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

Private Equity Insights

is serving as financial adviser, and Kirkland & Ellis LLP and Gibson, Dunn & Crutcher LLP are serving as legal advisers to Blackstone. Simpson Thacher & Bartlett LLP, Zukerman Gore Brandeis & Crossman, LLP, and Hunton Andrews Kurth LLP are serving as legal advisers to New Mountain and Citrin Cooperman.

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Pamlico Capital closes $1.75bn Fund VI amid strong investor demand

Private Equity Insights

The oversubscribed fund attracted significant backing from both returning and new investors, highlighting strong demand for the middle-market private equity firms focused investment strategy. Pamlico targets equity investments between $50m and $200m in high-growth companies across North America. Can`t stop reading?

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Private Equity Firm STG to buy Avid Technology for $1.4bn

Private Equity Insights

Private equity firm Symphony Technology Group on Wednesday agreed to buy media editing software maker Avid Technology Inc for about $1.4bn, including debt. Palo Alto, California-based STG is a mid-market private equity firm focused on technology investments. billion deal. Goldman Sachs Group Inc (GS.N)

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Private equity firm Endless acquires ASCO Group Ltd

Private Equity Insights

Private equity firm Endless acquired ASCO on 11 August 2023. ” Advisors for the vendors were Piper Sandler (Corporate Finance); Ashurst (Legal); and Deloitte (Financial and Tax Due Diligence). Management was advised by Burness Paull (Legal). Source: OGV Energy Can’t stop reading?

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Rinkelberg Capital acquires Jus-Rol from Cérélia following CMA ruling

Private Equity Insights

The legal battle cost the company nearly 6m. Rinkelberg, the London-based investment office of the TomTom founders, acquired the ready-to-bake pastry brand after Crlias repeated attempts to overturn the CMAs decision failed. Under the new ownership, PA Ross will manage the Jus-Rol brand.

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Top private equity news of the week

Private Equity Insights

BlackRock announced the deal in June last year, positioning the acquisition as a strategic move to enhance its investment technology capabilities and expand its footprint in the private-markets data sector. Under US restrictions imposed in 2023, Chinese firms are banned from purchasing these chips directly. Read more here.

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Luxembourg sharpens private equity edge with digital innovation and secondaries growth

Private Equity Insights

The countrys cross-border infrastructure, legal sophistication, and deep institutional network support this growth. Learn more about fundraising efforts in Luxembourg by joining the Benelux Private Equity Conference in Amsterdam. On the operational front, private equity firms are embracing digital solutions.