Bain Capital’s Post

Shimmick Corporation announced on Tuesday the terms for its initial public offering (IPO), with plans to offer 4.55 million company shares at $10 to $12 each.    The water treatment company said it is targeting to raise $54.6 million at a market valuation of about $318 million.  Shimmick has applied to list on the Nasdaq under the ticker 'SHIM’.  In a regulatory filing, the company revealed that it had swung to a net loss of $19.6 million in the first half of the year from a profit of $3.7 million during the same period last year, while its revenue rose to $319.3 million from $293.6 million.    Roth Capital Partners and Craig-Hallum Capital Group are underwriting the capital raise.   Shimmick is a former subsidiary of AECOM, a multinational infrastructure consulting firm that trades on the NYSE.   Contact Sean at sean@proactiveinvestors.com  More at #Proactive #ProactiveInvestors http://ow.ly/8wMA104YSml

Matt Harnett and Husnain Safdar, Tecum Capital, Colleen Pietrusinski and James Nickel, CIBC, celebrate with Edward Saxon, Conco Services LLC for winning the Deal of the Year Award Under $50M at the ACG Pittsburgh M&A Excellence Awards last night! Conco Services, a Rising Point Capital and Tecum Capital portfolio company, acquired Blue Wolf Performance Solutions in May 2023. Tecum Capital and UMB Bank Capital Corp. provided follow-on subordinated debt and equity capital and Unity Hunt, Inc. provided new equity capital to support the Blue Wolf acquisition. Matt Harnett, Husnain Safdar, and Carter Henderson led the investment at Tecum. The addition of Blue Wolf to the Conco portfolio of services created a single solution for specialty cleaning and testing solutions for industrial and power customers. With the acquisition, Conco has continued to service industrial and power customers across the U.S., with 19 domestic locations and globally with offices in Australia, Belgium, and Germany. See more about the deal here https://lnkd.in/emNpPfy5 #privateequity #investment #concoservices #energy #industrialcleaning #acquisition

🌟 Exciting Announcement! 🌟 Join us in our latest episode where we delve into the dynamic world of family offices and multifamily investments. We're thrilled to have Ian Djuric, a distinguished leader in the waste management industry turned real estate mogul, sharing insights from overseeing the Djuric Family Office's expansive real estate portfolio. 💥Discover strategic advantages, evaluation criteria for real estate opportunities, and insights into direct acquisitions versus joint ventures. Don't miss out!  Listen Today: ➡️ https://lnkd.in/gszgAgKE #passiveinvesting #passiveincome #buildingwealth #multifamilyinvestor #investing #realestateinvestor #propertyinvestment #investmentopportunity #investmenttips

Now accepting accredited investors in Redwood Galloway Alton Darby Creek Road! See Redwood’s EVP of Acquisitions and Construction, Kevin Kwiatkowski, talk about our latest #BTR investment deal. Don’t miss the opportunity to invest and secure a 10% preferred pay rate and 20% shared ownership, plus the ability to share in depreciation benefits. Head to our investor website to invest before this deal fills up: https://lnkd.in/g-vj8Cme #MultifamilyInvestments #BuildtoRent #RealEstateInvesting

In a world where transaction volume has slowed dramatically, we’re still placing capital. Here’s how - Last month, we closed on a deal with assumable, 3.32% fixed, long term IO financing. This month, we’re finalizing our equity roster for a deal with a different but unique story, allowing us to provide investors with a basis unseen in the Charleston market since before the pandemic. If you want to hear more about that deal, or be the first to hear about our next opportunity to thrive in today’s challenging buying environment, DM me

MiddleGround Capital, a leading private equity firm, has successfully closed MiddleGround Carbon CV, a single asset continuation vehicle with $440m in capital commitments. This vehicle will provide the capital to purchase Banner Industries, a leading processor and distributor of metal bar products. Banner Industries has tripled in size under MiddleGround's ownership, generating nearly $350m of revenue and $55m of EBITDA. Castle Metals, acquired earlier this year, has a global footprint and ~$600m of revenue with ~$50m of EBITDA. The merger of Banner and Castle will create a global leader in the metals distribution space. The combined company will be led by industry veterans Dan Stoettner and Daniel Lewis, CPA, who will be CEO and CFO, respectively. This transaction is a strong step forward for both companies and will position them for continued growth in the future. #PEInsights #privateequity #mergersandacquisitions #metalindustry

SPAC Feed: After Completing its Tenth Acquisition, ExperiGreen Lawn Care …  Business Wire Source: After Completing its Tenth Acquisition, ExperiGreen Lawn Care …… - https://lnkd.in/eiQNXwSw #SPACs #SPACNews #SPAC #IPO #markets #news #capitalmarkets #trends #goingpublic #finance #business

🚀 Exciting Update! 🚀 Join us in our latest episode as we explore the world of family offices and multifamily investments. We're thrilled to have Ian Djuric, a distinguished leader in the waste management industry turned real estate mogul, sharing insights from overseeing the Djuric Family Office's expansive real estate portfolio. Key Takeaways: 💥Strategic Advantages: Learn about the unique benefits family offices offer, including a long-term investment horizon and flexibility in decision-making. 💥Real Estate Evaluation: Discover the criteria family offices use to evaluate real estate opportunities, from market trends to value appreciation potential. 💥Direct Acquisitions vs. Joint Ventures: Gain insights into the pros and cons of direct acquisitions and joint ventures in real estate investing. Listen today: https://lnkd.in/gszgAgKE #passiveinvesting #passiveincome #buildingwealth #multifamilyinvestor #investing #realestateinvestor #propertyinvestment #investmentopportunity #investmenttips

Alterra Raises $925 Million for Industrial Acquisitions. Firm Closes Third Fund Focusing on Properties With Outdoor Storage Capacity. Real estate investment firm has announced the final close of its latest industrial outdoor storage investment fund. Alterra IOS Venture III brought in $925 million of total commitments, nearly double the amount raised for Alterra’s previous fund targeting the property type. Industrial outdoor storage benefits from several positive real estate fundamentals, including rising tenant demand, constraints on new supply and low recurring capital expenditure requirements for supply chain and infrastructure real estate, according to the firm. https://lnkd.in/eRbe-ENW #industrialfirm #propertyinvestment #storagefacility #storage #building #investment #industrialbuilding #industrialrealestate

Ready to turn empty land into a goldmine? ✨ Our upcoming episode with Dan Haberkost on Land Acquisitions and Development is dropping soon! Learn from seasoned experts as they share their insights, tips, and the crucial steps to turning vacant lots into valuable assets. 🌎️🏙️ Tune in, get inspired, and take the first step toward building your real estate empire. 🌇📈 . . . #LandAcquisition #LandDevelopment #TurningDirtIntoGold #RealEstateInvesting #FinancialFreedom #WestsideInvestorsNetwork