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Ascential unit attracts at least two bids as other buyers drop out, with a price tag of $1.02bn

Private Equity Insights

The London-based private equity firm was in the second stage of bidding for WGSN, which has a price tag of 800 million pounds ($1.02 media group Hearst Communications also abandoned plans to pursue a bid, one of the sources and a fourth source familiar with the matter said. billion), they said. read more H.I.G.

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US fund KKR secures control in takeover bid for Portugal’s Greenvolt

Private Equity Insights

private equity fund KKR announced on Thursday a full takeover bid for Portuguese renewable energy company Greenvolt (GVOLT.LS) that values the firm at 1.16 euros on Euronext Lisbon before paring gains to stand 9.3% Earnings before interest, taxes, depreciation and amortisation (EBITDA) fell 3.3%

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TA Associates and Warburg Pincus mull $2bn Procare sale

Private Equity Insights

Private equity firms TA Associates and Warburg Pincus are exploring a sale of portfolio company Procare Solutions, a provider of child-care management software, that could value the business at nearly $2bn, including debt, according to a report by Reuters.

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Blackstone, EQT, and THL in $1.5-$2bn Race to Acquire German Power Electronics Firm

Private Equity Insights

Private equity firms Blackstone Inc , EQT and THL Partners are competing against large U.S. industrial automation firms to acquire German power electronics firm EA Elektro-Automatik, according to people familiar with the matter. Source: Reuters Can’t stop reading? read more Blackstone, EQT, and THL in $1.5-$2bn

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Silver Lake to explore the sale of tax-free shopping firm Global Blue Valued at around $1bn

Private Equity Insights

Private equity firm Silver Lake is preparing to explore a sale of Global Blue Group Holdings Ltd, a company that enables retailers to offer tax-free shopping after receiving expressions of interest from potential acquirers, people familiar with the matter said on Tuesday. billion valuation.

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Thoma Bravo exits financial risk software company Adenza to Nasdaq for $10.5bn

Private Equity Insights

Nasdaq is acquiring financial risk software company Adenza for $10.5bn in its largest-ever such deal, from private equity firm Thoma Bravo. Adenza, which is owned by private equity firm Thoma Bravo, is expected to generate $590mn in revenue and $300mn in cash flow this year, Nasdaq said. times EBITDA.

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Permira-Backed Alter Domus Explores Sale of Stake, Valued at $4.4bn+

Private Equity Insights

They have now revived the sale process, inviting private equity funds to bid for the business, the people said. It is on track to post EBITDA well in excess of $226m and could fetch a multiple of more than 20 times core earnings, two of the people said. Earlier this year, Reuters reported that buyout group Thomas H.

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