Clayton, Dubilier & Rice (DC&R) is close to raising $23 billion for its new flagship buyout fund, overshooting its initial target by $3bn to defy an industry-wide slump in fundraising, the Financial Times reported on Tuesday. CD&R asked its investors if it...
Private equity firm Advent International has bought a majority stake in Australian fashion brand Zimmermann from the founding family and Italian fund Style Capital, it said. While the financial terms of the deal were not disclosed, two people close to the matter said...
Veritiv on Monday agreed to be bought by private equity firm Clayton, Dubilier & Rice (CD&R) in a $2.3bn deal that would take the packaging firm private. The buyout of Veritiv, which makes paper-based boxes and cartons, and glass containers, comes against the...
Private equity firms TDR Capital and Sycamore Partners are reportedly considering joining forces in a bid to buy global sandwich chain Subway. The sources said Subway expects to sell for more than US$9 billion, and that it was unclear whether the two companies would...
Revelstoke Capital Partners, a Denver-based private equity firm with $5.8bn of assets under management, announced today that it has completed the successful fundraising for Revelstoke Capital Partners Fund III, and various affiliated investment vehicles totalling... 