Fortissimo Capital Snaps Up Cellcom for $248m

Fortissimo Capital Snaps Up Cellcom for $248m

Israeli private equity fund Fortissimo Capital is closing on a deal to acquire Israeli telecommunications company Cellcom. Calcalist has learned that Fortissimo signed a memorandum of understanding on Monday with Discount Investment Corporation (DIC), which owns...
Trive Capital to Acquire Ten Entertainment Group for £287m

Trive Capital to Acquire Ten Entertainment Group for £287m

Ten-pin bowling operator Ten Entertainment Group PLC (LSE:TEG) has agreed to be taken over by US private equity firm Trive Capital for £287m.  The Texas-based firm has offered to pay 412.5p per share in cash, a 33% premium to the closing share price on Tuesday and...
Ares Management Raises $3.3bn for Real Estate Secondaries Fund

Ares Management Raises $3.3bn for Real Estate Secondaries Fund

Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that it has raised approximately $3.3bn of real estate secondaries capital, which comprises the Landmark Real Estate Fund IX (“LREF IX” or the “Fund”),...