Pension Pulse

SEPTEMBER 12, 2023

Our job is due diligence, and for deals that require a level of speed that makes the due diligence difficult, well, we won’t do the deal. We have submitted bids, but we often come in far below the winning bid and in retrospect we are happy that we’ve missed these investments.”

Portfolios 69

Portfolios Pension Funds Due Diligence Investing 69

Axial

DECEMBER 16, 2024

Limited processes typically result in less competitive bidding, as the smaller pool of buyers gives the seller less leverage in negotiations. This strategy is ideal if you want to generate interest from many buyers and create a competitive bidding environment that drives up the price. If you accept the IOI, it moves to the next stage.

Due Diligence 52

Due Diligence Private Equity Firms Private Equity Firms Bidding 52

Pension Pulse

OCTOBER 23, 2024

Silas Brown and Kat Hidalgo of Bloomberg report Florida pension to offload up to $4 billion of private credit: The Florida State Board of Administration is looking to sell a bundle of private credit stakes worth as much as $4 billion in what would be one of the largest deals of its kind, according to people with knowledge of the matter.

Funds 59

Funds Stakes Due Diligence Assets 59

The Motley Fool

SEPTEMBER 17, 2023

Within about 90 days, it became apparent to me that we had not done sufficient reversed due diligence on our acquirer. This idea of reversed due diligence is like they're asking a bunch of questions trying to figure out who you are and where you fit with cultures like all those things. We managed to still sign and close.

Due Diligence 130

Due Diligence Mergers and Acquisitions Capital Public Companies 130

Private Equity Insights

JANUARY 23, 2025

Bain Capital re-entered the bidding war for Insignia Financial, matching CC Capital Partners revised offer of $1.92bn (AUD3.07bn). premium over the previous closing price and a 7% increase from its initial bid, which was rejected by Insignias board in December. Bains proposal values Insignias shares at AUD4.43

Bidding 130

Bidding Due Diligence Capital Private Equity Firms 130

Private Equity Insights

JANUARY 8, 2025

Bain Capital confirmed on Tuesday that it destroyed the confidential information obtained during the due diligence process, but would continue with the (now hostile) bid for Fuji Soft. Meanwhile, Fuji Soft’s founding family has expressed its support for Bain’s bid. Billion US pipeline operator ONEOK Inc.

Due Diligence 147

Due Diligence Private Equity Firms Private Equity Firms Capital 147

Private Equity Insights

FEBRUARY 20, 2025

The deal, valued at approximately $4.1bn, marks the end of an intense takeover battle with Bain Capital, which ultimately withdrew its bid earlier this week. The private equity firm pursued an unconventional two-stage acquisition process, repeatedly raising its offer in response to Bains competing bids.

Private Equity Firms 147

Private Equity Firms Private Equity Firms Due Diligence Bidding 147

Private Equity Wire

FEBRUARY 21, 2025

US private equity giant KKR has submitted a preliminary 4bn bid to take a majority stake in Thames Water, positioning itself as a leading contender to acquire the embattled UK utility, according to a report by the Financial Times. This bid could involve US hedge funds Elliott Management and Silver Point.

Bidding 72

Bidding Stakes Due Diligence Hedge Funds 72

Private Equity Wire

FEBRUARY 20, 2025

Private equity giant KKR has increased its stake in Japan’s Fuji Soft to nearly 58% following the second stage of a tender offer, effectively ending a heated takeover battle with rival buyout firm Bain Capital for the software developer, according to a report by Reuters. threshold needed to force out remaining shareholders.

Bidding 68

Bidding Stakes Due Diligence Legal 68

Axial

MARCH 20, 2025

Out of those 12 potential buyers, the highest bid came from a private equity firm (a financial buyer) , not a strategic buyer. They chose a strategic buyer that knew the ins and outs of the business and did a significant amount of due diligence before submitting their LOI. But the SunPro/Peakstone team didnt take that offer.

Private Equity Firms 40

Private Equity Firms Private Equity Firms Mergers and Acquisitions High Net Worth Individuals 40