This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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. The shift is catching the eye of major investmentbanks. stake in the supermarket to existing owners.
The report cites unnamed sources familiar with the matter as revealing that the private equity firms have started consulting with investmentbanks in preparation for a potential sale process, expected to begin in early 2025. Clearlake Capital and Blackstone acquired minority stakes in 2018 and 2020, respectively.
Secondary funds offer pension funds and other investors the chance to secure an early exit from private equity buyoutinvestments, which typically lock up investor cash for more than a decade, and have become increasingly common as institutional investors have upped their PE allocations in recent years.
BlackRock made headlines in late 2024 through the firms acquisition of HPS Investment Partners , backed by their expectation that the private debt market will more than double to $4.5 In late 2024, Wendel Group acquired a majority stake in Monroe Capital , and Third Point (Dan Loebs hedge fund) acquired AS Birch Grove.
Buyout firm L Catterton, backed by luxury conglomerate LVMH, is to acquire a majority stake in the pilates studio operator Solidcore from VMG Partners, Peterson Partners, and Kohlberg & Company in a deal that values the fitness chain at $700m, according to a report by Reuters.
Recent investments under this strategy include a $400m capital injection into football helmet maker Riddell and an equity stake in GSE Worldwide, a sports talent and marketing agency. BC Partners has also entered a strategic financing alliance with investmentbank Piper Sandler to support banks and specialty finance companies.
Ardian raises over $20bn for secondaries fund the Paris-based PE firm has set a target for the fund of $25bn French group Ardian has amassed more than $20bn to buy stakes in private equity funds from investors, highlighting a corner of finance that is defying the broader slump in fundraising.
Shares of Macy's (NYSE: M) were surging today after the department-store chain received a buyout offer from two private equity firms. Macy's gets a sweet offer The buyout offer from real estate investor Arkhouse Management and asset manager Brigade Capital Management values the company at $21 a share, or $5.8 as of 12:44 p.m.
A roughly $5 billion debt deal for the buyout of health-care tech company Cotiviti Inc. Multibillion-dollar buyout financings that once required banks to act as intermediaries between a borrower and investors can now be provided by a small group of private lenders or even syndicated by private equity firms directly to debt buyers.
The private equity firm is speaking with investmentbanks about its options for Regnology and could launch an auction as early as the second half of this year, three of the people said, speaking on condition of anonymity. billion pounds, while Blackstone acquired UK-based software firm Civica for $2.5 billion.
Carlyle, a private-equity firm, has been interviewing investmentbanks to hire a financial advisor that will run a sale process for Every Man Jack, the sources said, cautioning that no deal is certain. Carlyle told its staff last month it would not make new investments in U.S.
Bain has been interviewing investmentbanks 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. New Era Cap, a supplier of major U.S.
The private equity owners of Stada are close to mandating investmentbanks to sell the German generic drugmaker or list it on the stock exchange, newspaper Handelsblatt reported on Wednesday, citing financial sources. A spokesperson for Cinven could not immediately be reached for comment. bn) in a transaction. Source: Yahoo!
Buyout firms TA Associates and Warburg Pincus have hired investmentbank William Blair to advise Procare on its sale process that is expected to launch after Labor Day, the sources said, requesting anonymity because the matter is confidential. TA Associates took a majority stake in Procare in May 2015.
The private equity-backed company, which is led by Texas billionaire businessman Timothy Dunn, has initiated discussions with investmentbanks about hiring advisers to run a sale process that will kick off by early 2024, the sources said. oil and gas producer going back at least three years.
Investmentbank Morgan Stanley is advising CCC on its talks with potential acquirers, which include other buyout firms, the sources said, adding that no deal is certain. CCC representatives did not immediately respond to a request for comment, while Advent, which holds a 56% stake in the company, declined to comment.
But in the investmentbanking world, the best time to finalize potential mergers or acquisitions is over the weekend, as markets aren't open and companies don't have to worry about the potential for leaked information to cause an immediate spike in share prices. Most people do their best not to do too much work on the weekends.
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.
Adenza’s software is used by large banks to manage post-crisis regulations and will be included in Nasdaq’s “solutions” business that accounts for more than 70 per cent of the New York-based group’s revenues.
THL mulls $1.5bn sale of healthtech Nextech Submitted 29/06/2023 - 10:25am Private equity firm THL Partners is working with investmentbank William Blair over a potential sale of healthcare software provider Nextech Systems that could value the company at around $1.5 billion, according to a report by Reuters. Like this article?
Whereas Kleinman went in hard with his warning that “everything is not going to be okay” for buyout firms, Stavros joined in with the concession that his industry may have gotten “too creative” lately. When buyout groups do look to sell, PIKs, NAV loans and other kinds of excess baggage are creating obstacles.
In May, BCI sold stakes in private equity funds to French buyout firm Ardian for more than US$1 billion. And late last year, CPPIB, which invests on behalf of the Canada Pension Plan, sold Ardian a diversified portfolio of limited partnership fund interests in mostly North American and European buyout funds for around US$2 billion.
Former owner Rick Walter, who retains a 25% stake, says the investment “has taken a lot of stress out of the business.” ” With the added capital, Rite Way expanded services, added more trucks, hired more workers, and invested in apprenticeship and training programs for technicians. I’d be out till 9 or 10 p.m.,
So that was a while back, but nonetheless, I don’t know if it was love at first sight, but we got to get along pretty well, and after a few years working for investmentbanks, he then joined Goldman Sachs. I joined, effectively, Deutsche Bank. Private equity at the time was only about buyout and LBO.
By early January 2025, MidEuropa held a 47.83% stake in Diagnostyka, while the companys founders, key management, and board members retained the rest, which was not part of the offering. Diagnostykas financials showed strong momentum, with 2023 revenues of PLN1,597m (381m) and PLN1,460m (348m) recorded in the first nine months of 2024.
The investmentbank is leading a consortium to provide 2.5bn in funding, with 1.5bn earmarked for the purchase of the Capri Holdings-owned fashion house, and the remaining 1bn allocated to revive Versaces performance post-acquisition. Read more here. Can`t stop reading?
FROSTY TIES The only known investment by this fund was a C$722 million ($545.4 million) buyout of Calgary-based CQ Energy in 2017, a private natural gas production services company. The status of this investment is unknown. read more US private equity firm Silver Lake acquires majority stake in Software AG at €2.4
Last fall, the company invited investmentbanks to pitch for roles in an IPO that could have valued the battery maker at US$20 billion, the FT then reported. That day Goldman, which owns a 19 per cent stake in Northvolt through various funds, wrote to its investors explaining that it would mark down to zero its investments.
While secondary sales of private equity fund stakes have surged in the wake of a slowdown in dealmaking, private credit assets have traditionally seen limited movement in the secondary market. However, the markets recent volatility, triggered by shifting trade policies and fluctuating public market valuations, may change that.
They come in, they take a stake in a company. Sometimes it’s a minority stake, sometimes it’s a larger stake, and they help affect this massive change with great results. He was running the h and q investmentbank, and then Roger was my next door neighbor and very good friends with Jim.
The private equity giant is considering joining a consortium of ByteDances international investorsincluding General Atlantic and Susquehanna International Groupwho are spearheading a potential buyout of TikToks US business.
So, I graduated from business school in 1987 and went to GE Capital for two years, financing leveraged buyouts. I mean, you know, I probably shouldn’t have been doing it because I had been a journalist covering public schools and knew nothing about leveraged buyouts. COHAN: Everybody wanted to be an investment banker.
It remains unclear how much additional capital will be required to facilitate the buyout of ByteDances Chinese shareholders and bring the deal in line with US regulatory requirements. The White House has taken an active role in overseeing the deal, engaging at an unprecedented level in discussions typically reserved for investmentbanks.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content