Carlyle has sold its stake in PA Consulting Group in a deal valuing the UK-based advisory firm at £1.8bn, which ends a highly-acquisitive five-year period of private equity ownership. Dallas-based US consultancy Jacobs Engineering Group will buy a 65 per cent stake in...
Blackstone today announced that it has agreed to acquire DCI, a pioneer in quantitative credit investing with approximately $7.5 billion in AUM across the global investment grade, high yield and emerging corporate credit markets. The firm, based in San Francisco,...
Pittsburgh’s largest private equity firm, Incline Equity Partners, announced a pair of acquisitions by its portfolio company, Wholesale Supplies Plus. WSP, an Independence, Ohio-based distributor of materials, supplies and packaging used in the production of soap,...
Abu Dhabi’s biggest sovereign fund is in talks with U.S. firm KKR to invest in Telecom Italia’s (TIM) last-mile network in a deal that has drawn scrutiny from Italy’s government, three sources close to the matter told Reuters. Rome typically welcomes foreign...
Oslo-based private equity firm Longship has closed its second fund at the hard cap of NOK1.7bn (€160m). The vehicle is slightly larger than the firm’s maiden fund, reported to have raised €133m in 2016. The firm, a lower mid-market buyout specialist, now manages... 