private equity

New On The Block PharmChem, Inc. (OTC:PCHM), the go-to name for drug-detecting sweat patches, is officially exploring strategic alternatives (i.e., mergers, acquisitions, or an outright sale). So far, the board of directors expressed confidence that it can handle things solo as opposed to hiring a...

President Joe Biden prioritized freeing non-violent drug offenders during his final few days in the White House, but TikTok? That's President-elect Donald Trump's problem now. According to the Associated Press, Biden has no intention of enforcing the ban, which takes effect on his last full day in...

New On The Block TD Bank, or Toronto-Dominion Bank (TSX:TD), will consider selling its 10.1% stake in Charles Schwab Corp. The sale is part of a strategic review stemming from the Canadian bank’s U.S. money-laundering scandal. Incoming TD Bank CEO Raymond Chun confirmed the process to...

Bankruptcy Block Party City Holdco Inc., the one-stop-shop for all things celebration, is calling it a wrap. The company’s 700 stores are holding going-out-of-business sales. This is the second time Party City filed for Chapter 11 bankruptcy protection in two years. In 2023, a restructuring...

It's a rare scenario when someone conducting M&A due diligence becomes CEO of the company. But that’s exactly what happened when Mohaimina (Mina) Haque went from Tony Roma's legal advisor to overseeing the entire restaurant chain. In 2020, Tony Roma’s landed on the auction block...

National Football League fans, specifically those of the Miami Dolphins, will likely be happy to learn that they can now invest in the team thanks to a rule allowing private equity investment. What Happened: The Dolphins are among the first NFL teams to leverage the new minority investment rule,...

New On The Block Dental supply maker Patterson Companies Inc (NASDAQ:PDCO) announced Thursday that it is exploring strategic options, including a sale or merger, to boost shareholder value. The company disclosed the deal process as part of its second-quarter financial report. Updates From The Block...

KKR & Co. Inc. (NYSE:KKR) shares are trading higher premarket on Thursday. The company led a $370 million growth investment in Lighthouse, a commercial intelligence platform for the travel and hospitality industry. This funding will propel Lighthouse’s efforts to transform commercial...

New On The Block Evolent Health Inc (NYSE:EVH) is reportedly up for sale. The Arlington, Virginia-based software provide initiated an auction process after receiving takeover inquiries. Among the potential suitors are TPG Inc (NASDAQ:TPG), Clayton, Dubilier & Rice, and KKR & Co. Inc. (NYSE:...

Bankruptcy Block TGI Fridays just rang the "last call" for a financial lifeline, filing for Chapter 11 bankruptcy in Texas. Known for its appetizers, wings, and cocktails, the restaurant chain plans to keep its 39 company-owned locations open as it attempts to restructure its finances and “...

Private equity firms TPG and Blackstone are joining forces in a bid to acquire eye care company Bausch + Lomb (NYSE:BLCO), the Financial Times reported. Last month, Bausch + Lomb said it was considering a sale. The auction is part of an effort to address concerns from creditors, including Apollo...

The National Football League (NFL) will soon allow private equity companies the opportunity to invest in teams, which could break records for team sales in the future and create competition for billionaires such as Jeff Bezos, who could be eyeing a team purchase. What Happened: NFL owners approved...

As regulatory changes loom for the cannabis industry, investor confidence is seeing an upward trend. Kevin Hart, founder and CEO of Green Check Verified, has observed a significant shift in the industry's investment landscape, with growing interest from venture capital and private equity firms...

Amazon.com founder Jeff Bezos is one of the richest people in the world, worth $200 billion. Brother Mark Bezos could follow in the success of his older brother with a career in private investments. What Happened: Mark Bezos and David Moross recently launched HIPstr, an early-stage investment arm...

By Lance Roberts Lately, I have been getting many questions about investing in private equity. Such is common during raging bull markets, as individuals seek higher rates of return than the market generates. Also, during these periods, Wall Street tends to bring new companies to market to...