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

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

$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

Software and Hi-Tech
Lonsdale scores fourth exit of 2021 with Cross Rental Services sale

Lonsdale scores fourth exit of 2021 with Cross Rental Services sale

Lonsdale Capital Partners has completed the sale of Cross Rental Services (CRS), an Irish provider of refrigeration, catering and climate control rental equipment, to Elysian Capital.

ArchiMed fund III closes on €650m in two-month fundraise, despite attracting €1.3bn

Healthcare-focused buyout house ArchiMed has closed its oversubscribed third fund on €650m despite receiving €1.3bn in the virtual raise. MED III has beat its target of €500m and doubled the size of its predecessor MED

Australia
Tenzing nets 5.6x on exit of Smoothwall

Tenzing nets 5.6x on exit of Smoothwall

Tenzing has entered into a definitive agreement to sell its investment in Smoothwall, a UK provider of safeguarding technology to the education sector, to Australian cybersecurity business Family Zone for GBP 75.5m.

Consumer-focused Meaningful Partners beats hard cap to close debut fund on $175m

Consumer-focused private equity house Meaningful Partners has hit a final close for its oversubscribed debut fund on $175m, over its hard cap of $150m. The post Consumer-focused Meaningful Partners beats hard cap to close debut

General Partners
ArchiMed raises EUR 650m in less than two months

ArchiMed raises EUR 650m in less than two months

Healthcare-focused GP ArchiMed has held a first and final close for its small-cap fund MED III on its hard-cap of EUR 650m.

‘Crown Jewel’ asset sales flood private-equity secondary market

The first half of the year saw about $12bn of single-asset sales, a report shows

Private equity stocks catch fire

The firms and their long-languishing shares are benefiting from current market dynamics such as low interest rates

Could the UK government block Nvidia’s takeover of chip designer Arm?

The deal has come under scrutiny in the UK since it was announced in September

Software and Hi-Tech
Getir investors to cash in USD 100m with secondary sale

Getir investors to cash in USD 100m with secondary sale

Revo Capital, Re-Pie Asset Management and Finberg – all early-stage investors in Turkey-based grocery delivery company Getir – are planning to sell shares in the company worth up to USD 100m to an existing investor,

Blackstone hires two new MD for Blackstone Growth and Tac Opps

Global buyout giant Blackstone has hired Ramzi Ramsey and Mike Kirkman as managing directors to work across the firm’s Blackstone Growth and Tactical Opportunities businesses. The post Blackstone hires two new MD for Blackstone Growth

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

Prominent pastoralist joins Arbitrium Capital Partners

Opalesque Industry Update - The opportunistic credit, distressed debt and special situations fund chaired by Ray Horsburgh, AM, has appointed well known pastoralist and savvy investor Paddy Handbury to its Advisory Board. Ray Horsburgh, AM,

Brandywine Global acquires Diamond Hill's high yield-focused funds and adds portfolio management team

Opalesque Industry Update - Brandywine Global Investment Management, LLC, a specialist investment manager and subsidiary of Franklin Resources, Inc. has completed its acquisition of the business of Diamond Hill's high yield-focused U.S. corporate credit mutual

Angel / Venture
La Liga's commercial venture with CVC opposed by Real Madrid – report

La Liga's commercial venture with CVC opposed by Real Madrid – report

La Liga's proposed formation of a new commercial venture with CVC Capital Partners is opposed by the Spanish football club Real Madrid, according to a Financial Times report.

Manufacturing and Industrial
Pamplona to acquire Pelsis from LDC

Pamplona to acquire Pelsis from LDC

Pamplona Capital Management has agreed to buy Pelsis, a UK manufacturer and distributor of pest control products, from LDC.

Banking Profiles
Bain-led consortium enters discussions for Rolls-Royce's ITP unit

Bain-led consortium enters discussions for Rolls-Royce's ITP unit

Rolls-Royce has entered exclusive negotiations with Bain Capital on a takeover of its Spanish subsidiary ITP Aero, the British aerospace firm confirmed in a statement.

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.