Canadian fintech company Nuvei will acquire Atlanta-based payments and accounting provider Paya Holdings Inc. for $9.75 per share in a cash deal worth $1.3bn. Private equity firm GTCR agreed to tender their shares of Paya, which was originally acquired in 2017, with...
Investcorp, a leading global alternative investment firm, announced today that it is planning to invest up to $1bn in the real estate market in the GCC over the next five years. This follows Investcorp’s first real estate acquisition in the Kingdom of Saudi Arabia....
Private-equity firm Carlyle Group has acquired a majority stake in Indian beauty care and wellness solutions provider VLCC for around $300m, two sources told Reuters on Tuesday. The equity for the transaction will come from funds managed and advised by entities...
The California Public Employees’ Retirement System is making a $1bn wager that small private equity firms without the heft of the biggest buyout institutions can boost the pension giant’s returns and clout. Calpers, the largest public pension fund in the US, will...
Horizon Capital has exited its investment portfolio company AgriBriefing with a sale of the business to Five Arrow’s-backed Mintec, delivering 3x return on invested capital in the process. Headquartered in London, with offices in the US and France, AgriBriefing...