article thumbnail

Brynwood Partners exits SunnyD owner Harvest Hill in $1.5bn sale to Castillo Hermanos

Private Equity Insights

The deal marks a significant cross-border exit for Brynwood, a US private equity firm 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.

article thumbnail

Update: Italy pauses CVC and Iliad’s plans for Telecom Italia stake

Private Equity Insights

State-backed financial conglomerate Poste Italiane is set to acquire state lender CDPs 9.8% stake in TIM, with an official announcement expected soon.

Stakes 130
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 finalises €4bn acquisition of Apleona from PAI Partners

Private Equity Insights

The transaction marks one of the most significant private equity 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.

Capital 130
article thumbnail

Waterland Private Equity invests in Danish company GoGift, plans expansion strategy​

Private Equity Insights

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?

Companies 130
article thumbnail

Hahn & Co. acquires majority stake in SK Specialty

Private Equity Wire

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 private equity firm Hahn & Company, according to a report by Reuters.

Stakes 71
article thumbnail

First Human Trials Begin for AI-Designed Drug

The Motley Fool

Now, Insilico Medicine, a start-up backed by major private equity firm 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.

article thumbnail

Brynwood agrees $1.5bn deal to sell SunnyD owner Harvest Hill to Castillo Hermanos

Private Equity Wire

Private equity firm 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.