Morrison bid sparks M&A trolley dash
With private equity-backed mergers and acquisitions hitting record levels in Europe, bankers have their tails up as they jostle for the most lucrative fee opportunities, writes David Rothnie.
With private equity-backed mergers and acquisitions hitting record levels in Europe, bankers have their tails up as they jostle for the most lucrative fee opportunities, writes David Rothnie.
Trade sale generates return of 4.5 times Graphite’s investment
Secondary firm Pomona Capital led a preferred equity investment that will provide the Italian private-equity firm with capital to continue supporting four companies it owns
UK buyout house Graphite Capital has scored a 4.5x return in its second successful sale of car refinishing product manufacturer U-POL. The post Graphite Capital to exit U-POL for a second time at 4.5x return first
Shamrock Capital has followed last month's $1bn raise for a new buyout and growth vehicle with the final close of its debut debt opportunities fund. The post Shamrock Capital follows last month’s $1bn fundraise by
Stirling Square Capital Partners has acquired Spain-based agricultural biostimulants producer Sustainable Agro Solutions (SAS).
The already intensely heated pharmaceutical and medical investment market has grown even more competitive over the past year thanks to rising interest amid the Covid-19 pandemic. Consolidation within the market has also seen the bar
Graphite Capital has sold its stake in automotive repair and refinishing products business U-Pol to US-based Axalta Coating Systems, marking the second time the GP has invested in and exited the company.
Dyal Capital Partners has agreed to buy a 5% stake in the Phoenix Suns NBA team to value it at $1.55bn. The post Dyal buys into Phoenix Suns at $1.55bn valuation as team begins first
Private equity house Towerbrook is set to acquire French online office supplies retailer Bruneau from Equistone, according to a local press report.
Washington DC-based private equity house Acon Investments has revealed its exit of Conexão Group and buyout of Formación Alcalá on the same day. The post Acon Investments seals two deals in a day, including Conexão
France saw an unprecedented amount of buyout dealflow in the first half of 2021, with aggregate value in particular setting a clear record, according to Unquote Data.
Private equity major New Mountain Capital has bought into Wind Point Partners' specialist chemicals provider Ascensus Specialties after double-digit organic growth. Former majority shareholder Wind Point will reinvest in the company through a special purpose
Eurazeo has entered exclusive negotiations with French infrastructure investor InfraVia for the sale of its 41% stake in Grandir, an operator of nurseries and schools.
The $420bn-managing investment giant StepStone Group has bought venture capital major Greenspring Associates in a deal worth up to $800m. The post Investment giant StepStone buys VC major Greenspring Associates, deal could reach $800m first
Investment giant BlackRock has picked up more than $250m for the first close of a new fund focused on investing in climate infrastructure across emerging markets. The post BlackRock’s $500m-targeting climate infra fund attracts big
Private equity veteran Brentwood Associates has sealed a growth investment in diet programme and nutrition bar provider L-Nutra. The post Buyout veteran Brentwood Associates backs nutrition bar, diet plan specialist L-Nutra first appeared on AltAssets
Commerzbank has tapped Jack Jiang as head of capital markets and advisory for Asia.
Chinese securities house Shenwan Hongyuan Securities bagged $500m from its five year bond sale on Wednesday.
Chinese toll road operator Zhejiang Expressway has sold its inaugural dollar bond, raising $470m.
