Goldman Sachs Archives

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.

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.

Sycamore Tree Capital Partners Closes Third CLO Totaling $401MM

Sycamore Tree Capital Partners, a specialist asset manager with private and alternative credit investment expertise, closed STCP CLO 2023-3, the firm’s third collateralized loan obligation since inception and the firm’s second CLO in 2023.

April 17, 2023 Dechert | Goldman Sachs | Sycamore Tree Capital Partners | Trey Parker Ian Koplin

Assured Investment Management Combines with Sound Point Capital Management

Assured Guaranty entered into an agreement with Sound Point Capital Management pursuant to which Assured Guaranty will contribute its entire equity interest in Assured Investment Management and, with certain exceptions, its related asset management entities to Sound Point.

Major US Banks Deposit $30B in First Republic in Wake of Silicon Valley Bank Collapse

Last week, 11 banks, including Bank of America, Citigroup, JPMorgan Chase and Wells Fargo, combined to make $30 billion in uninsured deposits in First Republic Bank to display confidence in the U.S. banking system following the collapse of Silicon Valley Bank.

Apollo-Led Investor Group Acquires Atlas Air Worldwide

Atlas Air Worldwide, a leading global provider of outsourced aircraft and aviation operating services, and the investor group led by funds managed by affiliates of Apollo, together with investment affiliates of J.F. Lehman & Company and Hill City Capital, completed its acquisition of Atlas Air Worldwide.

CPP Investments and Silver Lake Acquire Qualtrics for $12.5B

Qualtrics, a provider of experience management (XM) software, entered into a definitive agreement to be acquired by Silver Lake, a technology investor, in partnership with Canada Pension Plan Investment Board (CPP Investments), in an all-cash transaction that values Qualtrics at approximately $12.5 billion.

Sumitovant Biopharma Completes Acquisition of Myovant Sciences

Sumitovant Biopharma completed its acquisition of Myovant Sciences originally announced Oct. 23, 2022. Sumitovant has acquired all outstanding shares of Myovant not already owned by Sumitovant in an all-cash deal with a total transaction value of approximately $1.7 billion.

Natixis and UMB Upsize Vmo Aircraft Leasing’s Warehouse Credit Facility to $1.225B

Vmo Aircraft Leasing upsized and extended its warehouse credit facility to $1.225 billion. UMB is the administrative agent and security trustee for the facility, while Natixis CIB led the upsize.

Crayhill Provides $200MM Secured Receivables Financing Facility to Stenn Technologies

Crayhill Capital Management, a New York-based, minority-owned private credit manager focused on asset-based investments, closed a $200 million receivables financing facility with Stenn Technologies, a UK-based SME finance platform.

February 17, 2023 Chris Rigby | Crayhill Capital Management | Goldman Sachs | Raj Savai | Stenn Technologies Ian Koplin

Tag Archives: Goldman Sachs