Thoma Bravo to buy UK’s Darktrace for about $5.32bn

Thoma Bravo to buy UK’s Darktrace for about $5.32bn

Private equity firm Thoma Bravo agreed to buy Britain’s Darktrace for about $5.32 billion in cash on Friday, saying it would use its software expertise to drive growth at the Mike Lynch-backed cybersecurity specialist. The agreed price of $7.75, or around 620...
Apollo raises $35bn through Asia expansion

Apollo raises $35bn through Asia expansion

Alternative asset management major Apollo Global Management has raised $35bn from Asian investors since implementing a plan to revamp its business in the region at the beginning of 2022.  Under the leadership Matthew Michelini, the man tasked with reshaping Apollo’s...
Ardian SAS to Acquire $1bn in Private Equity Stakes

Ardian SAS to Acquire $1bn in Private Equity Stakes

Ardian set to acquire over $1 billion of BCI’s private equity stakes amid market shifts and high interest rates. The transaction may close in the next few months, one of the people said, asking not to be identified discussing a confidential matter. The British...
Triton Partners acquires V&N Group from VolkerWessels

Triton Partners acquires V&N Group from VolkerWessels

Funds advised by European mid-market private equity firm Triton Partners have agreed to acquire VolkerWessels Verbindingen en Netwerken (V&N Group), a provider of energy & utility, connectivity and building installation services in the Netherlands and...