Philips agreed to sell its Emergency Care business to U.S.-based private equity firm Bridgefield Capital as part of its ongoing strategic refocus. The financial details of the transaction were not disclosed, but the deal includes a 15-year licensing agreement that...
Private equity investment in Japan jumped 40.8% in 2024, reaching $17.9bn. This growth pushed Japan’s share of private equity and venture capital deals in the Asia-Pacific region to 15.6%, according to S&P Global Market Intelligence. Analysts expect momentum to...
Bertram Capital exited its investment in Best Version Media (BVM) through a sale to H.I.G. Capital. The Wisconsin-based BVM is a leading provider of print and digital advertising solutions, serving over 30,000 small and medium-sized businesses (SMBs) across more than...
Seven-time NASCAR champion Jimmie Johnson has taken a significant step in his motorsports career, becoming the majority owner of Legacy Motor Club. Johnson acquired the majority stake previously held by team founder Maury Gallagher, who will remain involved as an...
Fengate Asset Management closed its North America Infrastructure Fund IV with $1.1bn in capital commitments, exceeding its target. The fund, the largest ever raised by Fengate, drew support from institutional investors, including the LiUNA Pension Fund of Central and... 