Authentication software firm Ping Identity said on Wednesday Thoma Bravo would take it private for $2.4bn, joining the firms in the cybersecurity space acquired by the buyout firm after the pandemic drove up demand for the sector. Shares of Ping Identity, which offers...
Oman’s Private equity infrastructure fund Rakiza has announced the receival of a capital commitment fund worth $300m from Saudi Arabia’s Public Investment Fund. Rakiza is co-managed by Oman Infrastructure Investment Management and Equitix, and focuses on the...
Rolls-Royce said on Wednesday it had secured the final regulatory clearance for the sale of ITP Aero to investors led by Bain Capital, with the completion of the $1.8bn deal expected in the coming weeks. The approval, from the Spanish government, means Rolls has...
KKR is to sell Minnesota Rubber and Plastics, a leading provider of materials science-based elastomer and thermoplastic solutions, to Trelleborg Group, a leader in engineered polymer solutions, in a transaction valued at approximately $950m. Since KKR’s acquisition in...
Intermediate Capital Group has almost doubled its predecessor to close its eighth European Corporate fund on €8.1bn. Europe VIII significantly beats its €7bn target and exceeded its hard cap. It is also 90% bigger than Europe VII. The fund has attracted commitments... 