Morgan Stanley’s private equity arm that focuses on middle-market companies said on Wednesday it had acquired environmental services and consulting firm Apex Companies. Morgan Stanley Capital Partners said the current owner of Apex, Sentinel Capital Partners, will...
Private equity firm Silver Lake Management said on Wednesday that it was considering a takeover of SAP-backed customer-survey software maker Qualtrics International. Silver Lake, which currently owns 4.2% of Qualtrics, plans to submit a proposal to buy the firm’s...
QAD, a business software maker was taken private by buyout firm Thoma Bravo in 2021 for $2bn, told Reuters on Wednesday it has agreed to acquire employee productivity platform Redzone for about $1bn. Redzone, which was founded in 2013, offers enterprise software...
U.S. private equity firm KKR is close to presenting a nonbinding offer for Telecom Italia’s (TIM) fixed-line network, three people close to the matter said, in the latest twist of a long-running saga centred around the debt-laden phone group. KKR, which is...
Blackstone said on Wednesday it had blocked withdrawals from its $69bn real estate income trust (BREIT) in January, as the private equity firm faced a surge in redemption requests from investors looking to cash out. BREIT said it fulfilled redemption requests of about...