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
Major transactions included a $6.9bn consortium deal for investment platform Hargreaves Lansdown, a $5.5bn buyout of cyber security company Darktrace by Thoma Bravo, and Brookfield’s $3.8bn investment in French renewable energy developer Neoen. Smaller deals saw faster growth globally than in Europe.
Deals of this magnitude remain uncommon in the buyout world. Its looking like 2025 is going to have a lot of the right conditions, said John Grand, Co-Head of Corporate Practice at lawfirm Vinson & Elkins. Public equities seem overvalued, so people are seeking private deals.
Vitruvian Partners, a PE firm focused on investments in middle market companies, has closed its latest buyout fund, Vitruvian Investment Partnership V (VIP V), at €7.3bn ($8.1bn) in total capital commitments, surpassing its initial target of €6.5bn.
Investment banks, which faced significant losses on risky merger and acquisition (M&A) loans due to a spike in global interest rates, are now aggressively returning to the leveraged buyout (LBO) market — one of the most profitable sectors in finance, according to a report by Bloomberg. Goldman Sachs Asset Management, Blackstone Inc.,
Buyout private equity firms are having difficulty offloading companies and returning cash to investors, with direct lenders including Blackstone, Goldman Sachs Asset Management (GSAM) and Neuberger Berman Group swooping in to provide cash, according to a report by Bloomberg.
Wynnchurch Capital, a middle market private equity firm focused on recapitalisations, growth capital, management buyouts, corporate carve-outs, and restructurings, has closed its sixth private equity fund, Wynnchurch Capital Partners VI, with $3.5bn of capital commitments. Source: Private Equity Wire Can’t stop reading?
Global lawfirm Goodwin has appointed Ian Keefe and George Weavil as Partners within the firm’s private equity practice in its London office, which covers M&A, private investment funds and debt finance.
She will focus on diligence for co-investment, fund and secondary opportunities predominantly in the middle and lower middle-market buyout and growth equity space. He focuses on European investment strategies including venture capital, buyouts and co-investments. from lawfirm Macfarlanes, where he served as Analyst.
Voting for the awards was conducted via an online poll of the entire Private Equity Wire userbase, with participants asked to make their choice from a selection of firms in each category shortlisted by Bloomberg.
Global lawfirm Paul Hastings has added Alexander Temel as a Partner and Global Co-Chair of its private equity practice. In his new role, Temel will serve as a founding member of the firm’s new Boston office.
North Carolina-based private equity firm Falfurrias Management Partners has made a growth investment in capSpire, a provider of commodity and energy trading and risk management services for large portfolios of energy and commodities physical and financial assets.
Voting for the awards was conducted via an online poll of the entire Private Equity Wire userbase, where participants were asked to make their choice among the shortlisted firms in each category. The service provider categories span all the key areas of the broader private equity industry.
Wynnchurch Capital (Wynnchurch), a middle market private equity firm focused on recapitalisations, growth capital, management buyouts, corporate carve-outs, and restructurings, has closed its sixth private equity fund, Wynnchurch Capital Partners VI, with $3.5bn of capital commitments.
International lawfirm McDermott Will & Emery has appointed Fatema Orjela as a partner in the firm’s transactions practice group in London. Ordeal’s practice focuses on private equity transactions and related advisory matters. Orjela provides strategic counsel to European and US private equity sponsors.
Global lawfirm Reed Smith has appointed Tom Whelan as a Partner focusing on private equity in its London office. Whelan joined the firm’s global corporate group from McDermott Will & Emery (MWE), where he was also a Partner.
Lawfirm Jackson Walker has hired Patrick H Rose, IV as Partner in the corporate & securities practice group in its Dallas office. Rose most recently served as Partner at US lawfirm BakerHostetler.
“Integris is a world-class platform that excels in delivering expert outsourced IT services and customer support in an industry with significant growth potential,” Eric Haley, head of buyout at Omers Private Equity, said in the statement. About Frontenac Frontenac is a Chicago-based private equity firm. domain.com.
Voting for the awards was conducted via an online poll of the entire Private Equity Wire userbase, where participants were asked to make their choice among the shortlisted firms in each category.
Scrivani was most recently a partner at international lawfirm Paul, Weiss, Rifkind, Wharton & Garrison. Scrivani advises private equity firms and public and private clients on leveraged buyouts and other private equity transactions, public company acquisitions, sales and divestitures and mergers of equals.
Global lawfirm White & Case is expanding its global debt finance practice and has appointed Lauren Winter, who has joined from Shearman & Sterling where she was Counsel, as a Partner in London. White & Case has dedicated bank lending, private credit & direct lending and borrower finance teams.
Lawfirm King & Spalding has brought in Daniel Daneshrad as a fund formation partner in its New York office. The post King & Spalding brings in Daneshrad as fund formation partner appeared first on AltAssets Private Equity News.
Global lawfirm Ropes & Gray has named 12 of its existing attorneys as the firm’s latest Partners, effective 1 November, including several whose practices cater for private equity and other private credit and private fund clients. She brings a deep understanding of technology and consumer brands.
Tosin Adeyeri, partner in the funds team at lawfirm […] The post How to navigate the evolving LP-led secondaries market in 2024 first appeared on AltAssets Private Equity News.
GPs are having to turn to more creative capital raising solutions as economic headwinds continue to press on the private equity fund market, a new report from lawfirm Dechert says. The post Why GPs are taking to ‘creative’ capital raising solutions amid an arduous fundraising market first appeared on AltAssets Private Equity News.
Clio is the operating system for lawfirms, powering every aspect of the legal process. It simplifies lawfirm management by centralizing client intake, case management, document management, legal payments, and more. “I’m thrilled to embark on this journey with NEA and our group of exceptional investors.
Analyzed separately, Venture capital funds raised a record €23 billion, while buyout funds reached a new high of €111 billion, and growth funds had their second-best year with €21 billion raised. Lawfirm Debevoise & Plimpton LLP represented KKR as primary fund counsel for the fundraising.
We’re going to look at a buyout and look at the pricing, look at the structure. You had a lot of the big buyoutfirms, they were doing the transactions in the ‘80s, in the early ‘90s. But, you know, these large firms were spinning off smaller private equity firms. It was a bit of a tar baby back then.
And what was interesting was the first leveraged buyout of a public company happened when I was in graduate school. KLINSKY: In 1979, it was the first leveraged buyout of a public company. We had sold the family business, maybe buy another family business one day through a leveraged buyout. RITHOLTZ: Right. KLINSKY: Yeah.
International lawfirm Milbank has continued the expansion of its private equity capabilities with the appointment of Evan Roberts as a Partner in the firm’s Global Corporate/M&A Group based in its Los Angeles office.
buyoutfirm Apollo made a cash bid for Applus Services on Friday which values the Spanish industrial testing company at € 1.23bn ($1.33bn). Santander (BME:SAN), BNP Paribas (OTC:BNPQY) and lawfirm L&W are advising Apollo. read more Private equity firm Apollo makes $1.33bn bid for Spain’s Applus U.S.
One, two, there was a theory that these businesses had volatile cash flows and therefore couldn’t be leveraged, which was the, you know, the whole point of leveraged buyouts. Silver Lake was one of the first buyout shops built around making technology investments or investments in technology companies.
The implications for the $4tn global buyout industry are stark. Flagship firms such as Blackstone, KKR, and Carlyle saw their publicly traded shares fall between 15% and over 20% late last week, amid broader fears of a sustained liquidity crunch. The call volume from LPs seeking liquidity is intense.
A guy who grows up in a lower middle class family gets through college and law school on scholarships and, and goes on to, to found one of the most successful buyout private equity and venture firms in history. He was in his forties when I joined the lawfirm after law school that he was at Paul Wiser and Wharton and Garrison.
Mid-market US private equity firms were eyeing a resurgent dealmaking market at the turn of the year, new research from lawfirm Katten shows - but those hopes may be being dashed by huge volatility caused by Donald Trump's widespread tariffs announcement.
And if you’re coming over from a, a top 20 lawfirm where you’re giving up a seven figure job, you’re doing it because you have the chance to make 10 figures in, in your stock options. And Amazon eventually makes a buyout offer to this firm, but they don’t wanna do it because they’re doing so well.
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