Behind the raise: Princeton Equity Group sees strong deal pipeline after closing $575M fund
Doug Kennealey, who co-founded Princeton Equity in 2019 with longtime friend and colleague James Waskovich, said the firm was fortunate to receive significant support from many of its limited partners who invested in its first fund, as well as new investors. Princeton invests primarily in control buyouts and recapitalizations of growth-oriented franchise-model companies across industries.
Carbon Steak planned to open this fall in downtown Milwaukee
Carbon Steak would take over the former The Garden banquet facility that is attached to nightclub Lucid Lounge.
Bun B’s Trill Burgers to open 4 concession locations at NRG Stadium for 2023 season
The Houston Texans are giving fans another reason to head to NRG Stadium during the 2023 season with the addition of Trill Burgers to its concessions lineup.
City Beautiful Cafe opens in Orlando City Hall space
The space had previously sat vacant after 4 Rivers left.
My Home Park is shipping native plant gardens to more states
My Home Park, the startup that sells kits of native plants for home gardeners, is expanding its mail-order business to 13 more states.
Endeavor lands new equity partner for spec industrial portfolio in $31.7 million transaction
Endeavor Development and the equity partner involved in the company's first speculative industrial projects have completed a deal that allows that partner to exit and a new one to join.
Exclusive: Out-of-state turbine and propulsion company weighs North Texas for major factory site, HQ relocation
Airborne Motorworks, a Washington-based company developing next-generation wind turbines and propulsion drive systems with wide-ranging applications, is strongly considering Dallas-Fort Worth for a potentially large factory, as well as its corporate headquarters.
Dominican University to open Chicago campus in fall 2024
Dominican University is expanding its suburban campus to Chicago next year to accommodate more students.
Menomonee Falls considers incentives for redevelopment of two former Kohl’s properties
The village of Menomonee Falls is considering $1.2 million in incentives to support redevelopment of two properties recently sold by Kohls Corp.
Ruby Dry Cleaners building to become apartments, day care
The vacant family-owned dry-cleaning facility in the Chicago neighborhood of Irving Park sold last week for $2.6 million.