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The deal marks a significant cross-border exit for Brynwood, a US privateequityfirm specialising in lower middle market consumer assets. The acquisition is expected to support the conglomerates plans to enter the American market and expand distribution of its Famosa-branded beverages.
The transaction marks one of the most significant privateequity deals in the European facility management sector in recent years. Apleona, formerly part of German industrial conglomerate Bilfinger SE, provides facility management services across commercial, industrial, and public sectors.
The company had been part of Nordic entertainment group Nordisk Film since 2014, which itself falls under the broader Egmont Group, a major Nordic media conglomerate. Established in 2003 and based in Copenhagen, GoGift employs 120 people. Can`t stop reading?
SK, the holding company of South Korea’s second-largest conglomerate, SK Group, plans to sell a stake worth KRW2.7tn ($1.86bn) in its specialty gas manufacturing subsidiary, SK Specialty, to the local privateequityfirm Hahn & Company, according to a report by Reuters.
Now, Insilico Medicine, a start-up backed by major privateequityfirm Warburg Pincus and Chinese conglomerate Fosun Group, is turning that optimism into reality by using machine-learning tools to develop INS018_055, a novel treatment for chronic lung disease idiopathic pulmonary fibrosis.
Privateequityfirm Brynwood Partners has agreed to sell its portfolio company, Harvest Hill Beverage Company the maker of SunnyD and Juicy Juice to Guatemalan conglomerate Castillo Hermanos in a deal valued at approximately $1.5bn, including debt, according to a report by Reuters.
Bain Capital is moving closer toward a potential takeover of data centre operator Chindata Group Houp Talks between privateequityfirm Bain and Chindata’s board, which is evaluating an $8 per ADS offer from Bain, are now centred on determining a valuation, according to a Bloomberg report on Sunday, which cited people familiar with the matter.
Privateequityfirm KKR plans to cut its stake in Kokusai Electric, two people familiar with the matter said, cashing in after a blistering run for shares in the Japanese chip equipment maker. read more The post KKR to Sell about $1.6bn worth of its Stake in Kokusai Electric appeared first on PrivateEquity Insights.
Toshiba Corp is considering a $20 billion offer from privateequityfirm CVC Capital Partners to take it private, a person familiar with the matter said, as the Japanese industrial conglomerate faces pressure from activist shareholders to improve governance. Other deals by the privateequityfirm include the $1.5
The privateequityfirm is speaking with potential advisers as it prepares to gauge buyer interest in Apleona, according to the people, who asked not to be identified discussing confidential information. PAI agreed to buy Apleona from Swedish investment firm EQT AB for about €1.6bn in 2020. stake in Indian cancer.
Hahn & Co, a South Korean privateequityfirm founded by former Morgan Stanley banker Scott Sang-Won Hahn, has raised $3.4bn for a new buyout fund, making it the largest single-country focused vehicle in Asia this year, according to a report by Bloomberg. says it has signed a deal to be acquired by U.S.
Axel Springer Chief Executive Mathias Doepfner and privateequity group KKR KKR.N are in talks to break up the media conglomerate, the Financial Times reported on Thursday, citing people with knowledge of the matter. A potential deal would separate the group’s media assets from its digital classifieds operation, the report said.
There is no agreement to participate in the management of Toshiba but Rohm would be open to partnership with the conglomerate in the future, it said. Read more Apollo To Target Top Family Offices Global buyout firm Apollo Global Management is building out a new team to target family offices as. Source: Reuters Can’t stop reading?
Toshiba said on Monday a group led by privateequityfirm Japan Industrial Partners (JIP) would launch a $14bn tender offer on Aug 8th to take the industrial conglomerateprivate and put it in domestic hands. It was originally scheduled to start in late July, but was pushed back due to a regulatory delay.
Privateequityfirm Partners Group Holding AG has shown initial interest in Hamilton Island as the family owners of the holiday destination in Australia conduct a strategic review for the asset, according to people familiar with the matter. an investment firm backed by Malaysian conglomerate Mulpha International Bhd.,
It was part of British conglomerate Granada Group and later acquired by privateequityfirm Permia in 2003 before being sold to Dubai International Capital for £675m in 2006. Travelodge has changed hands over a number of occasions since it opened its first UK location in 1985. It was then taken over by GoldenTree in 2012.
Teijin, a conglomerate with chemical, healthcare and internet businesses, said it will book a 105 billion yen profit on a consolidated basis from the sale of Infocom in the current financial year ending in March 2025.
. “Even though competition is increasing, if you look at the number of potential deals, there are actually not enough general partners to do them,” he said, referring to privateequityfirms and their executives. Carlyle will probably announce another two or three transactions in Japan this year, Yamada said.
had a 71.43% stake in the firm, while SK Holdings, the holding company of South Korean conglomerate SK Group, retained a 16.4% is a privateequityfirm focused on corporate acquisitions and investments in South Korea, according to its website. It counts more than $10.5bn of privateequity assets under management.
It's a conglomerate that just so happens to use much of its idle cash to hold stocks of publicly traded companies. Just as the name suggests, privateequityfirms supply promising up-and-coming companies with capital, usually in the form of a loan, but sometimes in exchange for an equity stake in a company.
It recently sent the prospectus of Londian Wason, which owns 100% of China-based Wason Copper Foil, to multiple global privateequityfirms. 2 conglomerate has been streamlining its investment portfolios to enhance its financial health and raise funding for new growth drivers such as AI, biotech and semiconductors.
Epiris and Newlat are said to have seen off competition from rival bidders including Lone Star Funds, the Texas-based privateequityfirm, and One Rock Capital Partners, another financial investor. An earlier process conducted this year failed to draw interest at a sufficiently attractive price.
Indian conglomerate Tata Group-owned Tata Consumer Products is reportedly in talks to acquire stakes in snack maker Haldiram’s. The report added that Haldiram’s is also engaging with privateequityfirms, including Bain Capital, to sell a 10% stake.
SellerX, once valued at $1 billion, was among dozens of startups with audacious plans to become digital age consumer conglomerates. BlackRock and Victory Park Capital provided loans to multiple firms. In an earnings call earlier this month, BlackRock said it was in discussions with SellerX stakeholders to find a “path to recovery.”
billion for the Wilmington-headquartered Solenis that is owned by the New York privateequityfirm Platinum Equity. The all-cash deal for the publicly traded Diversey was set at $8.40 a share, totaling an acquisition price of $4.6 The purchase price was a 41% premium over Diversey’s closing price on March 7.
Disney has been exploring options to sell or find a partner for its India assets, Reuters reported in July, and has held talks with billionaires Gautam Adani and Sun TV Network-owner Kalanithi Maran as well as privateequityfirm Blackstone, according to various media reports.
Australia’s biggest private hospital operator Ramsay Health Care Ltd and Malaysian conglomerate Sime Darby Bhd have shortlisted candidates for the sale of their hospital unit, which could fetch about US$1.5 billion in a deal, according to people with knowledge of the matter.
Hahn & Co, a South Korean privateequityfirm founded by former Morgan Stanley banker Scott Sang-Won Hahn, has raised $3.4bn for a new buyout fund, making it the largest single-country focused vehicle in Asia this year, according to a report by Bloomberg.
Global privateequityfirm Carlyle Group is closing in on a deal to acquire a majority stake in Thyssenkrupp’s Marine Systems business at a value of about €1.5bn ($1.6bn) including debt, according to a report by Bloomberg.
Speaking to PEI, Teisseire noted “a general interest across platforms, both privateequity and private debt”, though the firm’s focus in the short term would most likely be on the latter.
Teijin, a conglomerate with chemical, healthcare and internet businesses, said it will book a 105 billion yen profit on a consolidated basis from the sale of Infocom in the current financial year ending in March 2025.
CVC is reportedly focusing on the Oval Invincibles, with executives from the privateequityfirm attending matches at the Oval this summer. The firm paid £550m for a controlling interest in the IPL’s Gujarat Titans in 2022, with the team winning the title in its debut season.
Malaysia’s IHH Healthcare and Sunway are among three contenders in the race to acquire Penang-based Island Hospital from pan-Asian privateequityfirm Affinity Equity Partners, according to a report by the Wall Street Journal. The hospital is being valued at over $800m, and a second round of bids is expected soon.
For instance, AT&T sold a 30% stake in DirecTV to a privateequityfirm in 2021 for $7.8 billion, putting behind it the last vestige of its attempt to become an entertainment conglomerate. This past September, the telecom divested the remaining 70% stake for $7.6 putting it on track to reach a reasonable 2.5
Endeavor Group Holdings As the successor company to an old-school talent agency, Endeavor morphed into an omnibus entertainment conglomerate with assets in the film, TV, and sports worlds. On top of that, the broader wireless industry continues to benefit from investor bullishness on the effect of 5G services.
Yukon Partners, a Minneapolis, Boston, and West Palm Beach based privateequityfirm, closed Yukon Capital Partners V, L.P., Investors in Fund V include domestic and international pension funds, international banking conglomerates, insurance companies, endowments, foundations, consultants, and family offices.
Layton explains how the firm is more like a large industrial conglomerate running wholly owned subsidiaries than a privateequityfirm buying firms to flip them at a profit. Layton talks about why he banned the word “Deal” from the company.
Siemens AG has agreed to acquire US-based R&D software firm Dotmatics for $5.1bn from privateequityfirm Insight Partners, according to a report by Reuters.
IMM invests in South Korean electrical battery maker Submitted 24/07/2023 - 8:40am South Korean privateequityfirm IMM Credit & Solutions is investing in Choil Aluminium, a South Korean maker of electric vehicle battery components, according to a report by Evertiq. Like this article?
The thing I want to follow up about though, is that there's also a lot of fish staying out of the water because it's a real pain to be a public company and there's a lot of privateequityfirms keeping these smaller companies private. It's a mini conglomerate that welcomes comparisons to Berkshire Hathaway.
RITHOLTZ: — firms or privateequityfirms? And I think fundamentals mattered more in privateequity than they did in public market investing. So I wanted to get a job at a privateequityfirm. BARATTA: The media conglomerate? BARATTA: Yeah. It was a small industry.
. ~~~ BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, another extra special guest from the world of private markets, the Partners Group is probably the largest privateequityfirm you’ve never heard of, perhaps because they were originally headquartered in Zug, Switzerland. in Colorado.
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