News

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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04/2020 15

Airbnb gets $1bn private equity-backed loan, just days after agreeing $1bn debt deal

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A string of private equity majors have agreed a $1bn loan for struggling home rental business Airbnb...

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04/2020 14

Blackstone backs biopharma business Alnylam with up to $2bn

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Blackstone has agreed to provide biopharma business Alnylam Pharmaceuticals with up to $2bn to support the company’s development of medicines targeting patients suffering from debilitating diseases.

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04/2020 09

Investcorp expands cybersecurity exposure with $180m Avira buyout

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Europe-focused Investcorp Technology Partners has agreed a $180m buyout of German cybersecurity business Avira. 

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04/2020 07

Airbnb gets $1bn Silver Lake, Sixth Street Partners investment amid coronavirus-based home rentals slump

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Airbnb has picked up a $1bn equity and debt investment from private equity house Silver Lake and multi-asset investor ...

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04/2020 07

Warburg Pincus leads $80m round for NHS data privacy software provider Privitar

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Data privacy platform Privitar has picked up an $80m Series C round led by global private equity house Warburg Pincus.

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04/2020 03

Morgan Stanley Capital Partners sells Pathway Vet Alliance stake to TSG

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Morgan Stanley Capital Partners has sold a majority stake in Pathway Vet Alliance to TSG Consumer Partners. The company

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03/2020 27

TPG-backed Cirque du Soleil said to consider bankruptcy filing amid coronavirus crisis

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The world-famous Cirque du Soleil could be a big casualty of the coronavirus after it was revealed the private equity...

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03/2020 24

PE debt prompts Neiman Marcus bankruptcy talks – report

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Private equity-backed Neiman Marcus Group has reportedly entered talks with lenders to file for bankruptcy

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03/2020 20

CVC said to join iDreamSky for $1.3bn Leyou Technologies takeover

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CVC Capital Partners and Tecent-backed iDreamSky Technology are reportedly bidding to take videogame maker...

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03/2020 19

KKR agrees £4.2bn carve-out deal for Pennon Group’s Viridor

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Private equity giant KKR has agreed a £4.2bn deal to buy Pennon Group’s recycling and residual waste businesses.

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03/2020 17

Walmart said to press on with £7bn Asda sale process despite coronavirus tightening debt markets

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A string of private equity giants have reportedly made it through to the next stage of bidding for Walmart’s UK supermarket chain Asda in a deal which could value it at more than £7bn.

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03/2020 16

Advent International buys into TA Associates-backed Conservice

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Global private equity major Advent International has agreed to invest in TA Associates-backed Conservice...

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03/2020 10

Blackstone buys into HealthEdge to scale business into market leader

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Blackstone has picked up a majority stake in healthcare administration software provider HealthEdge.

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03/2020 06

Goldman Sachs said to be in talks for Permira stake acquisition

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One of Goldman Sachs’ investment units is said to be in talks to buy a stake in Permira

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03/2020 04

Permira secures $700m through TeamViewer minority stake sale – report

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Private equity major Permira has reportedly taken advantage of the drive towards remote working prompted by the...

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03/2020 03

Warburg buys into India-based tyre giant amid reported fundraise dedicated to country

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Warburg Pincus has made an INR10.8bn ($150m) investment in India’s Apollo Tyres amid the firm reportedly

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02/2020 18

Alstom’s €7.5bn Bombardier rail unit buyout sees CDPQ become company’s biggest shareholder

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Caisse de dépôt et placement du Québec has become the biggest investor in French train maker Alstom as part of the company’s €7.5bn buyout of Canadian industry peer Bombardier’s rail unit.

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02/2020 17

Permira in exclusive talks for Education First China unit carve out – report

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Private equity major Permira is reportedly in exclusive talks with language tutor business Education First for a carve...

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02/2020 11

KKR rules out NMC Healthcare bidding, a day after company said it was interested

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KKR has ruled itself out of the bidding for troubled UAE hospital business NMC Healthcare, a day after the company said

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02/2020 10

Advent seals double deal for fitness management software pair Zingfit, Triib

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Advent International has made another two investments in the boutique fitness management software sector by picking ... 

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02/2020 10

KKR revealed as early bidder for Middle East healthcare major NMC following heavy share slump

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KKR is up against GK Investment in early bidding for the largest private healthcare company in the United Arab Emirates,

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01/2020 28

Warburg to invest $300m in Scale Microgrid Solutions

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Global private equity major Warburg Pincus has agreed to invest up to $300m in distributed clean energy and microgrid...

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01/2020 28

Blackstone back with $1.75bn Unizo offer to beat out preferred Lone Star deal

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Blackstone has upped its offer for Japanese hotel operator Unizo to JPY191.6bn ($1.75bn) to beat out the currently ...

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01/2020 24

Axel Springer set to delist from stock exchange following €6.8bn KKR buyout

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German media business Axel Springer is set to delist from the Frankfurt Stock Exchange as a part of its €6.8bn buyout by private equity giant KKR.

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01/2020 20

Enterprise Investors scores 9x return selling prefab house maker Danwood

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Polish private equity player Enterprise Investors has scored an impressive 9x return selling prefab housing maker Danwoo

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01/2020 17

Accenture completes buyout of Riordan, Lewis & Haden portfolio business Clarity Analytics

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Riordan, Lewis & Haden Equity Partners has completed an exit of deep data and AI analytics provider Clarity Analytic

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01/2020 15

Blackstone leads $850m recapitalisation for solar energy player Altus Power

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Global buyout giant Blackstone has led an $850m recapitalisation of solar power business Altus Power America.

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01/2020 10

CVC makes first deal from new growth fund with $200m EcoVadis investment

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CVC Capital Partner’s growth arm has sealed one of the biggest investments in the ESG space to date with its $200m backing of supply chain sustainability ratings company EcoVadis.

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01/2020 09

Permira majority investment values Lytx at $2.5bn

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Global buyout house Permira has bagged a majority stake in Lytx through a deal which values the video telematics....

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01/2020 06

CDPQ, Inovia Capital back home care software business AlayaCare

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Canadian pension fund CDPQ has teamed with Inovia Capital to invest $37m in home care software provider AlayaCare.

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12/2019 13

GIC to buy $1bn European logistics real estate portfolio from Apollo

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Singapore’s sovereign wealth fund, GIC has agreed to buy a European logistics real estate portfolio from private equity major Apollo Global Management for close to €950m ($1bn).

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12/2019 12

Oakley Capital seals 6.7x return selling WebPros to CVC Capital Partners

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Oakley Capital has made a hefty 6.7x money multiple selling its stake in web hosting automation software business WebPro...

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12/2019 11

Pamplona Capital picks fitness streaming platform iFit for $200m investment

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Pamplona Capital Management has completed a $200m investment in connected fitness streaming platform iFit. 

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12/2019 04

KKR looks to fix growing water pollution hazard with XPV team-up

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Global buyout house KKR has launched a wastewater treatment platform with XPV Water Partners 

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12/2019 03

Blackstone taps Tac Ops fund for £100m HH Global investment

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Global buyout giant Blackstone has tapped its Tactical Opportunities fund for a £100m investment in outsourced

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11/2019 26

KKR taps $13.9bn Americas XII Fund for Novaria Group buyout

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KKR has agreed to buy specialty aerospace hardware manufacturer, Novaria Group

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11/2019 25

Blackstone chips in $400m for gene therapy JV with Ferring

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Private equity giant Blackstone will invest $400m in a joint venture with Swiss pharmaceutical company Ferring, to support the development of an experimental gene therapy for bladder cancer.

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11/2019 22

Warburg said to prep sale, IPO of Avaloq two years after buying into business

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Warburg Pincus is reportedly planning a sale or IPO of Swiss banking software and services business Avaloq...

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11/2019 20

Advent to build up hair care brand following Olaplex buyout

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Alternative assets giant Advent International has agreed to buy professional hair care brand Olaplex.

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11/2019 15

Advent eyes international expansion of fitness software startup Mariana Tek following buyout

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Buyout major Advent International has agreed a deal for US fitness studio software developer Mariana Tek.

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11/2019 12

KKR said to plot world-record $70bn LBO of Walgreens Boots, raising spectre of bruising $45bn TXU disaster

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The biggest leveraged buyout deal in history could be on the cards after private equity giant KKR reportedly 

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11/2019 11

Blackstone seals $3bn deal for Bumble owner

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Private equity giant Blackstone has agreed to buy a majority stake in MagicLab, the owner of dating social network Bumble, in deal that values the business at $3bn. 

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11/2019 07

Blackstone keeps pressure on buyout target Unizo after company misses deadline over $1.6bn takeover offer

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Private equity giant Blackstone is reportedly keeping up pressure on Japanese hotel operator Unizo after the company missed a deadline with conditions set for its proposed $1.6bn takeover.

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11/2019 04

US opens national security probe into PE-backed TikTok deal – report

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The US government has reportedly launched an investigation into private equity-backed TikTok’s $1bn buyout of US...

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11/2019 04

Mid Europa exits Walmark in sale to trade buyer

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Mid Europa Partners has agreed to sell CEE-focused consumer healthcare business Walmark to German pharmaceutical company STADA Arzneimittel.

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11/2019 01

PE consortium packs minority investment into Herschel Supply Co

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A consortium of private equity investors has agreed to make an minority investment in Canadian backpack maker Herschel Supply Co.

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10/2019 25

KKR-backed SoftwareONE seals standout European IPO following wave of cancellations

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KKR-backed software and cloud tech management business SoftwareONE has sealed a standout IPO on the Swiss bourse...

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10/2019 23

Blackstone, CVC said to eye $10bn-plus valuation from potential Paysafe IPO

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Blackstone and CVC are reportedly hunting for underwriters for an IPO of payments processing business Paysafe Group...

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10/2019 21

Warburg-backed ESR Cayman relaunches scrapped IPO, could reach $6.74bn market cap

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Warburg Pincus-backed logistics real estate developer ESR Cayman has relaunched its scrapped IPO from a few months ago, targeting an even larger $1.45bn.

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10/2019 18

Warburg Pincus picks up supply chain software business Softeon

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Private equity major Warburg Pincus has revealed it has bought a minority stake in supply chain software business Softeo

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10/2019 14

Thoma Bravo to take Sophos back under PE ownership in $3.8bn buyout

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Thoma Bravo is the latest private equity house to take ownership of cybersecurity business Sophos after agreeing a $3.8b

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10/2019 08

Advent buys drug ingredient business ICE, valuation said to be €600m

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Advent International has tapped its $17.5bn GPE IX fund to buy drug ingredient business Industria Chimica Emiliana.

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09/2019 30

Blackstone pays $5.9bn for Colony Capital’s industrial real assets unit

Blackstone has agreed a $5.9bn buyout of Colony Capital’s industrial real estate assets and affiliated operating...

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09/2019 30

Warburg seals strong inexio return in sale to EQT infra, deal valued at about €1bn – source

Warburg Pincus has sealed a strong return on the roughly €1bn exit of fibre-optic network business inexio to EQT ...

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09/2019 24

Permira set for big win with imminent TeamViewer IPO, valuation could reach €5.3bn

Permira-backed German software business TeamViewer looks set to price its imminent IPO to give it a valuation of up to ....

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09/2019 20

Blackstone sells part of ATM business NCR stock in $302m deal

Blackstone has agreed to sell part of its stock in ATM and point-of-sale terminal business NCR Corp back to the business in a $302m deal.

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09/2019 17

Advent secures £4bn Cobham takeover

Private equity fund manager Advent International has finally closed a £4bn deal to buy British defence and aerospace

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09/2019 17

Blackstone follows record $20.5bn RE fund close with $6.5bn Dream Global REIT buy

Blackstone has followed the record-breaking $20.5bn final close of its latest real estate fund by picking up the Toronto-listed Dream Global REIT ... 

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09/2019 17

GenNx360 Capital picks up Schneider Packaging Equipment as Fund III raise continues

GenNx360 Capital Partners has picked up specialist equipment maker Schneider Packaging Equipment Company

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