Wednesday, January 7
Everything we published on this day.
3 stories
Continuation vehicles were a big thing in '25 as many private equity firms struggled to find exits for portcos. But they're not new. In '21, Platinum Equity dumped its portco United Site Services into a CV invested in by Fortress, $ARES & $BX. How'd that turn out? Well, sheeyit.
Telephone and Data Systems, a $4.8 billion telecom holding company, is being reassessed after a decade of convoluted investor messaging.
Mastercard added $2.6 billion of revenue from 2005 to 2010 while expenses rose only $0.3 billion, illustrating how extreme operating…
