This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
EG Group is gearing up for a $13bn IPO on the New York StockExchange. The company, co-owned by the Issa brothers and privateequityfirm TDR Capital, plans to list later this year in one of the largest retail IPOs in recent memory. The IPO will reportedly value the UK-based firm at approximately 10.7bn ($13bn).
The group combines the firms corporate finance, leveraged finance, and equity capital markets teams into one unit. The new group aims to provide tailored solutions for privateequityfirms. These include innovative financing options across debt, equity, and hybrid instruments.
Blue Owls investment aligns with its strategy to support resilient businesses in essential sectors, reflecting the firms confidence in PCIs growth potential and its role in advancing global health innovation. read more The post Blue Owl Capital supports $4bn acquisition of PCI Pharma Services appeared first on PrivateEquity Insights.
Sources close to Verisure suggest that while no final decision has been made, Amsterdam is emerging as the preferred listing venue despite efforts by exchanges in London, Stockholm, and Zurich to attract the flotation. Verisure, which operates under the Securitas Direct brand in some markets, serves 5.5
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.
Privateequityfirm Bain Capital on Tuesday agreed to buy Fogo de Chão, in a deal people familiar with the matter said valued the Brazilian steakhouse chain at about $1.1bn, including debt. The deal marks a win for privateequityfirm Rhone Capital, which took Fogo de Chão private for $560m in 2018.
Exits Oslo StockExchange After A $1.7bn Acquisition by Goldman Sachs Asset Management Finalizes Kahoot!, read more Wincanton to go private in £567mn deal Wincanton is to be taken private in a £567mn deal, following a host of other UK logistics players. Source: Kahoot Can’t stop reading? Read more Kahoot!
Nasdaq is acquiring financial risk software company Adenza for $10.5bn in its largest-ever such deal, from privateequityfirm Thoma Bravo. Adenza, which is owned by privateequityfirm Thoma Bravo, is expected to generate $590mn in revenue and $300mn in cash flow this year, Nasdaq said. times EBITDA.
The rescue deal involving airline alliance Air France-KLM and privateequityfirms Castlelake and Lind Invest, which became investors alongside the Danish state, was presented late on Tuesday. The deal means that Scandinavian will receive $475m (£393m) in new equity and $700m (£579 million) in convertible debt.
Bulgarian privateequityfirm BlackPeak Capital has invested €6.8m According to a press release, Bianor’s capitalisation now exceeds €25m at the current stock price, which places it among the largest IT companies listed on the Bulgarian StockExchange. Source: PrivateEquity Wire Can’t stop reading?
Forward-stock splits are designed to make a company's shares more nominally affordable for everyday investors who may not have access to fractional-share purchases with their online broker. Meanwhile, reverse-stock splits aim to increase a company's share price to ensure it meets the minimum listing requirements on a major stockexchange.
Arcline Investment Management, a growth-oriented privateequityfirm with deep experience investing in technology-driven, meaningful-to-the-world industrial businesses, has entered into an agreement to acquire Kaman for $1.8 Upon completion of the transaction, Kaman will become a privately held company. per share in cash.
in afternoon trading on the New York StockExchange on Thursday on the news, giving the company a market value of about $3.3 Nordstrom also had long-term debt of $2.9 read more The post Sycamore vies to take Nordstrom private appeared first on PrivateEquity Insights. Nordstrom shares rose 6% to $19.90
Blackstone is closing in on a deal with L’Occitane International owner Reinold Geiger to take the global skincare company private, with the world’s largest alternative asset manager potentially providing debt financing for the buyout. Source: PrivateEquity Wire Can’t stop reading?
Golden Goose, the Italian luxury sports brand owned by British privateequityfirm Permira, is planning to raise €100m by floating at least 25% of the business on the Milan StockExchange, according to a report by the Financial Times. The IPO is expected to value the business at around €3bn including debt.
The sale process has drawn bidders including Brazilian pulp maker Suzano and privateequityfirms Bain Capital, CVC Capital Partners and DCP Capital. Read more Neuberger Berman to Manage £626m PrivateEquity Portfolio for Brunel Brunel Pension Partnership, one of the eight Local Government Pension Scheme (LGPS) pools, has.
If the deal is voted through by shareholders, the London StockExchange will no longer be home to any pure-play logistics companies. Read more Wincanton to go private in £567mn deal Wincanton is to be taken private in a £567mn deal, following a host of other UK logistics players.
Privateequityfirms Calveton and Breal Capital are in advanced discussions with administrators over a rescue deal for the UK branch of TGI Friday’s which could preserve more than 2,000 jobs, according to a report by Sky News. In 2021, Electra spun off Hostmore, and listed it on the London StockExchange.
US privateequityfirm Carlyle’s Global Infrastructure Opportunity Fund will acquire an 82.5% stake in London Southend Airport, a subsidiary of aviation group Esken, formerly Stobart Group, in an agreement to settle £193.75m in debt, with London-based privateequityfirm Cyrus Capital Partners providing liquidity to Esken.
The PERG’s voluntary guidelines recommend that buyout-backed businesses should produce annual reports with similar disclosure levels to stockexchange-listed businesses, going beyond their minimum legal requirements to file accounts with Companies House.
The New Notes were listed and traded on the Vienna MTF , managed by the Vienna StockExchange, with effect from the date of submission of the document. read more Carlyle closing in on deal for $1.5bn Thyssen unit Global privateequityfirm Carlyle Group is closing in on a deal to acquire a majority stake in.
Deutsche Lufthansa AG shelved a planned sale of a minority stake in its maintenance and repair subsidiary, the world’s biggest business of its kind that had attracted interest from several private-equity bidders. The stock has gained 3.6% were among privateequityfirms weighing a bid for the unit.
Nord Anglia’s current owners, Swedish privateequityfirm EQT and the Canada Pension Plan Investment Board (CPPIB), are expected to retain a stake in any transaction. EQT’s Baring PrivateEquity Asia and CPPIB acquired Nord Anglia in 2017, delisting it from the New York StockExchange in a $4.3bn deal, including debt.
It also gives privateequityfirm Thoma Bravo a seat on Nasdaq’s board and a 14.9% The combined firm sells software to banks, asset managers, exchanges and other parts of the financial-services industry that help manage regulatory reporting, compliance and risk management. Nasdaq issued $5.9
After not finding any better offers, Fort Myers-based retailer Chico’s FAS is moving ahead with a plan to sell itself to a New York-based privateequityfirm for $1bn. Once acquired, the company would become privately held, and would no longer be listed on the New York StockExchange.
The benefits for Main Street included significant dividend income, fair value appreciation, and the realized gain, resulting in best-in-class returns on our equity investment, in addition to the attractive interest income provided by our debt investments. This compares favorably to the 4.4
Investors have begun allocating more to privateequity strategies than privatedebt, according to iCapital, which has more than $200 billion in alternative assets on its marketplace for money managers. Third-Quarter Investment Highlights Active Equities Invested 600 million through a private placement for a 1.3%
Since 1996, the number of firms listed on the U.S. StockExchanges has declined by greater than 50%. At its core, privateequity is capital that is invested in private companies that are not listed on the major U.S. StockExchanges such as New York StockExchange or NASDAQ.
together with certain of its affiliates, “Clearlake”) and Insight Partners (“Insight”), two global privateequityfirms, in a transaction valued at $4.4 billion, including debt. Upon completion of the transaction, Alteryx will become a privately held company.
The firm itself could not be in a stronger position with minimal net debt and no insurance liabilities, allowing us to distribute $4.7 Borrowing spreads have tightened significantly and the availability of debt capital has increased significantly. Turning to the second key development, our expansion in privateequity credit.
to resolve its debt ceiling debacle and is looking to raise liquidity to take advantage of “opportunities” the fund sees in equity and fixed-income markets. Investment Highlights for the Year Active Equities Invested C$207 million for a 0.3% What percentage of Total Credit assets are in PrivateDebt?
He is the person who essentially stood up the LBO department at Goldman Sachs when essentially there were half a dozen or so privateequityfirms in the country. They grew a business where they issued junk debt. Well, there were only 20 privateequityfirms in the world in 1984. KLINSKY: Yeah.
Supermicro stock lost ground today following news that the company may be looking to raise funds through stock sales or new debt. The company's share price likely also took a hit due to the stock being removed from the Nasdaq-100 index. But it hasn't been able to prevent its stock from being removed from a separate index.
The privateequityfirm already holds stakes in ProSiebens digital businesses, including price comparison platform Verivox, e-retailer Flaconi, and dating service ParshipMeet Group. Its plan also includes 2.1bn for refinancing ProSiebens debt if it surpasses the 50% voting threshold that triggers a change-of-control clause.
in its upcoming IPO on the New York StockExchange. Since 2018, Northpointe has raised over $38m in common equity and $220m in preferred equity and debt, strengthening its capital base ahead of the IPO. Over time, it expanded into a nationwide provider of home loans and retail banking services.
Northpointe Bancshares, backed by privateequityfirm Castle Creek Capital, is aiming for a valuation of up to $594.8m in its upcoming initial public offering (IPO) in New York StockExchange in what will be the first UB bank IPO of the year, according to a report by Reuters.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content