News

07/2021 27

Levine Leichtman continues exit flurry with FlexXray sale to Warburg Pincus, Tilia

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Levine Leichtman Capital Partners has continued its recent exit spree with the sale of FlexXray Holding...

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07/2021 23

KKR said to enter scrum for rugby union World Cup commercial rights

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Buyout giant KKR is reportedly the latest investor in talks with World Rugby for a potential investment in the commercia...

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07/2021 19

Blackstone agrees first Asian consumer tech deal by backing online learning ‘bootcamp’ Simplilearn

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Buyout giant Blackstone has agreed to pick up a controlling stake in Indian online learning “bootcamp”...

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07/2021 15

Blackstone enters into $7.3bn deal with AIG to buy into retirement business, affordable housing portfolio

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Blackstone has agreed to acquire part of AIG’s life and retirement business and certain affordable housing assets in...

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07/2021 13

Advent to sell Allnex at €4bn EV, 12.2x EBITDA after eight-year hold

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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.

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07/2021 02

Investindustrial seals ‘one of Europe’s biggest PE exits this year’ with Polynt-Reichold stake sale

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Private equity house Investindustrial has sealed one of Europe’s largest PE exits this year with the sale of

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06/2021 28

KKR doubles down on Philippines payments business Voyager as company eyes expansion to digital bank

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KKR has doubled down on its investment in Philippines payments business Voyager Innovations by taking part in a $167m funding round.

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06/2021 11

Fintech Klarna hits mammoth $45.6bn valuation through new funding round

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Online payments provider Klarna has raised more than $639m in a new private fundraising round, led by Japan’s SoftBank

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06/2021 11

KKR launches aviation lending business with $800m loan portfolio purchase

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Global private equity major KKR has agreed to buy an almost $800m-strong aviation loan portfolio from CIT Group

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06/2021 10

Warburg Pincus backs $150m Series E for cybersecurity company Aura

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Digital security platform Aura has closed its Series E round on $150m, which was led by private equity giant ...

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06/2021 04

Warburg Pincus agrees $100m Phil backing to disrupt US pharma distribution hubs

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Global private equity investor Warburg Pincus has agreed to back software therapy deployment platform Phil with ...

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06/2021 03

Private equity pair look to profit from $40bn-plus native advertising market with Revcontent buyout

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A private equity consortium has bought a majority stake in content marketing and native advertising platform Revcontent.

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05/2021 26

Warburg Pincus buys Clearlake stake in legal document, email management company NetDocuments

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Global private equity major Warburg Pincus has bought Clearlake Capital‘s stake in cloud-based legal document...

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05/2021 19

KKR takes UK group John Laing private in £2bn deal to boost infrastructure strategy

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Private equity major KKR has agreed a £2bn buyout of UK infrastructure group John Laing amid growing demand within the sector.

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05/2021 17

Warburg Pincus joins Macquarie Capital as PTSG backer to expand UK market share

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Warburg Pincus has agreed to buy into Macquarie Capital Principal Finance-backed British building compliance services....

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05/2021 12

KKR backs online attack testing specialist NetSPI as global cybersecurity spending booms

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Global private equity giant KKR has led a $90m growth funding round for cybersecurity attack testing business NetSPI

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05/2021 12

BlackRock teams with HP to back analog AI processor Mythic, eyeing rapidly-growing demand

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Global buyout giant BlackRock and Hewlett Packard Enterprise have led a $70m series C round funding in analog AI....

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05/2021 11

Warburg Pincus leads $110m Aetion Series C in wake of company doubling revenue last year

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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.

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05/2021 10

Gap sells luxury fashion business Intermix to Altamont Capital Partners

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Altamont Capital Partners has agreed to carve out Gap’s luxury fashion boutique business Intermix as it eyes...

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05/2021 07

Blackstone makes £1.2bn take-private offer for UK real estate developer St Modwen

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Global private equity giant Blackstone Group has made a £1.21bn offer for St Modwen, a UK developer specialising...

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05/2021 03

KKR seals $5.75bn Bountiful sale to Nestlé, almost double its 2017 valuation

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KKR has sealed a $5.75bn sale of vitamins and nutritional supplement maker The Bountiful Co to Nestlé

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04/2021 26

Blackstone agrees to boost stake in Indian IT outsourcer Mphasis with up to $2.8bn investment

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Global private equity giant Blackstone has agreed to up its stake in Indian IT services business Mphasis in a $1.1bn

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04/2021 23

Victoria’s Secret could be worth double last year’s scrapped Sycamore Partners deal as new buyout talks begin

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The owners of lingerie retailer Victoria’s Secret are reportedly back in talks with potential buyers at more than...

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04/2021 23

Advent International buys into BigID at $1.25bn valuation

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Advent International has tapped its dedicated $2bn tech fund to help data intelligence service provider BigID reach

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04/2021 20

Warburg Pincus eyes capital-constrained aircraft industry opportunity with launch of Aquila Air Capital

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Global private equity firm Warburg Pincus has created Aquila Air Capital, a speciality finance platform focused 

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04/2021 07

KKR launches Netherlands fibre infrastructure project with DTCP, T-Mobile Netherlands signs on as anchor tenant

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Private equity giant KKR has teamed with investment manager DTCP to roll out a fiber infrastructure project in the Netherlands.

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03/2021 23

Advent agrees $2bn-plus Unit4 sale to TA Associates, Partners Group after Covid-19 revenue rise

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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.

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03/2021 18

Warburg Pincus, General Atlantic prep for payday as Alignment Healthcare eyes up to $3.56bn valuation through IPO

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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.

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03/2021 04

Private equity battle for KPMG UK restructuring arm over as HIG Capital seals deal

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The private equity tussle over a buyout of KPMG’s UK restructuring services division is over, with HIG Capital emerging victorious.

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03/2021 03

PE veteran Warburg Pincus buys Infinite Electronics from Genstar Capital

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Private equity veteran Warburg Pincus has acquired electronic components supplier Infinite Electronics from Genstar...

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02/2021 17

Warburg Pincus seals Hygeina trade sale to Germany industry major EW Group

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Private equity major Warburg Pincus has agreed to sell its food safety and environmental testing portfolio business Hygiena to trade buyer EW Group.

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02/2021 15

EQT celebrates Flying Tiger recovery with sale to Treville, two years after restructuring business

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European private equity major EQT has exited quirky variety store chain Flying Tiger Copenhagen to consumer investor....

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02/2021 02

Blackstone to buy Interior Logic Group from Platinum Equity, Littlejohn & Co in $1.6bn deal

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Blackstone has agreed to buy Interior Logic Group Holdings from fellow private equity houses Littlejohn & Co

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01/2021 25

Permira said to eye almost £1.3bn raise through IPO of iconic British bootmaker Dr Martens

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European private equity major Permira is reportedly looking to raise almost £1.3bn through the IPO of renowned British bootmaker Dr Martens.

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01/2021 15

Warburg Pincus leads $125m investment in online loan platform LendingPoint

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Online loan platform LendingPoint has secured a $125m preferred equity investment from private equity firm

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01/2021 12

Move over Klarna, Checkout.com just became Europe’s most valuable FinTech at $15bn

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Payments solutions provider Checkout.com has closed a $450m Series C funding round at a $15bn valuation

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01/2021 11

Triple Grammy winner Tedder sells stake in music catalogue to KKR

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KKR has agreed to buy a majority stake in the music catalogue of triple-Grammy winner Ryan Tedder and his band...

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01/2021 07

Private equity firms said to prep £400m-plus KPMG restructuring operations unit bids

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‘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.

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12/2020 29

Private equity firm GED Capital invests into Spanish restaurant group Comess

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GED Capital, a private equity firm focused on Iberian low middle-market companies, has invested into restaurant

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12/2020 21

Signature Aviation accepts Blackstone’s $4.3bn offer

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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.

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12/2020 21

Beech Tree Private Equity has set aside up to £40m for a wealth management deal

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Beech Tree Private Equity has reportedly set aside between £10m and £40m for an investment into an unnamed wealth...

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12/2020 18

Blackstone in talks for £3bn Signature Aviation buyout, GIP sees bid rejected

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Global buyout giant Blackstone is in talks for a potential £3bn takeover of British private jet business Signature 

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12/2020 16

Partners Group buys into Warburg Pincus’ Indian portfolio business Ecom Express

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Partners Group has agreed to invest more than $250m in Warburg Pincus portfolio business Ecom Express

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12/2020 14

TikTok owner ByteDance said to near $180bn valuation through KKR, Sequoia-led investment round

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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.

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12/2020 09

Mid Europa Partners carves out Polish arm of software major Sage Group

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Central European private equity major Mid Europa Partners....

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11/2020 30

Blackstone closes acquisition of credit investing firm DCI

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American private equity firm Blackstone has completed the acquisition of quantitative credit investing platform DCI.

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11/2020 27

Montagu Private Equity revealed to be in talks with takeover of Capita unit ESS, deal could exceed £500m

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Business process outsourcing specialist Capita Plc has confirmed it has entered exclusive talks with UK private equity

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11/2020 27

Enterprise Investors taps €498m Fund VIII for PragmaGO take-private offer

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Enterprise Investors has tapped its €498m Polish Enterprise Fund VIII to pick up PragmaGO, a provider of...

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11/2020 24

BlackRock to pay $1.05bn to buy Aperio Group from Golden Gate Capital

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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

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11/2020 20

Jeff Bezos venture capital fund joins $30m Chipper Cash investment round

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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.

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11/2020 16

KKR buys into Walmart-backed Japanese supermarket chain Seiyu at about $1.6bn valuation

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KKR has agreed to buy into Walmart-backed Japanese supermarket chain Seiyu in a deal valuing the business at...

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11/2020 16

KKR taps $1.3bn Global Impact Fund for another European deal with CMC Machinery investment

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Global private equity giant KKR has invested in 40-year-old Italian automated packaging business CMC Machinery.

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11/2020 11

New Mountain Capital buys into bankrupt PE-backed dental clinic services business Benevis

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Bankrupt private equity-backed dental clinic services business Benevis has been bought by New Mountain Capital.

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11/2020 05

Mid Europa Partners buys into metal print marketplace Displate after strong two-year growth

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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.

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11/2020 03

Clearlake looks to buy into Warburg, Goldman Sachs-backed Endurance International in $3bn deal

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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.

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10/2020 30

Blackstone buys Prologis’ UK logistics assets in £473m deal

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Blackstone has inked a £473m deal to buy Prologis’ UK logistics properties in what has been called the largest ...

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10/2020 30

Morgan Stanley Capital Partners completes investment into US Healthconnect

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 Morgan Stanley Capital Partners has completed an investment into US HealthConnect

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10/2020 26

Private equity investor Centerbridge Partners backs Syncapay’s acquisition of Wirecard North America

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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.

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10/2020 16

Blackstone headed for huge profit after agreeing $14.6bn BioMed realty sale

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Blackstone has scored a hefty return by agreeing the $14.6bn sale of US life science office buildings major BioMed Realty.

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10/2020 16

Accel-KKR buys into long-held Norwest Equity Partners portfolio business Surgical Information Systems

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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.

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10/2020 12

Private equity trio celebrate €9.8bn Allegro valuation in Poland’s biggest-ever IPO

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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.

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10/2020 09

Warburg Pincus in line to profit from The Philippines’ second biggest IPO through Converge listing

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Warburg Pincus is set to profit from The Philippines’ second largest IPO through the public listing of fibre broadband business Converge ICT Solutions.

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10/2020 05

Warburg Pincus seals $2.23bn sale of Swiss banking tech business Avaloq to Japan’s NEC

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Warburg Pincus has agreed the CHF2.05bn ($2.23bn) sale of Swiss banking software and wealth management tech...

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10/2020 02

Warburg Pincus buys into True North, Bessemer Venture Partners-backed Home First Finance Company India

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Global private equity firm Warburg Pincus has made an INR7bn ($95.4m) investment in PE and VC-backed Home First Finance Company India.

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09/2020 30

Blackstone sells Rothesay Life stake to GIC, MassMutual after seeing AUM swell from £7.5bn to £56bn

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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.

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09/2020 28

Apollo receives William Hill buyout blow as rival bidder Caesars says company likely to recommend £2.9bn offer

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Global buyout major Apollo has received a blow to its efforts to buy UK betting business William Hill after rival ...

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09/2020 24

Permira helps Mirakl reach unicorn status as marketplace software business defies Covid pressures

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Private equity house Permira has helped enterprise marketplace software-as-a-service provider Mirakl...

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09/2020 24

Warburg Pincus buys into specialised healthcare, military, seniors meal business GA Foods

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Warburg Pincus has agreed a strategic investment in specialist food provider GA Foods.

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09/2020 21

KKR leads the $450m investment round of exercise company Zwift

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Global private equity giant KKR has led the $450m Series C investment round of Zwift, an online fitness platform for cyclists and runners.

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09/2020 18

PE firms increasingly paying themselves dividends through new portfolio company debt – report

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Private equity firms are using portfolio company loans to pay themselves dividends at the highest ratio in five years ...

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09/2020 18

BlackRock taps Global Renewable Power Fund III to make Windvision its first Belgian deal

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BlackRock has tapped its Global Renewable Power Fund III to invest in Belgian renewable energy developer Windvision. 

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09/2020 07

Warburg Pincus buys into DACH region HR software, service specialist Infoniqa

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Global private equity major Warburg Pincus has agreed to buy into DACH HR software and service specialist Infoniqa 

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09/2020 03

Blackstone, GIP in talks for buyout of $18bn-valued railroad operator Kansas City Southern – report

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Private equity giant Blackstone is reportedly leading a buyout consortium alongside Global Infrastructure Partners to buy $18bn-valued US railroad operator Kansas City Southern.

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08/2020 28

Newspaper publisher Archant reportedly to be acquired by Rcapital Partners

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Archant, a newspaper and magazine publishing company, has reportedly been acquired by private equity firm Rcapital 

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08/2020 24

The Blackstone Group to acquire Takeda Consumer Healthcare Company

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Investment firm The Blackstone Group has  entered into a definitive agreement to acquire Takeda Consumer Healthcare

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08/2020 21

Warburg Pincus set to cash in on Petz investment through Brazilian IPO

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Private equity-backed Brazilian pet shop chain Petz is hoping to raise up to BRL3.4bn ($611m) through an IPO. 

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08/2020 13

Advent continues coronavirus dealmaking with investment in real estate software business Aareon

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Global private equity major Advent International has agreed to buy a 30% stake in real estate software business Aareon

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08/2020 10

Blackstone said to near biggest Indian RE portfolio buyout to date with $1.7bn Prestige Group dea

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Global private equity giant Blackstone is reportedly near a $1.7bn buyout of Indian property developer Prestige Group...

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07/2020 29

Permira picks up EF’s China, Indonesia kids English language teaching unit, deal pegged at about $1.5bn

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Private equity major Permira has sealed a buyout of EF Education First’s children’s English language education unit at a reported valuation of about $1.5bn.

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07/2020 16

Advent narrowly avoids court trial after reaching cut-price $1.43bn Forescout buyout

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Advent International has reached a cut-price agreement to buy Forescout Technologies for $1.43bn

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06/2020 30

PE-backed Cirque du Soleil files for bankruptcy protection, cuts 3,500 jobs as Covid-19 lays business low

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The coronavirus crisis has pushed the world-famous Cirque du Soleil into bankruptcy protection

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06/2020 29

Royalty-free music, images subscription business Artlist gets KKR investment

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Global private equity major heavyweight KKR has invested in royalty-free licensed music provider Artlist. 

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06/2020 15

KKR-led consortium invest $650m into Vietnam real estate developer

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A consortium of investors led by KKR has made a collective investment for $650m into Vinhomes Joint Stock Company,

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06/2020 01

Warburg Pincus steps in to save creation of £44bn wealth management giant

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Warburg Pincus has stepped in to save a deal to create a £44bn wealth management firm through the merger of Tilney...

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05/2020 27

KKR launches $1bn European data centre buyout strategy with industry veteran Sodzawiczny

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Global private equity giant KKR has committed $1bn to a new strategy of buying up European data centres

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05/2020 22

KKR seals its biggest Asia deal with $1.5bn investment in Reliance’s Jio unit

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KKR has become the latest in a string of private equity investors to make big-money bets on Indian ...

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05/2020 21

Warburg leads $75m BetterCloud financing as work from home boom accelerates digital workplace shift

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Warburg Pincus has led a $75m financing round for digital workplace management and security software business BetterCloud.

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05/2020 19

Advent’s $1.9bn Forescout buyout becomes latest coronavirus dealmaking casualty

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Advent International has become the latest private equity major to halt a major buyout deal in the face of coronavirus, after breaking off an agreement for the $1.9bn acquisition of cybersecurity company ForeScout Technologies.

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05/2020 14

Permira takes advantage of coronavirus remote working surge with €1bn TeamViewer stake sale

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Private equity house Permira is continuing to take advantage of the rise in remote working caused by the coronavirus

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05/2020 13

Thompson Street acquires data security software solution developer PKWARE

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US-based private equity firm Thompson Street Capital Partners has acquired data security software solution developer

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05/2020 12

KKR buys back into struggling German broadcaster ProSiebenSat.1

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KKR is building back up its stake in struggling German broadcaster ProSiebenSat.1 Media, six years after exiting...

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05/2020 07

Warburg said to eye international oil, gas asset selloff as coronavirus hits demand

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US private equity giant Warburg Pincus is reportedly eyeing the sale of the majority of its international oil and gas...

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05/2020 06

Permira said to pull out of Healius medical centres bidding

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European private equity major Permira has reportedly pulled out of the bidding for the medical centres unit of Australia’s Healius, which had been expected to sell for about A$500m.

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04/2020 29

Warburg Pincus makes “major” investment into gene and cell therapy company

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Global private equity house Warburg Pincus has made a “major investment” into Polyplus-transfection SA

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04/2020 29

04/2020 23

Thoma Bravo closes deal for construction collaboration company Command Alkon

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Technology-focused private equity firm Thoma Bravo has finished the acquisition of Command Alkon

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04/2020 22

CVC taps Fund 7 to buy popular Greek e-commerce site Skroutz

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CVC Capital Partners has tapped its €16.4bn Fund VII to acquire Greece-base e-commerce platform Skroutz.

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04/2020 21

KKR taps Americas Fund to buy $500m convertible stock in US Foods

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KKR has acquired $500m in newly issued convertible stock in US Foods, which supplies food to more than 300,000 restaurants

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04/2020 17

Apollo said to eye $10bn valuation for Rackspace as it preps for IPO

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Apollo Global Management is reportedly readying a potential IPO of cloud services business Rackspace which could...

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