by Sebastian | Feb 7, 2022 | News
Bumble Inc said on Monday it has bought France’s Fruitz in its first acquisition, as the dating app company tries to strengthen its foothold in Europe, where it plays catch-up with Tinder owner Match Group. The financial terms of the deal were not disclosed. Launched...
by Sebastian | Feb 7, 2022 | News
KBC Bank Ireland – which is in the process of exiting the banking market in the Republic – has completed the sale of a roughly €1.1bn portfolio of non-performing mortgage loans to US private equity house CarVal. The transaction agreement was first agreed at the end of...
by Sebastian | Feb 7, 2022 | News
Apollo announced that funds within its Hybrid Value strategy have committed to invest $125m in Hero FinCorp Limited, one of the largest privately owned non-banking financial companies in India with a $3.7bn loan book. The commitment is part of a $267m fundraise by the...
by Sebastian | Feb 7, 2022 | News
EQT and Verdane are pleased to announce that the EQT Mid Market US fund, together with the Verdane Capital IX fund have agreed to sell Forsta to Press Ganey, a leader in patient, member, employee and consumer experience across the healthcare ecosystem. Headquartered...
by Sebastian | Feb 7, 2022 | News
In the second half of October, KKR – via its new Chord Music venture – acquired a large portfolio of rights from Kobalt for $1.1bn. Now, KKR is indeed securitizing that catalog into bonds, and seeking a nice rating for them. According to Bloomberg, KKR Credit Advisors...
by Sebastian | Feb 7, 2022 | News
Sports leagues invited private equity firms to join in 2021 and firms invested nearly $2bn in team stakes, according to PitchBook. Investors flocked to the NBA to provide growth capital to teams and more deals are projected in 2022. U.S. stocks made a ton of money for...
