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Cerea Partners acquires majority stake in French chocolatier Relais Desserts

Private Equity Insights

Regional investor Unexo has taken a minority stake, backed by Caisse Rgionale de Crdit Agricole Atlantique Vende. Cerea Partners was advised by Lamartine Conseil on M&A, KPMG France on tax, Kea & Partners for due diligence, Finaxeed on M&A, and Oderis Consulting for ESG due diligence.

Stakes 162
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Blackstone leads $2bn deal for PE-owned accounting firm

Private Equity Insights

A Blackstone-led investor group is acquiring a majority stake in US accounting firm Citrin Cooperman, valuing the company at over $2bn, according to sources cited by the Financial Times on Tuesday. agreed to buy a Permian Basin rival and a controlling stake in. This could mark Blackstones first investment in the accounting sector.

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Permira to acquire majority stake in energy and sustainability advisor Westbridge

Private Equity Wire

Funds advised by global private investment firm Permira are to acquire a majority stake in Westbridge Advisory (Westbridge), a European energy and sustainability advisory firm servicing institutional real estate clients.

Stakes 94
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Blackstone takes stake in AI firm Sia Partners

Private Equity Wire

Blackstone has made a minority investment of up to 250m in global management and AI consulting firm, Sia Partners, using funds from its private equity strategy for individual investors, according to a recent press statement. The partnership will support Sias expansion across the US market, as well as strategic M&A.

Stakes 93
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Alchemy Partners closes €1bn Special Opportunities Fund V

Private Equity Insights

It includes institutional investors such as pension funds, sovereign wealth funds, financial institutions, consultants, and family offices. Read more HIG Capital acquires strategic stake in German machine tool manufacturer HELLER Group HIG Capital signed a definitive agreement to acquire a strategic stake in Germany-based machine.

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Takeover Thursday: Private equity’s top takeovers

Private Equity Insights

28.1%), and Shells Midstream Operating unit (16.125%), which is exiting its stake for $1.45bn. The transaction, funded through Carlyle Europe Partners Va 6.4bn vehicle targeting European mid-market opportunitiesforms the basis of a strategic partnership aimed at accelerating SNPs long-term international growth. Read more here.

Bidding 130
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EY Rejects TPG's Bid For its Consulting Business

The Motley Fool

Ernst & Young's audit and consulting businesses just can't quit each other. The math was pretty simple: Spin off the consulting practice in search of an eventual $100 billion enterprise value on the stock market, enriching partners and freeing both arms from pesky conflict-of-interest rules in the process.