Activist investor Dan Gropper claims Cannae Holdings’ “vague and undifferentiated” approach to acquisitions and “egregious governance practices” have cost shareholders nearly $1 billion. Continue reading
The deal is reportedly nearing the finish line, though the companies have not agreed on final terms. Continue reading
Private equity firm Stone Point Capital is seeking to grow Keller Williams and ultimately cash out, analysts told Inman. That expansion could come from new tech, an IPO, or something else entirely. Continue reading
The multiple listing service is one of the largest in the US. One board member who was part of a team trying to buy the MLS described being blindsided by the private equity deal. Continue reading
The funding amount was undisclosed, but McCarthy Capital typically makes equity investments of between $15 million and $75 million. Continue reading
Lovell Minnick Partners also recently purchased ATTOM Data Solutions, indicating its growing appetite for real estate firms. Continue reading
The firm focuses on both private and public companies that are in growth stages. And it has invested in a host of well-known startups including Airbnb, Facebook, Expedia, Dollar Shave Club, GoFundMe, Netflix, Spotify, and Zillow. Continue reading