Private equity group GED Capital has invested in Comess Group S.L. through its fund GED VI Spain, becoming the company’s majority shareholder in the process. Founded in 1988, Comess Group is a restaurant group that
Middle-market private equity firm Gryphon Investors has acquired Right Time Heating and Air Conditioning from investor Clairvest Group. Right Time’s management will remain with the company and retain a significant equity stake. Financial terms of
Having only managed to source roughly a third of its $12bn fundraising goal, BlackRock has now set its sights significantly lower. The investment giant now plans to raise between $4bn and $6bn in total over
Aksia has hired investment veteran Chris Thorne as managing director for private equity and real assets research in its London office. Before stepping into his new role, Thorne has clocked up more than 15 years
Morgenthaler Private Equity has closed its oversubscribed third fund MPE Partners III at the hard cap of $420m. MPE Partners, which is a lower middle market private equity firm based in Cleveland, launched fundraising in
An affiliate of leading alternative investment firm H.I.G. Capital has made an equity investment in KM2 Solutions, a business process outsourcing provider with an extensive footprint throughout the Caribbean and Latin America. Through the deal,
Neha Champaneria Markle has been named as the new head of Morgan Stanley Investment Management’s Alternative Investment Partners private markets solutions. She will take on the new responsibilities in January while retaining her role as
Los Angeles County Employees Retirement Association is planning to launch a request for proposal for a private equity consultant before the end of January. The news comes after the $60bn pension fund’s contract with Stepstone
Private equity firm Thoma Bravo has invested in consumer experience venture Zipari in a round that puts the company’s valuation close to $500m. On the back of the raise, Zipari will be able to serve
IK Investment Partners has sold Dutch chilled convenience food company Signature Foods to Pamplona Capital Management. The two London-based private equity firms did not disclose the details of the deal. “We are incredibly proud of
Nordic investor NAXS has made an investment commitment of $2.3m to the private equity buyout fund Equip Capital Fund I LP. Equip is a new private equity manager established by an Oslo-based team with background
Private equity firm L Catterton has entered into a definitive agreement to sell pet food platform Inspired Pet Nutrition to CapVest Partners. Terms of the transaction were not disclosed. Inspired Pet Nutrition is best known
Beech Tree Private Equity has reportedly set aside between £10m and £40m for an investment into an unnamed wealth management company. The deal will support the businesses growth across England and Scotland, according to FT
After it was revealed last week that Blackstone had offered to buy Signature Aviation for $4.3bn, the UK company has now accepted the deal. The deal means that Blackstone will pay $5.17 per share for
Ant Group’s upcoming IPO could make some private equity firms a lot of money. Private equity firms Silver Lake, Warburg Pincus, Carlyle Group and General Atlantic have previously put money into the Chinese giant, according
From: RegTech Analyst Private-equity firm Thoma Bravo has raised $22.8bn to three tech-focused funds, making it one of the largest fundraising hauls ever, according to the Wall Street Journal. The Chicago-based firm has previously bought
From: FinTech Global An investor who’ve previously backed FinTech companies is facing a revolt due to his ties with convicted sex offender Jeffrey Epstein. Leon Black is the chairman, CEO and founder of Apollo Global
Middle-market private equity firm Charlesbank Capital Partners has closed its Charlesbank Credit Opportunities Fund II after crushing its $500m target by receiving LP commitments in excess of its $700m hard cap. The new round is
Private equity firm Abry Partners has acquired a majority stake in HealthEZ, an independent third-party administrator (TPA) of self-funded medical plans, adding the company to its growing portfolio of healthcare services investments. Abry’s investment is
