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Month: November 2021

KKR, Round Hill Capital and Longridge announce the sale of their Italian Logistics Portfolio from their Elizabeth real estate fund, to EQT Exeter for €117.5m

London, 12 November 2021: KKR, Round Hill Capital (“RHC”) and Longridge Capital (“LRC”), today announced the sale of their Italian logistics portfolio held through their investment in the Elizabeth real estate fund (the “Elizabeth portfolio”),

KKR Further Expands Industrial Real Estate Portfolio in Phoenix

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired two multi-tenant industrial buildings totaling approximately 154,000 square feet in the Papago industrial park, located in the highly infill Southwest

KKR and Gulf Bay Group Complete Sale of Mystique at Pelican Bay in Naples, Florida

NEW YORK & NAPLES, Fla.--(BUSINESS WIRE)-- KKR and Gulf Bay Group of Companies (“Gulf Bay”) today announced that they have completed the sale of all condominium units in Mystique at Pelican Bay, a trophy luxury

Storytel to acquire streaming service Audiobooks.com – entering the U.S. market

The Storytel Group (“Storytel”), one of the world’s largest audiobook and e-book streaming companies, has signed a definitive agreement to acquire Audiobooks.com from KKR. Audiobooks.com is one of the leading services for audiobook experiences in

Lone Star to exit MBCC in EUR 5.2bn deal

Lone Star Funds has agreed to sell MBCC Group (formerly BASF Construction Chemicals) to trade player Sika for an enterprise value of CHF 5.5bn (EUR 5.2bn).

Adelis III holds EUR 932m final close

Nordic mid-market investor Adelis Equity Partners has announced the final close for Adelis Equity Partners Fund III on EUR 932m.

Partners Group to exit Taco Bell US franchisee to fellow buyout house Orangewood Partners

Global buyout major Partners Group has agreed to sell Taco Bell US franchisee Pacific Bells to special situations investor Orangewood Partners. The post Partners Group to exit Taco Bell US franchisee to fellow buyout house

Monterro 4 holds EUR 700m final close

Nordic B2B software investor Monterro has held a final close for its fourth fund on its hard-cap of EUR 700m.

How Lever VC’s big bet on alternative protein paid off – and what the future holds for the sector

Alternative protein investor Lever VC founder and managing partner Nick Cooney talked AltAssets through the positives and negatives of the growing market, and shared his investment strategies for the next few years.  The post How

True Wind Capital raises $817m for sophomore fund, 1.5x bigger than Fund I

Technology-focused investment house True Wind Capital Management has closed its second fund on $817m of equity commitments, almost 1.5x the size of its predecessor fund. The post True Wind Capital raises $817m for sophomore fund,

Pollen Street sells Aryza to company managed by itself, Macquarie Capital Principal Finance

Pollen Street Capital has agreed to sell financial software business Aryza to Atlas Bidco, a company backed by itself, Macquarie Capital Principal Finance and Aryza senior management. The post Pollen Street sells Aryza to company

Thoma Bravo buys into software improvement specialist Pendo at $2.6bn valuation

Software improvement business Pendo has picked up a $110m secondary investment led by Thoma Bravo at the company's recent $2.6bn valuation. The post Thoma Bravo buys into software improvement specialist Pendo at $2.6bn valuation first

Bridgepoint sells fast-growing biotech business HTL to Montagu

European private equity house Montagu has entered exclusive negotiations with Bridgepoint to acquire HTL Biotechnology, a fast-growing biotech and industrial business specialising in pharmaceutical grade biopolymers. The post Bridgepoint sells fast-growing biotech business HTL to Montagu

Carlyle, Stellex buy US Navy engineering specialist IMIA from JF Lehman

Carlyle and Stellex Capital have bought US Navy engineering business IMIA Holdings from JF Lehman & Company after three years in the latter's portfolio. The post Carlyle, Stellex buy US Navy engineering specialist IMIA from

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