The private equity industry is on track to post its best year with deal value, exit value and fund-raising all on pace to approach or cross $1tn by year end, according to the midyear report
Footballing giant Real Madrid has issued a statement that highlights its disapproval of a new agreement between Spanish football league system LaLiga and private equity firm CVC Capital Partners. The post Real Madrid issues statement
Astorg has invested in Demetra, an Italian manufacturer of surgical devices, while minority backer Keensight has exited the business.
New Spring Capital has hit the hard cap to close its fourth mezzanine fund on $364m, marking the largest mezzanine fund for the firm to date. The post New Spring Capital closes largest mezzanine fund
Global asset management firm Tiger Global Management has invested $200m into GoGuardian, bringing the EdTech company’s valuation to $1bn. The post Tiger Global deploys $200m into newly crowned unicorn GoGuardian first appeared on AltAssets Private
Clearlake Capital has agreed to back talent management software Cornerstone OnDemand for $57.50 per share in cash, representing an enterprise value of $5.2bn. Fellow private equity Vector Capital will make a minority investment in Cornerstone
The Investment Management Corporation of Ontario has agreed to buy 100% stake of UK Green Frog Power as it expects the UK to be a global leader in the adoption of intermittent renewable energy over
Lonsdale Capital Partners has completed the sale of Cross Rental Services (CRS), an Irish provider of refrigeration, catering and climate control rental equipment, to Elysian Capital.
Healthcare-focused buyout house ArchiMed has closed its oversubscribed third fund on €650m despite receiving €1.3bn in the virtual raise. MED III has beat its target of €500m and doubled the size of its predecessor MED
Tenzing has entered into a definitive agreement to sell its investment in Smoothwall, a UK provider of safeguarding technology to the education sector, to Australian cybersecurity business Family Zone for GBP 75.5m.
Consumer-focused private equity house Meaningful Partners has hit a final close for its oversubscribed debut fund on $175m, over its hard cap of $150m. The post Consumer-focused Meaningful Partners beats hard cap to close debut
Healthcare-focused GP ArchiMed has held a first and final close for its small-cap fund MED III on its hard-cap of EUR 650m.
The first half of the year saw about $12bn of single-asset sales, a report shows
The firms and their long-languishing shares are benefiting from current market dynamics such as low interest rates
The deal has come under scrutiny in the UK since it was announced in September
Revo Capital, Re-Pie Asset Management and Finberg – all early-stage investors in Turkey-based grocery delivery company Getir – are planning to sell shares in the company worth up to USD 100m to an existing investor,
Global buyout giant Blackstone has hired Ramzi Ramsey and Mike Kirkman as managing directors to work across the firm’s Blackstone Growth and Tactical Opportunities businesses. The post Blackstone hires two new MD for Blackstone Growth
