US buyout house DigitalBridge and Canada's Brookfield Asset Management have scored a surprise €17.5bn buyout of Deutsche Telekom's towers business after coming in with a big late bid in the auction. The post Surprise €17.5bn
UK private equity investor Pelican Capital is celebrating a roughly 6.5x return through the exit of parking technology provider YourParkingSpace. The post Pelican Capital scores 6.5x return through savvy YourParkingSpace investment first appeared on AltAssets
KKR is in talks with the Australia and New Zealand Banking Group to divest software firm MYOB. Local media said the deal can be priced at over A$4.5bn ($3.04bn). The post KKR in talks with
Carlyle has agreed to sell a majority stake in US government procurement and supply chain software provider Unison to Madison Dearborn Partners, two years after buying back into the business it previously owned in the
BC Partners is looking to exit IT Presidio at more than $4bn, including debt, Reuters reported quoting two people familiar with the matter. The post BC Partners looking at $4bn deal to divest IT company
Blackstone and the Canada Pension Plan Investment Board have agreed the buyout of Genstar Capital’s Advarra, in a deal believed to value the business at about $5bn. Genstar and Linden Capital Partners will continue to
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
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
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
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
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
Software-focused private equity house Thoma Bravo has cut the takeover offer for software maker Anaplan from $10.7bn to $9.6bn. The post Thoma Bravo slashes Anaplan takeover offer by 10% to $9.6bn first appeared on AltAssets
Global buyout giant KKR has invested in supply chain risk management software specialist Apexanalytix. The post KKR buys into booming supply chain risk management software business Apexanalytix first appeared on AltAssets Private Equity News.
Private equity major Cinven has agreed to buy a majority stake in Carlyle portfolio business Euro Techno Com Group. The post Cinven buys majority stake in Carlyle-backed ETC Group first appeared on AltAssets Private Equity
RedBird Capital Partners has agreed to buy one of the world's top football teams, Italy's AC Milan, in a deal valuing the club at €1.2bn. The post Illustrious world football giant AC Milan bought by
UK mid-market buyout house Graphite Capital has exited scientific animation producer Random42 in a trade deal to The Lockwood Group. The post Graphite Capital exits scientific animation producer Random42 after five years first appeared on AltAssets Private
European investor Verdane has exited legal and finance software Scanmarket after doubling its annual recurring revenue. The post Verdane exits legal and finance software Scanmarket after doubling ARR first appeared on AltAssets Private Equity News.
Private equity giant Blackstone is said to be nearing a deal to buy pharmaceuticals and regulatory consulting business Advarra from Genstar Capital at $5bn valuation. The post Blackstone near deal to buy Advarra from Genstar
Guggenheim Investments and Oak Hill Advisors have participated in a funding round in insurance broker Acrisure, valuing the company at $23bn. The post Guggenheim participates in Acisure funding round at $23bn valuation first appeared on
