Sandwich chain Subway is exploring a sale of its business, a source told Reuters on Wednesday. The sale could value the sandwich chain at more than $10bn, the Wall Street Journal first reported. The process, which is at an early stage, is expected to attract potential...
HTeaO, the country’s largest privately held iced tea franchisor, and Crux Capital and Trive Capital, two Dallas-based private equity firms, today announced that Crux and Trive have acquired a minority stake in HTeaO. Financial terms of the transaction were not...
TPG, a global alternative asset management firm, today announced the launch of the inaugural TPG NEXT fund, which will back the next generation of underrepresented alternative asset managers. CalPERS will anchor the fund with a $500m commitment, and TPG will continue...
Bain Capital is nearing a deal to acquire a minority stake in EcoCeres Inc., a biomass company majority owned by Hong Kong & China Gas Co., as the private equity firm seeks to boost its sustainable investing strategy, according to people familiar with the matter....
Anew Climate, a provider of carbon emission reduction products for businesses owned by TPG, has agreed to invest up to $640m in Terra Global Capital, the developer of carbon offsetting companies. The carbon offset market has grown as companies look for ways to reduce...
