Blackstone to take Apartment Income REIT private in $10bn deal

Blackstone to take Apartment Income REIT private in $10bn deal

Asset manager Blackstone known as AIR Communities, for $10 billion in cash, including debt, in what analysts see as a bet on easing pressure within the commercial real estate market. Under the deal, Blackstone will pay $39.12 for each share of the real estate...
STG to Acquire Gresham Technologies for £146.7m

STG to Acquire Gresham Technologies for £146.7m

Alliance Bidco, a limited company indirectly owned by Symphony Technology Group (STG Partners), a $10bn US private equity firm focused on data, software and analytics, has agreed to an all-cash £146.7m take-private of Gresham Technologies, a UK fintech specialising in...
Compass Group closes second oversubscribed fund with a $408m cap

Compass Group closes second oversubscribed fund with a $408m cap

US private equity firm Compass Group Equity Partners has closed Compass Group Fund III and hit its hard cap of $408m, the firm’s second oversubscribed fundraising in two years. According to a press release, the fund attracted “strong carryover” from investors in the...
Nalka Invest and Kirk Kapital acquire Norstat from Triton Partners

Nalka Invest and Kirk Kapital acquire Norstat from Triton Partners

Triton Partners’s Triton Smaller Mid-Cap Fund I has agreed to sell European consumer data collection platform Nemas Holdco (Norstat) to Swedish private equity firm Nalka Invest, with Danish investment firm Kirk Kapital acting as a large minority shareholder.  Terms...
Adams Street raises $1bn for first middle market CLO

Adams Street raises $1bn for first middle market CLO

The private credit team of Adams Street Partners, a private markets investment firm with more than $58bn in AUM, has held the final closing of ASP Summa, a $1bn middle market collateralised loan obligation (CLO). The CLO is a first for Adams Street and was structured...