AMB :- Other Voices: Private equity carve-outs ride post-COVID wave

By:Darragh Byrne, Germaine Nicole Gurr, Arlene Arin Hahn, Tzi-Yang Seow Last spring, Dell spun off its cloud computing business, VMWare, in a deal valued at nearly US$63 billion, with the equity from the deal funneled

Other Voices: Private equity carve-outs ride post-COVID wave

By:Darragh Byrne, Germaine Nicole Gurr, Arlene Arin Hahn, Tzi-Yang Seow Last spring, Dell spun off its cloud computing business, VMWare, in a deal valued at nearly US$63 billion, with the equity from the deal funneled

KKR to Sell Industrial Real Estate Portfolio to Oxford Properties for $2.2 Billion

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has agreed to sell a 14.5 million square foot infill and light industrial portfolio to Oxford Properties (‘Oxford’), a leading global real

Pension Funds
BC Partners reacquires CeramTec alongside CPPIB

BC Partners reacquires CeramTec alongside CPPIB

BC Partners and Canada Pension Plan Investment Board (CPPIB) have acquired advanced ceramics producer CeramTec, with BC having held a stake in the company since 2018.

Private equity firms ditch the status quo in secondary deals

Original fund investors increasingly aren’t getting the option to back secondary deals for portfolio company stakes without a change to the economic terms of their initial investments

Mubadala Capital to bulk up London office

The Abu Dhabi firm recently closed on $1.63bn for its third private-equity fund, while it also plans to expand in New York

Politics
Softbank leads USD 120m round for Adverity

Softbank leads USD 120m round for Adverity

Softbank has led a USD 120m round for Austria-based marketing analytics software developer Adverity.

Hyatt Hotels buys KKR, KSL Capital-backed Apple Leisure in $2.7bn deal

Global buyout major KKR and KSL Capital Partners have agreed to exit resort-management service provider Apple Leisure Group to US hotel operator Hyatt Hotels Corporation for $2.7bn in cash. The post Hyatt Hotels buys KKR,

Permira leads series G round for $3bn Seismic, JMI Equity and Lightspeed also invest

Global buyout house Permira has led a $170m series G round funding for sales enablement company Seismic to give it a $3bn valuation. The post Permira leads series G round for $3bn Seismic, JMI Equity

Fintech investor Nyca Partners back fundraising with follow-up to $210m Fund III

Fintech investor Nyca Partners is back in the fundraising market with the successor to its $210m third fund closed two years ago. The post Fintech investor Nyca Partners back fundraising with follow-up to $210m Fund

Manufacturing and Industrial
Stirling Square, DBAG invest in Itelyum

Stirling Square, DBAG invest in Itelyum

Stirling Square Capital Partners and Deutsche Beteiligungs AG (DBAG) have invested in Italy-based industrial waste recycling business Itelyum; the parties will acquire the stake previously held by Stirling’s third fund.

Software and Hi-Tech
Altor buys majority stake in game developer Raw Fury

Altor buys majority stake in game developer Raw Fury

Altor has acquired a majority stake in Sweden-headquartered PC and console game developer Raw Fury.

Europe
Aurelius sells Office Depot Europe to trade

Aurelius sells Office Depot Europe to trade

Aurelius has sold its stake in Netherlands-headquartered office supplier Office Depot Europe to France-based packaging and business supplies distributor Raja Group.

Long-held Carlyle portfolio business Syniverse to hit $2.85bn valuation through blank cheque merger

Carlyle's long-held telecoms services business Syniverse is set to go public through a merger with a blank cheque company at a $2.85bn valuation. The post Long-held Carlyle portfolio business Syniverse to hit $2.85bn valuation through

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