TDR, private investors to acquire Asda for £6.8bn
TDR Capital and private investors have agreed to acquire supermarket chain Asda for £6.8bn.
TDR Capital and private investors have agreed to acquire supermarket chain Asda for £6.8bn.
French waterfproofing business SMAC Group, backed by US private equity firm OpenGate, has sold its French subsidiary Axter to IKO Industries, a Belgian manufacturer of residential and commercial roofing products and insulation.
Seaya Ventures has held an €85m first close for its third fund, Seaya Ventures III.
Berlin-based GP PrecapitalPartners is to acquire Germany-based bakery chain Dat Backhus, following its insolvency proceedings, which began in April 2020.
White Star Capital has held a first close for its new vehicle, Digital Asset Fund, which has a $30m target and invests in crypto-networks and blockchain-enabled businesses.
Kennet Partners and Eight Roads Ventures portfolio company Rimilia, a developer of cash allocation software, has been sold to trade buyer BlackLine.
UK investment firm Inspirit Capital has made an investment in London-based digital cinematography and hire facility Procam Group.
Automotive supplier Flabeg, a portfolio company of Sun Capital, has been acquired by lender Cordet Capital following insolvency proceedings.
Private equity firm Investindustrial, alongside China's sovereign wealth fund China Investment Corporation (CIC) and Italian lender Unicredit, has launched China-Italy Industrial Cooperation Fund (CIICF), a €600m vehicle investing in Italian mid-market companies.
Further Global Capital Management has acquired AA Ireland, the roadside assistance and insurance intermediary company, for €240m.
Japan-headquartered NEC Corporation has wholly acquired Switzerland-based banking software platform Avaloq from existing shareholders, including Warburg Pincus, in a deal valuing the fintech company at CHF 2.05bn.
Global Founders Capital and Rocket Internet have participated in a £21m funding round for technology and coding course provider Knoma.
The two companies will merge by the end of this year or early 2021
French GP Sparring Capital (previously known as Pragma Capital) is aiming for a final close in the coming months for its fourth fund, having collected around two thirds of its target. Greg Gille catches up
Last week, Abu Dhabi-based sovereign investor Mubadala Investment agreed to invest over $800m for a stake in Reliance Retail
Liverpool Victoria sold its general-insurance business to Allianz earlier this year
Democratic control in Washington could sharply change how lawmakers oversee buyout firms
Laxman Pai, Opalesque Asia: Hedge fund strategies were marginally impacted by Covid-19 headwinds, with the Lyxor Global UCITs Peer Group down -0.8% so far in September (as of September 25th). The better performing stra...Article Link
SK Capital has formed NuCera Solutions to acquire the specialty polymers business of Baker Hughes. NuCera produces specialty olefin polymers and high melting point polyethylene waxes that are used in adhesives, candles, coatings, imaging, personal
Snow Phipps has acquired Prototek, a provider of rapid prototyping services, from CORE Industrial Partners. Prototek’s capabilities include CNC machining, powder coating, chromating, anodizing, silk screening, and assembly. The company can prototype parts from a
