What's Market?
Weil has advised CVC on its strategic partnership with Dale Underwriting Partners (Dale). CVC funds will invest into Dale to provide the capital to replace the current third-party capital providers and support business growth, which will result in CVC funds acquiring a majority stake in the business. CVC funds will be making this investment from […]
Weil is advising PSG Equity, a leading growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth, in its investment in Versatile Credit, a leading provider of software connecting merchants, lenders and consumers to facilitate loans at points-of-sale. PSG Managing Director Marco Ferrari and Principal Chris Nesbitt will join Versatile’s Board of Directors. […]
Weil is advising Rangeland Midstream Canada Ltd. (Rangeland Canada), a subsidiary of Rangeland Energy, in its sale to Kingston Midstream Alberta Limited (Kingston) in an all-cash transaction. The transaction is expected to close by the end of the third quarter of 2023. Rangeland Canada’s field employees and Athabasca office will remain with the business and […]
Weil is advising private equity firm PAI Partners (PAI) on its acquisition of Alphia, Inc., one of the largest pet food co-manufacturers in North America, from J.H. Whitney Capital Partners. Headquartered in Denver, Alphia is a leading national manufacturer of pet food in the U.S., manufacturing more than one billion pounds of dry pet food […]
Weil is advising funds advised by Goldman Sachs Asset Management, through its Private Equity and Hybrid Capital teams, in its definitive agreement to make a major investment in World Insurance Associates LLC (World), one of the fastest-growing insurance brokerages in the United States. Goldman Sachs will join Charlesbank Capital Partners as co-lead equity investors for World’s […]
Weil is advising Advent International in its portfolio company Sovos Brands, Inc.’s acquisition by Campbell Soup Company. Campbell will acquire Sovos Brands for $23 per share in cash, representing a total enterprise value of approximately $2.7 billion. The strategic transaction adds a high-growth, market-leading premium portfolio of brands to diversify and enhance Campbell’s Meals & […]