May 12,2019

Intel’s New CEO Used to be CFO, and Analysts Worry

Intel’s bumpy first quarter under new CEO Bob Swan has sparked a debate among analysts: Is the company’s former CFO the right person to lead the chip giant at a critical juncture?

Swan was named permanent CEO in January after serving as interim chief following the sudden departure of Brian Krzanich, who stepped down last June. He joined Intel in 2016 as CFO after also serving in similar roles at eBay and EDS. Unlike his predecessors, like Krzanich, Andy Grove and Craig Barrett — all engineers —Swan’s background is in finance.

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24 Apr 2024

Celestica (NYSE: CLS) to Acquire NCS Global from Heritage Holding

Financial Information Enterprise Value: $36M (and a possible earnout payment should certain post-closing financial conditions be met) Transaction Details Celestica has entered into a definitive agreement to acquire NCS Global, a US-based IT infrastructure and asset management business. The transaction is expected to close in May 2023 or earlier, subject to satisfaction of customary closing...

02 Apr 2024

CD&R to Acquire Presidio from BC Partners

Financial Information Not Disclosed Transaction Details Clayton Dubilier & Rice (CD&R) and BC Partners announced on April 2, 2024, that they have entered into a definitive agreement under which CD&R will acquire a majority ownership of Presidio. Funds affiliated with BC Partners will retain minority ownership interest. The transaction is expected to close in the...

06 Feb 2024

NWN Carousel acquired by American Securities

Financial Information Revenue: Approx. $900 million Enterprise Value: N/A Transaction Details NWN Carousel announced a transition of ownership from New State Capital Partners to affiliates of American Securities. This transition represents the success of significant investment, organic growth, M&A execution, operational excellence and innovation under ownership of New State Capital Partners. NWN Carousel developed a...