by Sebastian | Feb 3, 2023 | News
Former Goldman Sachs President Harvey Schwartz is in talks with Carlyle Group to become the private equity firm’s next CEO and has a emerged as a top contender for the job, according to people familiar with the matter. Carlyle board members and shareholders have...
by Sebastian | Feb 3, 2023 | News
Oakley Capital, a leading pan-European, mid-market private equity investor, is pleased to announce the close of Oakley Capital V at its hard cap and exceeding its €2.5bn target. Fund V’s record raise is almost double the size of predecessor Fund IV, thanks to strong...
by Sebastian | Feb 2, 2023 | News
Morgan Stanley’s private equity arm that focuses on middle-market companies said on Wednesday it had acquired environmental services and consulting firm Apex Companies. Morgan Stanley Capital Partners said the current owner of Apex, Sentinel Capital Partners, will...
by Sebastian | Feb 2, 2023 | News
Private equity firm Silver Lake Management said on Wednesday that it was considering a takeover of SAP-backed customer-survey software maker Qualtrics International. Silver Lake, which currently owns 4.2% of Qualtrics, plans to submit a proposal to buy the firm’s...
by Sebastian | Feb 2, 2023 | News
QAD, a business software maker was taken private by buyout firm Thoma Bravo in 2021 for $2bn, told Reuters on Wednesday it has agreed to acquire employee productivity platform Redzone for about $1bn. Redzone, which was founded in 2013, offers enterprise software...
by Sebastian | Feb 2, 2023 | News
U.S. private equity firm KKR is close to presenting a nonbinding offer for Telecom Italia’s (TIM) fixed-line network, three people close to the matter said, in the latest twist of a long-running saga centred around the debt-laden phone group. KKR, which is...