KKR to Acquire UK Battery Storage Developer Zenobē in £800M Deal

KKR to Acquire UK Battery Storage Developer Zenobē in £800M Deal

US-listed private equity firm KKR is to acquire joint control of UK battery storage developer Zenobē in partnership with existing investor Infracapital, according to reports. The deal will see KKR buy a roughly 45% stake in Zenobē making it the largest shareholder in...
ECI Partners buys business comms specialist Commify for £257m

ECI Partners buys business comms specialist Commify for £257m

Private equity firm ECI Partners has bought Nottingham-based business comms specialist Commify in deal values at £257m. The deal has seen Hg –which invests in European and transatlantic software and services companies – sell its stake in the business having backed...
7iM sells majority stake to OTPP in £450m deal

7iM sells majority stake to OTPP in £450m deal

Caledonia Investments has agreed to sell its majority stake in Seven Investment Management (7IM) to Ontario Teachers’ Pension Plan Board for a cash sum of approximately £255 million, net of transaction costs. As of 31 March 2023, Caledonia’s stake...