Silver Lake takes stake in breakdown firm RAC

Silver Lake takes stake in breakdown firm RAC

The RAC this morning said that private equity giant Silver Lake would take a stake in the breakdown assistance firm. The California-based investor will join GIC and CVC Strategic Opportunities I as a co-shareholder in the company. RAC chief executive Dave Hobday said...
Cinven buys Arcaplanet from Permira in €1bn-plus deal

Cinven buys Arcaplanet from Permira in €1bn-plus deal

Private equity firm Cinven has acquired a majority stake in Arcaplanet, a pet care retail chain in Italy, from Permira and co-investor Winch Capital Partners. Cinven acquired Arcaplanet for more than €1bn. As part of the deal, Cinven will back Arcaplanet to acquire...