Peter Briger, a principal of Fortress Investment Group, knows that acquisitions are usually a common thing. Investment firms can easily acquire investment firms. The big guy usually seeks out to purchase the small guy. Make sense? Although Fortress Investment Group wasn’t really a small guy, they were acquired by SoftBank for $3.3 billion. Although on the outside it doesn’t seem to make a lot of sense, consider that for those involved in the transaction it did make sense. Let’s take a look at why this is so.
In July 2017, shareholders from Fortress Investment Group agrees to sell the firm. Making it final in December of 2017, and discussions were flying about why a big tech bank would want to purchase this investment firm. Peter Briger knows it’s all about the story behind each party, and not what you see on the surface. This is why it does pay to learn more about each firms history, and how they evolved over time. Meet Pete Briger: A Titan in the Investment and Finance World.
Peter Briger, is quite familiar with the idea of rebranding, as well as dipping his toe into new waters. Based out of San Fransisco, he is exposed to numerous options and watching tech startups. SoftBank was initially working as a wholesaler of PC software. Currently, the bank claims stakes in more than 400 tech companies, from internet providers to other technologies revolving around telecommunications. Peter Briger has watched SoftBank thrive over the years under the watchful eye of Masayoshi Son. It’s no surprise that with the smart decisions he has made in the past, that he would want to acquire a private equity investment firm that manages more than $180 billion in assets. That’s a large number for a firm that has only one branch operating at the present time. With a focus on technology for the future, this investment firm would have perhaps began acquisitions within this field anyhow.
For details: www.skypetroleum.com/peter-l-briger
OSI Group has time and again demonstrated that they are the company that sets the standards for the meat producing industry. The company started out as a small butcher shop in 1909 and now has grown to be one of the biggest meat producing and manufacturing companies in the entire world. The company offers a range of products and is continually trying to find ways in which they can develop and improve all that they have to offer.
One of the recent developments that the company underwent was with regards to the acquisition of Flagship Europe. The company is a division of Flagship Inc and is a company that offers a range of sauces and dressings in countries across the world. Flagship Europe, in particular, had undergone a number of developments when it decided to expand its services to the ‘to-go’ foods category.
The reason OSI Group decided to take over Flagship Europe was that they wanted to expand and enter into a new sector that they had previously not tapped into. The industry of meat production was already claimed by OSI, but the sauces and dressings market was still not something that OSI had begun selling in. The leaders at OSI thought that this would be a good step for the company to take, which would improve their reach and also be able to situate themselves in newer markets.
For Flagship Europe, the acquisition was something that they had been waiting for an incredibly long time. The company was looking for ways in which it could improve its functionality, and being acquired by a company as large as OSI was just another step towards that goal. This route will ensure that the Flagship Europe gets their constant supply of raw materials and foods through a trusted source without having to seek the help of multiple other companies and manufacturers for their goods that they offer. OSI Group acquires Baho Food
The acquisition was just one of the components of the development that OSI Group has seen during the past year. The company has been making a number of changes to its workings and has acquired a number of companies to improve their reach and the markets that they serve. The company has also been implementing several new implementations to improve the sustainability of the plants that carry out the manufacturing, and to make the processes a lot more efficient and environmentally friendly. OSI Group Expands Operations
Brazil will be working n a number of the consessions project over the second half of this year. The government of the country started with concession projects last year in 2017, but many will continue into late 2018.
Several of the northeastern states of Brazil are investing in the transfer of assets to the private initiative such as concession and sub-concessions, and public private partnerships (PPPs). That is to avoid some federal restrictions and the tightening of finance without cutting don the investments. This was reported by the Infrastructure expert working on the projects Mr. Felipe Montoro Jens.
The state of Bahia is working on the Light Rail Vehicle Project. About 19 miles will be established covering 21 stops will replace the suburban train. That will benefit almost two million people.
Piaui is working on 24 concession projects and PPPs. Felipe Montotor Jens says that the most significant of those is to increase to coverage f the sewage network in Teresina, jumping from 24 percent to 80 percent. Another project is the improved Internet connection which benefitted 2.1 million people in Piaui.
State Maranhao is constructing four prisons, and they are expected to start running in June 2019, according to Felipe Montoro Jens.
The state of Pernambuco, the sanitation company Compesa is working on the initiative of BNDES to increase Compesa’s involvement in the sanitation sector of the country as a whole. The Pernambuco state is also working on expanding the production and distribution in the interior business.
According to Radar PPP, the states of Pernambuco, Rio Grande do Norte, Alagoas, and many others in the vicinity have signed 23 PPP contracts which amount to over R $28 billion. Infrastructure expert Felipe Montoro Jens said that this is the second biggest regional volume. It is bested only by the Southern states of Brazil which have achieved well over 60 contracts.