PE-backed exits saw record value in 2021

PE-backed exits saw record value in 2021

Insatiable investor demand has driven US PE-backed exit value to nearly 20-year highs, but it is unlikely this trend will hold up in 2022. PE-backed IPOs broke annual records for both total count and value in just the first three quarters of 2021, a phenomenon driven...
Leonard Green Sets $17bn Goal for Latest Fundraising Round

Leonard Green Sets $17bn Goal for Latest Fundraising Round

Private-equity firm Leonard Green & Partners, which has backed companies such as home-and-office-goods retailer Container Store and restaurant operator Velvet Taco Inc., has joined the growing ranks of large buyout shops seeking capital with plans to raise at...
Warburg Pincus exits Navitas in $3.3bn infrastructure deal

Warburg Pincus exits Navitas in $3.3bn infrastructure deal

Pipeline operator Enterprise Products Partners said on Monday it would buy Warburg Pincus-owned Navitas Midstream for $3.25bn in cash, entering the active Midland basin to tap into increased demand for natural gas infrastructure. Woodlands, Texas-based Navitas owns a...