Private equity-backed insurance software company Vertafore is in the sights of other buyout houses and rival Roper Technologies in what could end up as a $5.5bn buyout.
Global private equity giant Blackstone is reportedly near a $1.7bn buyout of Indian property developer Prestige Group's rental income assets in what is said to be the largest real estate portfolio buyout in the country
Private equity house Thoma Bravo has upped its previously agreed deal for cloud insurance software provider Majesco to $729m amid rival interest from a new suitor.
In the week ending August 7th 2020, Bill Ackman's Pershing Square Holdings reported that its portfolio made money in July, boosting his monthly performance to 4.6 percent. Pershing Square Holdings is now up 34.8 percent
Real estate-focused software company Ming Yuan Cloud Group Holdings has kicked off pre-deal investor education for its Hong Kong listing, according to a senior source close to the transaction.
In the week ending August 7th 2020, Bill Ackman's Pershing Square Holdings reported that its portfolio made money in July, boosting his monthly performance to 4.6 percent. Pershing Square Holdings is now up 34.8 percent
TruFood Manufacturing, a portfolio company of AUA Private Equity since June 2019, has acquired Simply Natural Foods. Simply Natural is a co-manufacturer of confection products including sugarfree, organic, and kosher functional bars (products that include
PolyVision, a portfolio company of Industrial Opportunity Partners (IOP), has acquired Marsh Industries, a manufacturer of visual display boards. IOP acquired PolyVision in February 2020 from publicly traded Steelcase. Marsh Industries is a maker of
Blackstone has agreed to acquire Ancestry from Silver Lake, GIC, Spectrum, and Permira at an enterprise value of $4.7 billion. The buy of Ancestry is the first control acquisition for Blackstone Capital Partners VIII LP
River Associates Investments has acquired Yale Cordage in partnership with the company’s management team. Yale Cordage is a designer and manufacturer of synthetic rope and rope systems used in critical, high cost-of-failure applications. Specific uses
Astorg has agreed to sell manufacturing tools and consumables business Surfaces Group to fellow buyout house TA Associates.
Intermediate Capital Group (ICG) has launched a second recovery fund, ICG Recovery Fund II, to invest in companies hit by the coronavirus crisis.
Dieter von Holtzbrinck Ventures (DvH Ventures) has announced the launch of its first Digital Health fund, which has held a first close on €60m.
Marlin Equity Partners has backed software development and digital services firm Pentalog.
All4Labels, a portfolio company of Triton, has acquired Italy-based GPS Label and its subsidiary Rotomet.
Partners Group portfolio company Civica has acquired healthcare software developer InfoFlex.
Synova Capital portfolio company Fairstone has acquired financial advisory firm Chiltern House.
Private equity firms remain bullish on their portfolio investments despite the widespread chaos caused by the coronavirus crisis, new research suggests.
ECI Partners portfolio company Arkessa has acquired connectivity business Sim Services.
