Blackstone’s growth fund is buying a majority stake in Supergoop!, the 15-year-old sunscreen brand. The senior management of Supergoop, including founder Holly Thaggard and Chief Executive Officer Amanda Baldwin, will retain significant equity ownership after the...
Nordic private equity groups are investing in cyber security companies amid growing demand for specialist services to protect critical IT infrastructure ncreasing interest in the security sector from Nordic private equity firms is a reflection of growing threats and...
Record-breaking fundraising, rising dry powder, and faster fundraising cycles; private equity is on steroids. Buyout shops worldwide have raised more than $714bn in dry powder so far this year, according to data provider Preqin, and the mountain of unspent capital is...
Advent International and Centerbridge Partners offered to buy Aareal Bank AG, the German commercial real estate lender that’s been under pressure from activist investors. The private equity firms offered 29 euros per share, valuing the company at 1.74 billion euros...
Ares Management Corporation announced that funds managed by its Alternative Credit and U.S. Direct Lending strategies led the arrangement and funding of a $400m loan facility for CrossCountry Mortgage. CDPQ, a global investment group, also participated in the... 