Luisa Beltran

If Bank of America builds out its own merchant services unit, will anyone come? That’s the question facing the Charlotte, North Carolina, bank, one of the world’s biggest financial institutions with 66 million consumer and small-business clients. BofA, with $1.25 trillion in assets under management, wants to develop its own unit that helps businesses handle […]

David Schuppan was promoted to senior partner after less than two years. He is a longtime friend of former president Barack Obama.

Steve Lucas, head of Marketo, remembers the first time he met Robert Smith, founder, chairman and CEO of Vista Equity Partners. It was July 2016. Lucas, a sales and marketing executive with a strong product background, was looking for his next career move. He had spent several years at SAP, most recently as president in the enterprise platform and analytics.

Go national. This was Arbor Investments’s simple, but difficult, plan for Columbus Manufacturing, when it acquired the 100-year old deli-meats company in 2012. Columbus was celebrated on the West Coast for its upscale products, which include Crespone salami, slow-aged prosciutto and hickory smoked turkey. The Hayward, California, company was unknown in the East. Arbor, which focuses […]

KPS Capital Partners’ success with Anchor Glass Container stemmed from a combination of actions, led by KPS and company management. The moves helped the bottle maker boost EBITDA nearly 59 percent in less than three years, said Jay Bernstein, a partner at KPS. The New York buyout shop acquired Anchor Glass, which makes glass packaging products used by […]

Arbor Investments turned its buy of Gold Standard Baking Inc into more than just a sweet deal by boosting the company’s production of croissants five-fold and adding a heaping scoop of new customers. Arbor sold Gold Standard Baking in April 2015 to Parallel49 Equity (formerly known as Tricor Pacific Capital Inc). The Chicago private equity firm made […]