KKR Closes $1.62bn Acquisition of Simon & Schuster

KKR Closes $1.62bn Acquisition of Simon & Schuster

Global investment firm KKR has successfully completed the previously announced acquisition of Simon & Schuster from Paramount Global in a $1.62bn (£1.33bn) all-cash transaction.  Simon & Schuster is now a standalone private company, and the only independent...
Brynwood Partners Closes Largest Fund at $750m

Brynwood Partners Closes Largest Fund at $750m

Brynwood Partners, a private equity firm focused on control investments in consumer product businesses, closed its ninth fund, Brynwood Partners IX L.P., with over $750m of committed capital. With a diverse group of investors including pension funds, insurance...
Everstone Capital to Sell Everlife Holdings for Up to $1bn

Everstone Capital to Sell Everlife Holdings for Up to $1bn

Singapore-headquartered private equity firm Everstone Capital has hired BDA Partners to run a sale of Everlife Holdings that could value the healthcare services company at up to $1bn, two sources with knowledge of the matter said. Non-binding offers for Everlife,...
Ares Management Corporation Closes $6.6bn Pathfinder Fund II

Ares Management Corporation Closes $6.6bn Pathfinder Fund II

Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today the final closing of Ares Pathfinder Fund II, L.P. and Ares Pathfinder Fund II (Offshore), L.P. (and together with parallel vehicles, “Pathfinder II” or...