by Sebastian | Jan 7, 2021 | News, UKPEC
For the last 10 years, it has taken an average 15 to 18 months for a private equity fund to close, according to Preqin data. In 2020, a list of private equity firms in North America has shattered those parameters, gathering multibillions of dollars in a few months....
by Sebastian | Jan 7, 2021 | News, UKPEC
The Carlyle Group has made s strategic growth investment through a $374 million commitment to Amp Solar Group. Equity capital for the transaction has been committed from Carlyle’s Global Infrastructure Opportunity Fund and Carlyle’s Renewable & Sustainable Energy...
by Sebastian | Jan 7, 2021 | News, UKPEC
Prophix, a global leader in Corporate Performance Management (CPM) software, today announces an investment from Hg, a leading global software investor. The deal values the company at between $500m and $600m. Hg’s investment is expected to accelerate and scale...
by Sebastian | Jan 6, 2021 | News, UKPEC
US private equity group Lone Star has shelved the £3bn sale of its UK residential property company Quintain, blaming the worsening coronavirus situation. Formal bids for Quintain, which owns the Wembley Park development site, were due to be submitted later this month...
by Sebastian | Jan 6, 2021 | News
Deal making among oil and gas producers was at its highest for the year in the fourth quarter of 2020 as the pandemic-driven fallout in commodity prices spurred a wave of consolidation between explorers looking to scale up and drive down costs, a report from analytics...
by Sebastian | Jan 6, 2021 | News
U.S. drug wholesaler AmerisourceBergen Corp said on Wednesday it would buy Walgreens Boots Alliance’s distribution business for $6.5 billion to expand in Europe as well as to compete better in the U.S. healthcare sector. The deal will help Walgreens focus more on core...