by Sebastian | Jan 28, 2021 | News
A private equity firm is consulting with Goldman Sachs bankers as it closes in on a $344 million purchase of global teleradiology firm Everlight, according to a report published Wednesday. Sydney, Australia-based Pacific Equity Partners has emerged as the frontrunner...
by Sebastian | Jan 28, 2021 | News
Private equity firm American Industrial Partners is considering a sale of Cabinetworks Group that could value the building products company at about $3.5 billion, according to people familiar with the matter. New York-based AIP is working with advisers on strategic...
by Sebastian | Jan 28, 2021 | News
TCV has closed TCV XI, its largest fund to date at USD4 billion. TCV turned 25 in 2020. Over our first quarter-century, the firm has invested more than USD14 billion, guided 65 companies through IPOs and executed 64 strategic sales. “Over a quarter century,...
by Sebastian | Jan 28, 2021 | News
L Catterton, the $20 billion private equity firm co-founded by LVMH, has lodged confidential filings to launch a special purpose acquisition company that aims to raise about $250 million for targets in Asia, according to people familiar with the matter. L Catterton...
by Sebastian | Jan 28, 2021 | News
Investors were allocating to private equity and venture capital funds in record volumes, banking on their perceived stability and expected continuing high returns. But when the COVID cloud moved in, the bright stars of PE and VC dimmed. Will they go completely dark? ...
by Sebastian | Jan 28, 2021 | News
The National Basketball Association (NBA) has moved closer to a framework for allowing private equity investors to own minority stakes in multiple franchises, according to a report by Sportico. Basketball league’s board sets limit at 20% stake per institutional...
