Thoma Bravo has agreed to acquire publicly traded QAD, a provider of cloud-based software used in manufacturing and supply chain applications, in an all-cash transaction with an equity value of approximately $2 billion. QAD’s products
Apollo has completed its acquisition of 51% of publicly traded ABC Technologies for C$277 million or C$10 per share. ABC (TSX: ABCT) is a manufacturer and supplier of thermoplastic, custom compounds, and engineered lightweight plastics
Audax Private Equity has acquired S.J. Electro Systems (SJE), a manufacturer of controls used in the water and wastewater industry. S.J. Electro’s products – sold under the CSI Controls, Primex, and SJE Rhombus brands –
Private equity giant Blackstone has agreed to make a significant equity investment in programmatic advertising and agency management software Simpli.fi in a deal that values the company at $1.5bn. The post Blackstone to join GTCR
Opalesque Industry Update - In a move expected to provide long-term leadership continuity for its multi-asset investment group, Putnam Investments today announced that Brett S. Goldstein has been named Co-Chief Investment Officer, Global Asset Allocation
Opalesque Industry Update - Private equity holdings by the U.S. insurance industry grew by 14.8% in 2020, with the life/annuity insurance industry seeing its highest value in five years, at $71.7 billion, according to a
Opalesque Industry Update - Accountancy firm Moore Cayman which specialises in providing audit services to investment funds and the digital asset industry including nearly 200 cryptocurrency-focused funds, has launched the first verification service for its
Angeles Equity Partners has bought hospital housekeeping services provider Xanitos. The post Angeles Equity buys hospital housekeeping services specialist Xanitos first appeared on AltAssets Private Equity News.
Private equity firm Altor has signed an agreement to acquire a majority stake in Palette Software from Monterro, the founders and management.
UK-headquartered mid-market private equity firm Bridgepoint has announced its potential intention to list on the London Stock Exchange.
UK private equity house Livingbridge has agreed a majority investment in call and contact centre data security and compliance specialist Semafone. The post Livingbridge aims to tap into $150bn info security, risk market with Semafone
Phoenix Equity Partners has signed an agreement to sell its majority stake in portfolio company Rayner Surgical Group to CVC Capital Partners.
Buyout giant Blackstone has finally agreed to exit its long-held portfolio business Exeter Finance to an investor group led by fellow private equity major Warburg Pincus. The post Blackstone to sell long-held Exeter Finance to
Mid-market UK buyout house Phoenix Equity Partners is set for a 4.3x return selling Rayner Surgical to fellow PE house CVC Capital after trebling its EBITDA, AltAssets understands. The post Phoenix Equity bags 4.3x return
Private equity placement agent Rede Partners has celebrated its tenth anniversary with a trio of partner promotions. Alexandra Bazarewski, pictured, Magnus Goodlad and Bruce Weir will strengthen the firm’s presence in the US market and
EQT has tapped its recently-closed €15.6bn Fund IX to agree a buyout of workforce management business PRO Unlimited Global Solutions from Harvest Partners. The post EQT’s €15.6bn Fund IX to be more than half invested
Phoenix Equity Partners is set for a better-than 5x return after agreeing to sell its stake in Sygnature Discovery to Rothschild & Co's private equity arm, AltAssets understands. The post Phoenix Equity to seal better-than
Phoenix Equity Partners has confirmed it has sold Sygnature Discovery, a UK-based drug discovery firm, to Five Arrows Principal Investments.
Private equity advisory firm Rede Partners has promoted Alexandra Bazarewski, Magnus Goodlad and Bruce Weir to the role of partner.
Britain is now ‘ideal territory’ for activist investors, with the pent-up demand for change that has been dormant for the past year finally starting to be unleashed
