Peloton shares surge as news of PE buyout interest breaks

Peloton shares surge as news of PE buyout interest breaks

Shares in Peloton soared by as much as 18% on Tuesday after CNBC reported that several private equity firms are considering a buyout of the connected fitness company, which is looking to refinance its debt and return to growth after 13 consecutive quarters of losses....
Arjun closes Infrastructure Alliance Europe 2 fund at €1.1bn

Arjun closes Infrastructure Alliance Europe 2 fund at €1.1bn

Independent European infrastructure fund manager Arjun Infrastructure Partners has held the final close of its Infrastructure Alliance Europe 2 fund with total capital commitments of €1.1bn, with an additional €300m allocated to its co-investment programme. Arjun...
Platinum Equity Advisors targets Marston’s pub group takeover

Platinum Equity Advisors targets Marston’s pub group takeover

Pub giant Marston’s has been approached by a US private equity firm over a potential takeover. Shares in the Wolverhampton-based company surged by more than a fifth immediately after it confirmed the proposal regarding a potential cash offer by Platinum Equity...
Bain Capital nearing final close of Asia fund worth $6bn

Bain Capital nearing final close of Asia fund worth $6bn

U.S. private equity firm Bain Capital is nearing the final close of its fifth and biggest Asia-focused fund after having raised around $6 billion from global investors, said two people with knowledge of the situation. The committed capital to the fund has exceeded the...
Alto Partners and Arca Fondi acquire pharma manufacturer Eurosirel

Alto Partners and Arca Fondi acquire pharma manufacturer Eurosirel

Milan-based private equity firm Alto Partners and Italian fund management company Arca Fondi have agreed to the buyout of Eurosirel, a manufacturer and distributor of medical devices and cosmetics. The transaction is expected to close by June.  As part of the...