Carlyle to Buy Switzerland’s AutoForm Engineering in $2bn Deal

Carlyle to Buy Switzerland’s AutoForm Engineering in $2bn Deal

U.S. private equity firm Carlyle struck a $2bn deal to acquire AutoForm Engineering GmbH, a Switzerland-based industrial software provider. Carlyle is acquiring the business from smaller European buyout rival Astorg. The deal value wasn’t announced. According to...
Unilever Bags $5bn Deal With CVC For Tea Business

Unilever Bags $5bn Deal With CVC For Tea Business

Unilever has agreed to sell its global tea business to CVC Capital Partners for $5.1bn, concluding a process of reviewing and spinning off the division that took more than two years. The business being sold, called Ekaterra, hosts a portfolio of 34 tea brands...
PE firm Permira invests $150m in hiking app AllTrails

PE firm Permira invests $150m in hiking app AllTrails

AllTrails, which operates a popular digital guide app for hikers, has raised $150m in fresh capital from the growth fund of private equity firm Permira, the U.S. company’s chief executive told Reuters on Tuesday. Another private equity shop Spectrum Equity, which...