CVC continues its fundraising fever with second CLO fund close in a month
CVC Credit Partners is not slowing down despite the market situation, having closed yet another fund in just a month.
CVC Credit Partners is not slowing down despite the market situation, having closed yet another fund in just a month.
Continental Batteries, a portfolio company of Incline Equity Partners, has acquired Battery Joe and Battery Solutions. Continental’s aftermarket batteries are distributed to the automotive, commercial, golf, marine and industrial markets. The company provides on-premise delivery
Giraffe Foods, a portfolio company of Graham Partners since December 2018, has acquired Lounsbury Foods. Toronto-based Lounsbury is a family-owned and operated manufacturer of horseradish (prepared, extra hot, mild sauce, and beet “red” horseradish), seafood
The overall rebound in public equity markets and the overweight exposure to more resilient sub-sectors helped improve the funds' valuations, Apax Global Alpha said in a stock exchange announcement
Swanlaab Venture Factory has led a $10m funding round for digital content specialist Odilo.
Apax has announced its valuations for Apax VIII and Apax IX as of 30 June 2020.
AddVenture and Target Global have led a $4.5m series-B funding round for BestDoctor, a Russian digital company providing medical insurance.
Bankrupt US dairy company Borden has been bought by KKR and Capitol Peak Partners in a $340m asset purchase.
Consumer-focused early-stage investment house Forerunner Ventures has pulled in $500m for its latest fundraise in a rapid fundraise launched and completed amid the coronavirus crisis.
InsurTech business Hippo has cemented its place in the coveted unicorn club by raising a $150m round at a $1.5bn valuation.
US buyout house JF Lehman & Company has soared to a $1.35bn hard cap final close for its fifth flagship private equity fund, well above its $1bn target.
European tech investor One Peak has closed its new fund on an increased hard cap of €443m amid strong demand from LPs.
GHK Capital Partners has acquired Hasa, a producer and distributor of water treatment chemicals, from Peak Rock Capital. Hasa’s products are used to sanitize and maintain water systems, including swimming pools, water tanks and containment
Guardian Capital Partners has held an oversubscribed, hard cap, and final close of its third fund, Guardian Capital Partners Fund III LP, with $282 million in capital commitments. Guardian Capital makes control investments in lower
Talde Private Equity and Oquendo Capital have sold Rotecna, a Spanish manufacturer of machinery for the pig farming industry, to Solix-backed Skiold Group.
Aurelius is to acquire a 65.62% stake in Germany-based digital and online marketing business DetailM, according to a filing with the Austrian competition authority.
The $21bn-managing Los Angeles Fire and Police Pensions has picked Silver Lake Partners and Summit Partners for its two most recent private equity and venture capital commitments.
KKR has raised a smaller sophomore fund in its real estate credit strategy, pulling in $950m for the final close of the vehicle.
Distressed debt investing, long neglected by investors, is showing signs it could thrive under the pandemic
Veteran former NEA general partner Kittu Kolluri is back with his second Neotribe Ventures fund, which has hit $216m for its final close.
