Private Equity Bros Weekly

Where to Find the Best Deals on Hoka Shoes

Meaning “to fly” in Maori, Hoka was founded in 2009 so that anyone spending long hours on their feet could get the ultimate experience with optimum cushioning and stability. Less than 15 years after its founding, Hoka is bringing in revenues topping a billion dollars a year, so it’s clear that people are loving this brand. But with quality comes high prices, and Hoka is no doubt in the high end price-wise. Thanks to Brad's Deals, we found the best prices on Hoka.

📊 Weekly Summary

Here’s a quick rundown of this week’s financial news.

Private equity is facing a liquidity crunch, with secondary sales set for record highs. BlackRock’s potential joint venture with Ambani could shake up India’s private credit market.

Meanwhile, China’s eyeing a hefty $850B debt boost to fuel its economy. Wall Street banks are cashing in as deal-making fees surge. On the global stage, public debt is set to exceed $100T, while U.S. election betting heats up post-regulatory green light.

One Excel Database, 400 Investment Banking Decks.

📈 Recent Finance News

ECB Cuts Rates for Third Time to 3.25%: Interest rates are reduced again, aiming to support the slowing economy (CNBC)

Foreign Holdings of US Treasuries rose to $8.503T: International investors increased their holdings of U.S. debt to an all-time high (RT)

Traders Dial Back Rate Cut Bets on Solid Economic Data: Strong economic data led traders to reduce expectations for future rate cuts (YF)

PE Secondary Sales Surge Amid Liquidity Strains: Secondary sales of PE stakes set for record levels as firms struggle with cash flow (PEW)

BlackRock Eye India Private Credit Venture: BlackRock in talks with Ambani for a joint venture that could reshape the Indian market (ET)

China's $850B Debt Issuance to Stimulate Growth: China considers raising new debt over the next 3 years to support economic recovery (RT)

Wall Street Banks See Boost from M&A Fees: Major U.S. banks benefit from a resurgence in deal-making, with M&A fees on the rise (RT)

Global Debt to Surpass $100 Trillion: Global public debt is set to surpass $100T this year, raising concerns about fiscal sustainability (IMF)

JP Morgan Expands into Africa: Jamie Dimon steers JP Morgan’s strategic push into Africa, aiming to increase the bank’s influence (RT)

U.S. Election Betting Resurges Post-Court Decision: Interest in U.S. election betting has spiked after a court lifted the regulatory ban (FT)

🔍 Newly Released Reports  

  • Value Creation Research Report (Morgan Stanley)

  • Investment Banking Scorecard (LSEG)

  • Investment Country Guide (Savills)

  • Employee Reward Strategies (HA)

  • Growth in Private Credit (RBA)

  • Q3-24 Venture Pulse (KPMG)

  • Weekly Market Guide (RJ)

🤝 M&A Activity

Advent International eyes Tate & Lyle takeover (Guardian)
Deal Value: $4.1B

MasOrange seeks to sell 50% stake in Vodafone Spain fiber JV (RT)
Deal Value: $3.1B - $4.4B

Pension fund AustralianSuper leads investment in DataBank (DB)
Deal Value: $2B

KKR to sell Singaporean logistics firm Goodpack (BT)
Deal Value: ~$1.8B

PE firm Silver Lake and GIC acquire billing software firm Zuora (Zuora)
Deal Value: $1.7B

Warburg Pincus considers buyout of German IT firm Nagarro (YF)
Deal Value: $1.4B

Schneider Electric to acquire controlling stake in Motivair (EC)
Deal Value: ~$850M

Crane NXT acquires De La Rue's authentication business (GNW)
Deal Value: $391M

PAI Partners submits improved offer for Sanofi’s Opella (YF)
Deal Value: Undisclosed

Bridgepoint to reinvest in Kyriba Alongside General Atlantic (GA)
Deal Value: undisclosed

I trust you found this roundup helpful. We’re on it, gathering more insights to deliver your way soon.

Until next time,
PE Bro

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