KCP Advisory Group Merges with Altman and Company
KCP Advisory Group, a restructuring and financial consulting organization, merged with Altman and Company. The combined business will initially operate as KCP-Altman Advisory Group.
KCP Advisory Group, a restructuring and financial consulting organization, merged with Altman and Company. The combined business will initially operate as KCP-Altman Advisory Group.
BlackRock entered an agreement to acquire Global Infrastructure Partners, an independent infrastructure fund manager, for total consideration of $3 billion of cash and approximately 12 million shares of BlackRock common stock.
Citizens’ 2024 M&A outlook report revealed optimism about the environment for dealmaking activity this year, underpinned by solid expectations for the U.S. economy and a pop in enthusiasm, especially among buyers.
Stellus Capital Management provided senior debt financing and an equity co-investment in support of Summit Park’s acquisition of Michelli Weighing & Measurement, a provider of test and measurement services and equipment.
Fourshore Partners acquired Power Funding, a factoring company focused on the oil and gas and transportation industries. Meadows Collier and Hovde Group served as advisors to the seller.
HSBC Continental Europe completed the sale of its retail banking business in France to CCF, a subsidiary of Promontoria MMB SAS (My Money Group) on Jan. 1.
Houlihan Lokey expanded its private funds group by acquiring Triago Management Development, an independent advisory firm with core capabilities in primary fund and direct investment fundraising.
H.I.G. Capital, a global alternative investment firm with $59 billion of capital under management, and one of its affiliates completed the acquisition of Penhall Company, a provider of specialty concrete services.
Royal Bank of Canada received approval to proceed with its acquisition of HSBC Bank Canada from Canada’s federal Minister of Finance.
KKR announced that funds and accounts managed by its credit business have led the purchase of a $7.2 billion portfolio of super-prime recreational vehicle loans from BMO Bank National Association, part of BMO Financial Group.