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

Private Equity Insights

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. KKR and Stonepeak tabled a final offer of 49.4p

Buyout 147
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Top private equity news of the week

Private Equity Insights

The $6bn sale of the iconic Italian brand, owned by Capri Holdings, has attracted high-profile bidders, including Prada Group, Investcorp, and private equity firm Permira. Barclays, which is managing the process, expects final bids in February 2025.

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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. agreed to buy a Permian Basin rival and a controlling stake in. Billion Loan for AirTrunk Bid Private equity firm Blackstone Inc.

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PEP makes $780m takeover bid for SG Fleet

Private Equity Wire

Australian vehicle leasing and management company SG Fleet has entered exclusive negotiations with Pacific Equity Partners (PEP) following a takeover proposal from the private equity firm that values the company at around AUD1.2bn (US780.1m).

Bidding 97
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EQT tops Bundesliga media rights bidding at $14bn, trailed by CVC, Blackstone, and Advent

Private Equity Insights

EQT AB is leading the bidding as private equity firms compete for a stake in the media rights business of the Bundesliga, Germany’s main football competition, people with knowledge of the matter said. David Blitzer, a senior executive at Blackstone, owns a stake in German football team FC Augsburg.

Bidding 276
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Fuji Soft backs Bain in PE bidding war

Private Equity Wire

Japanese IT company Fuji Soft’s founding family has reaffirmed its support for a takeover proposal by private equity firm Bain Capital, despite opposition from Fuji Soft’s board, according to a report by Reuters citing a jointly released statement with Bain. Bain’s bid aims to acquire 50.1%

Bidding 96
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Update: KKR raises offer for Fuji Soft, outbidding Bain in $2bn takeover battle

Private Equity Insights

KKR has increased its bid for Japanese IT firm Fuji Soft to JPY9,850 per share, surpassing Bain Capitals latest offer in an escalating $2bn takeover contest. Bain had recently raised its bid to JPY9,600 per share, but KKRs latest move represents a more than 4% increase over its prior JPY9,451 per share offer.