Building materials firm CRH has agreed to sell its US-based unit that manufactures glass products to private equity firm KPS Capital Partners for $3.8bn. CRH is the world’s second-largest building materials supplier. The business being sold makes architectural...
The Ontario Municipal Employees Retirement System returned 15.7% last year, driven by gains in its private equity and stock holdings. The increase, which exceeded the 6.6% benchmark, pushed net assets to $121 billion (US$95.4 billion). Net investment income stood at...
Behrman Capital, a private equity investment firm based in New York, announced the closing of Behrman Capital Micross CF, a new single asset continuation fund of approximately $500 million in connection with the sale of its portfolio company Micross Components, the...
E-grocer Weee! has raised $425m in a late-stage funding round led by SoftBank Vision Fund 2, riding on investor interest in a sector that has been one of the biggest winners of the pandemic. Greyhound Capital and existing shareholders also took part in the round that...
Cinven is nearing a deal to acquire Bayer AG’s pest control business, according to people with knowledge of the matter. The private equity group beat out other investment firms for the Environmental Science Professional unit, the people said, asking not to be...