Private equity deal flow up in Florida
Florida continues to be an attractive destination for private equity, as deal flow grew for the third time in the past four years.
This author has not written his bio yet.
But we are proud to say that roaradmin contributed 369 entries already.
Florida continues to be an attractive destination for private equity, as deal flow grew for the third time in the past four years.
In March 2018, Sys2k was 100% acquired by Serent Capital, broadening their portfolio of system-of-record software businesses and automobile technology investments.
After January 2018 racked up the most deal volume by dollar amount ever, February could see a bit of a respite as firms looking to list wait for enormous market swings to settle.
So far this year, there have been two major deals in the spirits industry: Bacardi Ltd.’s acquisition of Patrón Spirits International AG, and Pernod Ricard SA’s purchase of the remainder of Avión Spirits LLC, both hip-hop- approved tequila brands.
Cassel Salpeter & Co. served as exclusive financial advisor to Austin-based Trucker Path, Inc., a leading software platform for the trucking industry, on its sale to Renren, Inc. (NYSE: RENN). This deal represented Cassel Salpeter’s third technology transaction in 2017.
Cassel Salpeter & Co., a middle-market investment banking firm providing financial advisory services, represented Norquay Technology, Inc. (“Norquay”) in its sale to MPD Chemicals (“MPD”), a portfolio company of Addison Capital Partners.
While many hope the new tax bill will stimulate the economy and bring faster GDP growth, we must consider whether it will indeed benefit us to speed growth from where we are today, or to experience a longer period of extended slower growth.
Imagine: You hire a new employee but after a few weeks, you realize you made a bad choice. What to do? Whether the problem is competence or chemistry, or anything else in between, the best advice is to be decisive and act — fast.
A bullish outlook on the financial sector encouraged more banks to go public this year. A number of banks were eager to take advantage of investor optimism after last year’s presidential election.
In December 2017, Norquay was acquired by MPD Chemicals, a portfolio company of Addison Capital Partners, broadening MPD’s specialty chemical manufacturing capabilities.
Cassel Salpeter & Co.
801 Brickell Avenue,
Suite 1900
Miami, FL 33131
(305) 438-7700
Sign up today for insights and growth strategies.
Subscribe Now