NFL team owners officially approved another way for them to receive money. The league’s franchise owners voted in favor of a rule change allowing private equity firms to buy a stake of up to 10% of a team, per Sportico, unlocking billions of committed and...
With increased financing costs and economic uncertainty reducing exit opportunities over the past five years, financial sponsors have found themselves with elongated holding periods and a need to explore levers they can pull during the holding period to create...
Global investment firm KKR has completed the acquisition of Varsity Brands, a team sports, athletics and spirit company, from Bain Capital and Charlesbank. The financial terms of the transaction have not been disclosed. Media sources report its value to be $4.75bn....
Houston-based private equity firm Pelican Energy Partners has agreed to acquire GSE Solutions, an engineering provider to the nuclear power industry, in an all-cash transaction. Under the terms of the merger agreement, which was unanimously approved by GSE’s...
Global software investors Insight Partners and Sixth Street Growth have made a $450m growth-equity investment in Kiteworks, a US provider of secure content communications. The investment marks a partial liquidity event and will see Eoin Duane and Peter Sobiloff from...