CVC and Cinven make noise in £1.5bn sale of Audiotonix

CVC and Cinven make noise in £1.5bn sale of Audiotonix

The private equity backer of Six Nations Rugby is drawing up plans for a £1.5bn bid for Audiotonix, the British-based manufacturer of equipment used by bands such as Coldplay. Sky News has learnt that CVC Capital Partners is among the private equity firms examining...
TA Associates and Warburg Pincus mull $2bn Procare sale

TA Associates and Warburg Pincus mull $2bn Procare sale

Private equity firms TA Associates and Warburg Pincus are exploring a sale of portfolio company Procare Solutions, a provider of child-care management software, that could value the business at nearly $2bn, including debt, according to a report by Reuters. The report...
NYSTRS committed $400m to private debt last year

NYSTRS committed $400m to private debt last year

The New York State Teachers Retirement System (NYSTRS) committed $400m (£315.55m) to private debt funds between October and December last year. The pension fund allocated $300m to the OIC Credit Opportunities IV fund, while the remaining $100m was committed to the...