Strategic Value Partners has hit a final close on $5bn for Strategic Value Special Situations Fund V, well above its initial target of $4bn. The investment vehicle almost doubled the size of its predecessor Fund
Elysian Capital has acquired UK-based healthy snacks producer Wholebake from Bridges Fund Management.
Global buyout giant Thoma Bravo has partnered with JMI Equity to buy into workspace booking software Condeco. The post Thoma Bravo, JMI Equity back workspace booking software Condeco to capitalise on post-pandemic flexible working culture
San Francisco-based venture capital firm Root Ventures is looking to raise $150m for its third fund, AltAssets has learned. If reaching the target, the fund will double the size of its predecessor Fund II. The
French private equity house PAI Partners has agreed to buy juice brands including Tropicana and Naked across North America from PepsiCo for $3.3bn. The deal also includes an irrevocable option to sell buy certain juice
PepsiCo has entered into agreements to sell Tropicana, Naked Juice and other select juice brands across North America to PAI Partners for USD 3.3bn.
Appointment further strengthens KKR’s investment team in the UK and in the Services sector LONDON--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announces the appointment of Michaela Wood as a Director, effective immediately. Based
In the UK, 559 senior managers in financial services firms were made redundant last year, up from just 61 the year before
Consumer-focused buyout house L Catterton has sold its stake in woman sportswear brand Sweaty Betty to Wolverine World Wide. The post L Catterton exits Sweaty Betty after expansion in Europe, US and Asia first appeared
Global buyout major TA Associates has hired five new vice presidents to be based in Boston and Menlo Park. The post TA Associates follows rapid $12.5bn fundraise with five senior hires first appeared on AltAssets
Broadtree Partners, which stylises itself as an operator-centric private equity firm, has acquired Sayres and Associates, a provider of support services to the Department of Defense. The post Broadtree Partners acquires Sayres and Associates to
China-based venture capital Vitalbridge Capital is said to have hit a first close of $200m for its second US dollar-denominated fund just one year after the final close of Fund I. The post Vitalbridge hits
Reese Witherspoon-founded Hello Sunshine has received funding from buyout giant Blackstone and an unnamed, newly formed media company run by entertainment executives. The post Reese Witherspoon’s media company receives Blackstone investment first appeared on AltAssets
Gresham House Ventures has agreed to sell its stake in Vietnamese street food restaurant chain Pho on behalf of the Baronsmead venture capital trusts. The post Baronsmead VCTs exits Vietnamese restaurant chain Pho to TriSpan
Pho, a Gresham House Ventures-backed UK-based chain of Vietnamese restaurants, has been acquired by PE firm TriSpan's dedicated restaurant fund Rising Stars.
Sustainable and impact Bridges Fund Management has sealed a 2.5x return by exiting part of its stake in Healthfull Holdings, parent company of UK gluten-free snacks maker Wholebake to fellow private equity house Elysian Capital.
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.
The £375m Future Fund: Breakthrough will focus on ‘deep tech’ sectors
