Permira exits medical device maker LSNE after European market debut
AltAssets
Private equity major Permira has exited medical device maker Lyophilization Services of New England (LSNE) to PCI Pharma Services.
Warburg Pincus buys into Bond Vet, eyes national expansion on increased demand
AltAssets
Healthcare and technology investor Warburg Pincus has made a $170m investment in New York veterinary care clinics Bond Vet. The firm said the funding will be invested in equipment, training, culture and technology to improve clinical experience for its users.
Advent’s Olaplex ups IPO valuation hopes to $12.3bn
AltAssets
Advent International is eyeing an increased valuation of up to $12.3bn for its hair products business Olaplex through....
Permira acquires reimbursement software Motus from Thoma Bravo to capitalize on flexible working trend
AltAssets
UK buyout house Permira has agreed to acquire reimbursement software Motus from fellow private equity firm Thoma Bravo.
Advent, PSG propel Assembly to unicorn status with new investment
AltAssets
Private equity pair Advent International and PSG have helped e-commerce software and data platform Assembly to a valuation of more than $1bn through a new investment round.
Lexington Partners said to draw KKR interest as it mulls multibillion-dollar sale
AltAssets
Private equity secondaries giant Lexington Partners is reportedly preparing for a potential sale of its business, with buyout giant KKR said to be among interested bidders.
Biggest cyber IPO of the year could arrive next week as Permira-backed Exclusive Networks eyes €2.1bn valuation
AltAssets
The biggest cyber IPO of 2021 could be here next week, with Permira-backed Exclusive Networks revealing it is eyeing...
Apollo in talks to buy European PVC production major Kem One
AltAssets
Global buyout giant Apollo has entered exclusive talks to buy European PVC producer Kem One
Blackstone Growth to buy into Dynamo Software to “catch tailwinds” in alternative investment management industry
AltAssets
Blackstone Growth has agreed on a strategic growth investment in cloud software provider Dynamo Software. Dynamo provi...
KKR, Salesforce Ventures seal Denmark’s biggest-ever Series B round to give Leapwork $312m valuation
AltAssets
KKR and Salesforce Ventures have teamed up to back the biggest-ever Series B investment round in a Danish business, valuing no-code software test automation platform Leapwork at about $312m.
Advent picks up Laura Mercier, bareMinerals cosmetics brands as second beauty investment in two years
AltAssets
The private equity house will also control bareMinerals and BUXOM as part of the buyout, which was made through its newly-formed vehicle AI Beauty Holdings.
Accel-KKR doubles down on flight software business ATP with new investment
AltAssets
Accel-KKR has doubled down on aviation software provider ATP with a new growth investment.
Private equity said to circle yet another UK supermarket major, Sainsbury’s deal could exceed £7bn
AltAssets
Sainsbury’s has reportedly become the latest UK supermarket to be the target of a multibillion-pound private equit...
Permira continues busy week with CommentSold investment, ZMC exits
AltAssets
Private equity house Permira‘s busy week has continued with a strategic investment in digital commerce specialist...
Permira said to prep Tricor sale at up to $2bn valuation
AltAssets
Private equity major Permira is reportedly prepping a sale of business services company Tricor which could see it reach...
Hyatt Hotels buys KKR, KSL Capital-backed Apple Leisure in $2.7bn deal
AltAssets
Global buyout major KKR and KSL Capital Partners have agreed to exit resort-management service provider
Warburg Pincus backs SOC2 report issuer A-LIGN amid rising demand for cybersecurity assessments
AltAssets
Private equity major Warburg Pincus has bought into SOC2 report issuer A-LIGN alongside existing investor FTV Capital
Permira to buy majority stake in Engel & Völkers for further international expansion, values the agent at €700m
AltAssets
Global buyout house Permira has agreed to acquire a majority stake in property brokerage company Engel & Völkers
Reese Witherspoon’s media company receives Blackstone investment
AltAssets
Reese Witherspoon-founded Hello Sunshine has received funding from buyout giant Blackstone and an unnamed, newly formed
Apollo taps second dedicated infra fund to back FirstDigital Telecom
AltAssets
Apollo Global Management has agreed to invest $200m of preferred equity in FirstDigital Telecom
Blackstone to acquire minority stake in fellow PE house GTCR through specialist GP stakes business
AltAssets
Global buyout giant Blackstone has agreed to tap its specialist GP stakes fund to acquire a minority stake in fellow...
Levine Leichtman continues exit flurry with FlexXray sale to Warburg Pincus, Tilia
AltAssets
Levine Leichtman Capital Partners has continued its recent exit spree with the sale of FlexXray Holding...
KKR said to enter scrum for rugby union World Cup commercial rights
AltAssets
Buyout giant KKR is reportedly the latest investor in talks with World Rugby for a potential investment in the commercia...
Blackstone agrees first Asian consumer tech deal by backing online learning ‘bootcamp’ Simplilearn
AltAssets
Buyout giant Blackstone has agreed to pick up a controlling stake in Indian online learning “bootcamp”...
Blackstone enters into $7.3bn deal with AIG to buy into retirement business, affordable housing portfolio
AltAssets
Blackstone has agreed to acquire part of AIG’s life and retirement business and certain affordable housing assets in...
Advent to sell Allnex at €4bn EV, 12.2x EBITDA after eight-year hold
AltAssets
Global buyout house Advent International has agreed to sell coating resins supplier Allnex to PRRGC International at an enterprise value of €4bn, equivalent to 12.2x the company’s EBITDA.
Investindustrial seals ‘one of Europe’s biggest PE exits this year’ with Polynt-Reichold stake sale
AltAssets
Private equity house Investindustrial has sealed one of Europe’s largest PE exits this year with the sale of
KKR doubles down on Philippines payments business Voyager as company eyes expansion to digital bank
AltAssets
KKR has doubled down on its investment in Philippines payments business Voyager Innovations by taking part in a $167m funding round.
BlackRock Real Assets more than triples target with $1.67bn debut infra debt fund close, eyes resilience amid post-pandemic uncertainty
AltAssets
BlackRock Real Assets has closed its debut Global Infrastructure Debt Fund on $1.67bn
Fintech Klarna hits mammoth $45.6bn valuation through new funding round
AltAssets
Online payments provider Klarna has raised more than $639m in a new private fundraising round, led by Japan’s SoftBank
KKR launches aviation lending business with $800m loan portfolio purchase
AltAssets
Global private equity major KKR has agreed to buy an almost $800m-strong aviation loan portfolio from CIT Group
Warburg Pincus backs $150m Series E for cybersecurity company Aura
AltAssets
Digital security platform Aura has closed its Series E round on $150m, which was led by private equity giant ...
Warburg Pincus agrees $100m Phil backing to disrupt US pharma distribution hubs
AltAssets
Global private equity investor Warburg Pincus has agreed to back software therapy deployment platform Phil with ...
Private equity pair look to profit from $40bn-plus native advertising market with Revcontent buyout
AltAssets
A private equity consortium has bought a majority stake in content marketing and native advertising platform Revcontent.
Warburg Pincus buys Clearlake stake in legal document, email management company NetDocuments
AltAssets
Global private equity major Warburg Pincus has bought Clearlake Capital‘s stake in cloud-based legal document...
KKR takes UK group John Laing private in £2bn deal to boost infrastructure strategy
AltAssets
Private equity major KKR has agreed a £2bn buyout of UK infrastructure group John Laing amid growing demand within the sector.
Warburg Pincus joins Macquarie Capital as PTSG backer to expand UK market share
AltAssets
Warburg Pincus has agreed to buy into Macquarie Capital Principal Finance-backed British building compliance services....
KKR backs online attack testing specialist NetSPI as global cybersecurity spending booms
AltAssets
Global private equity giant KKR has led a $90m growth funding round for cybersecurity attack testing business NetSPI
BlackRock teams with HP to back analog AI processor Mythic, eyeing rapidly-growing demand
AltAssets
Global buyout giant BlackRock and Hewlett Packard Enterprise have led a $70m series C round funding in analog AI....
Warburg Pincus leads $110m Aetion Series C in wake of company doubling revenue last year
AltAssets
Global private equity major Warburg Pincus has led a $110m Series C investment round for healthcare tech business Aetion, more than doubling its total outside funding to date.
Gap sells luxury fashion business Intermix to Altamont Capital Partners
AltAssets
Altamont Capital Partners has agreed to carve out Gap’s luxury fashion boutique business Intermix as it eyes...
Blackstone makes £1.2bn take-private offer for UK real estate developer St Modwen
AltAssets
Global private equity giant Blackstone Group has made a £1.21bn offer for St Modwen, a UK developer specialising...
KKR seals $5.75bn Bountiful sale to Nestlé, almost double its 2017 valuation
AltAssets
KKR has sealed a $5.75bn sale of vitamins and nutritional supplement maker The Bountiful Co to Nestlé
Blackstone agrees to boost stake in Indian IT outsourcer Mphasis with up to $2.8bn investment
AltAssets
Global private equity giant Blackstone has agreed to up its stake in Indian IT services business Mphasis in a $1.1bn
Victoria’s Secret could be worth double last year’s scrapped Sycamore Partners deal as new buyout talks begin
AltAssets
The owners of lingerie retailer Victoria’s Secret are reportedly back in talks with potential buyers at more than...
Advent International buys into BigID at $1.25bn valuation
AltAssets
Advent International has tapped its dedicated $2bn tech fund to help data intelligence service provider BigID reach
Warburg Pincus eyes capital-constrained aircraft industry opportunity with launch of Aquila Air Capital
AltAssets
Global private equity firm Warburg Pincus has created Aquila Air Capital, a speciality finance platform focused
KKR launches Netherlands fibre infrastructure project with DTCP, T-Mobile Netherlands signs on as anchor tenant
AltAssets
Private equity giant KKR has teamed with investment manager DTCP to roll out a fiber infrastructure project in the Netherlands.
Advent agrees $2bn-plus Unit4 sale to TA Associates, Partners Group after Covid-19 revenue rise
AltAssets
Advent International has agreed to sell enterprise cloud software business Unit4 to fellow private equity investors TA Associates and Partners Group in a deal valuing the company at more than $2bn.
Warburg Pincus, General Atlantic prep for payday as Alignment Healthcare eyes up to $3.56bn valuation through IPO
AltAssets
Private equity houses Warburg Pincus and General Atlantic are eyeing a hefty payday from portfolio business Alignment Healthcare through an IPO of the business at a valuation of up to $3.56bn.
Private equity battle for KPMG UK restructuring arm over as HIG Capital seals deal
AltAssets
The private equity tussle over a buyout of KPMG’s UK restructuring services division is over, with HIG Capital emerging victorious.
PE veteran Warburg Pincus buys Infinite Electronics from Genstar Capital
AltAssets
Private equity veteran Warburg Pincus has acquired electronic components supplier Infinite Electronics from Genstar...
Warburg Pincus seals Hygeina trade sale to Germany industry major EW Group
AltAssets
Private equity major Warburg Pincus has agreed to sell its food safety and environmental testing portfolio business Hygiena to trade buyer EW Group.
EQT celebrates Flying Tiger recovery with sale to Treville, two years after restructuring business
AltAssets
European private equity major EQT has exited quirky variety store chain Flying Tiger Copenhagen to consumer investor....
Blackstone to buy Interior Logic Group from Platinum Equity, Littlejohn & Co in $1.6bn deal
AltAssets
Blackstone has agreed to buy Interior Logic Group Holdings from fellow private equity houses Littlejohn & Co
Permira said to eye almost £1.3bn raise through IPO of iconic British bootmaker Dr Martens
AltAssets
European private equity major Permira is reportedly looking to raise almost £1.3bn through the IPO of renowned British bootmaker Dr Martens.
Warburg Pincus leads $125m investment in online loan platform LendingPoint
AltAssets
Online loan platform LendingPoint has secured a $125m preferred equity investment from private equity firm
Move over Klarna, Checkout.com just became Europe’s most valuable FinTech at $15bn
AltAssets
Payments solutions provider Checkout.com has closed a $450m Series C funding round at a $15bn valuation
Triple Grammy winner Tedder sells stake in music catalogue to KKR
AltAssets
KKR has agreed to buy a majority stake in the music catalogue of triple-Grammy winner Ryan Tedder and his band...
Private equity firms said to prep £400m-plus KPMG restructuring operations unit bids
AltAssets
‘Big four’ professional services firm KPMG is reportedly in the sights of private equity majors as they look to pick up its UK restructuring operations.
Private equity firm GED Capital invests into Spanish restaurant group Comess
AltAssets
GED Capital, a private equity firm focused on Iberian low middle-market companies, has invested into restaurant
Signature Aviation accepts Blackstone’s $4.3bn offer
AltAssets
After it was revealed last week that Blackstone had offered to buy Signature Aviation for $4.3bn, the UK company has now accepted the deal.
Beech Tree Private Equity has set aside up to £40m for a wealth management deal
AltAssets
Beech Tree Private Equity has reportedly set aside between £10m and £40m for an investment into an unnamed wealth...
Blackstone in talks for £3bn Signature Aviation buyout, GIP sees bid rejected
AltAssets
Global buyout giant Blackstone is in talks for a potential £3bn takeover of British private jet business Signature
Partners Group buys into Warburg Pincus’ Indian portfolio business Ecom Express
AltAssets
Partners Group has agreed to invest more than $250m in Warburg Pincus portfolio business Ecom Express
TikTok owner ByteDance said to near $180bn valuation through KKR, Sequoia-led investment round
AltAssets
Investment giants KKR and Sequoia Capital are reportedly leading a new funding round for TikTok’s Chinese owner ByteDance to value it at an astonishing $180bn.
Mid Europa Partners carves out Polish arm of software major Sage Group
AltAssets
Central European private equity major Mid Europa Partners....
Blackstone closes acquisition of credit investing firm DCI
AltAssets
American private equity firm Blackstone has completed the acquisition of quantitative credit investing platform DCI.
Montagu Private Equity revealed to be in talks with takeover of Capita unit ESS, deal could exceed £500m
AltAssets
Business process outsourcing specialist Capita Plc has confirmed it has entered exclusive talks with UK private equity
Enterprise Investors taps €498m Fund VIII for PragmaGO take-private offer
AltAssets
Enterprise Investors has tapped its €498m Polish Enterprise Fund VIII to pick up PragmaGO, a provider of...
BlackRock to pay $1.05bn to buy Aperio Group from Golden Gate Capital
AltAssets
BlackRock has agreed to pay $1.05bn to buy research-based investment management business Aperio Group from Golden Gate Capital after just two years in the latter’s portfolio
Jeff Bezos venture capital fund joins $30m Chipper Cash investment round
AltAssets
Just a few months after its latest raise, Chipper Cash has now added another $30m to its coffers in a raise backed by Jeff Bezos’ private VC fund Bezos Expeditions.
KKR buys into Walmart-backed Japanese supermarket chain Seiyu at about $1.6bn valuation
AltAssets
KKR has agreed to buy into Walmart-backed Japanese supermarket chain Seiyu in a deal valuing the business at...
KKR taps $1.3bn Global Impact Fund for another European deal with CMC Machinery investment
AltAssets
Global private equity giant KKR has invested in 40-year-old Italian automated packaging business CMC Machinery.
New Mountain Capital buys into bankrupt PE-backed dental clinic services business Benevis
AltAssets
Bankrupt private equity-backed dental clinic services business Benevis has been bought by New Mountain Capital.
Mid Europa Partners buys into metal print marketplace Displate after strong two-year growth
AltAssets
Central European private equity powerhouse Mid Europa Partners has agreed to buy a majority stake in metal poster business GWD Concept from Credo Ventures and Miton Capital.
Clearlake looks to buy into Warburg, Goldman Sachs-backed Endurance International in $3bn deal
AltAssets
Clearlake Capital has agreed to pick up Warburg Pincus and Goldman Sachs PE-backed web hosting business Endurance International in a $3bn take-private deal.
Blackstone buys Prologis’ UK logistics assets in £473m deal
AltAssets
Blackstone has inked a £473m deal to buy Prologis’ UK logistics properties in what has been called the largest ...
Morgan Stanley Capital Partners completes investment into US Healthconnect
AltAssets
Morgan Stanley Capital Partners has completed an investment into US HealthConnect
Private equity investor Centerbridge Partners backs Syncapay’s acquisition of Wirecard North America
AltAssets
yncapay has announced that it has bought Wirecard North America, marking another page in the story of the collapse of the scandal-ridden former FinTech giant.
Blackstone headed for huge profit after agreeing $14.6bn BioMed realty sale
AltAssets
Blackstone has scored a hefty return by agreeing the $14.6bn sale of US life science office buildings major BioMed Realty.
Accel-KKR buys into long-held Norwest Equity Partners portfolio business Surgical Information Systems
AltAssets
Private equity-backed hospital clinical and business software specialist Surgical Information Systems has picked up a majority investment from tech-focused buyout house Accel-KKR.
Private equity trio celebrate €9.8bn Allegro valuation in Poland’s biggest-ever IPO
AltAssets
The private equity bet on Polish e-commerce retailer Allegro has paid off through Poland’s biggest-ever IPO, valuing the business at €9.8bn.
Warburg Pincus in line to profit from The Philippines’ second biggest IPO through Converge listing
AltAssets
Warburg Pincus is set to profit from The Philippines’ second largest IPO through the public listing of fibre broadband business Converge ICT Solutions.
Warburg Pincus seals $2.23bn sale of Swiss banking tech business Avaloq to Japan’s NEC
AltAssets
Warburg Pincus has agreed the CHF2.05bn ($2.23bn) sale of Swiss banking software and wealth management tech...
Warburg Pincus buys into True North, Bessemer Venture Partners-backed Home First Finance Company India
AltAssets
Global private equity firm Warburg Pincus has made an INR7bn ($95.4m) investment in PE and VC-backed Home First Finance Company India.
Blackstone sells Rothesay Life stake to GIC, MassMutual after seeing AUM swell from £7.5bn to £56bn
AltAssets
Blackstone has sold its 36% stake in UK insurance business Rothesay Life to existing company backers GIC and the Massachusetts Mutual Life Insurance Company, in a deal valuing the company at £5.75bn.
Apollo receives William Hill buyout blow as rival bidder Caesars says company likely to recommend £2.9bn offer
AltAssets
Global buyout major Apollo has received a blow to its efforts to buy UK betting business William Hill after rival ...
Permira helps Mirakl reach unicorn status as marketplace software business defies Covid pressures
AltAssets
Private equity house Permira has helped enterprise marketplace software-as-a-service provider Mirakl...
Warburg Pincus buys into specialised healthcare, military, seniors meal business GA Foods
AltAssets
Warburg Pincus has agreed a strategic investment in specialist food provider GA Foods.
KKR leads the $450m investment round of exercise company Zwift
AltAssets
Global private equity giant KKR has led the $450m Series C investment round of Zwift, an online fitness platform for cyclists and runners.
PE firms increasingly paying themselves dividends through new portfolio company debt – report
AltAssets
Private equity firms are using portfolio company loans to pay themselves dividends at the highest ratio in five years ...
BlackRock taps Global Renewable Power Fund III to make Windvision its first Belgian deal
AltAssets
BlackRock has tapped its Global Renewable Power Fund III to invest in Belgian renewable energy developer Windvision.
Warburg Pincus buys into DACH region HR software, service specialist Infoniqa
AltAssets
Global private equity major Warburg Pincus has agreed to buy into DACH HR software and service specialist Infoniqa
Blackstone, GIP in talks for buyout of $18bn-valued railroad operator Kansas City Southern – report
AltAssets
Private equity giant Blackstone is reportedly leading a buyout consortium alongside Global Infrastructure Partners to buy $18bn-valued US railroad operator Kansas City Southern.
Newspaper publisher Archant reportedly to be acquired by Rcapital Partners
AltAssets
Archant, a newspaper and magazine publishing company, has reportedly been acquired by private equity firm Rcapital
The Blackstone Group to acquire Takeda Consumer Healthcare Company
AltAssets
Investment firm The Blackstone Group has entered into a definitive agreement to acquire Takeda Consumer Healthcare
Warburg Pincus set to cash in on Petz investment through Brazilian IPO
AltAssets
Private equity-backed Brazilian pet shop chain Petz is hoping to raise up to BRL3.4bn ($611m) through an IPO.
Advent continues coronavirus dealmaking with investment in real estate software business Aareon
AltAssets
Global private equity major Advent International has agreed to buy a 30% stake in real estate software business Aareon
Blackstone said to near biggest Indian RE portfolio buyout to date with $1.7bn Prestige Group dea
AltAssets
Global private equity giant Blackstone is reportedly near a $1.7bn buyout of Indian property developer Prestige Group...