Blackstone Inc. (BX) is closing in on an acquisition of software developer Civica for $2.5bn, The Wall Street Journal reported Tuesday. The seller on the deal is Partners Group Holding AG, another private-equity firm that paid about $1.3bn for Civica in 2017. The...
Kinterra Capital (“Kinterra” or “the Firm”), a private equity firm that invests in and develops key critical minerals assets and strategic infrastructure necessary for the energy transition, today announced the closing of its debut fund, the Kinterra Battery Metals...
MiddleGround Capital, a Lexington, Kentucky-based operationally focused private equity firm that makes control investments in lower middle market industrial B2B and specialty distribution companies in North America and Europe, today announced the successful closing of...
Carlyle Group Inc. agreed to sell its entire stake in McDonald’s Corp.’s China operation to the hamburger chain operator for about $1.8bn, reaping a 6.7 times return in one of the investment giant’s best exits from the Asian nation. McDonald’s offer for Carlyle’s...
Lunate, a global alternative investment management company with more than $50bn of assets under management, and BNY Mellon, the world’s largest custodian and a leader in wealth management technology are investing in a new company, Alpheya, that will develop a...