by Sebastian | Aug 3, 2022 | News
Oman’s Private equity infrastructure fund Rakiza has announced the receival of a capital commitment fund worth $300m from Saudi Arabia’s Public Investment Fund. Rakiza is co-managed by Oman Infrastructure Investment Management and Equitix, and focuses on the...
by Sebastian | Aug 3, 2022 | News
Rolls-Royce said on Wednesday it had secured the final regulatory clearance for the sale of ITP Aero to investors led by Bain Capital, with the completion of the $1.8bn deal expected in the coming weeks. The approval, from the Spanish government, means Rolls has...
by Sebastian | Aug 2, 2022 | News
KKR is to sell Minnesota Rubber and Plastics, a leading provider of materials science-based elastomer and thermoplastic solutions, to Trelleborg Group, a leader in engineered polymer solutions, in a transaction valued at approximately $950m. Since KKR’s acquisition in...
by Sebastian | Aug 2, 2022 | News
Intermediate Capital Group has almost doubled its predecessor to close its eighth European Corporate fund on €8.1bn. Europe VIII significantly beats its €7bn target and exceeded its hard cap. It is also 90% bigger than Europe VII. The fund has attracted commitments...
by Sebastian | Aug 2, 2022 | News
Ontario Teachers’ Pension Plan Board agreed to the sale of funeral services company Mémora Group (Mémora) to Grupo Catalana Occidente, a Spanish insurance company, at an enterprise value of approximately €600m. The purchase is subject to standard regulatory approvals...
by Sebastian | Aug 2, 2022 | News
Leading mid-market private equity firm LDC has exited its seven-year investment in bathroom specialist Aqualisa to Fortune Brands Home & Security, in a transaction that values the company at £130m. Founded in 1977, Aqualisa is the UK’s leading designer, developer...
