News

10/2021 18

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.

Full article   

10/2021 12

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. 

Full article   

10/2021 11

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....

Full article   

10/2021 08

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.

Full article   

09/2021 22

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.

Full article   

09/2021 17

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.

Full article   

09/2021 15

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...

Full article   

09/2021 14

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

Full article   

09/2021 10

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...

Full article   

08/2021 27

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.

Full article   

08/2021 26

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.

Full article   

08/2021 25

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. 

Full article   

08/2021 23

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...

Full article   

08/2021 19

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...

Full article   

08/2021 18

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...

Full article   

08/2021 17

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

Full article   

08/2021 12

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

Full article   

08/2021 10

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

Full article   

08/2021 03

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

Full article   

07/2021 30

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

Full article   

07/2021 28

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...

Full article   

07/2021 27

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...

Full article   

07/2021 23

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...

Full article   

07/2021 19

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”...

Full article   

07/2021 15

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...

Full article   

07/2021 13

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.

Full article   

07/2021 02

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

Full article   

06/2021 28

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.

Full article   

06/2021 11

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

Full article   

06/2021 11

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

Full article   

06/2021 10

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 ...

Full article   

06/2021 04

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 ...

Full article   

06/2021 03

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.

Full article   

05/2021 26

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...

Full article   

05/2021 19

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.

Full article   

05/2021 17

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....

Full article   

05/2021 12

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

Full article   

05/2021 12

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....

Full article   

05/2021 11

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.

Full article   

05/2021 10

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...

Full article   

05/2021 07

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...

Full article   

05/2021 03

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

Full article   

04/2021 26

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

Full article   

04/2021 23

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...

Full article   

04/2021 23

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

Full article   

04/2021 20

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 

Full article   

04/2021 07

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.

Full article   

03/2021 23

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.

Full article   

03/2021 18

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.

Full article   

03/2021 04

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.

Full article   

03/2021 03

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...

Full article   

02/2021 17

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.

Full article   

02/2021 15

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....

Full article   

02/2021 02

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

Full article   

01/2021 25

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.

Full article   

01/2021 15

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

Full article   

01/2021 12

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

Full article   

01/2021 11

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...

Full article   

01/2021 07

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.

Full article   

12/2020 29

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

Full article   

12/2020 21

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.

Full article   

12/2020 21

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...

Full article   

12/2020 18

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 

Full article   

12/2020 16

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

Full article   

12/2020 14

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.

Full article   

12/2020 09

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

AltAssets

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

Full article   

11/2020 30

Blackstone closes acquisition of credit investing firm DCI

AltAssets

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

Full article   

11/2020 27

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

Full article   

11/2020 27

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...

Full article   

11/2020 24

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

Full article   

11/2020 20

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.

Full article   

11/2020 16

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...

Full article   

11/2020 16

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.

Full article   

11/2020 11

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.

Full article   

11/2020 05

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.

Full article   

11/2020 03

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.

Full article   

10/2020 30

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 ...

Full article   

10/2020 30

Morgan Stanley Capital Partners completes investment into US Healthconnect

AltAssets

 Morgan Stanley Capital Partners has completed an investment into US HealthConnect

Full article   

10/2020 26

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.

Full article   

10/2020 16

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.

Full article   

10/2020 16

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.

Full article   

10/2020 12

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.

Full article   

10/2020 09

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.

Full article   

10/2020 05

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...

Full article   

10/2020 02

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.

Full article   

09/2020 30

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.

Full article   

09/2020 28

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 ...

Full article   

09/2020 24

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...

Full article   

09/2020 24

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.

Full article   

09/2020 21

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.

Full article   

09/2020 18

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 ...

Full article   

09/2020 18

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. 

Full article   

09/2020 07

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 

Full article   

09/2020 03

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.

Full article   

08/2020 28

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 

Full article   

08/2020 24

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

Full article   

08/2020 21

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. 

Full article   

08/2020 13

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

Full article   

08/2020 10

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...

Full article