Real Madrid issues statement condemning €2.7bn deal between CVC and LaLiga

Footballing giant Real Madrid has issued a statement that highlights its disapproval of a new agreement between Spanish football league system LaLiga and private equity firm CVC Capital Partners. The post Real Madrid issues statement

Tiger Global deploys $200m into newly crowned unicorn GoGuardian

Global asset management firm Tiger Global Management has invested $200m into GoGuardian, bringing the EdTech company’s valuation to $1bn. The post Tiger Global deploys $200m into newly crowned unicorn GoGuardian first appeared on AltAssets Private

Clearlake buys into Cornerstone OnDemand in $5.2bn privatisation deal

Clearlake Capital has agreed to back talent management software Cornerstone OnDemand for $57.50 per share in cash, representing an enterprise value of $5.2bn. Fellow private equity Vector Capital will make a minority investment in Cornerstone

$73.3bn-managing IMCO bought into Green Frog Power to capitalize on the adoption of renewable energy in the UK

The Investment Management Corporation of Ontario has agreed to buy 100% stake of UK Green Frog Power as it expects the UK to be a global leader in the adoption of intermittent renewable energy over

Retail specialist True leads $2.7m seed round in Fable home to capture post pandemic home furnishing demand

Retail and consumer-focused buyout house True has led a $2.7m seed round investment in Canadian home accessories seller Fable Home to capitalize on increase home furnishing demand boosted by the pandemic. The post Retail specialist

Gresham House seals £3.3m deal in backing business integration software Patchworks

Software focused Gresham House Ventures has made a £3.3m investment in e-commerce business automation software Patchworks to capitalise on the “continued growth of e-commerce”. The post Gresham House seals £3.3m deal in backing business integration

Apollo to buy Lumen’s ILEC business for $7.5bn, 5.5x adjusted EBITDA

Global buyout major Apollo has agreed to back part of the incumbent local exchange carrier business of Lumen Technologies for $7.5bn, including debt assumption of approximately $1.4bn. The deal valued the company at around 5.5x

Thoma Bravo, JMI Equity back workspace booking software Condeco to capitalise on post-pandemic flexible working culture

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

PAI Partners enters into $3.3bn deal to buy into Tropicana, Naked juice

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

L Catterton exits Sweaty Betty after expansion in Europe, US and Asia

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

Broadtree Partners acquires Sayres and Associates to support acquisition efforts

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

Reese Witherspoon’s media company receives Blackstone investment

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

Baronsmead VCTs exits Vietnamese restaurant chain Pho to TriSpan after fivefold network expansion

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

Bridges seals 2.5x return with Wholebake parent exit after tripling revenues

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.

Lonsdale sells Cross Rental Services to Elysian Capital, second exit in a week

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

KKR hires ex-CVC exec Wood to boost UK coverage

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

Genstar Capital to reinvest in AMBA to further capitalize on the senior market

Private equity major Genstar Capital has reinvested in portfolio company Association Member Benefits Advisors out of its ninth fund. The post Genstar Capital to reinvest in AMBA to further capitalize on the senior market first

Navis Capital closes pair of funds aimed at Asian companies

Navis Capital Partners, a Singapore-headquartered private equity firm, has closed a pair of funds aimed at Asia-based opportunities. The post Navis Capital closes pair of funds aimed at Asian companies first appeared on AltAssets Private

Ambienta sealed around 2x return by exiting Calucem for €150m

Sustainability-focused private equity house Ambienta has agreed to sell Calucem to Cementos Molins in a trade deal for €150m, scoring around 2x return from a five-year investment period. The post Ambienta sealed around 2x return

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