Blackstone to Buy Bulk Purchaser CoreTrust From HCA Subsidiary

Blackstone to Buy Bulk Purchaser CoreTrust From HCA Subsidiary

Blackstone is buying a company that controls how a swath of businesses owned by private equity firms secure and pay for goods and services as varied as printers, pallets and postage. The world’s largest alternative asset manager agreed to buy a majority stake in...
Innova Capital holds first close of seventh fund at €220m

Innova Capital holds first close of seventh fund at €220m

Innova Capital has raised over €220m for the first close of its latest fund – Innova/7 – achieving 60 per cent of the fund’s €350m target in just 10 months. The vast majority of the capital was committed by existing investors (LPs) of prior funds. Commitments...
Investindustrial to Pay $950m for TreeHouse Prep Unit

Investindustrial to Pay $950m for TreeHouse Prep Unit

European private equity firm Investindustrial is expanding its presence in the United States with the acquisition of two businesses, including one deal that is expected to create one of the largest suppliers of private label food products in the world. First, the...