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Blackstone sells famed UK holiday resort Butlin’s back to former owners after 20 month hold

Blackstone‘s 20-month ownership of venerable UK holiday resort chain Butlin’s has already come to an end through a buy-back deal from the family behind the company’s former owners. The post Blackstone sells famed UK holiday resort

Blackstone could sell Butlin’s back to former owner family, just over 18 months after buyout

Blackstone's 18-month ownership of venerable UK holiday resort chain Butlin's could already be coming to an end amid report of a £300m buy-back offer from the family behind the company's former owners. The post Blackstone

Apollo-backed low-cost airline Sun Country continues to ride out Covid crisis as it launches IPO

Apollo Global-backed low-cost airline Sun Country has filed to list on the Nasdaq stock exchange despite a troubled time for airlines since the start of the Covid-19 pandemic last year.

Struggling Saga takes aim at former private equity owners over ‘dramatic’ debt increase, short-term decision making

The former private equity owners of UK insurance and travel specialist Saga have come under fire from the business for saddling it with large amounts debt.

Apollo, other PE houses said to be wary of debt-heavy Europcar buyout amid Covid-19 uncertainty

Private equity firms including Apollo Global reportedly remain wary of investing in troubled car rental business Europcar amid owner Eurazeo asking for last-ditch bids ahead of a potential restructuring.

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.

KKR to buy holiday company Roompot from fellow private equity firm PAI Partners

Private equity giant KKR has acquired holiday parks provider in Western Europe Roompot Group, for an undisclosed amount.

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