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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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Bain Capital, Carlyle Group and Cerberus Capital Management Set to Make Bids for Adani Capital

Private Equity Insights

Three private equity groups are reportedly all set to make their binding bids for Gautam Adani’s six-year-old shadow bank, Adani Capital. Adani Capital was planning on an initial public offering (IPO) in 2024 to raise Rs 1,500 crore, and offering a 2 per cent stake. Source: Business Today Can’t stop reading?

Bidding 236
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Focus Group founders dial up £800m sale to private equity firm Hg

Private Equity Insights

The founders of a business telecoms and IT services provider are on the brink of toasting a nine-figure windfall after entering advanced talks to sell it to one of Britain’s leading private equity firms. It was unclear on Wednesday whether Bowmark would roll over its stake as part of the deal.

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Goldman Sachs Raises $15bn to Buy Stakes in Private Equity Funds

Private Equity Insights

.” The aggregate value of private equity deals plunged 44% to $302.7bn in the first eight months of 2023 from a year earlier, according to S&P Global Market Intelligence, the lowest level for the first eight months of a year since 2019. Source: VCCiRCLE Can’t stop reading? s successful tender offer for Toshiba Corp.

Stakes 200
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Waterstones’ private equity owner Elliott joins £500m takeover race for Reiss

Private Equity Insights

The business, which owns book retailers Foyle’s and Waterstones, has reportedly said it would be interested in buying Reiss for upwards of £500m from Next and its other shareholder private equity firm Warburg Pincus, Sky News reported. Source: Drapers Can’t stop reading?

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Blackstone-backed Prima seeks bids for minority stake in $1.1bn deal

Private Equity Insights

Prima Assicurazioni, an insurance start-up backed by some of the world’s largest private equity firms, is seeking indicative offers this week to bring in a new minority investor and raise fresh cash, two people close to the matter told Reuters. sports Source: Reuters Can’t stop reading?

Bidding 130
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PAI Partners Bids for Stake in €760m-Revenue Naxicap-Backed ECF Group

Private Equity Insights

PAI Partners has made a binding offer for a majority stake in Naxicap Partners-owned hospitality equipment and consumables business ECF Group. Read more Hidden River Strategic Capital concludes its inaugural fund at $245m Hidden River Strategic Capital, a Philadelphia-based investment firm, announced that its inaugural.

Bidding 130