Mary Kathleen Flynn
Good morning, dealmakers. MK Flynn here with the Wire. Lift every voice and sing. Today marks the second year that Juneteenth National Independence Day is a federal holiday. To celebrate, I attended yesterday’s spectacular performance of the Alvin Ailey American Dance Theater at Lincoln Center. With music by Duke Ellington, Ella Fitzgerald and Wynton Marsalis, […]
Good morning, Hubsters. MK Flynn here with today’s Wire. Fingers crossed the Federal Reserve’s strategy will slow inflation, but even a mild recession is likely to renew scrutiny of the wealth gap and income inequality in the US. On that note, it’s encouraging to see that more private equity firms are sharing profits with the […]
Good morning, dealmakers. MK Flynn here with the Wire. Just a blip. With inflation data likely to prompt the Federal Reserve to raise interest rates higher than expected this week, we’re asking our sources what the impact will be on private equity-backed deals. Chris Lund, Monroe Capital’s co-portfolio manager, institutional vehicles, hopped on a quick […]
Good morning, Hubsters. Happy Monday. MK Flynn here on the Wire. Let’s kick the week off with some insights into the forces driving tech deals in the banking sector. Mission-critical. One Equity Partners is buying ACI Worldwide’s corporate online banking offerings for $100 million in cash. The deal was announced last week and is expected to […]
OEP is buying ACI's digital banking offerings, which will be known as Dragonfly, for $100m in cash.
Good morning, Hubsters. MK Flynn here on the Wire. More money. While there may be plenty of recessionary clouds on the horizon, private equity may provide a comparatively safe harbor to ride out the storm. Rich people see to think so anyway. “Family offices managing vast fortunes for wealthy individuals have increased their allocation […]
Sycamore is bested in bid for Kohl's.
Sachs Capital rebrands as Mauloa.
Alpine Investors unveils professional education platform.
A TCV GP steps into a senior advisor role.