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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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PAI Partners acquires majority stake in Audiotonix from Ardian

Private Equity Insights

Private equity firm PAI Partners has agreed to acquire a majority stake in Audiotonix, a UK designer and manufacturer of professional audio mixing consoles and equipment, from Ardian, who will retain a minority stake alongside management. announced Friday that it has entered into.

Stakes 130
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Ardian acquires majority stake in Masco Group

Private Equity Wire

Private investment house Ardian has acquired a majority stake in Masco Group, a global provider of products and services to the pharmaceutical and biotech industries, from RSBG SE, the holding subsidiary of RAG-Stiftung. The company oversees seven facilities located across Europe, North America and Asia.

Stakes 86
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PE firm Creador to buy 40% stake in Malaysia’s Pet World International

Private Equity Insights

Private equity firm Creador on Tuesday said it bought a 40 per cent stake in Malaysia’s Pet World International, months after Reuters reported the pet foods manufacturer was planning an initial public offering (IPO) in Singapore to raise up to $100 million. Source: Channel News Asia Can’t stop reading? billion rupees.

Stakes 130
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Carlyle Acquires Majority Stake in GBTEC with Funding from €3bn CETP Fund

Private Equity Insights

As part of the transaction, co-founder Marc-Oliver Stromberg and the extended GBTEC management team are reinvesting and investing respectively for significant stakes in the company. Main Capital Partners, which has supported GBTEC as a specialised software investor since 2019, has sold its stake in GBTEC as part of the transaction.

Stakes 130
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Sagard acquires 40% stake in CLO manager HalseyPoint

Private Equity Wire

Sagard, a global multi-strategy alternative investment fund with over $25bn in AUM across venture capital, private equity, private credit, real estate and royalties, is to acquire a 40% stake in US-based CLO manager HalseyPoint. To date, it has raised seven CLOs totalling over $3.2bn focused on US leveraged loans and high-yield bonds.

Stakes 86