by Sebastian | Aug 8, 2023 | News
Shawbrook Group, a UK-based small business lender backed by private equity firms including BC Partners and Pollen Street Capital, is planning a £3.5bn merger with Co-operative Bank in what would be one of the most significant UK banking deals since the 2008 financial...
by Sebastian | Aug 8, 2023 | News
Worldwide Clinical Trials, a global, full-service contract research organization and an affiliate company of TJC, L.P. announced today that an affiliate of Kohlberg & Company, LLC, a leading private equity firm with over 35 years of experience partnering with...
by Sebastian | Aug 8, 2023 | News
Clayton, Dubilier & Rice (DC&R) is close to raising $23 billion for its new flagship buyout fund, overshooting its initial target by $3bn to defy an industry-wide slump in fundraising, the Financial Times reported on Tuesday. CD&R asked its investors if it...
by Sebastian | Aug 8, 2023 | News
Private equity firm Advent International has bought a majority stake in Australian fashion brand Zimmermann from the founding family and Italian fund Style Capital, it said. While the financial terms of the deal were not disclosed, two people close to the matter said...
by Sebastian | Aug 7, 2023 | News
Veritiv on Monday agreed to be bought by private equity firm Clayton, Dubilier & Rice (CD&R) in a $2.3bn deal that would take the packaging firm private. The buyout of Veritiv, which makes paper-based boxes and cartons, and glass containers, comes against the...
by Sebastian | Aug 7, 2023 | News
Private equity firms TDR Capital and Sycamore Partners are reportedly considering joining forces in a bid to buy global sandwich chain Subway. The sources said Subway expects to sell for more than US$9 billion, and that it was unclear whether the two companies would...