Bain Capital triumphs over PE competitors in bid to buy coronavirus-stricken Virgin Australia
The battle to buy coroanvirus-stricken airline Virgin Australia is over after Bain Capital won the bidding war to buy the business.
The battle to buy coroanvirus-stricken airline Virgin Australia is over after Bain Capital won the bidding war to buy the business.
Deal sourcing intelligence business Sutton Place Strategies explains how private equity firms can get strategic, efficient, and creative with their deal sourcing in the teeth of the coronavirus crisis.
Private equity house Great Hill Partners has agreed to buy subscription-based stock media company Storyblocks.
Private equity dealmaking volume has continued its slump as the coronavirus pandemic weighs heavily on activity, with figures falling to a new 12-month low, data from Moody's subsidiary BvD shows.
The alternative assets industry is set for a swathe of staff continuing to work from home after the coronavirus lockdown ends, a new survey of managers within the industry reveals.
Apollo Global-backed CEC Entertainment, the parent company of novelty restaurant chain Chuck E Cheese, has filed for bankruptcy protection in the wake of the coronavirus crippling its operations.
BNP Paribas Asset Management has raised more than €570m for the final close of its second Euro SME Debt Fund, following its first fund completing its investment period earlier this year.
AI-automated sports production business Pixellot has picked up a $16m investment round led by current backed Shamrock Capital Advisors.
KKR has hauled in more than $10bn for its fourth pan-Asian private equity fund, putting it within a whisker of becoming the biggest-ever PE vehicle raised targeting the region.
UK-based private equity house Tenzing has raced to a £400m final close for its sophomore fund in what is believed to be the first buyout fund raised entirely virtually.
Event management software business Aventri has closed a strategic growth equity round with current private equity investors HGGC and Level Equity.
Bain Capital is reportedly attempting to trump CVC Capital's buyout of a stake in Italian top-flight football league, Serie A, which could value it at about €12bn.
Swedish pension fund AMF, bank SEB and foundation-backed asset manager FAM have launched an SEK3.5bn investment company to back Swedish businesses struggling to make it through the coronavirus crisis.
Swiss contract research, development and manufacturing specialist Solvias has been bought by JLL Partners and Water Street Partners.
Spanish early stage investment house Ysios Capital has hit €155m for its third life science fund - and could go as high as €200m for the vehicle.
The vast majority of private equity LPs are seeing proactive engagement from GPs on the impact of the coronavirus crisis on their portfolios, new research shows.
Wing Venture Capital has hit a $450m final close for its biggest fund to date, despite having to raise the fund virtually due to the coronavirus pandemic.
Singapore investment house Vulpes is looking to repeat a barnstorming return made in the wake of the global financial crisis by launching a dedicated coronavirus investment vehicle.
Financial services digitisation platform Nymbus has picked up $12m in a new financing round led by major shareholders Insight Partners and Vensure Enterprise. Nymbus said the new capital would go towards supporting rapid market penetration for
Xenon Partners has picked up collaborative digital design and prototyping platform UXPin - the latest in a string of PE deals leveraging the rise in remote working and applications
