by Sebastian | Mar 1, 2024 | News
Private equity firm KKR formally announced Monday that it plans to buy VMware’s End User Computing business in deal worth $4 billion. Word of the deal has been rumored for days in the IT industry and the channel. Broadcom had said it would find a new home for VMware’s...
by Sebastian | Mar 1, 2024 | News
Rover Group, Inc. (“Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced the completion of its acquisition by private equity funds affiliated with Blackstone (“Blackstone”) in an all-cash transaction valued at approximately...
by Sebastian | Mar 1, 2024 | News
Barclays has agreed to sell approximately $1.1 billion worth of credit card debt in the US to private equity firm Blackstone, to expand its lending capacity and reduce balance sheet risk. Barclays Bank Delaware (BBDE) has signed the agreement with insurance accounts...
by Sebastian | Mar 1, 2024 | News
KKR & Co. is exploring options including selling its controlling stake in India’s JB Chemicals & Pharmaceuticals Ltd. amid interest from potential buyers, according to people familiar with the matter. The US private equity firm is looking to hire financial...
by Sebastian | Feb 23, 2024 | News
Lower middle market investment manager Keystone Capital Management (Keystone), has held the first and final closing of its oversubscribed Keystone Fund III (Fund III) after just four months of fundraising at its hard cap of $630m in capital commitments. Keystone...
