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...
by Sebastian | Feb 2, 2023 | News
Blackstone said on Wednesday it had blocked withdrawals from its $69bn real estate income trust (BREIT) in January, as the private equity firm faced a surge in redemption requests from investors looking to cash out. BREIT said it fulfilled redemption requests of about...
by Sebastian | Jan 31, 2023 | News
One of Britain’s biggest privately owned educational resources providers are negotiating the sale of a large minority shareholding in a transaction that would value Twinkl at approximately £500m. Sky News has learned that Jon and Susie Seaton, who established...
by Sebastian | Jan 31, 2023 | News
Atlas Technical Consultants Inc said on Tuesday the infrastructure and environmental solutions provider will be acquired by private investment firm GI Partners in an all-cash deal valued at nearly $1bn, including debt. Shareholders of Atlas are set to receive $12.25...
by Sebastian | Jan 31, 2023 | News
EuroGroup Laminations, which makes electric motor and generator components, said on Tuesday it was aiming for a market capitalisation of up to $1bn in an initial public offering (IPO) in Milan. French private equity group Tikehau Capital holds a 30% stake in the...
