by Sebastian | Feb 5, 2021 | News
Private equity and institutional investors were responsible for 54% of hotel investment volume last year, and they are likely to continue to drive activity in 2021. Private equity and institutional investors have started to return to the hotel market, a trend that...
by Sebastian | Feb 5, 2021 | News
Scottish temporary power company Aggreko is facing a potential £2bn takeover bid from a private equity consortium. TDR Capital and I Squared Capital have approached Aggreko’s board with an indicative bid over the last few days. The bid is at a significant...
by Sebastian | Feb 5, 2021 | News
The Carlyle Group’s big bet on a trendy fashion brand paid off in the fourth quarter of 2020, helping the firm to an earnings day surprise that sent its stock soaring. Carlyle posted net income of $518.8 million in Q4, a sharp turnaround after the firm lost...
by Sebastian | Feb 5, 2021 | News
Privately-owned Appalachian gas producer Alta Resources is exploring options that include a sale of its acreage for more than $3 billion, people familiar with the matter said on Thursday. The move comes as a prolonged slump in energy demand, caused by the COVID-19...
by Sebastian | Feb 5, 2021 | News
One of the world’s largest secondary investors in private equity deals is taking a stake in British Engineering Services (BES), a specialist testing business which traces its roots back more than 150 years. Sky News has learnt that Alpinvest, which is owned by the...
by Sebastian | Feb 5, 2021 | News
A blank-check company backed by private equity firm KKR & Co Inc is aiming to raise about $1 billion in its initial public offering (IPO), a regulatory filing showed on Thursday. The company, KKR Acquisition Holdings I Corp, said it would sell 100 million units,...