Articles

  • 2 weeks ago | wsj.com | Alexander Gladstone |Ben Glickman

    KKR’s Marelli blames tariffs and lingering supply-chain issues stemming from the Covid-19 pandemic for its descent into chapter 11June 11, 2025 10:48 am ET|WSJ ProMarelli, the Japan-based automotive supplier owned by private-equity firm KKR, filed for bankruptcy in the U.S. on Wednesday with a plan to hand control to its lenders.

  • 1 month ago | wsj.com | Ben Glickman

    Private-equity firm Providence strikes a deal to buy live-event logistics company GCLProvidence Equity Partners struck a more-than $1 billion deal to acquire a live-event logistics company that has worked on Taylor Swift and Beyoncé’s tours, according to people familiar with the matter.

  • 1 month ago | wsj.com | Ben Glickman

    Strava, whose valuation includes debt, says it acquired cycling app The BreakawayStrava, the popular running and exercise app, has completed a fresh round of fundraising valuing the business at $2.2 billion including debt, Chief Executive Mike Martin said. The company is also announcing its second acquisition in two months. Expansion during pandemicThe app surged in popularity during the Covid-19 pandemic, when people were going outdoors more for exercise, and has continued to ride health trends.

  • 1 month ago | wsj.com | Ben Glickman

    Private-equity firm Providence is near a deal to buy live-event logistics company GCLProvidence Equity Partners is nearing a more-than $1 billion deal to acquire a live-event logistics company that has worked on Taylor Swift and Beyoncé’s tours, according to people familiar with the matter. Led Zeppelin rootsThe private-equity firm is close to acquiring GCL, or Global Critical Logistics, from fellow buyout firm ATL Partners, the people said.

  • 1 month ago | wsj.com | Ben Glickman

    Citigroup Chief Executive Jane Fraser says market activity suggests CEOs are delaying major decisions. (Mike Blake/Reuters)Citigroup chief Jane Fraser says that tariffs are already reshaping the economy, and could thrust the world into a new era defined more by self-interest than by cooperation.

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Ben Glickman
Ben Glickman @BenGlickman
27 May 25

RT @laurenthomas: Scoop: Salesforce expected to pay $25 per share for Informatica, in a roughly $8 billion deal set to be announced later T…

Ben Glickman
Ben Glickman @BenGlickman
21 May 25

RT @laurenthomas: Providence Equity Partners struck a more-than $1 billion deal to acquire a live-event logistics company that has worked o…

Ben Glickman
Ben Glickman @BenGlickman
8 May 25

Popes named Leo have - started the holy roman empire - overseen the East-West schism in Christianity - excommunicated Martin Luther I'm sure everything will be cool and normal this time tho