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Private equity firm Naxicap acquires VuWall to strengthen control room technology offerings

Private Equity Insights

VuWall, a leader in video wall control and visualisation solutions, has been acquired by Naxicap, a private equity firm specialising in mission-critical technology.

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Axel Springer considers sale of Awin as private equity eyes marketing assets

Private Equity Insights

The move follows the restructuring deal that saw CEO Mathias Doepfner and Friede Springer take control of the media segment, including Bild and Politico, while private equity firm KKR and co-investor CPPIB acquired 90% of the classified business, comprising job site StepStone and real estate ads platform Aviv.

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Private Equity Firm Francisco Partners Buys IBM Weather Business at a Value of Around $1BN

Private Equity Insights

International Business Machines has agreed to sell its weather business to private equity firm Francisco Partners for an undisclosed sum, the technology services giant said on Tuesday.

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OpenAI appoints Adebayo Ogunlesi to board, highlighting AI infrastructure focus

Private Equity Insights

GIP, a private equity firm managing over $100bn in assets, owns stakes in Gatwick Airport and offshore wind projects. OpenAI has added Adebayo Ogunlesi, CEO of Global Infrastructure Partners, to its board. Ogunlesi will help the company secure the infrastructure needed to advance artificial intelligence development.

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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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European private equity deals surge by 78% amid economic challenges

Private Equity Insights

Private equity firms have driven buyout activity to $133bn in 2024, a 78% increase compared to the previous year. Key deals during the year included a $6.9bn investment in Hargreaves Lansdown and a $5.5bn acquisition of cybersecurity firm Darktrace by Thoma Bravo.

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Continuation funds emerge as a key strategy in private equity’s long-term growth playbook

Private Equity Insights

Private equity firms are increasingly using continuation funds to extend ownership of portfolio companies. These funds, which saw rapid growth between 2019 and 2021, provide fresh capital to high-potential assets, ensuring continued value creation.