H&F, BlackRock, GIC invest in Belron at EUR 21bn EV
Hellman & Friedman (H&F), BlackRock and GIC are to acquire a 13% stake in vehicle glass repair and replacement firm Belron in a deal that gives the company an enterprise value of EUR 21bn and
Hellman & Friedman (H&F), BlackRock and GIC are to acquire a 13% stake in vehicle glass repair and replacement firm Belron in a deal that gives the company an enterprise value of EUR 21bn and
Triton is to sell its stake in Sweden-based building maintenance business Polygon to AEA Investors, netting returns of 5.3x invested capital.
Netherlands-headquartered Kempen Capital Management has announced the launch of its second private equity fund, Kempen European Private Equity Fund II, with a EUR 200m target.
Newly established Eka Ventures has held a final close on GBP 68m for its inaugural early-stage impact fund focused on the UK.
Deal values the maker of financial-reporting software at around $4bn
Newly launched private equity house Pitalia Capital will deploy a GBP 50m fund to back small to medium-sized businesses across the UK.
Bidders for UK-based grocer WM Morrison could find it difficult to justify a much higher offer than the 254 pence per share offer tabled by Softbank subsidiary Fortress, two sources familiar with the situation said.
Having a vague power to block listings on national security grounds won’t instil faith in the UK’s markets
Heart rates were analysed of senior execs at asset managers, investment banks, insurance companies and private equity firms.
While buyout activity fell more sharply in the UK compared to other European markets in Q2, dealflow remained very strong by historical standards, Unquote Data shows.
He attracted billionaires and governments to his funds by promising to make money from investments that would benefit society. Prosecutors allege he committed fraud, stealing from those he wooed
Ufenau Capital Partners has sold its stake in Swiss IT Security (SITS) in a secondary buyout to Triton, netting more than 12x money on the exit and an IRR of more than 150%.
17Capital has announced it has raised USD 4.5bn across its preferred equity financing strategies, including a final close for 17Capital Fund 5 on USD 2.9bn.
Michael T Pilson and Marc Fitorre have joined placement agent Triago as partner and principal, respectively.
Firms attract $5.3bn in investment so far compared with the previous record in 2018 of $4.8bn across the whole year
In addition to the strong total level of capital raised, the number of fund closings, at 1,102, was the highest of any first half since 2018
SoftBank Group is leading an investment in AnyVision Interactive Technologies that values the facial-recognition company at over $1bn
A bidding war is brewing for Britain’s fourth-largest food retailer WM Morrison
In the week ending July 9th 2021, a report said that amid double-digit returns and increasing assets under management, hedge fund managers have grown even more optimistic about their business prospects over the next 12
Russian IPOs have long been beset by the political turmoil that surrounds their country’s relationship with the US. Many a deal has been sunk by US-Russia tension, particularly when sanctions are imposed by the former.
