An affiliate of HIG Capital, a global alternative investment firm with $45bn of equity capital under management, has completed the acquisition of Pegasus Home Fashions. Founded in 1990 and headquartered in Elizabeth, NJ, Pegasus is one of the country’s largest and...
Geoffrey Osborne has sold its £200m revenue infrastructure business to London private equity firm Sullivan Street Partners. The deal for an undisclosed sum cuts the family-owned south east contractor’s ties with civil engineering on which it was founded 55 years ago....
Morrisons has agreed to a £7bn takeover by Clayton, Dubilier & Rice, which increased its offer for a takeover of the supermarket chain. Morrisons’ share price surged 4.5%. Earlier, CD&R had made an offer of 230p a share, which valued Morrisons at £5.5bn,...
BlackRock Real Assets is to acquire an equity stake and inject more than $100m into a solar developement and investment company Brite Energy Partners. Brite Energy is to use the capital to acquire and build small-scale solar assets in South Korea to deliver more than...
Blackstone Group will invest as much as $500m in the solar equipment manufacturer Array Technologies. Funds managed by Blackstone Energy Partners will buy $350m in preferred stock from the Albuquerque, New Mexico-based solar company and retain the option to purchase...
