KKR & Co. Inc. Reports First Quarter 2020 Results

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE:KKR) today reported its first quarter 2020 results, which have been posted to the Investor Center section of KKR’s website at http://ir.kkr.com/kkr_ir/kkr_events.cfm. This press release features multimedia. View

Despite Headwinds, Packaging Industry Faces Pockets of Growth

A recent survey by L.E.K. Consulting, conducted just before the economic dimension of the COVID-19 pandemic took hold, shows that nearly 50% of consumer packaged goods (CPG) brand owners expect to boost their spending on

Keystone Builds In Facilities Services

Keystone Capital has added a new CEO to its facilities services platform, Jobs Building Services, and has announced the add-on acquisition of April Building Services (ABS). Keystone acquired JOBS in June 2019 and closed the

Initiative & Finance hires PAI’s Oliveau to support new fund’s portfolio companies

François-Xavier Oliveau will be responsible for providing operational support to portfolio companies

SEC warns LPs to beware PE firms mismanaging fees, violating ethical code in wide-ranging Risk Alert

LPs have been warned by the US SEC to beware of private equity firms mismanaging fees, failing to disclose conflicts of interest and violating its Code of Ethics in a wide-ranging Risk Alert.

Bain Capital triumphs over PE competitors in bid to buy coronavirus-stricken Virgin Australia

The battle to buy coroanvirus-stricken airline Virgin Australia is over after Bain Capital won the bidding war to buy the business.

Tiin Capital’s Cloud Security Group acquires Felton

Cloud Security Group, a portfolio company of Tiin Capital, has acquired Netherlands-based IT, cloud and security service Felton as part of its buy-and-build strategy in the cloud security services sector.

SEP-backed Dotmatics acquires BioBright

Scottish Equity Partners (SEP) portfolio company Dotmatics has acquired BioBright.

Aisling Capital rounds up more than $144m towards latest flagship life science fundraise

Life sciences-focused private equity house Aisling Capital has raised more than $144m towards its latest flagship fundraise.

Bain Capital agrees to buy Virgin Australia

US private equity firm said it would recapitalise the carrier so it can survive until demand returns

Carlyle said to reap 7x return selling Eggplant in $330m deal

Carlyle has reportedly made a 7x return selling digital test automation and monitoring software business Eggplant to trade buyer Keysight.

Carlyle exits Eggplant for $330m

The Carlyle Group has sold software company Eggplant to Keysight Technologies for $330m.

IVP leads $40m series-A for Hopin

IVP has led a $40m series-A for virtual events provider Hopin.

US senator Warren demands PE lobbying records on pandemic relief funds

The Democrat politician wants the buyout industry’s largest trade group to disclose communications with the White House and Treasury Department

California pension plan to increase private equity investment

The US pension manager plans to invest more capital and add more managers to its private equity portfolio

Carlyle scores 7x return on sale of UK software provider

The firm has exited its investment in tech company Eggplant to rival Keysight Technologies for $330m

Omnes, Principia, Seventure in €46.3m series-E for Enterome

Venture capital houses Omnes Capital, Principia and Seventure, alongside Nestlé Health Science, have invested in a €46.3m series-E round for French biotech company Enterome.

Cimbria wholly acquires Danish software company APX10

Cimbria Nord, the Nordic arm of US-based PE investment firm Cimbria Capital, has acquired APX10, a Danish SaaS company focused on wastewater utilities.

Partech, Breega in €10m seed round for Ubble

Partech and Breega have completed a €10m seed funding round for Ubble, a Paris-based developer of identity verification software.

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