Private Equity Insights

FEBRUARY 9, 2024

billion) for a credit fund for Australia and New Zealand, as it seeks to capitalize on opportunities created by banks retreating from leveraged lending. The Ares Asia Direct Lending fund, the company’s first leveraged buyout vehicle for the region, has deployed over A$1.04 Ares Management Corp. has raised A$2.6 billion ($1.7

Leveraged Buyouts 130

Leveraged Buyouts High Net Worth Individuals Pension Funds Buyout 130

Private Equity Wire

FEBRUARY 2, 2024

Global law firm 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.

Debt 75

Debt Financing Finance Leveraged Buyouts 75

Private Equity Wire

JANUARY 29, 2024

Blackstone, the world’s largest private equity firm, has turned to direct lenders to help finance its $2.3bn acquisition of Rover Group, the world’s largest online marketplace for pet care, with the firm seeking about $250m of private debt, according to a report by Bloomberg. Some lenders have pushed for a higher price, however.

Buyout 75

Buyout Debt Leveraged Buyouts Private Equity Firms 75

Private Equity Wire

NOVEMBER 15, 2024

Insight Partners, Blackstone, and Clearlake Capital, the joint owners of Diligent Corporation, are considering strategic options for the corporate governance software provider, including a potential sale that could value the business at around $7bn, including debt, according to a report by Reuters.

Private Equity Firms 76

Private Equity Firms Private Equity Firms Leveraged Buyouts Stock Exchanges 76

Private Equity Professional

OCTOBER 16, 2024

Centerbridge invests between $50 million and $300 million in US-based leveraged buyouts and distressed securities. Bain Capital Credit has $41 billion in assets under management and invests in leveraged loans, high-yield bonds, distressed debt, private lending, structured products, non-performing loans, and equities.

Leveraged Buyouts 130

Leveraged Buyouts Enterprise Values Buyout Leveraging 130

Private Equity Professional

SEPTEMBER 20, 2024

The firm invests equity in a range of transaction types involving a change of ownership, such as management buyouts, leveraged buyouts, corporate divestitures, recapitalizations, and management buy-ins. TPG Twin Brook was the administrative agent on the debt financing to support IGP’s buy of AMG.

Leveraged Buyouts 130

Leveraged Buyouts Buyout Financing Finance 130

Private Equity Wire

APRIL 4, 2024

She has pan-European cross sector experience in a variety of corporate transactions, including leveraged buyouts, strategic mergers and acquisitions, divestitures, joint ventures, structured and minority equity investments, equity and debt restructurings and management equity plans.

Leveraged Buyouts 95

Leveraged Buyouts Mergers and Acquisitions Law Firms Buyout 95

The Motley Fool

JANUARY 5, 2024

The company specializes in an instrument called venture debt -- or loans made at high interest rates. For this reason, once the start-up reaches a maturity point generating consistent cash flow, it may seek out alternative financing options like debt. Hercules Capital: 11.5% Horizon Technology Finance: 9.9%

Mergers and Acquisitions 246

Mergers and Acquisitions Leveraged Buyouts Due Diligence Portfolios 246

Private Equity Wire

OCTOBER 2, 2024

Global private investments firm Apollo Global Management has set its sights on doubling its assets under management to $1.5tn by 2029, positioning itself as a major player in global debt underwriting, according to a report by the Financial Times. In every market, banks are being asked to do less, and investors are being asked to do more.

Assets 74

Assets Leveraged Buyouts Private Equity Firms Private Equity Firms 74

Private Equity Wire

MAY 22, 2024

Private credit lenders and banks are vying to offer debt financing for a potential acquisition of US education software provider PowerSchool Holdings, according to a report by Bloomberg citing people with knowledge of the matter. Banks are also said to be offering competing packages that include a smaller amount of debt and preferred equity.

Buyout 98

Buyout Banks Leveraged Buyouts Private Equity Firms 98

Private Equity Insights

FEBRUARY 9, 2024

percentage points above the Secured Overnight Financing Rate and at a discounted price of 98 cents on the dollar.

Leveraged Buyouts 130

Leveraged Buyouts Pension Funds Buyout Leveraging 130

Private Equity Wire

AUGUST 27, 2024

He has previously represented private equity funds, independent sponsors, public and private companies, search funds, family offices, founders and entrepreneurs in mergers, acquisitions, divestitures, leveraged buyouts, recapitalisations, debt and equity financings, venture capital transactions and joint ventures.

Mergers and Acquisitions 75

Mergers and Acquisitions Leveraged Buyouts Law Firms Buyout 75

Private Equity Insights

SEPTEMBER 28, 2023

Blackstone Credit and other major private debt managers such as Ares Management Corp. The industry growth is being driven by investment bank caution around underwriting leveraged buyouts given volatile market conditions. A spokesperson for Blackstone declined to comment. Source: BNN Bloomberg Can’t stop reading?

Leveraged Buyouts 147

Leveraged Buyouts Buyout Private Equity Firms Private Equity Firms 147

Private Equity Wire

APRIL 29, 2024

Global law firm 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.

Leveraged Buyouts 98

Leveraged Buyouts Buyout Law Firms Leveraging 98

Private Equity Wire

FEBRUARY 8, 2024

Clearlake Capital and Insight Partners are close to agreeing a $2bn debt package with a group of private credit lenders including Apollo Global Management and Blackstone to help finance their leveraged buyout of software developer Alteryx, according to a report by Bloomberg.

Leveraged Buyouts 98

Leveraged Buyouts Buyout Leveraging Financing 98

Private Equity Wire

SEPTEMBER 2, 2024

His practice focuses on advising private equity firms and other financial institutions on transactions including leveraged buyouts, venture and growth capital investments, joint-ventures and co-investments, opportunistic and distressed acquisitions, take-privates and carve-outs, across the investment lifespan through to exit.

Leveraged Buyouts 75

Leveraged Buyouts Private Equity Firms Private Equity Firms Financial Institutions 75

Financial Times M&A

MAY 29, 2023

Lenders return to funding leveraged buyouts after painful year in which fees were hit hard

Leveraged Buyouts 72

Leveraged Buyouts Banks Buyout Debt 72

Private Equity Insights

AUGUST 31, 2023

Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up TPG, formerly Texas Pacific Group, is co-headquartered in Fort Worth and San Francisco and specializes in leveraged buyouts and growth capital. The firm was founded in 1992 and manages assets and investments totaling $139bn.

Consulting 130

Consulting Consultants Leveraged Buyouts Private Equity Firms 130

The Motley Fool

MARCH 17, 2024

The company typically supports start-ups that have raised funding from venture capital or private equity firms and are looking to augment the balance sheet with some debt. What can make debt an optimal solution in fundraising is that, unlike equity, it doesn't dilute existing shareholders. Hercules Capital: Dividend yield 10.5%

Leveraged Buyouts 130

Leveraged Buyouts Exchange-Traded Funds Private Equity Firms Private Equity Firms 130

Private Equity Wire

AUGUST 18, 2023

Troutman Pepper adds to PE group Submitted 18/08/2023 - 11:49am Private equity debt financing partners Jonathan Homer and Bruce Stainers have joined Troutman Pepper's Corporate Practice Group in New York and San Francisco, respectively. He works with PE sponsors, debt investment funds, publicly traded companies, and privately held ventures.

Leveraged Buyouts 52

Leveraged Buyouts Buyout Leveraging Debt 52

The Motley Fool

DECEMBER 18, 2023

Steel debt. With companies that rely on considerable leverage in their operations, the rise in interest rates is still working its way through income statements. It could take some time for earnings to fall to reflect higher debt financing costs. Shareholders will receive $55 per share for their U.S. Steel closed on Friday.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraged Buyouts Buyout Leveraging 130

Private Equity Wire

OCTOBER 22, 2024

Dee Kuchukulla (New York) guides leading private equity sponsors and their portfolio companies on an array of complex transactions, from leveraged buyouts and sales to carve-outs, cross-border deals, joint ventures, and take-privates across industries. She brings a deep understanding of technology and consumer brands.

Mergers and Acquisitions 74

Mergers and Acquisitions Leveraged Buyouts Private Equity Firms Private Equity Firms 74

The Motley Fool

APRIL 28, 2024

Moreover, while Hercules specializes in basic debt instruments such as term loans or revolvers (think a corporate line of credit), Ares offers more sophisticated products -- including leveraged buyouts (LBOs). ARCC Price to Book Value data by YCharts At a price-to-book (P/B) ratio of just 1.1,

Leveraged Buyouts 244

Leveraged Buyouts Due Diligence Buyout Shareholders 244

The Motley Fool

FEBRUARY 27, 2024

It specializes in an investment vehicle called venture debt. Founders seeking capital may eventually look for a loan since debt doesn't come attached to any ownership share of the company. However, the catch is that this debt typically carries a much higher interest rate than a loan from a bank. Hercules Capital: 10.3%

Leveraged Buyouts 130

Leveraged Buyouts Due Diligence Initial Public Offering Exchange-Traded Funds 130

Private Equity Professional

AUGUST 12, 2024

Leveraged buyout volumes remained down from historical highs in Q2 2024, as did EBITDA purchase price multiples, which decreased from 11.5x The spread tightening and overall positive performance trends from strong credits caused the average senior credit mark in the Lincoln Senior Debt Index (LSDI) to increase from 98.4%

Buyout 100

Buyout Enterprise Values Leveraged Buyouts Leveraging 100

Private Equity Wire

AUGUST 25, 2023

Private credit firms discussing $3.4bn Hyland loan package Submitted 25/08/2023 - 11:11am A group of private-credit lenders led by Golub Capital, Ares Management Corp, Blue Owl Capital, and Oak Hill Advisors, are in talks to extend a $3.25bn loan to Hyland Software Inc, so the company can refinance existing debt, according to a report by Bloomberg.

Leveraged Buyouts 52

Leveraged Buyouts Buyout Leveraging Debt 52

Private Equity Wire

AUGUST 9, 2023

Bain Capital Credit’s Private Credit Group invested in 30 businesses across 15 industries in H1 2023, supporting the refinancing, leveraged buyout, and add-on acquisition activity of both new and existing portfolio companies.

Leveraged Buyouts 52

Leveraged Buyouts Financing Finance Capital 52

Private Equity Insights

MARCH 17, 2023

But Ares executives insist their firm remains steadfast in its goal of offering institutional investors more than just private debt. William Benjamin, head of Ares’ real estate group, describes the parent company’s prowess in private debt as an invaluable fundraising tool. Thus far, Ares has diversified farthest into real estate.

Pension Funds 130

Pension Funds Buyout Leveraged Buyouts Asset Management 130

The Motley Fool

JANUARY 24, 2024

Moreover, the company is leveraging artificial intelligence (AI) technologies to summarize agreements, analyze business and legal contracts to assess risks and opportunities, and extract common key terms and clauses to simplify the document review process. billion in cash and only $835 million in debt. Is DocuSign a buy?

Leveraged Buyouts 100

Leveraged Buyouts Investors Buyout Private Equity Firms 100

The Motley Fool

MARCH 6, 2024

The company specializes in more complex transactions such as leveraged buyouts , for example. The company also specializes in venture debt for start-ups in the technology, life sciences, and sustainable energy industries. Given its size, Ares also has more financial flexibility than a typical BDC. Horizon Technology: 11.1%

Leveraged Buyouts 246

Leveraged Buyouts Shareholders Initial Public Offering Exchange-Traded Funds 246

Private Equity Wire

NOVEMBER 1, 2023

Our strategy leverages this digital shift to enhance trade transparency and reduce human bias, positioning us to exploit market inefficiencies more effectively. A: The digital transformation has indeed been a catalyst in the systematic credit domain. markets.

Hedge Funds 98

Hedge Funds Leveraged Buyouts Capital Buyout 98

AltAssets

FEBRUARY 9, 2024

The post Ares eyes LBO debt funding gap by raising $1.7bn Australia, New Zealand-focused fund – report first appeared on AltAssets Private Equity News. Ares Management has reportedly raised an A$2.6bn ($1.7bn) credit fund targeting Australia and New Zealand amid a retreat by traditional lenders in the space.

Debt 68

Debt Funds Leveraged Buyouts Leveraging 68

Udu

MAY 31, 2023

Fewer Large Leveraged Buyouts Tighter monetary policy and a more uncertain macroeconomic outlook make large lenders more hesitant to finance large leveraged buyouts. This could lead to a decrease in this type of buyout, as buyers may not be able to finance their acquisitions with debt.

Leveraged Buyouts 52

Leveraged Buyouts Private Equity Firms Private Equity Firms Buyout 52

Private Equity Wire

JUNE 27, 2023

Credit crusaders fill the wall street void Submitted 27/06/2023 - 1:54pm This article first appeared in the March 2023 T ech Buyouts Insights Report Private credit funds could become a more permanent fixture in tech’s leveraged buyout market thanks to their speed of execution and reliability, especially in challenging macroeconomic conditions.

Buyout 52

Buyout Leveraged Buyouts Debt Financing 52

This is going to be BIG.

APRIL 21, 2013

Ten years ago, I was an analyst for the General Motors pension fund, working on fund investments into leveraged buyout funds and venture capital deals. In fact, the one area I was pretty set on eliminating from my consideration set--leveraged buyouts--was the area where partners seemed to make the most money.

Leveraged Buyouts 125

Leveraged Buyouts Venture Capital Buyout Hedge Funds 125

Blackstone

NOVEMBER 16, 2023

With slower bank and leveraged loan growth, demand for partners in private credit is high. Private credit provided 65% of loans for the leveraged buyout (LBO) market in 2021 and 86% for the market as of year to date 2023. First, a low fund leverage profile increases fund liquidity and/or capital available for investment.

Leveraging 52

Leveraging Banks Debt Leveraged Buyouts 52

Udu

MAY 24, 2023

Leveraged Buyout (LBO) An LBO transaction is an acquisition funded using a significant amount of debt where assets from both parties are used as collateral. Employ advanced technology Leveraging artificial intelligence (AI) and machine learning (ML) technologies can enhance the private equity valuation process.

Due Diligence 40

Due Diligence Best Practices Leveraged Buyouts Collateral 40