Sparton Corporation, a portfolio company of Cerberus Capital since March 2019, has agreed to sell its contract manufacturing unit, Manufacturing & Design Services (MDS), to One Equity Partners. MDS engineers, designs, and manufactures electronic and
The pandemic has ushered in an era in which public policy will play a larger economic role than seemed imaginable just a few months ago
The Democrat politician wants the buyout industry’s largest trade group to disclose communications with the White House and Treasury Department
Flightdocs, a portfolio company of Argentum, has been sold to Aircraft Technical Publishers (ATP), a portfolio company of ParkerGale Capital. As part of this transaction, Accel-KKR has made a minority equity investment in ATP and
Grant Thornton has named Carlos Ferreira as its national managing partner for private equity beginning on August 1, 2020. Mr. Ferreira retains his position as the global co-leader for transaction advisory services at Grant Thornton.
The deal is one of the largest private investment in public equity (PIPE) deals carried out in Europe recently
Ontario Teachers’ Pension Plan Board has named Karen Frank as its new senior managing director of equities. Beginning in Fall 2020, Ms. Frank will lead the group’s equities department and will report to Chief Investment
C-P Flexible Packaging, a portfolio company of First Atlantic Capital since February 2013, has acquired Genpak Flexible from The Jim Pattison Group. Genpak Flexible’s products include die-cut rollstock and pouches, as well as paper-based laminations
‘Blank-cheque’ companies are set for a record year in 2020, with a surge in IPOs
Opalesque Industry Update - The European Fund and Asset Management Association (EFAMA), has today published its latest International Statistical Release describing the trends in worldwide investment fund industry in the first quarter of 2020. Worldwide
Trive Capital has agreed to acquire publicly traded Seven Aces, a gaming company and route operator. Seven Aces (TSXV: ACES), through its subsidiary Lucky Bucks, is a coin-operated amusement machine route operator. Lucky Bucks’ machines
FTV has closed its sixth and largest fund to date, FTV VI LP, at its hard cap of $1.2 billion. The firm’s earlier fund closed in September 2016 at its hard cap of $850 million.
Private equity fund IG4 Capital has signed a deal with Brazil’s CGG Trading and its creditors to acquire CLI. The company owns one of the largest grain terminals in the country, in the northern port
The vehicle, focused on Northern Europe, is set to be larger than its predecessor, which closed in 2018 at €4.3bn
Bullpen Capital is looking to raise $150m in its fifth venture capital fund, which will make it a little larger than its predecessor.
Private equity firm HQ Capital has just announced the raise of its largest fund ever in its three decade-long history. The global alternative investment firm of the Germany based HQ Group has announced the final
Fulcrum Capital Partners has made an investment in Belvika Trade & Packaging, a provider of outsourced packaging services. Belvika provides primary packaging, secondary packaging, and merchandising services primarily to consumer packaged goods companies operating in
The fund of funds, which surpassed its target of $600m, is set to invest in Asia, Europe, and the US
Bridgepoint Advisers is going to buy rival private equity firm EQT Partners’ credit arm EQT Credit for an undisclosed sum. The acquisition will be combined with Bridgepoint’s existing credit business, with the enlarged group having
