Buyout firm Partners Group Holding AG has agreed to acquire DiversiTech Corp. from private equity firm Permira in a deal that values the air conditioning and electrical parts manufacturer at $2.2bn, including debt. The sale of the company is expected to close in...
HSBC Asset Management has closed its second directly-managed secondaries fund, Private Equity Opportunities II, having reached total commitments of more than $1bn. PE Opps II, which launched in August this year, will be managed by HSBC Alternatives’ private...
Real estate private-equity company Gaw Capital Partners has raised $1.2bn for a new Asia-Pacific focused fund. The new fund, Gateway Real Estate Fund VII, is Gaw Capital’s seventh Asia-Pacific real-estate fund, it said Wednesday. The company is aiming a total...
U.S. private equity firm Carlyle struck a $2bn deal to acquire AutoForm Engineering GmbH, a Switzerland-based industrial software provider. Carlyle is acquiring the business from smaller European buyout rival Astorg. The deal value wasn’t announced. According to...
Canadian power chip maker GaN Systems on Tuesday said it raised $150 million in a funding round led by Fidelity Management & Research as it seeks to expand its market share, including a big push into the electric car market. While a chip shortage has been plaguing... 