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Apollo to take Tenneco private for $7.1bn including debt, huge premium to share price

Apollo Global has sealed a take-private deal for Tenneco in a deal which values the vehicle parts maker at $7.1bn including debt. The post Apollo to take Tenneco private for $7.1bn including debt, huge premium

After two scrapped IPOs, Bain Capital finally agrees Parts Holding Europe exit after seven-year hold

Bain Capital has finally agreed to exit French vehicle parts distributor Parts Holding Europe after two scrapped IPOs in the past four years. The post After two scrapped IPOs, Bain Capital finally agrees Parts Holding

Riverside reaps REPA rewards with sale to Berkshire Partners portfolio business PT Holdings

The Riverside Company has exited professional foodservice spare parts specialist REPA to Berkshire Partners portfolio business PT Holdings. The post Riverside reaps REPA rewards with sale to Berkshire Partners portfolio business PT Holdings first appeared

Pacific Equity Partners seals quick exit of AutoPacific in A$744m trade sale

Pacific Equity Partners has agreed a rapid sale of Australian vehicle parts maker AutoPacific in an A$744m deal, just two years after buying into the business. The post Pacific Equity Partners seals quick exit of

Vance Street seals fourth Fund III deal with McFarlane Aviation buyout

Vance Street Capital has bought aftermarket aviation parts supplier McFarlane Aviation as the fourth deal from its third fund. The post Vance Street seals fourth Fund III deal with McFarlane Aviation buyout first appeared on

KPS Capital agrees $2.1bn Garrett Motion ‘stalking horse’ bid following bankrupty filing

Private equity house KPS Capital Partners has agreed a $2.1bn 'stalking horse' buyout US vehicle parts business Garrett Motion after the company filed for bankruptcy protection.

Baird Capital buys into growing aircraft parts recycling specialist eCube

UK private equity investor Baird Capital has picked up a stake in aircraft parts storage, disassembly and recycling specialist eCube.

Novacap buys into online motorcycle powersports equipment, clothing seller FortNine

Canadian private equity house Novacap has bought a stake in motorbike, ATV and snowmobile online gear, parts and accessories seller platform FortNine.

Private equity giants said to circle Rolls Royce’s Spanish aerospace parts unit, deal could hit £1bn – report

Private equity giant KKR, Carlyle and Blackstone are reportedly circling Rolls Royce's £1bn Spanish business ITP Aero.

Neuberger Berman agrees to buy over $275m of Dignifi assets as company seals Series A round

DigniFi, a AI-powered platform which connects consumers with lenders for auto parts, repairs and services, has signed a deal with Neuberger Berman Private Equity to purchase over $275m of assets.

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