Smiths Group sells medical division to TA Associates
FTSE100 company will focus on industrial technology following sale
FTSE100 company will focus on industrial technology following sale
Lower mid-market focused private equity house Lonsdale Capital Partners has made the second exit in the week by selling Cross Rental Services to Elysian Capital, marking its fourth exit this year. The post Lonsdale sells
Global buyout giant KKR has hired Michaela Wood from CVC Capital Partners as director. Wood will join the EMEA private equity team to work on UK coverage and support investments in the business services sector
TA Associates has agreed to acquire the US-based Smiths Medical unit of Smiths Group, a listed UK-based engineering company, at a USD 2.3bn enterprise value.
Fintech startup Titanbay has hired Alex Bozoglou as head of investments to bolster its fund offering capabilities. Bozoglou will lead on fund selection, portfolio construction and deepening the relationships with GPs. The post Titanbay hires
Bolt, an Estonian smartphone application provider for online car booking services and food delivery, has closed a EUR 600m funding round from investors including Sequoia, Tekne, Ghisallo, G Squared, D1 Capital and Naya.
GCA and Houlihan Lokey, the global investment bank, have entered into a definitive agreement under which Houlihan Lokey will commence a tender offer to acquire GCA.