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Category: Software and Hi-Tech

BGF sells Renal Services

BGF has sold dialysis services provider Renal Services to healthcare group DaVita UK.

Thoma Bravo said to ride Covid’s digital payments rise with MeridianLink IPO

US private equity major Thoma Bravo is reportedly prepping an IPO of financial services software business MeridianLink which could value the company at more than $3bn including debt.

CVC seals $1.52bn buyout of low-cost skincare, shampoo brands from Japan’s Shiseido

CVC Capital Partners has agreed a JPY160bn ($1.52bn) buyout of a suite of skincare and shampoo brands from Japanese cosmetics business Shiseido.

Global IPO proceeds hit $268bn in 2020, highest value since 2010

Opalesque Industry Update - The initial public offering (IPO) market performance in 2020 defied all expectations, demonstrating the resilience of equity and capital markets. The year saw a total of 1,363 IPOs receiving $268.0 billion.

Carlyle turns profit as the market lifts its investments

The firm's assets under management were about $246bn as of 31 December, up about 10% for the year

Elaia leads €15m series-B for Holded

Elaia has led a €15m series-B for Barcelona-based management software provider Holded.

Wealth managers planning increased PE, RE allocations in wake of Covid markets volatililty, hedge funds set to suffer

Wealth advisors are eyeing an increase of their allocation to alternative assets in the coming year following the huge market volatility of 2020, new research suggests.

Charlesbank Capital races to more than $4.5bn close across Fund X, companion vehicle

A storming fundraise has seen long-standing private equity house Charlesbank Capital Partners strike a $3.75bn hard cap close for its tenth fund after less than six months in the market.

GHO Capital appoints two operating partners

David Miller and Geoffrey Hamilton-Fairley will support deal origination as well as the firm's portfolio companies

Endicott Group closes debut data, analytics-focused private equity fund on $142m

New York investment firm Endicott Group has sealed a $142m final close for its debut private equity fund focused on the information services sector.

Africa foodchain investor Phatisa scores big DFI, impact investor backing to close $143m fund

CDC Group has led a string of development finance institutions and impact investors to help Phatisa Food Fund 2 reach a $143m final close.

Nordic Capital acquires, merges Sambla and Advisa

Nordic Capital has acquired and merged Sweden-based personal finance platforms Sambla and Advisa.

GHO appoints Miller, Hamilton-Fairley as operating partners

Global Healthcare Opportunities (GHO) has appointed David W Miller and Geoffrey Hamilton-Fairley as operating partners.

KPMG considers cutting office space as part of WFH plans

KPMG staff will split their time between home and the office on a permanent basis

Genesis Capital hits hard cap close for debut Czech Republic, Slovakia-focused growth fund

Central Europe-focused Genesis Capital has struck a hard cap close for its debut growth fund, which will look to expand out promising Czech Republic and Slovakian businesses.

Foresight Group shares rise in stock market debut

The infrastructure and private equity investment manager has assets under management of £6.8bn

Roundtable: Asia high yield bonds poised for revival

GlobalCapital and HSBC hosted a virtual roundtable in mid-January to discuss the blowout start to high yield bond issuance in 2021. Leading market experts highlighted how Asia’s debt markets have shifted — and how borrowers

Barclays launches long-awaited Asda package

Left lead Barclays has launched the first part of the buyout debt to fund the Issa brothers and TDR Capital’s takeover of UK supermarket chain Asda, an €840m loan. The bulk of the £3.5bn debt

argenx sells $1bn of stock

Dutch biotech firm argenx has tapped equity investors for $1bn (€830.3m) to finance research and development.

Fossil-heavy corporate borrowers strive to avoid becoming the new tobacco

Companies with high carbon emissions are preparing for the risk that they could have to pay more to access capital markets, if investors and banks retreat from fossil fuel-heavy businesses, and even divest altogether —

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