A consortium of private credit firms has lined up a roughly $2.9bn debt package backing Carlyle Group Inc.’s acquisition of US government contractor ManTech International marking the latest win for deal-hungry direct lenders. The group of lenders includes the credit...
QinetiQ US, a wholly owned subsidiary of QinetiQ Group and a leading defence company is to acquire Avantus Federal (Avantus) from NewSpring Holdings for an enterprise value of $590m. The combination of QinetiQ US and Avantus will create a powerful growth platform to...
US investment firm AllianceBernstein has closed Commercial Real Estate Debt Fund IV with $1.3bn of capital commitments. The firm said Fund IV will deploy a value-add transitional lending strategy. AB launched the US commercial real estate debt platform in 2013. It...
Avalara said on Monday it has agreed to be acquired by private equity firm Vista Equity Partners in a deal that values the tax automation software platform at $8.4bn including debt, one of the largest take-private deals this year as the M&A market slows down....
StepStone, a global private markets investment firm, today announced the final closing of StepStone Capital Partners Fund V, its fifth dedicated co-investment fund, raising $2.36bn of commitments. Through SCP V, StepStone seeks to build a diversified portfolio of...