $23bn for its latest North American private equity fund. (
Reuters)
Investment firm KKR announced that it has secured $23bn for its latest private equity fund focused on North America — the largest vehicle the firm has ever dedicated to the region.
The fundraising underscores the sustained appetite among investors for private‑market opportunities, as companies increasingly remain private for longer periods and look to sidestep the volatility of public markets.
