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Carlyle secures private credit loan for WSG deal

Private Equity Wire

Carlyle Group has secured private credit financing to acquire a majority stake in Australian waste management company Waste Services Group (WSG), according to a report by Bloomberg, citing sources familiar with the matter. The funds will support Carlyles purchase of the stake from Livingbridge, the anonymous source said.

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Diligent’s PE owners mull $7bn sale

Private Equity Wire

The potential move comes as private equity firms look to exit older investments after a period of slowed deal-making, largely due to high interest rates that have increased the cost of financing leveraged buyouts. Clearlake Capital and Blackstone acquired minority stakes in 2018 and 2020, respectively.

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Squire Patton Boggs adds leveraged finance Partner

Private Equity Wire

Hastings, who joins from Eversheds Sutherland, is a finance lawyer focused on leveraged and acquisition financing. His experience covers complex domestic and international transactions in support of M&A activity, leveraged buyouts, refinancing and distressed or opportunistic investments.

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Leverage levels in private credit to increase, says Moody’s

Private Equity Wire

Leverage levels in private credit will increase as alternative asset managers’ rapid capital deployment in turn increases their share of the private credit market, according to a private credit research report by Moody’s Investor Services.

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Clearlake to buy majority stake in ModMed that values it at $5.3bn

Financial Times M&A

Deal for health software company would be most valuable leveraged buyout in the healthcare sector this year

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Ares Raises $1.7 Billion for Australia Private Credit Fund

Private Equity Insights

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 billion) divestment of stakes in. has raised A$2.6

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Bain, Hellman & Friedman vying to acquire DocuSign -sources

Private Equity Insights

The two private equity firms are among the final bidders in the auction for DocuSign, which is set to be one of the biggest leveraged buyouts of 2024, the sources said. A spike in financing costs in the last two years made financing leveraged buyouts more expensive and big deals hard to clinch. Revenue rose 8.5%