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Brunswick Group is handling TheStreet’s deal to sell its B2B business (The Deal and BoardEx) to Euromoney Institutional Investor PLC for $87.3M.
The divestiture of the units, which combined for $23.8M revenues in 2017, is part of TheStreet's strategic review to bolster shareholder value. It follows the sale of The Rate.
TheStreet CEO Dave Callaway plans to resign, once the divestiture of The Deal and BoardEx is approved early next year.
With Callaway’s departure, CFO Eric Lundberg will add the CEO title and Margaret de Luna, consumer president chief, will become COO.
Jim Cramer, host of CNBC’s “Mad Money,” founded TheStreet.
Brunswick Americas CEO Nik Deogun, partner Darren McDermott and director Kate Beers handle TheStreet deal.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Tod Donhauser, a nine-year veteran of Edelman, has joined H/Advisors Abernathy as managing director and head of its San Francisco office.
Intelligent Group Ltd, a Hong Kong-based financial PR firm, has priced its initial public offering of 1.9M shares at $4, which is the low end of the $4 to $5 range.
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