by Sebastian | Nov 8, 2022 | ITPEC, News
European private equity major Hg has raised $11bn for its latest fund, Saturn 3, significantly ahead of its original $8.5bn and making it the largest European buyout fund to close so far this ear, according to a report by Private Equity International. The fund which...
by Sebastian | Nov 8, 2022 | News
Eurazeo has made a roughly 2.7x return selling candle, soap and perfume specialist Nest New York to private equity house North Castle Partners. The deal values Nest at about $200m. Eurazeo will keep a minority ownership position, as will Nest founder Laura Slatkin....
by Sebastian | Nov 8, 2022 | News
While rising borrowing costs are not yet dampening private equity firms’ ability to pay premiums for operating renewable energy assets, Brookfield Renewable Partners LP does expect rising interest rates to eventually erode high valuations. “Rates...
by Sebastian | Nov 8, 2022 | News
2022 is set to rank as one of the top years for private equity investment in the electric vehicle ecosystem after a surge of deals in the third quarter. In aggregate, global private equity and venture capital investments in electric vehicles and components stood at...
by Sebastian | Nov 8, 2022 | News
KKR & Co has made an offer to buy Albioma, an independent renewable energy producer in France, for €485m. CDPQ, the main lender in the transaction, alongside other commercial lenders and banks, has provided the acquisition financing to support the tender offer....
by Sebastian | Nov 7, 2022 | News
Werfen, a global developer, manufacturer and distributor of specialised diagnostic instruments, is to acquire Immucor, Inc, a US-based specialist in transfusion and transplant in vitro diagnostics, from private equity firm TPG for approximately $2bn. The acquisition,...