Blackstone Completes Acquisition of Copeland, Formerly Emerson Climate Technologies

Blackstone completed the acquisition of a majority stake in Emerson’s climate technologies business in a transaction valuing the business at $14 billion. The new standalone business will be named Copeland.

June 1, 2023 Baker & McKenzie | Barclays | Blackstone | Centerview Partners | Copeland | Davis Polk & Wardwell | Emerson | Evercore | Goldman Sachs | Guggenheim Securities | Joe Baratta | Lal Karsanbhai | RBC Capital Markets | Ross B. Shuster | Simpson Thacher & Bartlett | wells fargo Ian Koplin

PIUS Provides $60MM in Debt Financing to Carbon Revolution

Carbon Revolution, an OEM supplier and a manufacturer of lightweight advanced technology carbon fiber wheels, established a $60 million debt financing arranged and insured by PIUS, a Gallagher company, and its affiliates.

May 25, 2023 Carbon Revolution | Jake Dingle | Joe Agiato | PIUS Limited | Twin Ridge Capital Acquisition Ian Koplin

Siena Provides $25MM Credit Facility to Finance Acquisition of National Railway Equipment

Siena Lending Group closed a $25 million asset-based credit facility for TRM NRE Acquisition to finance the acquisition of certain assets of National Railway Equipment.

May 24, 2023 Armory Securities | Jeffrey Stone | Mark Orlando | National Railway Equipment | Nick Tell | Siena Lending Group | TRM NRE Acquisition Ian Koplin

Fortress Management and Mubadala to Acquire Fortress Investment Group

Fortress Investment Group and Mubadala Investment Company, through its wholly-owned asset management subsidiary, Mubadala Capital, entered into definitive agreements to acquire 90.01% of the equity of Fortress that is currently held by SoftBank Group, who have been the owners of Fortress since 2017.

May 23, 2023 Ardea Partners | Drew McKnight | Fortress Investment Group | Goldman Sachs | Hani Barhoush | Joshua Pack | Kirkland & Ellis | Morrison & Foerster | Mubadala Capital | Mubadala Investment Company | Pete Briger | Shearman & Sterling | Skadden Arps Slate Meagher & Flom | SoftBank | The Raine Group Ian Koplin

Mid Penn Bancorp Completes Acquisition of Brunswick Bancorp

Mid Penn Bancorp completed its acquisition of Brunswick Bancorp. The combined stock and cash transaction was valued at approximately $43.7 million and will extend Mid Penn’s footprint into Middlesex and Monmouth counties in central New Jersey.

May 22, 2023 Brunswick Bancorp | Brunswick Bank & Trust | Janney Montgomery Scott | Mid Penn Bancorp | Pillar+Aught | Piper Sandler & Co. | Rory G. Ritrievi | Stephens | Windels Marx Lane & Mittendorf Ian Koplin

Informa Acquires Winsight from HPS Investment Partners

Winsight, a B2B information provider in the foodservice and allied retail industries, will combine with London-based Informa, a publicly traded global events, digital products and academic services firm. Informa acquired Winsight from HPS Investment Partners.

May 22, 2023 Andrew Mullins | BrightTower | Informa | Latham & Watkins | Mike Wood | Winsight Ian Koplin

iBusiness Funding Acquires Select Non-SBA Assets and Talent from Fountainhead SBF

iBusiness Funding, a provider of lending solutions like LenderAI and Lending-as-a-Service (LaaS), acquired select non-SBA assets and talent from Fountainhead SBF. 

May 19, 2023 Fountainhead SBF | iBusiness Funding | Justin Levy | Ready Capital Ian Koplin

SSG Advises Safe, Inc. on Sale of Assets to Point Blank Enterprises

SSG Capital Advisors acted as the investment banker to Safe, Inc. in the sale of substantially all of its assets to Point Blank Enterprises, a portfolio company of JLL Partners. The transaction closed this month.

May 19, 2023 Dr. Stanley Desjardins | JLL Partners | Point Blank Enterprises | SSG Capital Advisors Ian Koplin

TPG Acquires Angelo Gordon for $2.7B

TPG, an alternative asset management firm, entered a definitive agreement to acquire Angelo Gordon, a $73 billion alternative investment firm focused on credit and real estate investing, in a cash and equity transaction valued at $2.7 billion.

May 15, 2023 Adam Schwartz | Angelo Gordon | Jim Coulter | Jon Winkelried | Josh Baumgarten | TPG Ian Koplin

Shareholders Approve Washington Federal and Luther Burbank Merger

Shareholders of Washington Federal, the parent company of Washington Federal Bank (WaFd Bank), and Luther Burbank Corporation, the parent company of Luther Burbank Savings, approved the merger of Luther Burbank with and into Washington Federal.

May 8, 2023 Bren Beardall | Luther Burbank Corporation | Luther Burbank Savings | Simone Lagomarsino | WaFd Bank | Washington Federal | Washington Federal Bank Ian Koplin