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Altamont bolsters new reinsurance broker Augment with $100m Funding from Private Equity firm Altamont Capital Partners

Private Equity Insights

The firm announced its official entrance into the market, fortified by a funding injection of up to $100m provided by private equity firm, Altamont Capital Partners. Augment, in its bid to shift from a product-centric to a client-centric approach, offers more than just reinsurance.

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EY Rejects TPG's Bid For its Consulting Business

The Motley Fool

In the latest round of declaring their newly renewed everlasting love, EY recently rejected a bid from private equity giant TPG to take a stake in the consulting business and complete the firm's now-scrapped divorce, according to a report Wednesday from the Financial Times.

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Blackstone and Reliance in $10bn Bidding War for Disney India

Private Equity Insights

Disney has been exploring options to sell or find a partner for its India assets, Reuters reported in July, and has held talks with billionaires Gautam Adani and Sun TV Network-owner Kalanithi Maran as well as private equity firm Blackstone, according to various media reports. company’s Indian business, Bloomberg reported.

Bidding 130
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HIG and CapVest enter bidding for £900m UK pharmacy wholesaler AAH

Private Equity Wire

Private equity firms HIG and CapVest have joined the competition to acquire AAH Pharmaceuticals, the UK’s largest pharmacy wholesaler, which has been put up for sale just three years after being acquired by German PE firm Aurelius, according to a report by the Financial Times.

Bidding 95
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Apollo Global completes £506m acquisition of Wagamama

Private Equity Insights

Apollo paid shareholders 65p a share in cash, giving TRG, which incorporates Wagamama and the Brunning & Price pub chain, an enterprise value of £701m. Analysts had been divided about the terms of the deal, with some warning it was too low and likely to flush out another bid. Source: TheCaterer Can’t stop reading?

Bidding 130
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Searchlight acquires Gresham House for £470m

Private Equity Insights

Gresham House in July agreed with Seed Bidco Ltd, a newly incorporated entity formed by funds advised by Searchlight at 1,105 pence per share bid. The offer values asset manager Gresham at around £469.8m on an enterprise value basis. higher at 1,064.25 higher at 1,064.25 on a fully diluted basis, or £440.6m

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Altamont bolsters new reinsurance broker Augment with $100m Funding

Private Equity Insights

The firm announced its official entrance into the market, fortified by a funding injection of up to $100m provided by private equity firm, Altamont Capital Partners. Augment, in its bid to shift from a product-centric to a client-centric approach, offers more than just reinsurance.