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Nov 20, 2024 | 
ionanalytics.com | Katishi Maake |Bhavna Kaul |Carlos Martinez
News (Intelligence) OrthoLite, an Amherst, Massachusetts-based manufacturer of foam insoles and footwear components, is expected to explore a sale next year, according to three sources familiar with the matter. The Trilantic North America-backed company has appointed William Blair to advise on the potential sale effort, the sources said. Deutsche Bank is also serving as a co-advisor, two of the sources said.
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Nov 13, 2024 | 
ionanalytics.com | Rebecca Wenzel |Bhavna Kaul |Dane Hamilton |Carlos Martinez
News (Intelligence) Centauri Health Solutions, a Scottsdale, Arizona-based provider of healthcare software and services, has paused its sale process, according to three sources familiar. The Abry Partners-backed company was pursuing a sale earlier this year alongside William Blair, as reported by Mergermarket.
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Oct 31, 2024 | 
ionanalytics.com | Brian Yue |Bhavna Kaul |Carlos Martinez
News (Intelligence) Cacique Foods, a family-owned manufacturer of Mexican-style dairy and meat products, has appointed Bank of America to explore a potential sale, according to three sources familiar with the matter. The Irving, Texas-based company is expected to launch a sale process next year, all of the sources said.
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Oct 25, 2024 | 
ionanalytics.com | Bhavna Kaul |Brian Yue |Katishi Maake |Carlos Martinez
News (Intelligence) Sterling Foods, a developer and producer of specialty bakery products, has mandated Harris Williams to explore a sale, four sources familiar with the situation said. The sale process has not launched yet, two of the sources said, adding that it is expected to kick off in the near-term. Financial sponsors are expected to show interest in the business, they added.
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Sep 26, 2024 | 
ionanalytics.com | Marlene Givant Star |Bhavna Kaul |Carlos Martinez
News (Intelligence) Prometric, an assessment and testing company focused on higher education, is preparing to come to market, said three sources familiar with the matter. Two of the sources said the company generates about USD 150m of EBITDA, while the third source said EBITDA is between USD 150m and USD 160m. The sources were not certain if a bank has been named to advise. One of the sources said the timing for a launch is likely to be three to six months from now.
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Aug 21, 2024 | 
ionanalytics.com | Pooja Sarkar |Bhavna Kaul |Andrew Vitelli |Chuck Stanley
Canadian pension fund OMERS Infrastructure’s sale of a stake in Leeward Renewable Energy, a utility-scale renewables developer, is in the second round, according to six sources familiar with the matter. OMERS is looking to sell a minority or a significant minority stake in the business, two of the sources said. The company is valued between USD 3bn and USD 4bn, those same sources added. The sellers collected first-round bids in the last week of July, three of the sources said.
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Aug 2, 2024 | 
ionanalytics.com | Charlie Taylor-Kroll |Bhavna Kaul |Lucy Chapman
Endeavor [NYSE:EDR]is weighing sale options for sports agency group IMG, according to sources familiar with the matter. The entertainment group, which was acquired by Silver Lake in a USD 13bn take-private deal earlier this year, is working with The Raine Group to explore options for the media rights and sports management agency, two of the sources said. IMG generates EBITDA in the region of USD 120m, another of the sources added. It is part of Endeavor’s Events, Experiences and Rights division.
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Jul 26, 2024 | 
ionanalytics.com | Richard Tekneci |Bhavna Kaul |Cristiano Dalla Bona |Sam Weisberg
News (Intelligence) StandardAero, the aviation maintenance company backed by Carlyle Group [NASDAQ:CG], is receiving interest from at least a handful of financial sponsors, said three sources familiar with the matter. Bain Capital is among the private equity firms showing interest in the Scottsdale, Arizona-based company, the same sources said. Bloomberg reported last week that Blackstone [NYSE:BX] and CVC Capital Partners could bid for StandardAero.
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Jul 23, 2024 | 
ionanalytics.com | Dane Hamilton |Bhavna Kaul |Deborah Balshem |Carlos Martinez
News (Intelligence) Blue River PetCare, a large veterinary practice and pet hospital group, has appointed Leerink Partners to explore a sale, according to two sources familiar with the situation. Chicago-based Blue River, a portfolio company of Partners Group, generates around USD 100m in adjusted EBITDA, two of the sources and a third source familiar said. The company is expected to launch a process later this year, two of the sources said.
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Jul 22, 2024 | 
ionanalytics.com | Kunyi Yang |Bhavna Kaul |Jay Antenen |Ben Miller
News (Intelligence) Big Lots is working with investment bank Guggenheim to explore strategic options as the retailer comes under pressure to remain in compliance with financial covenants, said two sources familiar with the matter.
