Latest news with #BCPartners
Bloomberg
3 days ago
- Business
- Bloomberg
British Lender Shawbrook Picks Banks for London IPO
Shawbrook Group Plc, the British bank backed by BC Partners and Pollen Street, has added banks to its potential initial public offering in London, according to people familiar with the matter. The company has lined up Deutsche Bank AG, UBS Group AG and Stifel Financial Corp. to assist with the offering, said the people, asking not to be identified because the matter is private. Barclays Plc and Goldman Sachs Group Inc. are leading the preparations, the people said.
Reuters
23-07-2025
- Business
- Reuters
Business lender Shawbrook aims for UK listing this year, FT reports
July 23 (Reuters) - The private equity owners of Shawbrook Bank are moving forward with plans for the 2 billion pounds ($2.71 billion) initial public offering in London this year, the Financial Times reported on Wednesday. BC Partners and Pollen Street Capital, which own the British specialist lender Shawbrook, are preparing to list the company in London as soon as the second half of this year, the report said citing people familiar with the matter. FT had earlier reported that Shawbrook aimed for a 2 billion pounds valuation and had planned a float earlier this year before delays. The small business lender is adding more investment banks to its group of advisers, according to the report. Reuters could not immediately verify the report. BC Partners, Pollen Street and Shawbrook did not immediately respond to a request for comment outside regular business hours. Shawbrook's IPO will be a boost to the UK's capital markets, as a growing number of companies have shelved or shifted plans to list in London in recent years, with fast-fashion major Shein being the latest to walk away. The UK has revamped listing rules to make London more attractive for company listings and fundraising. ($1 = 0.7393 pounds)
Bloomberg
18-07-2025
- Business
- Bloomberg
BC Partners Said to Ink $2.5 Billion Sale of Software Firm Navex
BC Partners has agreed to sell a majority stake in compliance software firm Navex to a consortium led by Goldman Sachs Asset Management in a deal valued at more than $2.5 billion, according to people familiar with the matter. Blackstone Inc. will also become a minority investor in Navex as part of the transaction, said the people, who asked not to be identified because the information is private. BC Partners, which is set to retain a stake as well, could announce a deal as soon as the next few days, the people said.
Yahoo
29-06-2025
- Business
- Yahoo
Chewy, Inc. (CHWY) Can Suffer From A Share Price Drop, Warns Jim Cramer
Chewy, Inc. (NYSE:CHWY) is one of the . Chewy, Inc. (NYSE:CHWY) is a pet food retailer that has started to frequently appear on Cramer's morning show. He has called the firm a 'winner' in his previous comments and praised management for accurately calling out the share price bottom on his show, Mad Money. Chewy, Inc. (NYSE:CHWY)'s shares are up by 27% year-to-date despite the fact that they slipped by 15.5% in June. The shares fell after the firm's first-quarter earnings report missed analyst estimates for fiscal 2025 revenue while Chewy, Inc. (NYSE:CHWY) also saw its costs rise during the first quarter. Cramer commented on the firm's secondary share sale and warned viewers that the stock head lower due to dilution and recent gains: 'Get ready to see this. Today, Chewy, okay. 23.95 million share, secondary. 41.95 it's at 42.76. Start seeing people cash out okay. Now this is uh, BC Partners who's raised one billion in share sale. But we're gonna start seeing real selling. And that's because stocks are up very, very big. And you know. . .these are all candidates because they're up so much. A close-up shot of a store shelf stocked with pet food and supplies. Earlier this year, the CNBC host mentioned how Chewy, Inc. (NYSE:CHWY)'s litter brands are cheaper: 'Hey, you go to Chewy for cat litter and you find Fresh Step, that's the Clorox brand. Then you see Frisco, the Chewy brand, and if the Clorox stuff gets too expensive, well, you might just easily go to Frisco. How much are you really gonna pay up for kitty litter?' While we acknowledge the potential of CHWY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
25-06-2025
- Business
- Cision Canada
Phoenix Aviation Capital and AIP Capital Announce Closing of Inaugural $550 Million Senior Unsecured Notes Offering
Expands Capital Base and Increases Total Available Liquidity to ~$760 Million DUBLIN and STAMFORD, Conn. and NEW YORK, June 25, 2025 /CNW/ -- Phoenix Aviation Capital ("Phoenix" or "the Company"), a full-service aircraft lessor managed by AIP Capital ("AIP") and a portfolio company of funds advised or controlled by affiliates of BC Partners Advisors L.P., announced the closing of its offering of $550 million of 9.25% senior unsecured notes due 2030 ("the Notes"). RBC Capital Markets ("RBC") acted as Left Lead Bookrunner. RBC, Citigroup, Morgan Stanley, Natixis and BNP Paribas acted as Joint Active Bookrunners. Oppenheimer & Co., BC Partners, Fifth Third Securities and HSBC acted as Joint Bookrunner. Cadwalader, Wickersham & Taft LLP served as issuer's counsel to Phoenix. Cahill Gordon served as counsel to the initial purchasers. Proceeds from the issuance of the Notes will be used to repay existing indebtedness and general corporate purposes. "We are proud to announce the closing of Phoenix's first unsecured bond issuance," said Patrick Schafer, Managing Director at BC Partners and board member of Phoenix. "We are grateful for the strong interest and support from our investors in the inaugural offering and look forward to our continued growth together." The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any jurisdiction and may be offered or sold only in a transaction exempt from, or not subject to, the registration requirements of the Securities Act. The Notes were offered and sold only to qualified institutional buyers in reliance on Rule 144A under the Securities Act and outside the United States to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act. This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there by any sale of the Notes in any state or other jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state or jurisdiction. Forward Looking Statements This press release may contain forward-looking statements that involve substantial risks and uncertainties. You can identify these statements by the use of forward-looking terminology such as "may," "will," "should," "expect," "anticipate," "project," "estimate," "intend," "continue" or "believe" or the negatives thereof or other variations thereon or comparable terminology. You should read statements that contain these words carefully because they discuss our plans, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. We believe that it is important to communicate our future expectations to our investors. There may be events in the future, however, that we are not able to predict accurately or control. Any forward-looking statement made by us in this press release speaks only as of the date on which we make it. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. About AIP Capital AIP Capital (AIP) is a global alternative investment manager focused on opportunities in asset-based finance including aviation and equipment finance. AIP, together with its affiliates, manages approximately $4 billion of assets on behalf of a diversified global investor base. The AIP team is comprised of more than 30 experienced professionals across AIP's offices in Stamford, New York City, Dublin, and Singapore. For more information about AIP Capital or to speak with company executives, please contact [email protected]. BC Partners is a leading international investment firm in private equity, private debt, and real estate strategies. BC Partners Credit was launched in February 2017, with a focus on identifying attractive credit opportunities in any market environment, often in complex market segments. The platform leverages the broader firm's deep industry and operating resources to provide flexible financing solutions to middle-market companies across Business Services, Industrials, Healthcare and other select sectors. For further information, visit Media Contacts AIP Capital Geoffrey Bayers [email protected] BC Partners Luke Charalambous [email protected] +44 7775 180 721 SOURCE AIP Capital
