News

01/2019 23

Advent extends payments reach to Argentina with Prisma deal at $1.42bn valuation

AltAssets

Global buyout house Advent International has bought a 51 per cent stake in Argentinian payments business Prisma Medios de Pago in a deal valuing the company at about $1.42bn.

Full article   

12/2018 10

Cerberus buys 70% stake in military vehicle maker Navistar Defense

AltAssets

December 4, 2018 

Cerberus Capital Management has agreed to buy a 70 per cent stake in military vehicle maker Navistar Defense from its listed parent company Navistar International.

Full article   

12/2018 10

KKR buys into luxury Asian lifestyle brand business V3 at S$1.7bn valuation

AltAssets

December 4, 2018 

Global private equity giant KKR has agreed to invest up to S$500m ($367m) for a stake in Asian luxury lifestyle…

Full article   

12/2018 10

IPO on the cards for Blackstone’s Alight Solutions, could value it at $7bn

AltAssets

December 6, 2018 

Private equity major Blackstone is reportedly preparing an initial public offering for its healthcare and retirement…

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12/2018 10

KKR leads $100m funding round for FinTech-focused Cross River Bank

AltAssets

December 7, 2018 

KKR has led a $100m funding round in FinTech-focused Cross River Bank…

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12/2018 03

Private equity-backed Permian Basin pipeline operator could sell for more than $2bn

AltAssets

November 28, 2018 

A US oil and gas pipeline operator founded two years ago by a pair of private equity firms is reportedly exploring…

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12/2018 03

InsurTech startup Bright Health hits $950m valuation through VC-backed Series C

AltAssets

December 3, 2018 

Insurance technology developer Bright Health has reportedly hit a $950m valuation after picking up significant backing…

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11/2018 29

Palatine Private Equity picks up infra, property assurance provider CET UK

AltAssets

November 26, 2018 

Palatine Private Equity has completed the secondary buyout of infra and property assurance services provider CET UK.

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11/2018 29

VC firms back business offering loans to international students eyeing US university places

AltAssets

November 28, 2018 

A wave of venture capital investors have backed a $110m financing round for MPOWER Financing

Full article   

11/2018 29

Advent joins bidding for France’s L’Occitane

AltAssets

November 28, 2018 

Advent International has reportedly joined other private equity firms to make a bid for French cosmetics retailer…

Full article   

11/2018 29

Blackstone ends 11-year DJO Global hold with $3.15bn sale to Colfax Corp

AltAssets

November 20, 2018 

Blackstone has finally sealed an exit of orthopaedic medical device business DJO Global after more than a decade in its portfolio, through a $3.15bn trade sale.

Full article   

11/2018 29

Blackstone, Amazon said to battle New York Yankees for Disney sport channels

AltAssets

November 21, 2018 

Blackstone has been named as potentially the only private equity bidder in Disney’s divestment of more than 20…

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11/2018 19

Montagu PE agrees Kodak Flexographic Packaging Division carveout for up to $390m

AltAssets

November 13, 2018 

Montagu Private Equity has agreed to pay up to $390m to carve out Kodak’s Flexographic Packaging Division.

Full article   

11/2018 19

Permira picks up Asian aquatic feed business, Grobest Group

AltAssets

November 14, 2018 

Permira has agreed to buy a 50 per cent stake in Asian aquatic feed producer Grobest Group…

Full article   

11/2018 19

Advent, Apollo, SK Capital make second round for Evonik unit auction

AltAssets

November 14, 2018 

Advent International, Apollo Global Management and SK Capital Partners have joined a consortium of Triton and Rhone …

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11/2018 19

Blackstone, KKR among PE posse linked with Zayo Group buyout

AltAssets

November 19, 2018 

Blackstone, KKR and Stonepeak Partners are reportedly among private equity players lining up for potential bids …

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11/2018 07

Riverside picks up professional safety gear, equipment maker SureWerx

AltAssets

November 5, 2018 

Global PE house The Riverside Company has bought professional workplace safety products….

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11/2018 07

Blackstone said to eye $2bn sale of Gulf of Mexico oil exploration JV

AltAssets

November 7, 2018 

Alternative assets giant Blackstone is reportedly prepping for a sale of its Gulf of Mexico oil exploration….

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11/2018 07

General Electric continues divestment push, could sell commercial lighting unit to PE house

AltAssets

November 7, 2018 

US-headquartered multinational conglomerate General Electric is reportedly in talks to sell its commercial lighting….

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11/2018 07

Permira completes carve-out of Cisco video software business six years after selling company

AltAssets

October 29, 2018 

Global buyout house Permira’s latest portfolio company is open for business after the firm completed the acquisition of Cisco’s Service Provider Video Software Solutions group.

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11/2018 07

KKR ups offer for MYOB takeover

AltAssets

November 2, 2018 

KKR has marked up its takeover offer for MYOB Group by about 2 per cent to A$3.77….

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10/2018 29

Altus Capital continues Fund III deployment with ChoiceSpin buyout

AltAssets

November 21, 2018 

Connecticut-based Altus Capital Partners has bought spinal implants manufacturer ChoiceSpin

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10/2018 29

Private equity firms circle ConvergeOne for potential buyout

AltAssets

October 26, 2018 

ConvergeOne Holdings is reportedly exploring its sale after receiving interest from a number private equity firms,…

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10/2018 24

Blackstone on brink of buying American Securities’ Ulterra after just two years in its portfolio – report

AltAssets

October 22, 2018 

Buyout giant Blackstone could be about to provide a quick exit for American Securities through a $700m deal for its oil and gas industry drill bit maker Ulterra Drilling Technologies.

Full article   

10/2018 24

KKR creates global car parts major with €6.2bn deal to add Magneti Marelli to Calsonic Kansei

AltAssets

October 22, 2018 

KKR-backed Japanese car parts maker Calsonic Kansei has agreed a €6.2bn deal for Magneti Marelli…

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10/2018 15

KKR buys Norwest Equity Partners portfolio business Minnesota Rubber and Plastics

AltAssets

Global private equity major KKR has bought Norwest Equity Partners portfolio business Minnesota Rubber and Plastics.

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10/2018 09

Mid Europa sells off Poland’s PKL

Mid Europa Partners has agreed to exit the holding company for Polskie Koleje Linowe in a sale to the Polish Development Bank.

Full article

10/2018 08

KKR collects about $209m exiting Vietnam’s Masan Group

Global investor KKR has raised around $209m from the sale of shares in Vietnamese conglomerate Masan Group Cor ....

10/2018 08

Riverside reaps Asia-Pacific investment rewards with fourth exit in 12 months

The Riverside Company has continued its flurry of Asia-Pacific exits over the past 12 months by selling Global Orthopaed ....

10/2018 08

Blackstone buys investment firm Clarus to launch new life sciences investing platform

Blackstone has agreed a $2.6bn deal for global investment firm Clarus to launch the buyout giant’s new life ....

10/2018 08

KKR attempts $1.24bn MYOB takeover, Bain Capital reduces stake

Global buyout house KKR has launched an A$1.75bn ($1.24bn) takeover bid for Australian bookkeeping software business ....

Full article

10/2018 04

EBRD, PE pair back biggest Moldovan bank in wake of country’s $1bn banking fraud scandal

A pair of private equity firms have teamed with the European Bank for Reconstruction and Development to buy a ....

10/2018 04

Advent completes €1.9bn Zentiva buyout from French pharma giant Sanofi

Advent International has completed a €1.9bn buyout of the European generic drug business of pharma giant Sanofi.

10/2018 04

Abris to sell Urgent Cargus to Mid Europa

Abris Capital Partners has exited Urgent Cargus in a sale to Mid Europa Partners.

09/2018 24

Blackstone-backed Versace’s potential sale ‘imminent’

Blackstone backed-Italian fashion house Versace may announce the sale of the business “within hours”,  according ...

09/2018 24

Blackstone closes in on New Mountain Capital stake

Asset manager investment arm of Blackstone is reportedly near the close of a deal for a minority investment in New Moun...

09/2018 24

Blackstone said to be sole all-cash bidder for Indian home finance major PNB

Global buyout giant Blackstone has emerged as the sole bidder making an all-cash offer to take India’s PNB...

09/2018 24

Warburg provides up to $500m equity line to latest Tall City oil, gas exploration venture

Warburg Pincus has provided a $500m line of equity financing to oil and gas exploration business Tall City Exploration III.

09/2018 17

KKR attempts $1.24bn MYOB takeover, Bain Capital reduces stake

altassets.net

Global investor KKR has raised around $209m from the sale of shares in Vietnamese conglomerate Masan Group Corp, AltAssets understands.

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09/2018 17

Blackstone buys stake in Luminor from DNB and Nordea in $1.2bn deal

Global buyout major Blackstone has bought a 60 per cent stake in Baltic bank Luminor from Nordea and DNB in a $1.2bn...

09/2018 11

Apollo, Bain Capital buyout interest boosts RPC market cap to £3.35bn

Bain Capital and Apollo Global are both in talks with plastic packaging major RPC Group, a situation which has boosted the business’ share price

Full article

09/2018 11

Blackstone battle for Investa Office Fund sees A$3.3bn offer set for shareholder vote

Blackstone’s increased A$3.3bn offer for Australia’s Investa Office Fund will be voted on by shareholders in...

09/2018 04

Companies in Central and Eastern Europe received 3.5 billion euros in investment last year

28 August 2018, Trade Magazin Online Companies in Central and Eastern Europe (KKE) received a record 3.5 billion euros worth of investments in 2017, which is a 113 percent increase, compared to the previous year and a 40 percent increase compared to the previous peak in 2008 – the European Venture Capital Association, Invest Europe’s latest annual report on Central and Eastern Europe in 2017 revealed. Full article

09/2018 04

Investcorp Technology’s Fund IV picks up Softgarden

3 September 2018, AltAssets Investcorp Technology Partners has made the fourth deal from its fourth tech fund through the buyout of HR software... Full article

09/2018 04

Bregal Investments, KKR exit long-held Cognita

3 September 2018, AltAssets Bregal Investments and KKR have agreed to sell global education business Cognita to Jacobs Holding. Full article

08/2018 28

Blackstone hires help for potential $1bn Exeter Finance exit

23 August 2018, AltAssets Blackstone Group has reportedly hired investment banks to look in to a sale or IPO for its long-held portfolio business.... Full article

08/2018 28

Warburg Pincus backs trucking logistics tech platform Cargomatic through $35m Series B

16 August 2018, AltAssets Global private equity house Warburg Pincus has led a $35m Series B round for shipper and carrier tech platform... Full article

08/2018 28

Advent International sells WSiP to Hungary’s Central Group

10 August 2018, AltAssets Advent International has agreed to sale its Polish educational services provider Wydawnictwa Szkolne i Pedagogiczne Full article

08/2018 28

Warburg Pincus invests in TA Associates-backed Procare Software

7 August 2018, AltAssets Warburg Pincus has made a strategic investment in integrated child care management business Procare Software... Full article

08/2018 28

Cinven enters talks to buy AXA Life Europe for €925m

2 August 2018, AltAssets European private equity house Cinven has entered exclusive talks to buy insurance major AXA Life Europe in deal valued at €925m. Full article

07/2018 30

KKR to buy Bay Club from York Capital Management

27 July 2018, AltAssets KKR has agreed to buy active lifestyle and hospitality company Bay Club from York Capital Management. Full article

07/2018 30

Enterprise Investors to continue Fund VIII deployment with Anwim backing

27 July 2018, AltAssets Enterprise Investors is looking to tap its eight fund to invest in petrol station operator Anwim. Full article

07/2018 30

Blackstone exits Ideal Shopping Direct to Aurelius

25 July 2018, AltAssets Blackstone has exited its share in Ideal Shopping Direct through a sale to European asset manager Aurelius. Full article

07/2018 30

KKR taps $9.3bn Asia megafund to buy LCY Chemical Corp in $1.5bn deal

23 July 2018, AltAssets Global investor KKR has agreed to buy LCY Chemical Corp through its $9.3bn Asian Fund III, in a deal valued at TWD $47.8bn ($1.5bn). Full article

07/2018 23

Enterprise Investors taps Fund VIII for Unilink investment

18 July 2018, AltAssets Poland-based Enterprise Investors has tapped its Fund VIII to acquire a 38 per cent stake in insurance multi-agency... Full article

07/2018 23

KKR buys into Applovin at $2bn valuation in wake of US vetoing Chinese buyout

17 July 2018, AltAssets KKR has swooped in to buy a minority stake in AppLovin at a $2bn valuation just a few months after a Chinese buyout firm saw its stake buy overruled by US authorities. Full article

07/2018 17

Warburg, Wendel-backed security major Allied Universal beefs up with $1bn USSA bolt-on

16 July 2018, AltAssets

Private equity-backed North American security services major Allied Universal has agreed an enormous bolt-on deal throug ..
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07/2018 17

Morgan Stanley and BanyanTree jointly invest $75m in Nspira

12 July 2018, AltAssets

Morgan Stanley Private Equity Asia and Banyan Tree Growth Capital II have invested $75m in education services business ..
Full article

07/2018 17

Warburg Pincus exits retail AI specialist Blue Yonder to JDA Software

2 July 2018, AltAssets

Warburg Pincus has exited its investment in retail AI developer Blue Yonder through a sale to trade buyer JDA Software.
Full article

07/2018 17

Advent seals €600m Mondo Minerals exit to Elementis after seven-year hold

29 June 2018, AltAssets

Advent International has sealed the $600m sale of talc products business Mondo Minerals to trade buyer Elementis ...
Full article

07/2018 17

CVC scores debut growth fund exit selling Wireless Logic to Montagu Private Equity at about £400m EV

27 June 2018, AltAssets

CVC Capital Partners has sealed the first exit from its $1bn growth fund by agreeing to exit Wireless Logic Group to...
Full article

07/2018 17

Private equity majors said to circle French payments business Ingenico for $5.5bn buyout

27 June 2018, AltAssets

A bevy of buyout majors are reportedly interested a buyout of France-headquartered payments processor Ingenico Group
Full article

07/2018 10

Advent buys up General Electric gas engine business in $3.25bn deal

21 June 2018, AltAssets

Global private equity major Advent International has agreed a $3.25bn buyout of General Electric’s gas engine
Full article

07/2018 10

KKR to help create French telecom tower giant with Altice France, buys in at $3.6bn EV

21 June 2018, AltAssets

KKR has agreed to buy a 49.99 per cent stake in SFR Tower – a company soon to be established by Altice France
Full article

07/2018 10

Warburg buys Supplier Assessment Services from Capita

19 June 2018, AltAssets

Warburg Pincus has agreed to buy Supplier Assessment Services from Capita.
Full article

06/2018 19

LEGO legend talks branding at HVCA

2018. június 12. BBJ.hu The Hungarian Private Equity and Venture Capital Association's 20th annual investment conference brought LEGO's ex-head of global brand and business development to Budapest to discuss developments in a strong market. Teljes cikk  

06/2018 19

Blackstone to exit Intelenet again in $1bn sale to Teleperformance

15 June 2018, AltAssets

Blackstone has agreed to sell Indian business outsourcing company Intelenet to Teleperformance in a deal valued at $1bn.
Full article

06/2018 19

Warburg Pincus exits FacilitySource in $290m sale to CBRE

13 June 2018, AltAssets

Warburg Pincus has sold procurement and facilities management business FacilitySource to CBRE Group for around $290m.
Full article

06/2018 19

KKR agrees $9.9bn Envision buyout amid reported Carlyle, TPG interest

11 June 2018, AltAssets

Global buyout major KKR has seen off reported competition from Carlyle and TPG to agree a $9.9bn buyout of US medical ...
Full article

06/2018 19

KKR, Goldman buy into low-code apps business OutSystems at “well over $1bn” valuation

7 June 2018, AltAssets

KKR has teamed with Goldman Sachs to invest in low-code application business OutSystems in a deal valuing the company...
Full article

06/2018 19

Advent International buys 80% stake in Walmart Brazil

5 June 2018, AltAssets

Advent International has acquired an 80 per cent stake in the underperforming Brazilian operations of Walmart.
Full article

06/2018 04

Advent to sell conveyor belt business Ammeraal Beltech to Partners Group after almost doubling EBITDA

4 June 2018, AltAssets

Advent International has entered exclusive negotiations to sell lightweight process and conveyor belting business Ammera...
Full article

06/2018 04

Warburg backs creation of Indian BPM business Vivtera

1 June 2018, AltAssets

Global private equity major Warburg Pincus has backed the launch of Indian business process management platform Vivtera.
Full article

05/2018 30

Warburg sinks about $180m into oil, gas exploration and production company Artis

30 May 2018, AltAssets

Warburg Pincus has provided about $180m in growth equity to oil and gas exploration and production business Artis Explo...
Full article

05/2018 30

KKR to acquire PE-backed IT management business BMC in reported $8.3bn deal

30 May 2018, AltAssets

KKR has agreed to buy private equity-backed IT services business BMC in a deal reportedly worth up to $8.3bn.
Full article

05/2018 30

Mid Europa brings Polish equity commitments to about $1bn with JS Hamilton buy

29 May 2018, AltAssets

CEE-focused private equity investor Mid Europa Partners has agreed to pick up Polish testing...
Full article

05/2018 23

HVCA Annual Investment Conference kicks off in June

18 May, 2018 BBJ.hu The Hungarian Private Equity and Venture Capital Association (HVCA) has announced that Christian Majgaard, former head of global brand and business Development at Lego will be the keynote speaker at its 20th Annual Investment Conference, which will take place at the Hotel Hilton Castle, Budapest on June 12. Full article

05/2018 23

Permira powers to 5x return selling Magento Commerce to Adobe in $1.68bn deal – sources

22 May 2018, AltAssets

Private equity major Permira has made a 5x return selling cloud digital commerce business Magento Commerce...
Full article

05/2018 23

KKR said to team with HCA for Envision Healthcare bid, takes on Carlyle, TPG

21 May 2018, AltAssets

KKR has reportedly teamed up with US hospital operator HCA Healthcare to buy Envision Healthcare Corp...
Full article

05/2018 23

Blackstone, Goldman Sachs PE arm exit Ipreo to IHS Markit in $1.85bn deal

21 May 2018, AltAssets

Blackstone and the private equity arm of Goldman Sachs have agreed a $1.85bn sale of financial services data business...
Full article

05/2018 23

Accel-KKR continues FinTech push with Sageworks buyout

21 May 2018, AltAssets

Californian private equity firm Accel-KKR has acquired financial information company Sageworks.
Full article

05/2018 23

CVC reportedly puts €8bn Recordati buyout talks on hold over price, Italian political instability

17 May 2018, AltAssets

CVC Capital Partners has reportedly put its talks over a potential €8bn buyout of listed Italian drugmaker Recordati...
Full article

05/2018 23

Montagu PE agrees $420m Equatex sale to trade buyer Computershare

17 May 2018, AltAssets

UK-based Montagu Private Equity has agreed to end its three-year investment in employee share plans administrator Equate...
Full article

05/2018 23

Warburg sells ipan to Castik Capital after more than tripling revenues at company

16 May 2018, AltAssets

Warburg Pincus has agreed to sell intellectual property management services and software provider ipan to X Castik Capital after more than tripling revenues at the business.
Full article

05/2018 09

Advent agrees $1.44bn MORSCO exit to trade buyer Reece

8 May 2018, AltAssets

Advent International has agreed to exit its almost seven-year investment in US plumbing, heating and cooling products ...
Full article

05/2018 09

KKR follows Ares’ lead to become corporation in wake of US tax changes

4 May 2018, AltAssets

US private equity giant KKR has decided to follow the lead of Ares Corp by making the switch from a partnership to a cor...
Full article

05/2018 02

Apollo-backed Ceva confirms IPO date, eyes $1.23bn from Swiss listing

20 April 2018, AltAssets

Apollo Global-backed supply chain business Ceva Logistics has confirmed it hopes to raise CHF1.2bn ($1.23bn) by listing...
Full article

05/2018 02

Warburg lends weight to Chinese big data analysis business Sensors Data through $44m investment

18 April 2018, AltAssets

China-based customer behaviour data analysis business Sensors Data has collected a $44m investment from Warburg Pincus.
Full article

05/2018 02

Advent closes in on €1.9bn Zentiva carve-out from pharma giant Sanofi

17 April 2018, AltAssets

Advent International is nearing a €1.9bn buyout of the European generic drug business of pharma giant Sanofi after ent...
Full article

05/2018 02

Blackstone agrees to back autism therapy provider CARD

16 April 2018, AltAssets

Blackstone has agreed a deal to buy autism behavioral health services the Center for Autism and Related Disorders.
Full article

05/2018 02

Accel-KKR backs nonprofit-focused fundraising, marketing software maker Salsa Labs

13 April 2018, AltAssets

Tech-focused investment firm Accel-KKR has bought Salsa Labs, a provider of fundraising, advocacy, and marketing software for nonprofits.
Full article

04/2018 16

Warburg Pincus to invest in funding round for China’s Ant Financial Group

12 April 2018, AltAssets

Private equity major Warburg Pincus is reportedly in talks to invest in a fundraising round for China’s Ant...
Full article

04/2018 16

Advent expands payments portfolio by buying, merging Clearent and FieldEdge

12 April 2018, AltAssets

Global buyout house Advent International has bought and merged payment solutions business Clearent and field services management software provider FieldEdge.
Full article

04/2018 10

Veritas carves out GE Healthcare value-based care assets in $1.05bn cash deal

3 April 2018, AltAssets

Tech-focused buyout house Veritas Capital has agreed a $1.05bn cash deal for GE Healthcare’s value-based care division.
Full article

04/2018 01

Blackstone picks up stake in PAG through Alternative Asset Management arm

27 March 2018, AltAssets

Private equity giant Blackstone has bought up a minority stake in Asia-focused investment firm PAG....
Full article

04/2018 01

Blackstone buys into PE industry veteran Kohlberg & Co

23 March 2018, AltAssets

Blackstone has bought into private equity peer Kohlberg & Company through its specialist fund targeting stakes...
Full article

04/2018 01

Warburg Pincus sells off stake in Extant Aerospace to TransDigm in $525m cash deal

20 March 2018, AltAssets

Private equity major Warburg Pincus has sold off its stake in aerospace and defence product supplier Extant Aerospace...
Full article

04/2018 01

KKR to go head-to-head with bidders for €3bn European tower portfolio

16 March 2018, AltAssets

KKR is reportedly preparing to go head-to-head with a number of bidders for a stake in Altice’s telecommunications towers in France and Portugal.
Full article

03/2018 19

KKR seals exit of digital magazine startup Texture to Apple after four year

13 March 2018, AltAssets

Private equity major KKR is set to score a return on the sale of digital magazine service Texture.
Full article

03/2018 19

Enterprise Investors lists Baltic tour operator Novaturas four months after scrapping sale to Itaka

12 March 2018, AltAssets

Central and Eastern Europe-focused private equity firm Enterprise Investors has secured the part-exit of Baltic ...
Full article