by Sebastian | Mar 11, 2023 | News
BlackRock is starting two private equity funds targeting wealthy individuals in Europe, as the world’s largest asset manager seeks to tap rising appetite for alternatives among the rich. The New York-based group expects to raise about $1.1bn or more for the new...
by Sebastian | Mar 11, 2023 | News
Gruppo Florence, a hub of Italian clothing manufacturers that supply top luxury brands, has given private equity firm Permira access to its books to facilitate a potential sale, two sources close to the matter said on Monday. Gruppo Florence is working with Bank of...
by Sebastian | Mar 11, 2023 | News
Software deals have been dominating the biggest PE-led take-private deals, and Silver Lake’s newest target is no exception. On Monday, B2B SaaS company Qualtrics received a $12.4bn buyout offer from Silver Lake in partnership with Canada’s largest public...
by Sebastian | Mar 10, 2023 | News
Goldman Sachs Asset Management and Bain Capital are among those interested in acquiring the Subway sandwich chain, according to a new report from United Kingdom-Based Sky News. Other potential suitors include TDR Capital and TPG, while TSG Consumer Partners is “also...
by Sebastian | Mar 9, 2023 | News
WHP Global said on Wednesday its valuation rose to $1.6bn after the New York-based brand management firm raised fresh capital from funds managed by the private equity unit of Ares Management Corporation. WHP Global, which was founded in 2019 by retail industry veteran...
by Sebastian | Mar 8, 2023 | News
John Wood Group said it may reject a sweetened $1.98bn buyout proposal from private-equity firm Apollo Global Management, as it still undervalued the British oilfield services and engineering company. The proposal by Apollo on March 6 was a cash offer valuing the...
