Remove Debt Remove Leveraged Buyouts Remove Private Equity Firms
article thumbnail

Blackstone and Permira assess debt options for €6.5bn Adevinta deal

Private Equity Insights

The private equity firms aim to refinance or reprice Adevintas existing 4.5bn debt and may raise an additional 2bn, potentially for a shareholder dividend, according to sources familiar with the matter. The firms acquired Adevinta in 2023 in one of Europes largest leveraged buyouts backed by private credit.

Debt 147
article thumbnail

Diligent’s PE owners mull $7bn sale

Private Equity Wire

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Banks ramp up leveraged buyouts as interest rates fall

Private Equity Wire

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. Lending limits have also increased.

article thumbnail

JPMorgan, BofA In Talks to Finance $13 Billion DocuSign Buyout

Private Equity Insights

and Deutsche Bank AG are also among the lenders considering a role in funding what would be the largest leveraged buyout of the year so far, according to the people, who asked not to be identified discussing the transaction. has been leaning toward a financing package provided by banks for its potential buyout of Cotiviti Inc.

Buyout 195
article thumbnail

Investing $100,000 in These 3 Ultra-High-Yield Dividend Stocks Could Bring $10,000 in Passive Income to Your Portfolio in 2024

The Motley Fool

The company specializes in an instrument called venture debt -- or loans made at high interest rates. Generally speaking, during the early days of a start-up , founders will raise money from venture capital or private equity firms in exchange for equity. Hercules Capital: 11.5% Horizon Technology Finance: 9.9%

article thumbnail

Blackstone Eyes $10bn+ Private Loan Deal in Europe and US

Private Equity Insights

The direct-lending funds, one in euros and the other in dollars, are targeting capital from institutional investors for a fixed term, said the people, who aren’t authorized to speak publicly on private matters. Blackstone Credit and other major private debt managers such as Ares Management Corp.

article thumbnail

PE firms look to banks and private lenders for €7.5bn Sanofi unit debt package

Private Equity Wire

Private equity firms including Advent International and Blackstone are approaching both banks and private lenders over debt packages of around €7.5bn ($8.16bn) to help finance a potential acquisition of Sanofi’s consumer health division, according to a report by Bloomberg.