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Privateequityfirm TSG Consumer Partners bought a 22% stake in BrewDog in 2017 for around 213m. Nonetheless, founder James Watt remains a significant shareholder, and the company has yet to start a formal process. Craft beer brand BrewDog , with a valuation of 1.8bn, has expressed interest in a London IPO.
The funds stake, along with those of co-investors and other selling shareholders, has been acquired by Beltone Capital, a wholly owned subsidiary of Egypt-listed Beltone Holding. The transaction will see Beltone take a majority stake in Baobab.
HBX Group, a privateequity-owned hotel room wholesaler, plans to raise up to 725m through an IPO in Spain. The IPO includes partial stake sales by current shareholders, including CPPIB, Cinven, and EQT. This move positions HBX as the first major European listing of 2025.
on Monday after news that privateequityfirm Triton Partners has acquired a substantial stake in the drug discovery and development specialist ahead of a potential takeover bid for the company, according to a report by Bloomberg. Shares of Germany’s Evotec SE rose by up to 16.2%
Vista Equity first acquired a majority stake in 2016 and later merged Granicus with GovDelivery, another Vista-backed firm. Harvest Partners joined as a significant shareholder in 2020 after acquiring a stake from Vista and K1 Investment Management.
CDP Equity (CDPE), a subsidiary of the Cassa Depositi e Prestiti Group (CDP), and Trilantic Europe, a prominent pan-European privateequityfirm, have jointly acquired a majority stake in Diagram Group, an Italian agritech innovator.
Polish laboratory operator Diagnostyka SA, backed by privateequityfirm Mid Europa Partners, is gearing up for an IPO on the Warsaw Stock Exchange. The offering will feature shares held by Mid Europa, which owns a 47.83% stake in the company. Market estimates suggest the IPO could value Diagnostyka at over $1.2bn.
The privateequityfirm, along with Amplitudes management and minority shareholders, will sell 85.6% of the business at 6.25 per sharean 80.6% premium over the last closing price.
Data shows that the number of privateequity (PE) firms holding stakes in Indian IT services companies has doubled between 2019 and 2022, indicating a growing interest in the sector. These firms view IT services companies as safe investments due to their proven business models and profitability.
Australian vehicle leasing and management company SG Fleet has entered exclusive negotiations with Pacific Equity Partners (PEP) following a takeover proposal from the privateequityfirm that values the company at around AUD1.2bn (US780.1m). to 12% decline from the previous fiscal year.
UK-based European privateequityfirm TDR Capital has made a majority investment in CorpAcq, a business acquisition compounder based in Altrincham, UK, which specialises in investment in UK SMEs with a focus on industrial products and services. CorpAcq shareholders were advised by UBS and Reed Smith.
Privateequityfirms have entered the National Football League (NFL) ownership arena for the first time, with Ares Management acquiring a 10% stake in the Miami Dolphins and an Arctos Sports Partners-led investor group acquiring a minority stake in the Buffalo Bills, according to a report by the Financial Times.
French payments company Worldline (WLN.PA) is attracting early-stage takeover interest from privateequityfirms, including Bain Capital, as it faces a challenging period of falling share prices, profit warnings, and leadership changes, according to a report by Reuters.
The New York-based privateequityfirm, which focuses on middle-market buyouts and growth investments, first backed Simple Mills in October 2019, becoming its largest shareholder. The deal marks the end of Vestars five-year investment in the company, during which it played a pivotal role in scaling the brands growth.
IK Small Cap II Fund, a fund owned and managed by European privateequityfirm IK Partners, has agreed to sell its stake in GeoDynamics, a Belgian software firm focused on solutions for Human Resources finance professionals, to Blinqx. Both Stijn and Peter will also become co-shareholders in Blinqx.
per cent stake in electronic payment services provider AXS to Tower Capital Asia, a privateequityfirm based in Singapore. The bank will retain a minority stake of 9.9 It did not disclose the stake’s sale price. per cent stake in electronic payment services provider AXS to. per cent, at $31.01
A consortium led by privateequityfirms Starwood Capital Group and Warburg Pincus has made a HKD55.19bn ($7.09bn) bid to take Hong Kong-based real estate investment firm ESR Group private, according to a report by Reuters citing a company announcement on Wednesday. The offer represents a 55.7% per share.
German privateequityfirm has completed its sixth exit of the year with the successful stock market debut of portfolio company, Steyr Motors, in the Scale segment of the Frankfurt Stock Exchange under the ticker symbol 4X0. stake in the business. The first quotation was €15.90
The business, which owns book retailers Foyle’s and Waterstones, has reportedly said it would be interested in buying Reiss for upwards of £500m from Next and its other shareholderprivateequityfirm Warburg Pincus, Sky News reported. Source: Drapers Can’t stop reading?
US radio giant iHeartMedia is lined up for a $100m windfall from the sale of BMI to a shareholder group led by New Mountain Capital. Last week we learned that privateequityfirm New Mountain Capital (NMC) will “lead a shareholder group” to acquire a majority stake in BMI.
Coalesce Capital (Coalesce), a privateequityfirm focused on investing in business services companies, has completed a majority growth recapitalisation in executive compensation and leadership consultancy, Pearl Meyer & Partners (Pearl Meyer). Ropes & Gray served as legal advisor to Coalesce Capital.
Privateequityfirms Apollo Global Management and BC Partners have joined forces to agree a deal to acquire GFL Environmentals Environmental Services business at an enterprise value of CAD8bn ($5.59bn). GFL expects to realise cash proceeds from the transaction of approximately CAD6.2bn net of the retained equity and taxes.
Aston Martin F1 team sells stake to privateequityfirm at $1bn valuation. While exact figures have not been disclosed, Aston Martin has reported on the eve of the inaugural Las Vegas Grand Prix that Arctos Partners has acquired a “minority shareholding in AMR Holdings GP Limited, the team’s holding company”.
Japanese IT company Fuji Soft’s founding family has reaffirmed its support for a takeover proposal by privateequityfirm Bain Capital, despite opposition from Fuji Soft’s board, according to a report by Reuters citing a jointly released statement with Bain. Bain’s bid aims to acquire 50.1%
Privateequityfirm KSL said on Monday it intends to buy Hersha Hospitality Trust , the owner of 25 U.S. The move would take private Hersha at an approximately 60% premium to the real-estate investment trust’s closing stock price on Friday. The deal is slated to close by year-end after shareholders okay the move.
Buyout firm EQT AB is teaming up with Germany’s richest man to acquire a 35% stake in German bus and train operator Flix SE. The privateequityfirm is investing through EQT Future, an impact-driven fund with a longer holding period. read more Blackstone’s Zawadzki Sees Private Credit as $25tn Market The $1.7
privateequityfirm General Atlantic is weighing joining co-shareholder Hg in selling its stake in Argus Media, which could lead to 50% of the oil pricing data business being sold, four people familiar with the matter told Reuters. Argus Media, Hg and General Atlantic declined to comment.
Omnes Capital, a €6bn Paris-based privateequityfirm investing across energy transition and innovation, has completed its acquisition of a majority shareholding in EEF Erneuerbare Energien Fabrik (EEF), a German developer of energy solutions with locations in Berlin, Hamburg and Wiesbaden.
Café bar chain Joe & the Juice has secured an agreement with privateequityfirm General Atlantic which will see the firm hold a majority stake in the company. The US privateequityfirm is thought to value the business at $600m (£489.1m), including debt.
Hg has drawn interest from potential investors, including Mubadala and CDPQ, for its stake in Argus Media, four people familiar with the matter said, in a deal that could value the oil pricing data business at $4.87bn. Mergermarket reported that Hg was considering options for its stake in Argus in September.
State Bank of India (SBI), the country’s largest lender, aims to strike a deal by end-March for the sale of its 24% stake worth 184.2 Japanese lender Sumitomo Mitsui Banking Corp and Dubai-based Emirates NBD (ENBD.DU) are in advanced talks to acquire a majority stake in Yes Bank, two of these sources said. billion rupees ($2.2
KKR initially acquired about 60% of Global Atlantic in February 2021 in a transaction valuing the retirement and life insurance company at roughly $4.7bn, joining other privateequityfirms in acquiring stakes in annuities providers. The strategy has about $35 billion of assets, including $6.5bn on KKR’s balance sheet.
Privateequityfirm MBK Partners has teamed with Young Poong Corp, the largest shareholder of Korea Zinc Co, to launch a joint tender offer to acquire a controlling stake in the world’s leading refined zinc producer, valuing the company at KRW13.7tn won ($10.3bn), according to a report by Bloomberg.
Azimut will sell all of its stake in private credit fund Kennedy Lewis to Goldman Sachs’ privateequity unit Petershill Partners. Read more BC Partners sells IT group Presidio to CD&R in $4bn deal UK private investment firm BC Partners has agreed to sell Presidio, a provider of IT services to.
billion all-cash offer from privateequityfirm Silver Lake and Canada Pension Plan Investment Board (CPP Investments). Shareholders have been offered $18.15 The deal has been financed substantively by “equity commitments” from Silver Lake and “co-investors,” with CPP Investments contributing $1.75
Li Chaowang, Vinda’s founder and second-largest shareholder, is also considering teaming up with a bidder for the firm, they said, which has a market value of around $2.4bn. Its stake in Vinda is valued at about HK$9.8bil (US$1.3bil), based on the current stock price.
Prima Assicurazioni, an insurance start-up backed by some of the world’s largest privateequityfirms, is seeking indicative offers this week to bring in a new minority investor and raise fresh cash, two people close to the matter told Reuters. sports Source: Reuters Can’t stop reading?
The owners of fund administrator Alter Domus are pursuing the sale of a stake in the Luxembourg-based group that could value it at more than $4.4bn, three people familiar with the matter told Reuters. The shareholders, which include the company’s founders and buyout firm Permira, have been working with bankers at Goldman Sachs (GS.N)
AT&T is selling its stake in DirecTV Last month, AT&T announced it would be selling the 70% stake it has in DirecTV to TPG , a privateequityfirm, for $7.6 When it eventually gave up on that idea, it became a better dividend stock. Now, with its latest move, it may be an even better one. Let's see why.
These deals enable companies to unlock the value of their real estate while providing them with the capital they can use to repay debt, expand their operations, or fund cash returns to shareholders. Finally, it owns a stake in cold storage company Lineage Logistics, currently valued on its balance sheet at $400 million.
PAI Partners has made a binding offer for a majority stake in Naxicap Partners-owned hospitality equipment and consumables business ECF Group. Naxicap would remain a minority shareholder following the deal for ECF, which has annual revenues of about €760m.
Saudi Arabia’s Public Investment Fund will buy a 10% stake in London Heathrow Airport as part of a shareholder reshuffle, becoming a partial owner in one of Europe’s busiest airports alongside the Qatar Investment Authority. The fund is buying the stake as Spain’s Ferrovial sells down its 25% holding. Each has a stake below 13%.
Pan-European privateequityfirm Silverfleet Capital will sell its minority stake in OneStock, a European order management system SaaS provider, to private investment firm Summit Partners. Silverfleet and the selling shareholders were advised by Alantra and Hogan Lovells.
Private asset manager Bridgepoint has exited its majority investment in sports nutrition company Vitamin Well with a sale to international privateequityfirm Cinven, which is now the company’s largest shareholder and lead investor. Bridgepoint will retain a significant minority shareholding in Vitamin Well.
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