by Sebastian | Nov 27, 2020 | ITPEC, News
The coronavirus pandemic is spurring deal opportunities in Italy’s luxury hotel sector as international travel restrictions aggravate financial woes. Italy is the only European country with more than 1m hotel rooms and big chains account for only 5 per cent of them,...
by Sebastian | Nov 23, 2020 | ITPEC, News
Milan-headquartered private equity firm Clessidra is preparing the launch of its fourth buyout fund before the end of the year, with a target of around €600m. Similar to its predecessor fund, the vehicle is generalist in terms of sector, but keeps its main focus on...
by Sebastian | Nov 23, 2020 | ITPEC, News
Italian home appliance maker De’ Longhi said on Monday it had agreed to buy U.S. home appliances maker Capital Brands Holdings Inc from private equity firm Center Lane Partners for around $420 million. De’ Longhi said the deal would make the United States its largest...
by Sebastian | Nov 22, 2020 | ITPEC, News
Illycaffe SpA, one of Italy’s largest coffee roasters, agreed to sell a minority stake to New York-based Rhone Capital LLC in a bid to boost its U.S. market presence. “It’s a strategic, non-financial deal that will allow Illycaffe to expand its business in the U.S....
by Sebastian | Nov 21, 2020 | BPEC, DPEC, FPEC, GPEC, IPEC, ITPEC, News, NPCD, PPEC, SPEC, UKPEC
KKR & Co. is preparing to raise another European buyout fund just a year after its last one, having comfortably outspent rivals during the coronavirus pandemic, according to people familiar with the matter. The U.S. private equity firm is in the early stages of...
by Sebastian | Nov 20, 2020 | ITPEC, News, NPCD
Just over a decade ago, processing electronic payments was largely regarded as a dull back-office function, including by the banks that did it. A deal this week to create one of Europe’s largest payments companies is a reminder of a group that took a very different...
