Inflexion to exit Global Reach in trade sale
Mid-market sponsor Inflexion has agreed to sell Global Reach Group, a UK-based foreign exchange specialist, to Fleetcor Technologies, a US-listed business payments company.
Mid-market sponsor Inflexion has agreed to sell Global Reach Group, a UK-based foreign exchange specialist, to Fleetcor Technologies, a US-listed business payments company.
European life science venture capital firm Forbion has held a first close of a €470m fund to invest in late-stage European life science companies. The post Forbion holds €470m first close for Growth Opp Fund
Apollo Global Management is said to be in talks to provide up to $2bn in debt financing to retail store operator Franchise Group for the potential acquisition of department store chain Kohl's Corp. The post
Newly-found B2B life science investor Biospring Partners has closed its debut fund and co-investment vehicles with north of $245m in capital commitments. The post New B2B life science investor Biospring Partners brings in $245m for
Global buyout giant Apollo is reportedly among suitors for takeaway ordering business Just Eat's US unit Grubhub, potentially at a huge price cut compared to the $7.3bn paid for it last year. The post Apollo
A string of fashion retail majors including Lululemon and H&M have been revealed as lead funders in a $250m fashion climate fund. The post Fashion fund to tackle industry’s supply chain emissions hits $250m thanks
Secondaries-focused Pomona Capital has soared past its target to reach over $2.4bn for its tenth flagship fundraise. The post Pomona Capital soars past Fund X goal to reach over $2.4bn of commitments first appeared on
Apollo Global Management is said to have teamed up with Mukesh Ambani's Reliance Industries to make a binding bid for UK chemist chain Boots, which values the company at £5bn to £6bn. The post Apollo,
Cube Infrastructure Managers has agreed to acquire a 78% stake in French temperature-controlled logistics operator Dispam, its first deal in the segment. The post Cube IM makes debut temperature-controlled logistics deal with Dispam investment first
Obvious Ventures, the VC house launched by Twitter co-founder Ev Williams, has closed a pair of new funds to boost its assets under management to $1.11bn. The post Twitter co-founder’s Obvious Ventures closes two new
US private equity house Lovell Minnick Partners has agreed to buy a majority stake in $4.1bn-managing wealth and asset manager London & Capital. The post Lovell Minnick picks up majority stake in veteran wealth, asset
Sustainability and impact investor Bridges Fund Management has struck a £350m hard cap close for its biggest fund yet. The post Bridges Fund Management burst through target to raise £350m for biggest fund yet first appeared
The $24bn-managing Montana Board of Investments has picked Veritas Capital and Sumeru Equity Partners among its latest raft of fund commitments. The post Montana pension picks Veritas Capital, Sumeru Equity funds among latest commitments first
Mid-market investor Thomas H Lee Partners has hired healthcare industry veteran Sam Hendler to head business development. The post Thomas H Lee Partners boosts healthcare team with second senior hire in nine months first appeared
Bain Capital has closed a $2bn special situations fund for the Asia Pacific region, doubling the size of its predecessor which was closed on $1bn, Reuters reported quoting firm managing director Barnaby Lyons. The post
Nordic private equity firm Axcel has sold Denmark-based European Sperm Bank to UK family office Perwyn, according to a company announcement.
Levine Leichtman Capital Partners has sold Hand & Stone Massage and Facial Spa to Harvest Partners after seven years in its portfolio. The post Levine Leichtman ends seven-year Hand & Stone Massage ownership with exit to
Blackstone and BV Investment Partners have picked up new fund commitments from the $21.6bn-managing Arkansas Teacher Retirement System. The post Successor to world’s biggest PE real estate fund gets ATRS pension backing first appeared on
Felix Capital has doubled its funds under management to $1.2bn thanks to a new fund close. The post Felix Capital doubles AUM to $1.2bn ahead of fundraising environment becoming more cautious first appeared on AltAssets
UK-based sponsor Foresight Group has announced that it is exiting software provider Codeplay to a US corporate buyer, subject to regulatory approvals.
