HBX Group, a private equity-owned hotel room wholesaler, plans to raise up to €725m through an IPO in Spain. This move positions HBX as the first major European listing of 2025. The company’s valuation could reach approximately €5bn. The IPO includes partial stake...
Ardian, a leading global private equity firm, raised $30bn for its latest secondary investments platform. This fundraising milestone is one of the largest in the private equity secondary market. It highlights the growing demand for liquidity solutions among...
Kering, the luxury group behind Gucci and Saint Laurent, has sold 60% of its stakes in three prime Paris properties to French private equity firm Ardian for €837m. The properties, located in Place Vendôme and Avenue Montaigne, house flagship stores for Balenciaga,...
IFM Investors has acquired a 49% stake in Splend, a $200m startup providing vehicle financing solutions for rideshare drivers. The investment aims to fuel Splend’s growth, enabling the company to expand its platform and fleet while strengthening its presence in key...
Global private equity and venture capital deal activity saw a 24.7% increase in value in 2024, reaching $639bn, according to S&P Global Market Intelligence. This growth comes despite a 6.5% decline in the volume of transactions, reflecting rising valuations and...