by Sebastian | Feb 3, 2023 | News
Cvent Holding is exploring a sale that could value the cloud-based event-software provider at about $4bn, a person familiar with the matter told Reuters on Tuesday. The firm has attracted interest from private equity firms including Blackstone, the source added....
by Sebastian | Feb 3, 2023 | News
Focus Financial Partners has received a proposal from buyout firm Clayton, Dubilier and Rice (CD&R) to take it private at a $4.1bn valuation. CD&R has offered to buy the investment advisory firm for $53 per share in cash, with Focus now engaging in exclusive...
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...
