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KKR and Stonepeak secure £1.61bn Assura buyout after bidding war

Private Equity Insights

Despite its substantial asset base, the company employs just 79 people. Jonathan Murphy, CEO of Assura, said the deal would enable the company to accelerate its investment in critical healthcare infrastructure, leveraging the financial and operational support of two highly experienced private equity backers.

Buyout 147
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Blackstone leads $2bn deal for PE-owned accounting firm

Private Equity Insights

A Blackstone-led investor group is acquiring a majority stake in US accounting firm Citrin Cooperman, valuing the company at over $2bn, according to sources cited by the Financial Times on Tuesday. The deal reportedly values the firm at approximately 15 times its EBITDA, up from the 11 times multiple when New Mountain initially acquired it.

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Bridgepoint, Cinven, and TDR circle MyDentist in £800m–£900m private equity auction

Private Equity Insights

HIG Europe also submitted a bid earlier in the process, though its participation in the final stages is uncertain. The auction highlights continued investor appetite for platform healthcare assets, particularly in segments backed by recurring public sector contracts. Palamon acquired the company from Carlyle in 2021.

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Grifols shares plunge as Brookfield drops takeover bid

Private Equity Wire

Grifols shares tumbled 10% on Wednesday after sources revealed that Canadian private investment giant Brookfield Asset Management is planning to abandon its takeover bid for the Spanish pharmaceutical company, according to a report by Bloomberg. Both Grifols and Brookfield declined to comment on the latest developments.

Bidding 97
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I Squared considers $1bn HKBN bid

Private Equity Wire

US investment firm I Squared Capital is considering a bid for Hong Kong-listed broadband provider HKBN, which could value the company at up to $1bn, according to a report by Reuters citing two sources familiar with the matter. This potential higher bid adds a layer of competition to HKBNs lengthy buyout process.

Bidding 96
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HSBC in advanced talks to sell German fund administration unit to BlackFin

Private Equity Insights

The private equity firm is negotiating the acquisition of the unit, which oversees approximately 400bn ($436bn) in assets, Bloomberg reports. Discussions have progressed significantly, and the deal could be completed in the coming weeks. Can`t stop reading?

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Private-equity firm Sycamore Partners mulling Macy’s takeover bid

Private Equity Insights

Private-equity group Sycamore Partners is considering a potential bid to purchase department store chain Macy’s (NYSE:M), according to a report in the New York Post. billion take private bid from investing firm Arkhouse and hedge fund Brigade earlier this month. billion) in assets have.