Remove Buyout Remove Investment Banking Remove Investment Firms
article thumbnail

Wealthy Families Fuel $20bn Private Equity Buyout Wave

Private Equity Insights

Ultra-rich individuals and families worth more than $150bn are helping drive a resurgence in private equity buyouts, providing capital for some of the year’s biggest acquisitions to overcome a tough dealmaking environment. They’ve made a mark on Wall Street as go-to sources of capital for investment firms like KKR & Co.

Buyout 130
article thumbnail

Blackstone Eyes $10bn+ Private Loan Deal in Europe and US

Private Equity Insights

This week alone, Bloomberg News reported on direct-lending firms working on plans for potential multi-billion dollar buyouts of Adevinta, Kereis and Iris Software. The industry growth is being driven by investment bank caution around underwriting leveraged buyouts given volatile market conditions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bain Capital Eyes $6bn Exit for Varsity Brands

Private Equity Insights

Bain has been interviewing investment banks to hire financial advisers that will help the private equity firm come up with a plan to cash out on its majority stake in Varsity Brands, the sources said. Buyout firms have been actively seeking exits from apparel businesses this year.

article thumbnail

KKR helps JPMorgan Seal $5bn Victory over Private Credit

Private Equity Insights

A roughly $5 billion debt deal for the buyout of health-care tech company Cotiviti Inc. was poised to become the largest such financing ever provided by private credit firms when first contemplated last year. The about-turn in the closely watched financing is the result of a tie-up between private equity firms KKR & Co.

article thumbnail

Star Mountain Capital taps former Fortress MD 

Private Equity Wire

Private credit and secondaries investment firm Star Mountain Capital has promoted Curtis Glovier to Managing Director and Strategic Portfolio Officer, based between New York and Florida. Glovier was most recently a senior advisor at the firm, having joined in 2020, according to his LinkedIn profile.

Capital 96
article thumbnail

Levine Leichtman Capital Partners explores 2bn sale of tropical smoothie cafe

Private Equity Insights

Buyout firm Levine Leichtman Capital Partners has hired investment bank Robert W. Reuters reported last week that the investment firms that own Chuck E. The private equity owner of Tropical Smoothie Cafe is preparing to put the U.S. Dealmaking in the U.S. billion.

article thumbnail

New Catalyst makes key new hires

Private Equity Wire

New Catalyst Strategic Partners, an alternative investment firm focused on acquiring economic interests and minority ownership stakes in private investment firms, has added Ali Gray, Alice Wang and Curtis Yasutake to its team. The firm has also announced the addition of Monica Davis as Operating Partner.

Buyout 98